Thailand's Domestic Car Production Exceeds 2 Million Units This Year

[webfact]

Domestic car production exceeds 2 million units this year

By Digital Media

BANGKOK, Nov 23 – Thailand’s automotive industry is jubilantly celebrating its “2012 Golden Year” as the annual automobile manufacturing has surpassed 2 million units for the first time in five decades.

Vitoon Simachokedee, permanent secretary for industry, said today that domestic automobile production through the yearend will reach 2.3 million units—1.3 million units for domestic distribution and 1 million units for export.

The champion products are pickup trucks and eco-cars, he said, adding that Thailand has moved forward as one of the 10 top automotive-manufacturing countries.

He said Thailand’s automotive exports rank sixth worldwide. Exports are expected to reach 2.5 million units next year and 3 million units in 2017.

Federation of Thai Industries (FTI) president Payungsak Chartsuthipol called 2012 as the “golden year” of Thai automotive industry and said the country currently has over 2,500 spare parts and automotive-related plants, hiring a competent labour force of more than 800,000 people.

The automotive and spare parts industries sought investment privileges at a total value of Bt2.02 million this year, a 95 per cent increase from last year, he said.

Prime Minister Yingluck Shinawatra will preside at a celebration of automotive achievement, entitled “2 million units: New era to global success,” scheduled for next Friday. (MCOT online news)

-- TNA 2012-11-23

[noob7]

"domestic automobile production through the year end will reach 2.3 million units—1.3 million units for domestic distribution and 1 million units for export."

"Exports are expected to reach 2.5 million units next year"

So in 2013, no sales in Thailand expected, all cars for export?

Oh, sure, the 100k initiative, this year. Suck for next year car sales, methinks

Edited November 23, 2012 by noob7

[rubl]

I must admit to have noticed that Bangkok traffic becomes horrendous again.

[asiawatcher]

Thank goodness 'face' plays such an important role in domestic sales. Keeping that red plate on the car as long as one can is very important you know. They even park the newbie in the streets as long as they can where before they parked the older one in the carport. The fact they can't pay the finance and companies like Union Auction at Wangthonglang sell repo's every saturday by the truck load, has nothing to do with it. I would love to see the stats for used car stocks being held in Thailand. It would be staggering I think.

[zakk9]

If it continues to grow at the same rate, car production will give work to more people than prostitution does within a few years...

[noob7]

If it continues to grow at the same rate, car production will give work to more people than prostitution does within a few years...

But with less 'pay'.

But to reach 2.5 Million workers in the industry, that still needs a while

Edited November 24, 2012 by noob7

[mikebell]

So why do I have to wait 4 months for my new Jazz?

[noob7]

So why do I have to wait 4 months for my new Jazz?

Because you aren't a Thai and will buy it anyway? Not only as long there is the chance, to get in 12 month money back, from the government?

[jcw]

Deleted, wrong thread ,,,doh

Edited November 25, 2012 by jcw

[Thai at Heart]

They should ban anyone with a red plate from multi story car parks.

Can't reverse, can't park, can't do a hill start. Pure hilarity today to watch.

[jcw]

It is not hilarity today to watch when they are next to your car !!!!

(Many people here have Eng-Rish as their 2nd lingo - definition of hilarity)

Noun:

• Extreme amusement, esp. when expressed by laughter.
  
• Boisterous merriment.
  

[sirchai]

So why do I have to wait 4 months for my new Jazz?

Because the Jazz isn't waiting for you!--

[sirchai]

"Prime Minister Yingluck Shinawatra will preside at a celebration of automotive achievement, entitled “2 million units: New era to global success,” scheduled for next Friday"

New area of global warming success?