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Thailand aims at producing 3 million automobiles a year by 2017

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Thailand aims at producing 3 million automobiles a year by 2017

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BANGKOK, 25 April 2014 (NNT) - The Thailand Automotive Institute is aiming to achieve a production target of 3 million vehicles annually by 2017, as set by the Industry Ministry.

The institute’s new director Vichai Jirathiyuth made the declaration, adding he would also retain the institute’s main policy of pushing Thailand as the number one automobile producer among the ASEAN member countries. The Thailand Automotive Institute has projected the number of this year’s automobile production to reach 2.45 million units, a 10% decrease year-on-year, thanks to the ailing economy.

Mr. Vichai was confident that the nation would be able to maintain the number one position despite the presence of Indonesia, a competent rival in the region whose auto industry has an expected growth of 15% this year. Thailand’s automobile sector this year is expected to grow at 12%. Mr. Vichai said, despite a modest projection the kingdom has higher potential at auto production, while holding advantage of having the Eco-Car Phase 2 Policy, the government’s campaign promoting the production of automobiles with low fuel consumption rate.

Director Vichai said currently Thailand ranks 9th in the world as automobile producer and the 13th auto exporter.

He said the current hurdles the institute is facing at the moment are the preparation for local SME operators related to auto production for the arrival of the ASEAN Economic Community in 2015.

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people are getting there cars repossesed now must be for export.....the bubbles about to burst maybe hes trying to justify his job..

Goodbye ozone layer, hello global warming.

  • Popular Post

"The Thailand Automotive Institute is aiming to achieve a production target of 3 million vehicles annually by 2017, as set by the Industry Ministry."

The Thailand Automotive Institute is aiming to achieve nothing.

It's the Japanese motor giants that regulate the production of cars.

Without them and their investments, Thailand would be producing and regulating fresh air.

  • Popular Post

That's scary, 3 million new cars on the roads in Asia being driven by people who have no idea about driving and safety.

That's scary, 3 million new cars on the roads in Asia being driven by people who have no idea about driving and safety.

I shudder to think of songkran 2017.

"The Thailand Automotive Institute is aiming to achieve a production target of 3 million vehicles annually by 2017, as set by the Industry Ministry."

The Thailand Automotive Institute is aiming to achieve nothing.

It's the Japanese motor giants that regulate the production of cars.

Without them and their investments, Thailand would be producing and regulating fresh air.

Everything I buy which proudly exclaims " made in Thailand" on it promptly falls apart............Japanese products aside that are made in Thailand.

Shouldn't that read Shinland aims at producing 3 million automobiles a year by 2017. Just one more quick election and it's in the bag.

"The Thailand Automotive Institute is aiming to achieve a production target of 3 million vehicles annually by 2017, as set by the Industry Ministry."

The Thailand Automotive Institute is aiming to achieve nothing.

It's the Japanese motor giants that regulate the production of cars.

Without them and their investments, Thailand would be producing and regulating fresh air.

Took the words out of my mouth,but they never say this.Like all other foreign companies here alot of Thais think they are Thai.

Does Thailand actually own any high tech industries?

I have not seen any brands I can think of as most seem to be foreign using foreign tech. Not talking about suppliers that supply parts designed by the main producers. Every company I have been involved with here uses foreign design and management, is this economy wide, and if so what do the locals do?

cheers

OEC manufacturers.. it means..... mainly for export, having used cheap labour.

As for comments about an extra 3 million cars on the roads....... you should c.f. Shanghai and other areas of China, regarding standards. Shanghai, 15 years ago was simply rice fields and paddy land. Look at it now, with multiples of huge asset makers and a huge middle class all suddenly driving cars, with no idea of road rules.

Good luck to Thai suppliers of such vehicles, as most suppliers are now established Western countries, such as Lear seating, Brose window mechanisms, Autoliv airbags, and the list is endless, many set up in the Rayong area.... all using cheap Myanmar labour.. not Thai.

So made in Thailand yes.... but designed and developed in the West, also a bug << yes.......

Does Thailand actually own any high tech industries?

I have not seen any brands I can think of as most seem to be foreign using foreign tech. Not talking about suppliers that supply parts designed by the main producers. Every company I have been involved with here uses foreign design and management, is this economy wide, and if so what do the locals do?

cheers

Think I answered your Q.. ^^^

"Thailand aims at producing 3 million automobiles a year by 2017"

Just a lip service towards the Japanese greedy car makers...

Traffic problem solved I guess.... whistling.gifwhistling.gifwhistling.gifwhistling.gif

I'm trying to buy one now......a Honda and so far have been lied to by upstart sales people, abused and experienced attempted extortion so I have given up....

In 3 weeks nothing but frustration.....gonna buy a used car now!:))

  • Popular Post

I think congratulations are in order here.

So a hearty 'well done' to Japan's Toyota, Honda, Nissan, Mazda and Isuzu along with America's Ford and General Motors and not forgetting Volvo, Benz, Daihatsu and Tata.

Well done also to Thailand for providing enough flood free facilities and cheap labour to allow these foreign companies to thrive.

Just what the world needs. More cars.

Just what the world needs. More cars.

??

More cars will always be manufactured, as old ones become defunct. Do you work in a marketing department, per chance? giggle.gif

Goodbye ozone layer, hello global warming.

Components of vehicle exhaust gases are converted to ground-level ozone by UV light, and this type of ozone is a major source of open-air pollution which seriously damages the health of all those who breath it.

He is full of more kee than a sewer. Obviously he did not listen tithe head hincho,of Toyota from Japan who said in 5 years Toyota is going to,Indonesia because of a better deal

Marcusd. Via tapatalk

That's scary, 3 million new cars on the roads in Asia being driven by people who have no idea about driving and safety.

too late. Already happened

Marcusd. Via tapatalk

Does Thailand actually own any high tech industries?

I have not seen any brands I can think of as most seem to be foreign using foreign tech. Not talking about suppliers that supply parts designed by the main producers. Every company I have been involved with here uses foreign design and management, is this economy wide, and if so what do the locals do?

cheers

what do the locals do...

Sleep, eat, Facebook, find a farrang

Marcusd. Via tapatalk

I think congratulations are in order here.

So a hearty 'well done' to Japan's Toyota, Honda, Nissan, Mazda and Isuzu along with America's Ford and General Motors and not forgetting Volvo, Benz, Daihatsu and Tata.

Well done also to Thailand for providing enough flood free facilities and cheap labour to allow these foreign companies to thrive.

so answer me this... Why ate so many planning and threatening to go?

Marcusd. Via tapatalk

Does Thailand actually own any high tech industries?

I have not seen any brands I can think of as most seem to be foreign using foreign tech. Not talking about suppliers that supply parts designed by the main producers. Every company I have been involved with here uses foreign design and management, is this economy wide, and if so what do the locals do?

cheers

what do the locals do...

Sleep, eat, Facebook, find a farrang

Marcusd. Via tapatalk

you cynical <deleted>ard....... cheesy.gif

"The Thailand Automotive Institute is aiming to achieve a production target of 3 million vehicles annually by 2017, as set by the Industry Ministry."

The Thailand Automotive Institute is aiming to achieve nothing.

It's the Japanese motor giants that regulate the production of cars.

Without them and their investments, Thailand would be producing and regulating fresh air.

Great point and another example of Thainess..

"The Thailand Automotive Institute is aiming to achieve a production target of 3 million vehicles annually by 2017, as set by the Industry Ministry."

The Thailand Automotive Institute is aiming to achieve nothing.

It's the Japanese motor giants that regulate the production of cars.

Without them and their investments, Thailand would be producing and regulating fresh air.

Took the words out of my mouth,but they never say this.Like all other foreign companies here alot of Thais think they are Thai.

Obviously the Thai Automotive Institute provides incentives for companies to either expand current production here, or for other companies to relocate here. These agencies are prevalent in all governments worldwide, and do have the right and obligation to report their goals to the citizens of the counrty that they work for. Growth rarely happens in just a vacuum, but through inducements.

Just what the world needs. More cars.

Or in other words "More money" is what the Japanese mastermind automobile industry need by selling those cars...

Save in labor cost and sell expensive, courtesy of Southeast Asian Thailand's neighbors Burma, Cambodia and Laos...

Goodbye ozone layer, hello global warming.

Ozone????? - I think you need to update your ideas on climate change

The Thai industry - and Thailand has a majority stake in it......is in transition. originally it built basic vehicles - i.e.. pickup based models. These are labor intensive and benefit from the low cost labor still available in the region.....but all those involved in industry realise that in the future this will not be the case. Labor costs will rise, the home market is already changing significantly and like any good motor industry the main profits are in export.

To this end Thailand will add to the range of vehicles they build and they will become ever more sophisticated to meet demand both home and abroad. The drawback is that more modern vehicles require a better trained but relatively smaller workforce. This doesn't mean the current workforce will loose their jobs (not yet anyway) but that the future production increase will require relatively less workers but of a more highly skilled nature.

At present the Thai motor industry is about twice the size of Indonesia's so a 12 % increase is in reality and much larger increase in terms of numbers than the 15% anticipated by Indonesia.

The future of the motor industry in ASEAN will be subject to lower or zero protectionist duties by the member countries and Thailand is well placed to profit from this.

It is also worth bearing in mind that in the future it is unlikely that Australia will be manufacturing any vehicles so production for that market will to a greater of lesser degree take place in Thailand. My guess is that Australia will have to review import duties on cars from ALL countries to keep the cost of vehicles down....but individual FTAs already exist between Oz and Thailand and other countries in the region which will help initially.

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