PM meets with auto sector

BANGKOK, 7 March 2016 (NNT) – The Prime Minister has explained a 5 year plan to the Automotive Industry to build confidence among investors.

Prime Minister Gen Prayuth Chan-ocha has met with representatives for the auto-industry at Government House with officers from Isuzu, Toyota, Nissan and Honda present.

President of Tri Petch Isuzu Sales Toshiaki Maekawa handed the premier a development plan for the sector that included tax incentives, better utilization of free trade agreements and adjustments to state purchases of vehicles. He stated that the plan modernizes the government’s approach to the auto industry.

The prime minister has accepted the plan and detailed the government’s own 5 year development plan for autos, drawing confidence from the representatives, who stated they will continue to invest in Thailand.

Isuzu stated that it will step up production of hybrid vehicles despite Thailand’s shrinking auto sales figures, which were down 100,00 units last year.


-- NNT 2016-03-07

The auto sector have to stop criticize the PM

Very pleased to hear the Auto sector is declining,there are too many vehicles

on the roads now.

regards Worgeordie

Be prepared for another top "politician" in a pink Bentley.

A post in violation of fair use policy has been removed as well as a reply:

14) You will not post any copyrighted material except as fair use laws apply (as in the case of news articles). Please only post a link, the headline and the first three sentences.

A nonsense post removed as well.

To summarize:

The heads of the Thai auto industry met with the PM and made suggestions for modernizing the industry. The PM responded with a different plan. Everybody was polite.