Thailand automotive industry outlook 2018Thailand is fast becoming a main SE Asia production hub for medium and heavy commercial automobiles, with Scania the most current global manufacturer to set up a regional production and R&D centre in the country. In 2015, the production of cars in Thailand was 1.9 million cars with 800,000 automobiles sold domestically and 1.2 vehicles exported. There had been also 1.eight motorcycles created, with domestic sales of 1.6 million and exports of 350,000 units. The Thai automobile and auto components business accounts for practically 12 percent of Thailand’s economic growth and employs much more than 500,000 people.
The first Mazda assembled in Thailand were three-wheeled commercial automobiles, in 1950. 20 > In 1974 ” Sukosol and Mazda Motor Business” was founded, opening Mazda ‘s initial knock-down assembly plant in 1975. 25 :five In 1998 the AutoAlliance Thailand (AAT, formed in 1995) automobile assembly plant was opened, a joint venture between Ford Motor Firm and Mazda Motor Corporation in Rayong Province , Thailand AAT builds compact pickup trucks and SUVs primarily for the Southeast Asian market, with exports to other establishing markets and Europe as well. The Mazda 323 Protégé was produced between January 2000 and 2002, 5 :34 but was replaced with imports from the Philippines as a outcome of market place liberalizations.
The international demand for green vehicles is expanding. Internationally, the number of electric vehicles (EVs) is projected to rise to 35 percent of all cars by 2040. Even though Thailand is moving towards production of more fuel-effective automobiles, the recognition of EVs is still low in the country sales of hybrid petrol-electric automobiles or plug-in hybrid cars in Thailand accounted for just one particular percent of total auto sales in 2015. To assist spur the market, the Thai government is actively advertising and … Read More