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The Automotive Focus Group Thailand (AFG) held their February meeting at the Centara Grand Mirage Beach Resort , and featured an address by Kevin Gallaghan from Magnate Automotive, builders of what has been dubbed Thailand’s ‘supercar’ by some sections of the media. The February meeting was also the AGM, and president Mike Diamente (DANA) addressed the members, beginning by reporting how pleased he was to see the membership double during 2009, now being 60 members. He reported on the survey taken during 2009, with the main needs for the members (at that time) being labor relations, downsizing the correct way and keeping a hold on the cost of logistics. He also noted that although the AFG is associated with AustCham, there were three months in the year in which there were no Seaboard Sundowners and the AFG was able to arrange and organize its own venues very successfully, including the function rooms at the Bangkok Hospital Pattaya. One of the new services the AFG had given its member...

Kevin Gallahan: "It wasn't the start of a company but the start of an idea." "Here we are today with a high technology, carbon composite chassis building a world class supercar in Thailand" "The cost of the prototype build has been as high as it would have been anywhere in the world." Did you know: The P 708 a collector's car – only 100 will be built. It's a true racing car. The price tag is around 15 Million Baht. For the technically minded, here are some specs: Height adjustment - front and rear Magnate SMART Instrument Panel Magnate Touch Screen Intelligence System w/ Engine Diagnostics and Security features Bi-Xenon lighting Apple iPhone Supplied Audio Air conditioning and heating Wheels: Forgeline 3 Pc. 20" X 12" rear, 20 x 9" front Engine: Magnate 7.0 liter Aluminum V8. @ 530 horsepower, (Optional Magnate 7.0 liter Twin Turbo 750 BHP / 730 lbs-ft of torque) - Custom 7.0 L aluminum block - Callies forged steel 4340 crankshaf...

Join the AFG Meeting on 19 February when Kevin Gallaghan from MAGNATE Automotive will introduce his car company and the P708. A talk not to be missed!