Showing posts from June, 2011

Facelifts scheduled for popular pickups in H2

Competition in the local pickup truck market is expected to intensify as many major producers start introducing new models or updated versions of popular mainstays in the second half of this year.

Toyota Motor Thailand on July 13 will introduce updated versions of its Toyota Hilux Vigo pickup and pickup-based Fortuner sport utility vehicle (SUV), which have been brisk sellers the past seven years.

Rivals Isuzu, General Motors, Ford, Mazda and Nissan will follow suit.

Jatco shifting to Thailand

Jatco Co, a Japanese maker of automobile transmissions, will build a 7.6-billion-baht plant in Thailand to diversify risks arising from the strong yen and natural disasters at home.

The plant in Chon Buri will open in mid-2013 with annual production of 500,000 continuously variable transmissions (CVTs), making it the first manufacturer of the product in Thailand.

Research and Markets: Thailand Autos Report Q3 2011 - Overall Expansion In The Order Of 10% Is Comfortably Within Reach In 2011

Good News ….
New vehicles sales in Thailand showed significant growth over 2010, rising by 45.8% year-on-year (y-o-y) to reach 800,357 units, according to figures released by the Thai Automotive Industry Association (TAIA). This sales performance reflected the strong recovery in consumer demand seen in Thailand across the course of the year, even against a backdrop of continued political strife.

We believe that output of vehicles in Thailand (inclusive of all producers operating in the country) is on course to expand 15% over 2011, before slowing down to an annual growth rate of around 8% over the remainder of our forecast period to 2015.

Thailand aims for top 10 carmaking status by 2015

Thailand's auto industry is targeting production of 3 million vehicles annually by 2015, pushing the country into the top 10 from its present 12th ranking.

Atchaka Sibunruang, secretary-general of the Board of Investment (BoI), last Thursday said automobiles are a core local industry, as evidenced by the 1.65 million vehicles produced last year.

Thailand Manufacturing Expo

Get ready for Thailand’s highly-anticipated cluster on international exhibitions of machinery and technologies for industrial part manufacturing, Manufacturing Expo 2011. This event will allow you to discover the latest machinery and technologies for key industries with supporting elements (such as automotive, electronics, plastic, mold & die), learn extraordinary knowledge, meet your peers and new business partners while obtaining excellent networking opportunities.

“Manufacturing Expo 2011” provides a  one stop shop for those involved in industrial parts manufacturing through a combination of four upscale exhibitions on machinery and technology:

InterPlas Thailand 2011 for plastic and rubber
InterMold Thailand 2011 for mold and die making
Automotive Manufacturing 2011 for automotive parts
Assembly Technology 2011 on automation and robotics for assembly and production lines

China Auto Sales Will Likely Miss 2011 Target

BEIJING—Sales growth in China's automobile sector will likely fall short of the industry's annual forecast after sales declined in May over a year ago for a second consecutive month.

Total vehicle sales in China, the world's largest auto market, reached 1.38 million units in May, down 3.98% compared with the same month a year earlier, and following a 0.25% year-to-year decline in April, the association said. Sales in the January-May period reached 7.9 million units, up 4.06% on year.

Most Thai Manufacturers Unaware Of How To Implement...

Strange Press Release in THE NATION:

Close to 20% of Thai manufacturers areadvanced adopters of Lean manufacturing with majority coming from the automotive and electrical/electronics goods sectors, according to the results of IDC Manufacturing Insights' latestLean adoption survey.

AutoV Acquires Proreka (M) Sdn Bhd

AutoV Corporation Bhd has entered into a sale and purchase agreement with other shareholders to acquire a 100 per cent equity interest in Proreka (M) Sdn Bhd for a total consideration of RM27.88 million.

BMW Malaysia to increase Kulim plant production by 50%

BMW is booming in Malaysia
CYBERJAYA: BMW Group Malaysia will be ramping up production at its local assembly facilities in Kulim, Kedah, by 50% for 2011, in line with its increased investment and the creation of more skilled jobs within the Malaysian automotive industry.