Showing posts from July, 2011

Thailand: Auto output seen reaching 2 million in 2012

Automotive production in Thailand is expected to reach approximately two million units in 2012, up from around 1.8 million units this year. The Thai Automotive Industry Association (TAIA) projected this figure, and attributed the increase in output to high domestic and overseas demand.

Thailand's Auto Production To Reach 2 Million Units In 2012

Sounds good...

PATTAYA MAIL: TAI keeps faith in auto biz in 2011

Thailand’s automotive industry is expected to revive strongly in the latter half of 2011 after receiving serious impacts from the devastation of a powerful earthquake and tsunami in Japan in March.

AFG Meeting: Hemaraj Technical College Presentation

This Tuesday more than 40 members and associates participated at the AFG Meeting held at the Conference Center at ESIE Plaza I, Hemaraj Eastern Seaboard Industrial Estate.

The presentation focussed on the status and future of education of Thai workers – and a significant gap between the industry requirements and the available human resource.

As a response, Hemaraj plans to set up a Technical College based partly on the German apprentice system to offer technical education to Thai workers.

This excellent presentation by Khun Preeprem Malasitt, Special Project Director at Hemaraj about the Hemaraj Technical College Project is now online and ready for download.

Sunday Candy: Everything you need to know about electric cars

Everything?  not, but interesting nevertheless

The Future of the Thai Auto Industry

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.

CHINA DAILY: Japan taps Indonesia as car production base

And China will also be 'tapping' in very soon I guess...

JAKARTA - Indonesia's improving investment climate and high automobile sales led two major Japanese car makers, Daihatsu and Suzuki, to name the country their production base for global and regional markets, local media reported here on Wednesday.

Industry Minister MS Hidayat announced on Tuesday that Daihatsu would hold a ground-breaking ceremony on May 20 to mark the beginning of the construction of its new production facility in Karawang, West Java.

"The investment value for the factory is 2.1 trillion rupiah ( about $245 million)," he said at his office here.

Private sector wishes for stability

The local and foreign business communities hope the country can finally get back on track with political stability, economic expansion and fairer competition under a new government.

"Thailand should move forward and concentrate more on promoting economic growth after the country had been falling behind others because of the political conflict," Nandor von der Luehe, chairman of the Joint Foreign Chambers of Commerce, said yesterday.

Thailand's appeal strong despite challenges

Thailand's new government should look at improving the country's already good infrastructure to make it difficult to resist for foreign investors, most of whom continue to have a positive long-term outlook despite political ups and downs.

"What is needed is the development of infrastructure and long-term planning," said Peter Eliot, head of the American Chamber of Commerce in Thailand and the country head of Citibank.

JAKARTA GLOBE: Indonesia’s Growth Potential Putting Automakers in Gear

Indonesia’s automotive sector is experiencing a surge of investment that could take it back to its glory days in the 1990s, and possibly even overtake Thailand as the Detroit of Southeast Asia.

Johnny Darmawan, president director of Toyota Astra Motor, said that with the country’s strong economic growth, young population and availability of resources, it was inevitable the company would step up its investment plans here.

THE STAR MALAYSIA: Drop in June car sales

PETALING JAYA: The amendments to the Hire-Purchase Act 1967 (HPA) that took effect on June 15 has caused delays in vehicle registrations and should result in lower total industry sales for the month.

Car players said the drop did not mean people were buying fewer cars but reflected the longer time to book a sale and they expect the registration numbers to smoothen out in July.