We are pleased to invite you to another CAN'T MISS EVENT....with John Conomos AO, Australia’s Automotive Envoy. He will present the status and vision for the Automotive Industry in Australia: Automotive Australia 2020 Roadmap Date: Wednesday, June 13th, 2012 Registration: 4.30 PM Presentation: 5.00 PM (please be on time) Location: Pattana Golf Club (click here for a map)
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Showing posts from May, 2012
AFG Meeting Report
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Check out Doc Iain's comprehensive report on the May 2012 AFG Meeting. Thanks again to our speaker Peter Wolf, our members, sponsors and partners for making this an interesting session on BMW Thailand and the EABC European Asean Business Centre. The report was published yesterday in Pattaya Mail the report is as follows: The Automotive Focus Group (AFG) packed the meeting room at the Pattaya Marriott Resort and Spa to listen to Peter Wolf, the MD of BMW Manufacturing Thailand at the Rayong plant. Peter Wolf has been the MD at BMW Manufacturing Thailand since July 2010 and has been part of the overall growth of the company in Thailand which has maintained growth rates between 26-28 percent over the past three years, with their 220 employees producing 5,000 vehicles annually from CKD. To service this output, which is mainly for domestic markets BMW now has 18 service centers, plus four dedicated to MINI. There is, however, some limited export of the 7-Series to Indonesia...
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THE NATION has an interesting article by Pattanadesh Asasappakij on the evolution of the pickup in Thailand: Light trucks or pickup trucks were first introduced in Thailand by the US Army, which was stationed at various airports in the Kingdom. The vehicles were purely American brands such as Chevrolet, Ford, GMC, Dodge, etc. It was only in 1970 that Datsun introduced a small pickup truck with a 1,200cc 4-cylinder gasoline engine, which looked like pickup trucks sold today. Nissan later introduced a larger body but still used a small gasoline engine, and it quickly became the most popular pickup truck in the Thai market. The pickup remained in production for many years, while there were also competitors such as Toyota Hilux, Mazda Proceed and Daihatsu, which was very strong in the Chiang Mai public transport market… Check out the whole feature here .
AFG Meeting 18th of May 2012
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We are pleased to invite you to another CAN'T MISS EVENT ....with Peter Wolf, Managing Director of BMW Manufacturing Thailand. He will present status and vision for BMW in Thailand and introduce the Automotive Working Group at the EABC (European Asean Business Centre): Date: Friday, May 18th, 2012 Registration: 5.00 PM Presentation: 5.30 PM - 6.30 PM Location: Marriott Pattaya, Beach Road Please click on YES or NO NOW , so we can reserve your seat at this interesting event. Part 1: BMW Manufacturing Thailand Today and Tomorrow – BMW in Thailand und ASEAN – View to AEC 2015 (Asean Economic Community) Part 2: European ASEAN Business Centre EABC Automotive Working Group – EABC Background – Members – Position Papers – Timeline – Participation for AFG & members Speaker: Peter Wolf Peter Wolf assumed his position at BMW Manufacturing (Thailand) on 1 July 2010. Mr. Wolf (53) has been working with BMW Group for nearly 25 years. Before joi...
Proton Delisted From Malaysia's Stock Exchange
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Proton has been delisted from Bursa Malaysia, almost eight years since joining the local stock exchange, after new owners DRB-Hicom succeeded in securing 98.6 percent (as at April 26) of Proton shares, above the threshold of 90 percent required to privatise Proton. Starting with the buying of a 42.74 percent stake in Proton from Khazanah Nasional Bhd at RM 5.50 a share early this year, DRB-Hicom then launched a mandatory general offer for the remaining shares it did not own, valuing Proton at RM 3.02 billion. With 98.6 percent now in hand, DRB-Hicom can compulsorily acquire the 1.4 percent still with investors. Without the public eye of scrutiny, DRB-Hicom will have the flexibility to embark on long-term plans to make Proton a more profitable company, and not worry about short-term results that the stock market players are more concerned about. Approvals from shareholders on any future corporate exercises will no longer be needed once Proton becomes private. And indeed...
Honda restarts Thai vehicle deliveries
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Honda has commenced delivery of vehicles to customers across the country, with its Ayutthaya plant having resumed operations in late March. However, Honda dealers are facing further pressure as the Japanese auto-maker has chopped the credit period for dealers from 1 month to just 10 days. Honda's two assembly plants in Ayutthaya were totally submerged during last year's massive flood, resulting in more than 60,000 customers orders going unanswered. Read the full story here .
Ford opens new plant, vows major local sourcing of parts
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Ford plans to purchase up to US$800 million worth of parts annually from Thailand to supply its new $450-million passenger vehicle plant in Rayong. The purchases do not include sourcing by Ford for AutoAlliance Thailand, its joint venture with Mazda. The $800 million in purchases will go to achieving 40% local Asean content, a requirement for automakers wanting to export the vehicles duty-free within the region. Read the complete Bangkok Post article here .
Ford opens new plant in Rayong
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Ford opened a second plant in Thailand on Thursday giving the firm the ability to produce 445,000 vehicles a year in the country. Ford Thailand Manufacturing opened a $450 million U.S. manufacturing plant in the Eastern Seaboard Industrial Estate, which is roughly 99 miles southeast of Bangkok. Check out the video here .