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Thailand seen holding onto crown of "Detroit of Asia"

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Martin Apfel, president of General Motors' Thailand/Southeast Asia operations Thailand makes news in the US: Half a world away from the cold streets of Michigan, General Motors (GM.N) is getting ready to roll its first diesel engine out of a recently opened factory in eastern Thailand. Nearby, Ford Motor (F.N) is building a manufacturing plant and Suzuki Motor (7269.T) aims to start producing environmentally friendly cars at a new factory in 2012. Welcome to the "Detroit of Asia", a vast area 120 km (75 miles) east of Bangkok, where durian orchards have given way to car plants over the past decade and vehicles are made for export to more than 200 countries. While facing increasing competition as an auto manufacturing hub from countries including India, China and Indonesia, Thailand looks likely to retain its dominant position and win more investment thanks to its low wage costs and strong infrastructure

Indian parts firms eye FTA potential

Indian parts firms eye FTA potential' Indian auto-parts makers and renewable-energy firms are looking to Thailand as an investment hub for Southeast Asia because of the privileges offered under the Asean-India free-trade agreement, says India's largest industrial group. Bhaskar Sarkar, executive director and secretary of EEPC India, said Thailand was the most attractive Asean destination and investors want to capitalise on the upcoming Asean Economic Community single market in 2015.

Lenso increases marketing budget

Lenso's lightweight alloys Lenso Wheel, the distributor of Lenso and Raiden wheels, plans to spend more than Bt50 million on marketing events and advertising this year to help boost its sales. http://www.nationmultimedia.com/main/2011/02/17/lifestyle/Lensos-lightweight-alloys-30148859.html Sent from my iPad

Automotive growth drives new investments

Amata to co-invest in Chinese meter-makers' Thai expansion Amata Corp has agreed with China-based Holley Group that the companies will co-invest about Bt2 billion in expanding the meter-maker's business in Thailand. http://www.nationmultimedia.com/2011/03/01/business/Amata-to-co-invest-in-Chinese-meter-makers-Thai-ex-30149794.html Sent from my iPad

New Section; Automotive Newsletters

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Check out the new section " Automotive Newsletters ". First entry is L&P's Newsletter #131, February 2011: New investment promotion for sustainable development makes high tech machinery more competitive in Thailand.

Vintage wheels on display

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Bangkok Post: Seacon Square and Vintage Bike Thailand are displaying a collection of more than 100 vintage bikes at the 2 Wheels Story fair, which takes place in Seacon Square from Thursday to Sunday, March 6, 10:30am-9pm.

Indian parts firms eye FTA potential

Bangkok Post: Indian auto-parts makers and renewable-energy firms are looking to Thailand as an investment hub for Southeast Asia because of the privileges offered under the Asean-India free-trade agreement, says India's largest industrial group. Bhaskar Sarkar, executive director and secretary of EEPC India, said Thailand was the most attractive Asean destination and investors want to capitalise on the upcoming Asean Economic Community single market in 2015.