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  1. #1
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    StrontiumDog's Avatar
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    Thailand to produce 1.7 million vehicles by year end

    Thailand to produce 1.7 million vehicles by year end

    Thailand to produce 1.7 million vehicles by year end

    วันพฤหัสบดี ที่ 11 พ.ย. 2553


    BANGKOK, Nov 11 - Thailand is maintaining its position as the "Detroit of Asia", beating all production records to produce about 1.7 million cars by year end and is now ranked as the 14th largest world auto producer, according to the Federation of Thai Industries (FTI)'s Automotive Industry Club.

    Club chairman Suparat Sirisuwannangkul made the observation at a seminar held by FTI, the Stock Exchange of Thailand (SET) and Siam Commercial Bank.

    Of the 1.7 million automobiles, 750,000 are for domestic sale and the rest, or 950,000 vehicle, are for export. He said the original target of the number of cars produced in the country was set at 1.6 million, but actual production might reach 1.8 million units.

    About 990,000 vehicles were manufactured in Thailand last year.

    For the first nine months, Thailand already produced about 1.2 million vehicles. Among them, 556,000 were for local sale and 664,000 for export.

    In 2011, it is forecast that Thailand's auto production will likely to increase by 10 per cent, making it have about 800,000 automobiles to be sold in the kingdom and about one million for export.

    The value of automotive exports and spare parts accounted for Bt430 billion in the first nine months, following computers and electronics. Such value is expected to exceed Bt510 billion by the year end.

    Mr Suparat said Thailand's strength in car manufacturing is that the country is a base to assemble pick-up trucks and spare parts, with markets large enough to support car supply and to produce automobiles at cheaper prices. Also, Thailand has good infrastructure and its government has a long-term policy to support the auto production.

    However, he said the country still depends on the technology of other countries and lacks skilled workforce.

    Meanwhile, spokesman for the FTI Automotive Industry Club Surapong Paisitpattanapong said about 100,000 more of eco-cars will be manufactured next year.

    For the past seven to eight months, he said, Thailand was able to produce more automobiles, accounting for 51 per cent of the total number of vehicles manufactured in the Association of South East Asian Nations (ASEAN).

    The volume of vehicle production in Thailand counts for around 11 per cent, or Bt9 trillion, of the country's Gross Domestic Product (GDP). (MCOT online news)
    "Slavery is the daughter of darkness; an ignorant people is the blind instrument of its own destruction; ambition and intrigue take advantage of the credulity and inexperience of men who have no political, economic or civil knowledge. They mistake pure illusion for reality, license for freedom, treason for patriotism, vengeance for justice."-Simón Bolívar

  2. #2
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    I just hope they are applying green policies and minimising carbon emissions!!! Somehow I suspect that isn't too high on the agenda when there's baht to be made.

  3. #3
    Nostradamus
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    With 600,000+ new vehicles on Thai roads every year and few being scrapped, the infrastructure is at breaking point.

  4. #4
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    "about 800,000 automobiles to be sold in the kingdom" That's just what this place needs, sure. While they are adding all these cars to the roads the government seems happy to let the railway system go to hell, which is another great idea. The future definitely lies in undifferentiated urban sprawl and supermalls with lots of parking.
    “You can lead a horticulture but you can’t make her think.” Dorothy Parker

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    Quote Originally Posted by Nostradamus View Post
    With 600,000+ new vehicles on Thai roads every year and few being scrapped, the infrastructure is at breaking point.
    Then WHY does the price of used vehicles stay so HIGH?

    Will we see the price of used ones come down if there are to be that many new ones available??
    Just my 0.02 Baht worth

  6. #6
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    Quote Originally Posted by StrontiumDog
    the country still depends on the technology of other countries and lacks skilled workforce.
    But, but, I heard Thais invented the car and train and discovered DNA, i heard they were the most skilled in the world....say it ain't so

  7. #7
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    Cool Hi

    In relation to the subject

    I think its great that Thailand is going forward with industry but careful not to place the country's burden on cars as it will inevitably fail. But the Government is ploughing tonnes of money and Tarmac into Thailands economic corridors so only the Bangkok area will be at breaking point all the roads around my town in the north are empty to the point of disturbing. I think if the country is gettting moire cars it needs more testing for the soon to be drivers.

    DMA

  8. #8
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    Did you know It takes 8,460 bolts to assemble an automobile, and it only takes one nut to scatter it all over the road.

  9. #9
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    I live here. I've been treated well here. No one asked me to come here, but I've been welcomed treated great by nearly everyone I've met. Maybe it sounds corny, but I am glad Thailand is doing well,

  10. #10
    Nostradamus
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    Quote Originally Posted by BobR
    I've been treated well here.
    You are treated as a farang sa-ad as are the rest of us. You are only welcomed to a certain degree because you bring money.

    Come as a refugee or beggar and they will herd you over the border at gunpoint or tow you out to sea and leave you to die.

    The Thais in general are just as poor and indebted to their masters as they ever were, although their standard of living has increased somewhat due to overseas investment.

  11. #11
    Thailand Expat
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    Quote Originally Posted by BobR View Post
    I live here. I've been treated well here. No one asked me to come here, but I've been welcomed treated great by nearly everyone I've met. Maybe it sounds corny, but I am glad Thailand is doing well,
    I don't see anything wrong with being pleased about Thailand's manufacturing successes (which would be even more pronounced were the baht not overvalued vs. the yuan*), it is the misdirected, short-sighted policies of the government that I take issue with. The Thais seem to be clinging to an antiquated notion equating an increase in private vehicle ownership with its attendant emphasis on building sprawl (shopping malls and bedroom communities) with modernization.

    *http://finance.yahoo.com/q/bc?s=THBC...=on&z=m&q=l&c=

  12. #12
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    car production

    thailand to increase car manufactering to sell at competative prices,wait and see,yesterday i priced a chery tiggo,thai.price 825,000baht =17,900uk pounds.same car in the phillipines 12,700uk pounds why the difference.

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