Thailand to achieve record high vehicle production of 2.3 million units in 2012

Toyota, Nissan, and Isuzu to increase capacity to 760K, 420K, and 400K units respectively



Automobile production by vehicle type in Thailand 2012 vehicle production in Thailand is expected to largely exceed two million units, the forecast at the beginning of the year, to total 2.3 million units, according to the Federation of Thai Industries (FTI) forecast as of October 2012. Production has recovered because the Thai auto industry has rebounded from impacts of the Great East Japan Earthquake as well as the flooding in Thailand last year and the Eco-Car projects have made progress. In January-September 2012, production grew 32.8% y/y to 1.706 million units and CBU exports increased 15% y/y to 735,000 units. Even after the flooding, Thailand has become increasingly important as a vehicle production and export base.

 New vehicle sales in January-September 2012 sharply increased 71.3% y/y to 1.001 million units, already exceeding the initial target of one million units. Contributing factors to this success should include demands put off by the severe flooding, the Thai Government's Eco-Car program and the tax refund scheme for first-time car buyers.

 For the Eco-Car scheme that the Thai government has been promoting, Honda, Mitsubishi and Suzuki followed Nissan and started production and sales. Mitsubishi and Suzuki built new plants to manufacture Eco-Cars locally and commenced operations in March 2012. Toyota is constructing a new plant as well in order to start producing and selling Eco-Cars from mid 2013.

 Concerning production capacity expansion in Thailand, Toyota plans to boost its annual capacity from 670,000 to 760,000 units in mid 2013. Nissan plans to start up a new 200,000-units/year plant in 2014, which should raise its total capacity to 420,000 units a year. Isuzu will construct a new pickup truck plant in an aim to manufacture 400,000 units/year, including 100,000 KD sets, in the future.

 As for medium to heavy-duty CV manufacturers, Hino plans to increase its vehicle production capacity by 2.5 times to 33,000 units in FY2015. Volvo Group will invest two billion baht through 2014 to raise its annual production capacity of heavy-duty trucks and buses.

Related reports: Japanese suppliers in Thailand (1) and (2) posted in July 2012

In 2012, 2.3 million units production and 1.3 million units sales expected

Automobile production, exports, and domestic sales for Thailand In the 1st half of 2011, vehicle production in Thailand was severely hit by parts shortage due to the Great East Japan Earthquake. It also suffered great loss in the 2nd half from the heavy flooding in the country: 68% drop in October and 85% drop in November. For the full year, it fell 11.4% y/y to 1.46 million units, substantially below the initial target of 1.8 million units. Exports also failed to reach the initial target of one million units with 730,000 units, down 18.0% y/y.

 Since early 2012, however, production has rapidly recovered. January-September output grew 32.8% y/y to 1.706 million units. Although the ratio of 1-ton pickups to the whole vehicle production fell, it is still over 50%. The passenger car ratio is increasing as demands for passenger cars are rising due to the Eco-Car projects and the government's First-Time Car Buyer program effective through the end of 2012. As of October, the Federation of Thai Industries (FTI) predicted the 2012 vehicle production should reach 2.3 million units.

 Sales also slowed down in the 2nd half of 2011, affected by the severe flooding, and the 2011 sales were 790,000 units, the same level as the previous year. Since January 2012, however, sales have been picking up along with OEMs' recovering production. The January-September result was 1.001 million units, up 71.3% y/y, already exceeding the record high full year sales of 800,000 units in 2010. According to the FTI's forecast as of August, 2012 sales should hit 1.3 million units.

Automobile production, exports, domestic sales for Thailand

2008 2009 2010 2011 Jan.-Sep.
Production 1,394,029 999,378 1,645,304 1,457,795 1,285,235 1,706,389 2,300,000
Exports 776,140 552,060 894,690 733,950 639,632 735,254
Domestic sales 615,270 548,871 800,357 794,081 583,957 1,000,577 1,300,000
(Exports/production) 55.7% 55.2% 54.4% 50.3% 49.8% 43.1%
Source: The Federation of Thai Industries for production and exports, and Toyota Motor Thailand for domestic sales
Note 1. Sales in Thailand include imports. New vehicle sales by brand in Thailand are listed at the end of this report.
2. The First-Time Car Buyer program is a tax refund scheme for private car buyers that the Thai government approved in September 2011. 21-year-old and older individuals who bought their own first cars would be refunded the excise tax up to 100,000 baht per unit for the period of Oct. 2011 through the end of 2012. The vehicle should be a passenger car with engine capacity not exceeding 1,500cc or a 1-ton pickup truck, both manufactured in Thailand and priced at one million baht or less. The Ministry of Finance expects that 500,000 buyers should benefit from this program and a total of 30 billion baht should be refunded. (1 Thai baht = JPY 2.59 as of late October 2012)



Production facilities in Thailand: Toyota and Nissan to build new facilities, Isuzu and Ford to start operating new facilities

 Toyota will increase production capacity to 760,000 units/year in mid 2013 through building a new Eco-Car plant and resuming operations at Thai Auto Works. Nissan plans to construct a new 200,000-unit/year plant and build up 420,000-unit capacity by 2014.

 Many OEMs also plan to expand production capacity at their existing facilities. Mitsubishi Motors will add 50,000 units by 2013, Suzuki will add 65,000 units by 2017 and Hino will add 20,000 units by 2015.

Major auto manufacturers' production facilities in Thailand

Plant Annual
(1,000 units)
Models being produced
Toyota Motor
Thailand Co., Ltd.
Toyota 86.43% Samrong
230 516

Toyota Hilux Vigo
Ban Pho
220 Toyota Hilux Vigo, Fortuner
Gateway 1
220 Toyota Camry, Camry HV,
Prius, Vios, Corolla, etc.
Gateway 2 0→70 - (To start operations in mid 2013
and produce an Eco-Car)
Thai Auto Works
Co., Ltd.
Toyota 20% Samutprakarn 0→20 - (To resume operations at the
end of 2012 and produce
Hiace commercial vehicle)
Hino Motors Mfg.
(Thailand) Co., Ltd.
Hino 80% Bang Pakong
9 Hino trucks & buses.
Parts for Toyota IMV
Nissan Motor
(Thailand) Co., Ltd.
Nissan 75%,
Siam Motors
220 185 Nissan Navara, Frontier,
Tiida, Teana, Sylphy,
March & Almera (Eco-Car)
New plant 200 - (To start operations in 2014
and produce pickup trucks
and other models)
Honda Automobile
(Thailand) Co., Ltd.
Honda 75.94%,
Asian Honda
Motor 13.05%
Ayutthaya 240 113 Honda City, Jazz (Fit),
Civic, Accord, CR-V, Brio(Eco-Car)
Mitsubishi Motors
(Thailand) Co., Ltd.
Motors 99.91%
(First plant)
60 208 Mitsubishi Lancer, Lancer EX,
Pajero Sport
(Second plant) 140 Triton (L200)
(Third plant) 150→
- (Operations started in March 2012)
Mirage (Eco-Car)
Isuzu Motors
(Thailand) Ltd.
Isuzu 71% Samrong
200 168 A derivative of Isuzu D-Max
Gateway 1
20 10 CV
Gateway 2 80 - (Operations started in October 2012)
Pickup truck
General Motors
(Thailand) Co., Ltd.
GM 100% Rayong 180 (GM
Chevrolet Aveo, Cruze,
Captiva, Sonic, Colorado,
Trailblazer, (Isuzu D-Max by 2011)
Ford Ford 100% Rayong 150 - (Operations started in June 2012)
Ford Focus
(Thailand) Co., Ltd.
Ford 50%
Mazda 45%
Rayong 140
(CKD 55)
93 Ford Ranger, Everest,
Mazda BT-50
100 93 Mazda2, Mazda3, Ford Fiesta
BMW Mfg. (Thailand)
Co., Ltd.
BMW 100% Rayong 10 4 BMW 3 Series, 5 Series,
7 Series, X3
Assembly Co., Ltd.
AB Volvo 100% Samutprakarn 10 1 Volvo S80
Volvo trucks, buses
Tan Chong
International Ltd.
Tan Chong
Bangkok 20 n.a. Fuso models,
UD Trucks models
(commissioned production)
Suzuki Suzuki 100% Rayong 35→100
- (Operations started in March 2012)
Swift (Eco-Car) (A-Star from 2014)
Thonburi Automotive
Assembly Plant
Co., Ltd.
Local 100% Samutprakarn 16 5 M-Benz A-Class, C-Class,
E-Class, S-Class, M-Class
5 Tata Xenon
Y.M.C. Assembly
Co., Ltd.
Group 100%
Bangkok 12 n.a. Mitsuoka models



Eco-Car projects: Honda with the Brio, Mitsubishi with the Mirage, Suzuki with the Swift and Nissan with its second Eco-Car in Thailand, the Almera

Models approved as Eco-Cars as of Oct. 2012

Launch Outline Price (Baht) Sales volume
Nissan March March 2010 5-door hatchback with a 3-cylinder 1.2-liter engine and a 5-speed MT/Xtronic CVT. 375,000-537,000 19,561
Almera October
Sedan. Uses the V-platform, following the March. Mounting a 3-cylinder 1.2-liter engine with a 5-speed MT/Xtronic CVT. The start/stop function is available for the CVT model. 429,000-599,000 30,151
Honda Brio May 2011 5-door hatchback with a 4-cylinder 1.2-liter i-VTEC engine and a 5-speed MT/CVT. 399,900-508,500 11,119
Mitsubishi Mirage March 2012 5-door hatchback with a 3-cylinder 1.2-liter engine and a CVT. 380,000-546,000 13,997
Suzuki Swift March 2012 5-door hatchback with a 4-cylinder 1.2-liter engine and a CVT. 469,000-559,000 6,580
Note 1. The Thai government's Eco-Car classification: (1) engine displacement: not larger than 1,300 cc for gasoline engines and not larger than 1,400 cc for diesel engines, (2) emissions must meet the Euro 4 standard, (3) CO2 emission must be less than 120 g/km and fuel efficiency must be better than 20 km/liter and (4) production volume must not be smaller than 100,000 units/year from the fifth year of operation and otherwise, penalties should be imposed.
2. A preferential 17% excise tax rate on Eco-Cars. (30% on regular passenger cars up to 2.0-liter.)
3. Preferential treatment for Eco-Car OEMs: (1) exemption on corporate tax for up to eight years, (2) exemption on the import duty for machinery and equipment for Eco-Car production and (3) up to 90% reduction for two years in the import duties on raw materials and finished parts that cannot be manufactured in Thailand.


Eco-Car production and sales: Current situation and plans
Honda  Although the sales target for the Brio, launched in May 2011, was 40,000 units/year, 2011 sales remained only at approx. 3,000 units, affected by the Great East Japan Earthquake and the Thai flooding. The Ayutthaya plant, where the Brio is manufactured, shut off production from October 2011 to the end of March 2012.
 In September 2012, Honda announced its plan to introduce a Brio-based compact sedan into the Thai market later in the year. It plans to mount a 4-cylinder 1.2-liter engine with 90 hp, the same engine as the Brio. Details including the name and the retail price have not been disclosed yet.
Mitsubishi Motors  With approximately 16 billion baht investment, Mitsubishi built the third plant at an adjacent area of its first and second plants at Laemchabang, Chonburi province and started production of its global-strategy compact Eco-Car, the Mirage in March 2012. Its exports started in June to Southeast Asian countries and in July to Japan. Plans include further exports to Europe, Australia and North America. FY2012 production is expected to be 120,000 units. Mitsubishi plans to raise the annual output capacity at the third plant to 200,000 units by mid 2013.
Suzuki  In March 2012, Suzuki started producing the new Swift at its new plant in Rayong province. Although its original plan for the first fiscal year was to manufacture 15,000 units and sell 10,000 units in Thailand, Suzuki is receiving many orders and the sales are expected to exceed 30,000 units. The current production capacity of the plant is 35,000 units/year.
 It was reported in February 2012 that Suzuki would start manufacturing the A-Star, a low-priced small Eco-Car, at its Thai plant around 2014. While the model is currently produced in India, production should also start in Thailand after its full model change at the end of 2013. Along with introduction of the A-Star, Suzuki will raise the annual production volume at the Thai plant to approximately 100,000 units.
Toyota  Toyota plans to invest 16.9 billion yen to build a second plant at its Gateway Plant, Chachoengsao province and produce 70,000 vehicles/year including Eco-Cars from mid 2013.
VW  Although VW considered participating in the Eco-Car program, it is likely to have withdrawn from it according to media reports in March 2012.



Toyota to increase engine production capacity; Honda launched the Jazz Hybrid and Mazda released the Mazda3

Toyota to raise CBU production capacity to 760,000 units/year in mid 2013

 The combined Toyota vehicle production capacity of Toyota Motor Thailand Co., Ltd. (TMT) and Thai Auto Works Co., Ltd. (TAW) as of mid 2013 is expected to reach 760,000 units from current 670,000 units.
TMT * TMT increased the annual production capacity of the Gateway 1st passenger car plant to 220,000 units in May 2012 from 200,000 units.
* With 16.9 billion yen investment, it will build a Gateway 2nd Plant with an annual production capacity of 70,000 units and start operations in mid 2013.
* It raised the annual production capacity of the Ban Pho Plant, which produces the IMV for Asia and the Middle East, from 140,000 units to 220,000 units in September 2011.
TAW  TAW halted operations at the end of May 2010. It will reopen at the end of 2012 with upgraded facilities. It is expected to output approximately 20,000 units of the Hi-Ace, the commercial vehicle currently exported from Japan. The total investment is 2.9 billion yen.

Toyota to increase engine production capacity to 840,000 gasoline engines and 610,000 diesel engines per year

 At its Thai engine plant, Toyota plans to raise the annual production capacity of the ZR gasoline engines for the Corolla (1,600cc and 1,800cc) from 740,000 units to 840,000 units in early 2014, announced in February 2012. Plans include exports to Vietnam and Taiwan. With new forging, machining and assembly lines, additional 100,000 units will be fully manufactured in Thailand, while 740,000 units of the current capacity will still be assembled with parts from Japan. The investment will total 14 billion yen.
 Toyota will build a new building with new facilities to increase diesel engine production, announced in October 2012. It is expected that the current annual capacity of 320,000 diesel engines should be expanded to approximately 610,000 diesel engines, which will be mounted on the IMV series, the strategic models for emerging markets. Approximately 40 billion yen will be invested.


Nissan Thailand's new mid-term plan aims for 15% market share in FY2016

Nissan Motor (Thailand) Co., Ltd. announced in July 2011 its new mid-term business plan, "Power Up 2016," which aims to more than double its market share by FY2016 from 7.4% in FY2010. It will strengthen its competitive edge in terms of lineup with 10 new models. It also plans to power up the dealer network by increasing outlets from 160 in FY2010 to 210 in FY2013.

Nissan to build a new 200,000-units/year plant in 2014

 It was reported in October 2012 that Nissan should build a plant in Thailand to output vehicles including pickup trucks in 2014. Tens-of-billions-of-yen will be invested to build this Nissan's second plant in Thailand near its first one in Samutprakarn province in the suburb of Bangkok. The existing 220,000-units/year plant has been operated at its full capacity and its expansion has been long awaited. The new plant will start with 100,000 units/year, which will be gradually increased to the 200,000-unit/year level.

Nissan released the locally-produced mid-size sedan, Sylphy, in Thailand

 In August 2012, Nissan launched in Thailand the Sylphy sedan produced at the Bangna-Trad plant of Nissan Motor (Thailand) Co., Ltd. It is available with 1.6-liter/1.8-liter engines and a CVT/5-speed MT. Its retail prices range from 746,000 to 931,000 baht.


Honda resumed production at its flood-hit factory at the end of March 2012

 Since Oct. 4, 2011 Honda had completely halted operations at its Thai factory submerged by floodwaters. It invested 25 billion yen for restoration and resumed operations at the end of March 2012. Due to the shutdown, the production volume at the factory decreased by approximately 120,000 units, and the total output cut including those supposed to be produced worldwide with parts supplied from the Thai factory reached 260,000 units. The restored factory has been operated at its full capacity of 1,000 units daily and 240,000 units annually since early April.

Honda started production and sales of the Jazz Hybrid

 Honda announced in July 2012 that in Thailand it started production and sales of the Jazz Hybrid, a compact HV called the Fit Hybrid in Japan. Thailand has become the second country after the U.S., where Honda produces HVs overseas. In Thailand, only 10% excise tax is imposed on HVs, while for regular passenger cars, it is 30%. Therefore HVs are well expected to be popular. Honda aims to sell 10,000 units/year in Thailand and to export to Australia and New Zealand from there.


Mazda launched the all-new Mazda3

 Mazda introduced the all-new Mazda3, called the Axela in Japan, in Thailand in May 2012. The sedan is priced between 755,000 and 825,000 baht and the hatchback is priced at 869,000 baht. Although the 1,600 cc Mazda3 had been produced at a Ford plant in the Philippines to import to Thailand, it is now locally produced together with the 2,000 cc model at AutoAlliance (Thailand) Co., Ltd. (AAT), the Mazda-Ford joint venture plant. Mazda aims to boost its 2012 sales in Thailand to 60,000 units, the highest in its history, with this new Mazda3 and the partially remodeled Mazda2.



Ford produces the all-new Focus at the new facility; GM launched the Trailblazer SUV and the Sonic compact car

Ford opened its own 150,000-units/year passenger car plant and started producing the all-new Focus

 Ford built its own USD450 million passenger car plant in Rayong province and celebrated its opening in May 2012. The initial production capacity is 150,000 units/year. It started to manufacture the all-new Focus compact hatchback in June 2012. The plant is capable of producing six different models on a single line and Ford is expected to add other models gradually.
 The all-new Focus offers the 4-door sedan and the 5-door hatchback, with a 1.6/2.0-liter gasoline engine and a 6-speed AT/5-speed MT. Ford launched the model in Thailand in August and started to export it to the ASEAN countries and Australia. In Thailand, the sedan is priced between 759,000 and 1,069,000 baht and the hatchback is priced between 809,000 and 1,079,000 baht. Ford's global C platform underpins the model.


GM launched the Chevrolet Trailblazer SUV and the Sonic compact car

Trailblazer  In June 2012, GM commenced producing the all-new Chevrolet Trailblazer SUV at its Rayong plant and launched it in the Thai market. It is the medium size 7-seater body-on-frame SUV, fitted with the 2.5/2.8-liter Duramax turbo-diesel engine and a 5-speed MT/6-speed AT. The retail prices range from 1,059,000 to 1,489,000 baht. The Rayong plant is the world's fist plant to manufacture the all-new Trailblazer, which will be exported to over 50 markets including the ASEAN region.
Sonic  In July 2012, GM started producing the Chevrolet Sonic compact vehicle at the Rayong plant and launched it in the Thai market. Equipped with an E20-compatible 1.4-liter gasoline engine and a 5-speed MT/6-speed AT, the Sonic is aimed at young urbanites as a successor to the Aveo. The retail prices of the 4-door sedan range from 548,000 to 679,000 baht and those of the 5-door hatchback range from 601,000 to 687,000 baht.

GM opened 120,000-units/year diesel engine plant

 GM built a USD200 million diesel engine facility adjacent to its CBU plant in Rayong province and started operations in September 2011. It is capable of manufacturing 120,000 units/year. This is the company's first diesel engine plant in Southeast Asia and the first in the world to produce the newly developed Duramax 4-cylinder 2.5/2.8-liter diesel engines. The all-new Chevrolet Colorado pickups to be produced in Thailand will mount the engines.


Dongfeng Motor built 5,000-units/year plant and started LCV production

 Dongfeng Motor Corp. built a 5,000-units/year plant at Gateway Industrial Estate in Chachoengsao province in the vicinity of Bangkok. The OEM received a loan of 106.82 million baht (approximately USD3.2 million) from Kasikorn Bank for construction and started producing LCVs in February 2012. The sales in Thailand are predicted as 3,000 units in 2012, while it sold 2,000 units in 2011. Under the ASEAN Economic Community to be created by 2015, Dongfeng Motor plans to export the LCVs to the ASEAN countries including Laos, Cambodia, Myanmar and Malaysia.



One-ton pickup: Isuzu launched the D-MAX, developed in Thailand

Isuzu's pickup truck business: Development started in Thailand, the future production capacity expected to total 400,000 units.

 Isuzu is making efforts to shift from the Japan-based business organization to the global three-core organization with Japan, Indonesia and Thailand as core business footholds. Its Thai operation is positioned as the LCV foothold and has been responsible for development of small pickup trucks since April 2010. In October 2011, it has developed and released in Thailand the all-new version of the D-MAX, the most selling pickup truck there.
 Isuzu invested 18 billion yen to construct a new plant for pickup trucks and the derivatives at the site of its Gateway CV production facility. Operations started in October 2012 with an initial production capacity of 80,000 units/year. It also plans to increase the KD parts output capacity at the pickup truck-exclusive Samrong plant from 60,000 sets to 100,000 sets. Isuzu aims to raise its pickup truck production capacity in Thailand to 400,000 units, including 100,000 KD sets, in the future.


Ford/Mazda: Pickup truck capacity at AAT increased from 120,000 units/year to 140,000 units/year

 In April 2012, Mazda and Ford made additional USD27 million investment in their AutoAlliance Thailand (AAT) to add 20,000 units/year to the production capacity at its pickup truck plant. The new facilities started operations in May 2012 to meet growing demands worldwide for the Mazda BT-50 and the Ford Ranger, the new pickup trucks produced at AAT. With these additional 20,000 units, the pickup truck output capacity at AAT has increased to 140,000 units/year, or 195,000 units/year including CKD, and the current AAT production capacity including passenger cars totals 240,000 units.



Commercial Vehicles: Hino increases production capacity of medium-duty trucks, while Volvo Group expands truck business

Hino to manufacture 33,000 vehicles and 30,000 mid-size engines in FY 2015

 By FY2015 Hino Motors plans to increase vehicle production capacity especially in Thailand and Indonesia, where it also starts engine-machining operations, which had been carried out in Japan. The OEM intends to position the two countries as its core production footholds overseas. Hino's core production operation for medium-duty trucks in the ASEAN region is located in Thailand, where it will manufacture medium- and light-duty trucks and mid-size engines. By FY2015, it plans to boost the vehicle production capacity from 13,000 units in FY2011 to 33,000 units. In October 2011 it started manufacturing mid-size engines for the Hino 500 series (the Ranger). It is expected that Hino will produce 30,000 engines/year by FY2015 in Thailand.

Hino to establish truck development and parts procurement operations in Thailand

 Reported in February 2012, Hino Motors should build its truck development and parts procurement operations in Thailand as early as FY2012. As it has its major, medium-duty truck plant in Thailand and its major, light truck plant in Indonesia, development operations in Thailand should help careful responses to different needs of each country of the ASEAN, while reducing production costs. Approximately 100 employees should work at the development facility. Hino also has a plan to raise its local content ratio in Thailand from current 30% or so to 70% on average.


Volvo Group to invest four billion baht over 2012-14 to expand truck and bus business in Thailand

 Volvo Group announced in March 2012 that it plans to invest four billion baht in Thailand over the next two years. It plans to expand business there in expectation of high demand growth for heavy-duty trucks in the ASEAN region as a result of the ASEAN Economic Community scheme starting in 2015. First it will invest two billion baht to increase capacity at its existing plant to meet growing demands in Thailand and to export to other markets including Laos, Myanmar and Cambodia. It will invest another two billion baht to increase Volvo owned dealers from current six to 15 for better service in Thailand.
 As of October 2012, Volvo Group UD Trucks assembles KD parts, mainly imported from Japan, at Nissan Diesel (Thailand) Co., Ltd., owned by Tan Chong International. It has been reported that future production at a Volvo Group facility in Thailand is under consideration.



(Reference)New vehicle sales by brand in Thailand

New vehicle sales by brand in Thailand

2007 2008 2009 2010 2011 Jan.-Sep.
Toyota 282,088 262,209 230,315 325,670 289,439 216,404 380,751
Isuzu 151,033 133,390 110,969 152,787 132,194 105,144 150,003
Honda 58,525 90,807 93,409 114,056 83,952 60,879 106,444
Nissan 38,297 31,744 30,401 52,242 69,094 48,708 80,029
Mitsubishi 25,596 23,381 19,626 39,549 65,360 47,061 86,595
Mazda 15,012 11,178 13,241 35,143 41,980 27,863 52,170
Hino 8,064 7,157 6,923 9,861 10,138 6,974 12,083
Suzuki 2,210 7,251 2,460 5,486 9,688 5,994 14,794
Mitsubishi Fuso 2,318 1,536 1,240 790 642 462 1,263
UD Trucks 1,301 921 606 2,687 110 102 7
Subaru 88 157 138 97 136 111 79
Other Japanese brands 278 346 641
Japanese brand total 584,532 569,731 509,606 738,714 703,374 519,702 884,218
Hyundai 66 898 1,788 3,048 4,514 3,160 3,625
Kia 308 400 348 652 907 535 1,081
Daewoo 4 65 31 31 43 36 2
GM (Chevrolet) 22,794 22,204 15,111 20,026 31,595 21,026 52,943
Ford 15,126 9,093 7,632 13,636 29,200 20,514 38,099
M-Benz 4,234 4,234 4,117 5,039 3,901 3,097 4,640
Proton 3,279 2,939 5,530 5,197 4,400 2,849
BMW 1,473 1,876 2,356 3,016 3,053 2,438 4,109
Volvo 949 967 830 1,194 1,576 1,193 1,926
Tata 262 1,566 5,269 5,162 3,760 3,616
VW 317 356 455 798 728 494 489
Peugeot 87 126 120 75 144 109 126
Wuling 378 258 384 455 313 319
Others 1,361 1,401 1,714 2,945 4,232 3,180 2,535
thereof: 1t pickup
1t pickup ratio

Source: Toyota Motor Thailand


(Source: OEMs' press releases and various media reports)

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