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Thailand: Resuming plan to be an EV hub in ASEAN region after COVID-19 pandemic
tarted in September 2018.) Source: OEMs’ websites, press releases, and media reports (LMC Automotive, August 2020) Light vehicle production in Thailand in the first four months of 2020 fell by 32.9% compared to the same period last year. Output in April crashed by 84% as Toyota, Isuzu, Honda, Nissan, Mitsubishi, Mazda and Ford suspended all manufacturing activity from the end of March to late May in response to the COVID-19 ou...
Market & Tech Reports Updated at: 2020/10/02
Thai government approves nine OEMs’ investment projects for electrified vehicles
9.0%. Japanese OEMs currently dominate the Thai market with a nearly 90% share. Toyota, the market leader, used to have a 37.0% share in 2014 but lost its share gradually. In 2018, however, Toyota’s share expanded again to 30.2% with increased sales of the Yaris eco-car and Hilux pickup truck. Isuzu, which ranks second in the Thai market, secured a 17.1% share, a slight drop from the previous year, although sales of the D-Max pickup truck ar...
Market & Tech Reports Updated at: 2019/07/08
Thai vehicle production expected to grow to 2 million units in 2018
ially be affected by Vietnam and U.S. trade policies Thai sales of passenger cars grow 23.7%; pickup trucks rise 7.7% Thai government approves investment incentives for HV, PHV, and EV production SAIC Motor-CP builds a new plant; Subaru to start local production in 2019 Recent activities of Toyota, Isuzu, Honda, Mitsubishi, Nissan, Mazda, and Suzuki Recent activities of Ford, GM and SAIC Motor-CP (Appendix) Major OEMs Vehicle Assembly Plants in T...
Market & Tech Reports Updated at: 2018/04/16
India (Part 2): OEMs plan to launch models with strong local potential
a In March 2013, Isuzu signed a memorandum of understanding with the government of Andhra Pradesh state located in southern India regarding production of vehicles in that area. The company has already acquired land for building a new plant which will be the main base to produce LCVs. According to Isuzu, demand for pickup trucks in India has grown to 200,000 units a year. The new plant is slated for starting production in the spring of 2016 ...
Market & Tech Reports Updated at: 2014/10/31
Isuzu: New Thai R&D center develops trucks for emerging markets
ly JPY 200 million and plans to produce 2,000 units in 2014 and 2,500 to 3,000 units in 2015. Isuzu expects that construction industries and self-employed businesses will buy the D-MAX. In November 2011, Isuzu Motors announced its Mid-term Business Plan (April 2011 to March 2014). According to Isuzu, all current plans are in line with the mid-term plans as summarized below. Isuzu Motors' mid-term business plan in summary (announced Novemb...
Market & Tech Reports Updated at: 2014/07/18