|Posted by Debotosh Batacharrya on April 11, 2013 at 8:35 AM|
Thailand is the center of the Southeast Asian car industry and the fifth biggest vehicle producer in Asia. The country manufactured 2.48 million cars in 2012, up from 100,000 in 1997, for the brands Ford, Toyota, Chevrolet, Honda, Isuzu, Nissan and Mitsubishi.
The car sector in the Kingdom is growing at a rapid rate, and due to cost and quality advantages will very likely continue to do so for the next decade. In fact, by 2025 Thailand may well be one of the largest auto manufacturers in the world, and that will see Thailand post strong economic numbers for many years to come. In Thailand, the automotive industry has become a crucial part of the economy and its importance extends far beyond the production of motor vehicles.
Among other things, it has a big impact on employment and tax income and will also drive innovation and investment in the future as more of the auto sector fringe businesses move to Thailand to access the growing sector. Major car companies have a base in Bangkok, and the Ford Motor Company has even established its ASEAN regional headquarters in the city in 2003, from where it manages the production, distribution, sales and servicing for the entire region.
The annual Bangkok International Motor Show is a major draw for people and media from across ASEAN and beyond. The 2013 fair, being held from March 27 to April 7, expects to break the 2 million visitor record after 1.95 million came in 2012. Car premieres include the new Toyota Vios, the new Nissan Pulsar, the Mazda CX-5, the Ford EcoSport and the new Honda Accord.
Added below are few impressions: