Thailand clearly is the Automotive
Hub of ASEAN – a market comprising
some 600 Million people and
significant potential for growth.
2012 and 2013 were ‘Golden Years’
with 2.5 Million vehicles produced
and the country joining the Top 10
Automotive manufacturercountries
worldwide - In 2013 Thailand was
number 9. In 2014 we expect to
reach lower volumes - the official forecast as of October 2014
stands at 2.0 Million vehicles. Domestic sales have been
contracting since mid 2013 partly offset by a stronger export
market.