THAILAND: Mercedes plans capacity increase and more dealers
Mercedes-Benz (Thailand) will spend THB200m (US$6.7m) this year to raise production capacity in Thailand and THB1bn (US$33.5m) to add five more dealer and service centres nationwide.
The investment will increase production capacity at its Thonburi assembly plant in Samut Prakan, by up to 3,000 units a year from the current 16,000.
Mercedes-Benz expects rising demand in Thailand for premium cars from both the middle- and high-income segments, as economic growth is projected to continue at 5% this year.
President and CEO Alexander Paufler, said: "We have to prepare our capacity for on-shelf products, adopt new technology to meet every segment's demands and strengthen our networks."
The carmaker currenty operates 29 dealers and service centres. The first new centre this year will be introduced in Nakhon Ratchasima at the end of April, with the next one planned for Hua Hin.
Others are slated for Greater Bangkok.
Mercedes-Benz sales in Thailand increased 34% to a record of 6,274 in 2012 and is targeting 10% sales growth this year, with at least six new models scheduled to be introduced.
The row over air conditioning refrigerant between the French government and Daimler's Mercedes-Benz Cars has kept one of our number rather busy this week....
The media days for the 2013 Frankfurt Internationale Automobil-Ausstellung (IAA) are 10 & 11 September. Each of the following vehicles is a world premiere at the show....
France is reiterating certain Mercedes models featuring its controversial r134a refrigerant, will continue to be banned as long as the German automaker insists on using the air-conditioning chemical....
Mercedes-Benz is expressing bewilderment why France continues to impose its blanket certification ban on its A, B, CLA and SL models, despite other brands in its range using the same controversial ref...
The long awaited free trade agreement between Colombia and Europe will start on 1 August with the first group of measures....
- ANALYSIS: VW's self-defeating defeat devices
- CEO says Citroen wants to be quirky again
- Volvo's engine and platform independence progress
- Advanced tech previews from OEMs - PLDB
- Indian summer for SsangYong - ANALYSIS
- Jaguar Land Rover expands engine plant capacity
- VW Group reins in capital spending
- Takata manipulated test results back to 2000
- Bosch investigated for role in VW scandal
- Prosecutors eye VW workers for emissions tax evade
- Global light vehicle instrumentation and cockpits market- forecasts to 2030
- Global light vehicle OE shock absorbers market- forecasts to 2030
- Global light vehicle electronic braking market- forecasts to 2030
- Global light vehicle OE mirrors market- forecasts to 2030
- Global light vehicle roof systems market- forecasts to 2030