Isuzu Motors Ltd. will spend 10 billion yen ($US94.23 million) by 2007 to boost its output capacity of pickup trucks in Thailand to keep pace with brisk sales, Reuters reported.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Isuzu, the most popular pickup brand in Thailand, will initially spend 4 billion yen to expand capacity, including for related parts such as engines and transmissions, the report said.
By 2007, its output capacity in Thailand would rise 76% to 300,000 units a year, with 50,000 slated for export, Reuters added.
Isuzu sold 150,000 vehicles in Thailand, mostly in the pickup segment, the news agency noted.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
