16 January 2024
16 January 2024
Japanese OEMs are following the Chinese and stepping up plans for manufacturing BEVs in Thailand
Production of lorries and buses fell 37.5% due to the higher costs of new emissions controls that came into force in January last year and hiked retail prices, writes Fernando Calmon
News came as domestic rival Tata started building cars in a former Ford plant in Sanand after a year-long retool
The association expects domestic sales to rise by 10% to 1.1m vehicles in 2024 despite slowing economic growth
Affects 1,250 workers making the electric Fiat 500 and a further 1,000 producing Maseratis
China volume fell "due to the ongoing challenging economic situation in the region"
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