Thailand, the Detroit of Asia
Thailand, where many of our Mitsubishis will soon come from as soon as the Japanese car manufacturer has left Limburg. It's a logical step.
Car production will stagnate for another week
Toyota and Honda have extended their production halts into next week due to a shortage of parts from manufacturers in flooded industrial sites. Honda's motorcycle factory on Lat Krabang Industrial Estate closed on Wednesday to take measures against flooding. On Monday, the company will decide whether to extend the stop. Japan's Chamber of Commerce (JCC) in Bangkok is urging the government to end …
The first car scheme is under fire from three sides
The scheme for first car buyers, promised by Pheu Thai during the election campaign and which will be in effect from Friday until the end of next year, has been heavily criticized by three sides. Finance companies fear that the number of defaulters will increase. The automotive industry is concerned that the price difference between a conventional and an eco car is narrowing. And a trade war threatens with neighboring countries because imported cars are not eligible for the scheme. Financing problems The finance companies have proposed…
