Saturday, March 19, 2011

THE NATION: Thai carmakers face higher cost

Carmakers in Thailand are likely to face increasing costs in the short term if Japanese auto parts and specialised steel manufacturers cannot export their products following the tsunami disaster.

This would force Thai companies to import from other sources, which could cost them more.
Suparat Sirisuwannangkura, head of the Automotive Industry Club under the Federation of Thai Industries (FTI), yesterday said carmakers and auto-parts suppliers operating in Thailand normally had inventories to last one to two weeks.

Click here for full article.