Friday, February 22, 2013

General Motors Indonesia's new Spin

General Motors Indonesia has completed its US$150m refurbishment of its car plant in Bekasi, a satellite city east of the country’s capital Jakarta.

The plant, with a 550-strong workforce, is set to begin commercial production of the Spin seven-seater compact MPV for sale locally and for export to other markets in the ASEAN region. A further 250 workers will be added by year-end.

The Spin is based on the similarly-named model produced by GM in Brazil but will get a smaller 1.5-litre engine instead of the 1.8 engine fitted to the Brazilian model. It will also have locally-made components, including some trim parts.

The plant will have the capacity to produce 40,000 vehicles a year once a second shift is introduced. The company expects sales to increase significantly in Indonesia with the new model from last year’s 5,643 units.

Thursday, February 21, 2013

Thai Car Exports up in January

Bangkok Post reports:

A total of 86,697 vehicles were exported in January, up 61.78% on January 2012, and an increase of 0.46% on December 2012, Surapong Paisitpatanapong, spokesman for the Automotive Industry Club, said on Thursday.

The export value for the month stood at 39.48 billion baht, up 58.86% on January 2012, said Mr Surapong.

Domestic car sales over the month totalled 125,817 units, an increase of 63.36% on January 2012, but down 13.04% on December 2012.

Car output in January stood at 236,025 units, up 67.95% on January 2012, and an increase of 6.63% on December 2012.

Mr Surapong projected car output from February to April would stand at 664,756 units, down 6.89% on the 713,959 units actual output from November 2012 to January 2013, but up 31.89% on 504,006 units actual output from February-April 2012.

Vehicle output for 2013 is projected at 2.55 million units, up 3.92% year-on-year, he said.

Of this total, 1.1 million vehicles, or 43.14%, would be for export and the remainder 1.45 million, or 56.85%, would be for domestic sale.

Thursday, February 7, 2013

Chevrolet Thailand Sales January 2013

Chevrolet sells 6,039 vehicles in Thailand in January 2013, 59% more compared to the same month in 2012.

Wednesday, February 6, 2013

Honda Thailand to build new plant in Prachinburi

Via Bangkok Post:

Honda Automobile (Thailand) will invest more than 20 billion baht to build a new assembly plant and expand its existing facility to tap strong domestic demand and exports.

About 17.2 billion baht will be used to build the assembly and engine plant in Prachin Buri province.

The factory, to be located in Rojana Industrial Park, will have an annual production capacity of 120,000 cars. Construction will start in July, with operations due to launch in 2015.

Company president Hiroshi Kobayashi said the factory will produce mainly small and subcompact vehicles in response to growing global demand.

"Honda plans to make the new assembly plant the company's most advanced manufacturing facility in Asia and Oceania," he said.

"It will follow the advanced manufacturing innovations now being introduced at Honda's new Yorii assembly plant in Japan. They include shorter and greener production processes for welding, painting and assembling automobiles that offer the highest levels of efficiency."

The new plant will also mark the next level of advancement with reduced carbon dioxide emissions and the use of recycled water in all production processes, he said.

"As we envision continuous growth of the subcompact car market in Thailand and more exports to countries in Asean, Oceania, the Middle East, Africa, the Caribbean and other countries, Honda will increase its production capacity while also enhancing its product line-up," said Mr Kobayashi.

The new factory will initially employ about 2,500 workers.

The Thai unit of Japan's third-largest car maker will also spend 2.03 billion baht to increase its Ayutthaya plant's annual production capacity to 300,000 units by early next year.

Honda recently spent 880 million baht in the first phase of the plant's expansion.

Its annual production capacity had increased to 280,000 units as of the end of last month from 240,000 before.

The second phase of the expansion will start in April.

The Ayutthaya plant's expansion, combined with the capacity of the new Prachin Buri plant, will increase Honda's annual production capacity in Thailand to 420,000 vehicles in 2015.

Pitak Pruittisarikorn, an executive vice-president, said Honda will launch at least 10 models this year, equal to last year.

Honda has set a sales target for Thailand this year of 200,000 vehicles, up by 16.8% from 171,208 last year.

Sunday, February 3, 2013

Office cost in Asia

Bangkok is the lowest cost option for setting up offices in Asia Pacific…