New Toyota plant to open this year

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New Toyota plant to open this year

Chachoengsao facility at Gateway 2 expands

Published: 22 Jan 2013 at 00.00
Newspaper section: Business

Toyota, Thailand's biggest car maker, plans to invest 12 billion baht in a new factory at Gateway 2 in Chachoengsao, touting a new eco-car as the first model.

Domestic demand for new cars will moderate as the government’s first-time buyer scheme ends, according to Mr Tanada. SOMCHAI POOMLARD

The plant will be fully operational by the third quarter of 2013 and have an annual capacity of 300,000 units a year, said Kyoichi Tanada, president of Toyota Motor Thailand.

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moody
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Discussion 1 : 29 Jan 2013 at 05.461
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With a combined output of nearly 800,000 units per year, the government should have no fear that Toyota will close any ot its factories. Lower import tax for the benefit of consumers.
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New Toyota plant to open this year | Bangkok Post: auto