BANGKOK, 3 June 2011 – Vehicle production in 2011 is anticipated to stand at 1.65 million units as some Japanese- automobile manufacturers in Thailand have resumed their production process, according to the Thailand Automotive Institute.
Thailand Automotive Institute Director Wanlop Tiasiri said three giant automobile manufacturers in Thailand, namely Toyota, Honda and Isuzu, will resume production at full capacity in July after they got serious effects from the earthquake and tsunami in Japan.
Mr Wanlop elaborated that Toyota Motors and Isuzu have resumed their production process since 23 May and 1 June respectively while Honda Motors is scheduled to restart in July. He noted that the three car manufacturers together acquire up to 80% of the market share in the kingdom.
The director hence estimated that a total of 1.65 million cars would be manufactured within this year, reducing by 10% from the original target of 1.8 million cars; nonetheless, vehicle delivery to customers will be delayed by one to three months.
Mr Wanlop added that the number of vehicles to be produced for sale in the country this year is expected to stand at 850,000 units.