ID :
212553
Thu, 10/13/2011 - 10:25
Auther :
Shortlink :
http://m.oananews.org//node/212553
The shortlink copeid
Car production bases to remain in Thailand despite floods
BANGKOK, October 13 (TNA) - Despite the present flooding, car makers will not move their production bases from Thailand but will suspend their production due to the shortage of auto parts.
Piangjai Kaewsuwan, president of the Thai Automotive Industry Association, said on Thursday although industrial estates in Ayutthaya province were flooded and automobile and auto parts manufacturers were affected, the flooding should not prompt car-making companies to move their production bases from Thailand because it was a temporary natural disaster.
Piangjai however, said she expects the supply of auto parts to drop by 10-20 percent.
She added that the Thai automotive industry should take at least three months to recover, saying the actual automobile production should reach at least 1.5 million units this year instead of the annual production target of 1.8 million vehicles.
Toyota, Ford, Nissan and Isuzu companies have so far suspended their production for two days to assess their situations, saying they may source auto parts from China and India instead.
Meanwhile, Anuparp Tadpitakkul, state affairs director of Ford Operations (Thailand) Co, said the company suspended its production for two days to examine its stocks of parts as seven part plants were affected.
However, he said he does not think the flooding will have an impact on the long-term investment of the company in Thailand. (TNA)
Piangjai Kaewsuwan, president of the Thai Automotive Industry Association, said on Thursday although industrial estates in Ayutthaya province were flooded and automobile and auto parts manufacturers were affected, the flooding should not prompt car-making companies to move their production bases from Thailand because it was a temporary natural disaster.
Piangjai however, said she expects the supply of auto parts to drop by 10-20 percent.
She added that the Thai automotive industry should take at least three months to recover, saying the actual automobile production should reach at least 1.5 million units this year instead of the annual production target of 1.8 million vehicles.
Toyota, Ford, Nissan and Isuzu companies have so far suspended their production for two days to assess their situations, saying they may source auto parts from China and India instead.
Meanwhile, Anuparp Tadpitakkul, state affairs director of Ford Operations (Thailand) Co, said the company suspended its production for two days to examine its stocks of parts as seven part plants were affected.
However, he said he does not think the flooding will have an impact on the long-term investment of the company in Thailand. (TNA)
