Honda to build new car factory in Thailand

Honda to build new factory in Thailand

Published: 6 Feb 2013 at 16.38
Online news: News

Honda Motor Co, Japan's third-largest car-maker, announced it will build another factory in Thailand after 2012 domestic sales set a new record there.

Models present Honda cars at the 29th Thailand Motor Expo. (Photo by Surapol Promsaka na Sakolnakorn)

The Tokyo-based car-maker will invest about 44.6 billion yen (US$476 million) in a new factory with a planned annual production capacity of 120,000 units, the company said in a statement on Wednesday.

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drsmith
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Discussion 6 : 06 Feb 2013 at 19.236
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More Thai's will be enslaved to low paying, long hour-ed factory jobs the rest of their lives for the Japanese. It is easy for the politicians to sell out to foreign companies that come to Thailand for cheap slave labor? I would be embarrassed if I were a Thai to have to spend the rest of my life working for slave wages in a Japanese factory. The workers should wise up and ask Honda HOW MUCH the Japanese workers in Japan get paid for doing the same exact job? It is because Thai people are too uneducated to understand when they are taken advantage of. Part of the govt plan to keep people uneducated and dumb so their labor can be sold to Japan
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ricardofel
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Discussion 5 : 06 Feb 2013 at 19.145
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The 100,000 baht car scheme was to keep the auto manufacturers from leaving Thailand after the devastating flooding.
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mibaaa
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Discussion 4 : 06 Feb 2013 at 18.344
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That means we have to continua paying 5 times higher price for a VW or Renault,BMW etc..Thai government says they protecting Thai car industry,in real they fill their own pockets and filling the pockets of Asian car makers,wish WTO would have a look on this
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jwatch
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Discussion 3 : 06 Feb 2013 at 18.333
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They should let the price of gasoline float freely
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bkposter
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Discussion 2 : 06 Feb 2013 at 17.422
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The plus side for the car tax rebate for first time buyers is that it stimulates the economy and creates jobs, the minus side is there is no roads to drive the cars on. So the plan has been a dubious success at best and a future traffic jam at worst. The problem is that the car tax has not been going in to roads, it is has been going in to pockets.
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dao
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Discussion 1 : 06 Feb 2013 at 17.041
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I wonder if the car scheme was a pay back to the car industry ?
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Honda to build new car factory in Thailand | Bangkok Post: business

Honda to build new factory in Thailand

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