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Dec 2, 2005

Markets - Thailand: Japan’s Backyard

Detroit,Mich,USA -Detroit News/Autos Insider, by Michael J. Dunne -Dec 01, 2005: -- While China and India steal the headlines, Thailand's automotive industry makes quiet, remarkable progress... Vehicle production will top 1 million units this week. The industry expects total output to reach 1.15 million cars and trucks for the year... Exports will surpass 450,000 units, making Thailand the seventh largest vehicle exporter in the world. Mazda, Ford, GM, Mitsubishi, Toyota and Isuzu ship cars and trucks to 106 countries from factories here... It is one thing to fight for survival in Thailand, a country 12 times zone away from Detroit. But what are the bigger implications for competition back home, where America seems on the path to becoming Japan"s next backyard?...

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