Mitsubishi targets exports amid slide in Thailand sales

By Barry Main | September 26, 2014

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Mitsubishi-Triton

Japanese automaker Mitsubishi has targeted an 8-per cent increase in exports this year in response to a declining domestic market.

Auto sales during the first seven months of the year has plunged by over 39 per cent to 486,000 units, and total sales this year could end up at 900,000-920,000 units, Masahiko Ueki, president of Mitsubishi Motors (Thailand) Co Ltd (MMTh), said.

“However, MMTh believes that sales volume of the car industry will improve during the final quarter of this year as the Office of the National Economic and Social Development Board forecasts the Thai economy will grow by 1.5 to 2 per cent. This recession will be solved in the last half of the year, as the government has resumed its budget disbursements and consumer and business confidence in the economy is reviving,” he said, adding that Mitsubishi has a target of 9 per cent market share for the 2014 fiscal year (April 2014-March 2015).
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Captiva captivates

By Barry Main | September 26, 2014

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chevrolet-captiva-thailand

The Nation’s Kingsley Wijayasinha takes Chevrolet’s upgraded SUV on a 1,500km test-drive and comes away happy with its performance and ride quality
The Chevrolet Captiva has been gracing Thai streets for many years, going on to become a bestseller for the American brand, with more than 35,000 sold in the country.
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FIA grade 1 Circuit BRIC Buriram International approved

By Barry Main | September 25, 2014

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bric-fia-grade-1-license-buriram-international-raceway

ครั้งแรกในประวัติศาสตร์ของชาวไทย ช้าง อินเตอร์เนชั่นแนล เซอร์กิต เป็น FIA เกรด 1 พร้อมจัด F1 แล้ว

“วันนี้ FIA หรือ สหพันธ์ยานยนต์นานาชาติ ได้ให้การรับรองสนามช้าง อินเตอร์เนชั่นแนล เซอร์กิต เป็นสนามFIA เกรด 1 อย่างเป็นทางการแล้ว ต่อจากนี้ไป เวลาพูดว่าประเทศไทยจะจัดแข่ง F1 จะไม่ใช่เรื่องเพ้อฝันอีกต่อไป เพราะเรามีสนามแข่งF1 แล้ว อยู่ที่จังหวัดบุรีรัมย์”

นายเนวิน ชิดชอบ ประธานที่ปรึกษาบริษัทบุรีรัมย์ ยูไนเต็ด อินเตอร์เนชั่นแนล เซอร์กิต จำกัด ผู้ริเริ่มโครงการสร้างสนามแข่งรถมาตรฐานสูงสุดของโลกในประเทศไทย กล่าว
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Japan asks Thailand for higher steel import quota

By Barry Main | September 25, 2014

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steel-thailand-japan

BANGKOK, Sept 25 — Japan said it wants Thailand to increase the quota of steel imports with tariff discounts to feed its offshore automobile production.

Hisamichi Koga, president of the Japanese Chamber of Commerce (JCC) in Bangkok, and Masayasu Hosumi, president of Japan External Trade Organization (JETRO) in Bangkok, asked Thai Industry Minister Chakramon Phasukavanich to increase the quota for Japanese steel imports to support automotive production that is expected to rise 25 per cent from 2 million units this year to 2.5 million next year.
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Super GT race all set to blast down Buriram circuit

By Barry Main | September 19, 2014

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newin-super-gt-bric-buriram-international-raceway

High-tech Bt2-billion Chang International Circuit will also host Asian Le Mans, Touring Car Series and Asia Road Racing motorcycle event this year
Thailand’s latest motor racing track, the Chang International Circuit (CIC) in Buriram, will host its first event early next month and will be flagging down a number of other major races in the near future.
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New BMWs hit the road

By Barry Main | September 19, 2014

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BMW has added new models to its line-up in Thailand.
The X4 xDrive20d M Sport and the 420i Gran Coupe M Sport, priced at Bt4.999 million and Bt3.999 million, respectively, were introduced during the BMW Xpo 2014 held last week.
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Volkswagen Microbus 2015 Price and Release Date

By Barry Main | September 19, 2014

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2014-Volkswagen-Microbus

Volkswagen Microbus 2015 is ready to show its new model of microbus until the last 10 years ago VW shows off microbus segment. This car will be built in Europe and would become the competitor of Honda Adyddey, Nissan Quest, and also Toyota Sienna. The final motivation for this New VW Microbus is to maximize the investment in the group MQB “matrix” platform.
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Loxley JV with Japan firm for fast car-repair franchise

By Barry Main | September 18, 2014

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LOXLEY WILL sign a joint-venture agreement by the end of this month with Car Conveni Club, a Japanese automobile-repair company, to launch a franchise network in Thailand, said a senior executive.

Suraphand Bhasitnirandr, Loxley senior vice president and a member of its board, said the Thai conglomerate would hold 51 per cent of the joint venture, while Car Conveni would have 40 per cent and KP Group, a major automotive concern in Laos, would hold the rest.

The joint venture sets its sights on modernising the Thai auto-repair business with Car Conveni’s unique business proposition of providing same-day service for minor jobs.

“Small fixes, fast fixes, are what Car Conveni offers at its 800 branches throughout Japan,” he said.
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Trends in China’s Automotive Component Manufacturing Industry

By Barry Main | September 17, 2014

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China’s automotive components sector is set to achieve annual growth of 20 per cent for the next five years driven by demand for new cars and a growing secondary market. The aftermarket segment will become the main outlet for automotive parts as the average age of vehicles on the road continues to rise and the current total car population has already surpassed 100 million. The counterfeit auto parts market, already the world’s largest with a current value of about US$40bn, will only increase as the overall market grows.

Download Report…

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AFG Networking Event – Friday 26th September 2014

By Barry Main | September 4, 2014

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The AFG will be holding its September Networking event on Friday 26th September
The Venue will be at Pullman Hotel – North Pattaya.

Speaker for the event will be Khun Chaiyant Savanachai
Has a Bachelor Degree in Engineering from King’s Mongkut Ladkrabang,
Master of Art in International Economics from Temple University Japan.
PhD in International Organization Management from the American University of London.
Along with Expertise in Manufacturing Strategy and Operations.

Currently working at Thai Steel Cable Public Company Limited as the Deputy Managing Director.

Event details
5.30pm to 6.00pm – Registration

6.00pm to 6.45pm Presentation from Speaker – Khun Chaiyant

6.45pm to 9.00pm Networking at the Sunset Lounge Food , Beer & Wine will be be served

Entrance Fee – 600 Bht for Members , 850 Bht for Non-Members

To register for the AFG Networking event, please reply to
frank.holzer@automotivefocusgroup.com
or call me on 0890927104
Please respond if you also are NOT attending , to reduce the need for follow up emails.

For those that have not paid their 2014 memberships or would like to join the AFG
Individual Membership 1500 Bht
Corporate Membership 4000 Bht
Payment can be made by Bank Transfer or cash at the AFG event

Look forward to seeing you all on Friday 26th September 2014,

Regards

Frank Holzer
President AFG

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