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Search resuls for: "Isuzu Motors"


4 mentions found


☆ Thailand still bullish on Chinese investments as new PM heads to Beijing
  + stars: | 2023-10-17 | by ( Devjyot Ghoshal Orathai Sriring | Devjyot Ghoshal | Orathai Sriring | ) www.reuters.com   time to read: +4 min
[1/2] Thailand's Prime Minister Srettha Thavisin arrives at Beijing Capital International Airport to attend the Third Belt and Road Forum in Beijing, China, October 16, 2023. "And if you look at the month-by-month statistics, Chinese investments are still increasing," he told Reuters. "So I see that in the next two or three years, Chinese investments will still increase drastically in Thailand." But a large proportion of the 228 Chinese investments proposals this year have come in the electronics sector, according to the BOI. Chinese investments will likely continue for the next two years, Jareeporn said.
Persons: Srettha Thavisin, Tingshu Wang, General Narit Therdsteerasukdi, Srettha, Xiaomi Corp's, Alain Lam, Narit, Jareeporn Jarukornsakul, Jareeporn, Chayut, Shri Navaratnam Organizations: Thailand's, Beijing Capital International Airport, Forum, REUTERS, Rights, of Investment, Investment, Reuters, Thai, Initiative, HK, Toyota, Isuzu Motors, WHA, Thomson Locations: Beijing, China, Rights BANGKOK, Thailand, Singapore, Southeast Asia's, Thailand's, Thai
☆ Japan's Isuzu says it is not planning to relocate factory from Thailand to Indonesia
  + stars: | 2023-06-08 | by ( ) www.reuters.com   time to read: +1 min
TOKYO, June 8 (Reuters) - Japanese truck maker Isuzu Motors (7202.T) on Thursday said it was not planning to move a factory from Thailand to Indonesia, a day after the Indonesian industry minister said the company would do so. "While our company continues to focus on Indonesia as a major market, there are no plans to relocate a Thai factory to Indonesia," an Isuzu spokesperson said. Indonesian Industry Minister Agus Gumiwang Kartasasmita had said on Wednesday that Isuzu planned to move the factory and could start production as early as next year. A ministry spokesperson on Thursday did not immediately respond to a request for comment on the denial from Isuzu, which already has a factory in Karawang, Indonesia. Shares of some Thai auto parts companies sold off on Thursday after reports of the comment from the Indonesian industry minister.
Persons: Agus Gumiwang Kartasasmita, Daniel Leussink, Stefanno Sulaiman, Gerry Doyle Organizations: Isuzu Motors, Isuzu, Indonesian Industry, Thomson Locations: TOKYO, Thailand, Indonesia, Thai, Karawang, Tokyo, Jakarta
☆ China's Geely in early talks to enter Thailand EV market -sources
  + stars: | 2023-05-31 | by ( Devjyot Ghoshal | Thomson Reuters | Devjyot Reports On Southeast Asia | ) www.reuters.com   time to read: +3 min
[1/2] The logo of Chinese carmaker Geely Auto is pictured at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. Thailand's Board of Investment held discussions with five major Chinese EV makers including Geely during a roadshow to China in April, its Secretary-General Narit Therdsteerasukdi said. "All expressed keen interest in Thailand's policy to develop a regional EV production base and an integrated EV supply chain," Narit said, without providing more details of the talks with Geely. BYD and China's Great Wall Motor Co Ltd (601633.SS) are already working on building local EV production in Thailand. China's Great Wall Motor has said it is considering a research and development centre in Thailand that could work on battery-powered pickup trucks.
Persons: Aly Song BANGKOK, Geely, Narit Therdsteerasukdi, JAC Motors, Narit, Aston Martin, China's, Devjyot Ghoshal, Zhang Yan, Jamie Freed Organizations: Shanghai, REUTERS, Reuters, of Investment, BYD Co, Chongqing Changan Automobile Co, Jiangling Motors Corp Ltd, EV, Wall Motor Co, Volvo, Aston, Malaysian carmaker Proton, Toyota Motor Corp, Isuzu Motors, Thomson Locations: Shanghai, China, Thailand, Chongqing, Geely, Swedish, Southeast Asia
☆ China's Great Wall Motor plans EV battery assembly, research in Thailand
  + stars: | 2023-05-30 | by ( Devjyot Ghoshal | Thomson Reuters | Devjyot Reports On Southeast Asia | ) www.reuters.com   time to read: +3 min
The Hebei-based company is also considering establishing a research and development centre in Thailand that could work on battery powered pickup trucks, Narong Sritalayon, managing director of Great Wall Motor Thailand said in an interview. "I think there is a lot of things we can learn from Thailand's unique market for pickup trucks," Narong said. Great Wall launched its Ora Good Cat compact EV in Thailand in late 2021. Great Wall entered Thailand in 2020 after taking over a former General Motors Co (GM.N) plant that currently makes two of its Haval hybrid vehicles for sale in the country. But the facility could be upgraded for battery cell production with additional investment depending on demand and Thai government support, Great Wall added.
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