Automotive market in Thailand: industry overview

Thailand automotive market: the "Detroit of Asia"?$file/Industry_Automotive_market_in_Thailand.pdf
Despite recent economic challenges around the world, Thailand’s burgeoning economy has not lost momentum and the automotive industry continues to grow. In the last decade, a dramatic increase in passenger car and commercial vehicle production has contributed substantially to the country’s gross domestic product (GDP) — making automotive the third largest industry in Thailand.

Simpler regulation and stronger protection of property and investor rights have enticed major global industry vehicle manufacturers and suppliers to set up production facilities in the market. The improved ease of doing business in Thailand has moved the nation up in rank from 18th in 2008 to 13th in 2009 out of 181 economies surveyed in the “World Bank’s Doing Business Report 2009.”

The Ernst & Young Global Automotive Center has released a report that examines Thailand’s automotive industry and provides a synopsis of the country’s latest market developments and automotive statistics.

To learn more about this growing market, please see our report, Automotive market in Thailand: industry overview.

Ernst & Young’s automotive professionals would be pleased to share with you our detailed experience in the automotive industry in Thailand, and how we can help enhance your business in other emerging markets around the world. If you would like to speak with one of our Global Automotive Center professionals, please visit our website.


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