Foreign auto parts manufacturers grab Thailand

According to Thailand’s “World News” report on April 20, the head of the Thai automobile agency Mong Lo stated that foreign auto parts manufacturers have continued to conduct research on Thailand and considering investing in Thailand, the annual production of cars from Thailand has increased to 200 10,000 vehicles and become the main production base for the domestic market and global export market.

Wang Luo said that affected by the above factors, it may lead to a decrease in the market share of small and medium-sized enterprises (SMEs) that produce automobile parts and components in China. The competitiveness of domestic SMEs is limited, especially in terms of new technologies, and cannot be directly produced from automobiles. Introduced by the industry. To this end, Thai auto parts manufacturers must form alliances with foreign manufacturers to cooperate in the production of goods.

Thailand's spare parts production SME is less competitive, and the other factor is that the country has not developed a plan for the development of the operator in accordance with the development of the automobile industry, and many of the previously applied projects have not been approved. For the automotive parts test center investment projects, only about 1.2 billion baht of funds were approved for implementation during 2012-2014.

It is reported that there are currently about 100 Tier 1 auto parts manufacturers in China, while there are about 1,700 auto and motorcycle parts makers in the second-order and third-order synergies. Manufacturers must speed up adjustments to deal with this change.