The Thai government is preparing to grant manufacturers of fuel-efficient vehicles a 2-year tariff reduction of as much as 90% on imported parts, in a bid to revive the country’s struggling automotive industry. Board of Investment Secretary General Atchaka Brimble says the tax cuts would apply to parts that are not produced locally, the Bangkok Post reports. The government wants to make Thailand a major production base for environmentally friendly compact vehicles it calls eco-cars. ...
Premium Content (PAID Subscription Required)
"Thailand to Give Eco-Car Makers Break on Imported Parts" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.