SAIC is making plans for a second assembly plant in Thailand before the first facility opens. The SAIC-Charoen Pokphand Group joint venture’s TB9 billion ($285 million) plant is due to start operations in February at the Hemaraj Eastern Seaboard Industrial Estate in Rayong, 110 miles (180 km) southwest of Bangkok. SAIC, China’s largest automaker, holds a 51% stake in SAIC Motor-CP, with CP owning 49%. First-year production at the plant will be about 2,000 units, growing ...
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