Thailand’s Automotive Industry Recovers and Prepares for Export Growth

Thailand's Automotive Industry Recovers and Prepares for Export Growth

Thailand is the ASEAN Automotive Hub, with the largest vehicle assembly capacity and high-quality parts manufacturing capability from any country in the region.

Rebounding from last year’s flood crisis, Thailand’s automotive industry which was devastated including parts and accessories saw potential growth in the export market through increased production and innovation.

Manufacturers such as Honda, Toyota and Chevrolet have been fast in their recovery, which ultimately increased investment and demand from the global economy.

Innovation and New Product Development

As there has been speedy growth, new products are being launched by car-makers with attention towards Eco-friendly or hybrid cars in support of Thailand to be an Eco-car production powerhouse. The top 5 companies taking part in this initiative are Honda, Toyota, Suzuki, Nissan and Mitsubishi.

Current popular hybrid or Eco-cars are:

• Nissan March

• Honda Brio

• Suzuki Swift

• New Honda Jazz hybrid

Also recently this year, Mitsubishi launched its first and new global compact car – Mirage with exports to Japan in July this year and then to the ASEAN, European and other markets respectively.

Auto parts

There are around 1,800 automotive parts suppliers in Thailand, of which around 700 are available as OEMs.

For exports, the auto parts industry is rather complicated and difficult. Many automotive manufacturers in Thailand already have exclusive contracts with their customers and cannot produce for their competitors also. Also small manufacturers cannot cope with large and specialized orders.

However, the Thai Department of Trade, just this year hosted the Thailand Auto Parts & Accessories 2012 (TAPA 2012) trade fair featuring auto parts & components (OEM/REM), auto accessories, petroleum /lubricants/maintenance products, tools & machines and even vehicles focused on promoting items to buyers and importers from around the world.

Some of the major products and services that were on displays included:

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Latest in the Automotive Industry News

Latest in the Automotive Industry News

The latest in automotive industry news is that Nissan has big plans. Just when the Indian car market is sparked to heat up, one of the major car manufacturers in the world, Nissan, has made some big plans. Nissan Motor India Pvt. Lts. has opened a new corporate office. The location is T. Nagar, Chennal. The person at the helm of leadership will be Kiminobu Tokuyama. Also present at the inaugural were representatives of the Nissan partnership, Renault Nissan Automotive India Private.

Nissan has big plans. One of these is the fact that they will cover 85 per cent of the Indian market by the year 2012. This will evolve as a result of the proposed 11 operating dealerships being in place by the end of this year. This number is expected to increase to 55 dealers in two years.

Another lofty goal Nissan hopes to attain is in exportation. Next year the car manufacturer plans to outsource $20 million in components and double this amount within two years. Along with this goal Nissan plans to export cars. They plan to export to countries until they reach 100 worldwide.

According to automotive industry news, Nissan will begin producing the Global Compact car in their Indian facility next year. Nissan has made it clear that they plan to be a major player in the Indian market just as they have been in the United States and other countries. The production of the compact car will happen in their new corporate facility in India. The 10,000 square feet building will offer employment to 56 people. Another goal is to nearly double this number by the next year. The new facility offers state-of-the-art everything. This, along with artsy interiors and open work-stations will contribute to the culture promoting an open feeling and spreading …

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Getting the Best Car Loan

Getting the Best Car Loan

What is the best car loan available? That is an impossible question to answer because consumers vary quite dramatically in their income and credit histories. Basically this means that the best loans are those that meet the individual needs and abilities of the borrower.

Most car loans will come with a specific interest rate and a set repayment period. These are often flexible factors during the purchasing process, and the final results can depend on many things. For instance, someone might have a hefty down payment against the purchase price of a car. At such times the lender is usually going to extend very favorable terms because their risk has been reduced quite measurable.

Does this mean that the best car loan is going to go only to someone with a lot of cash at hand? Not really because there are many types of lenders that include bad credit lenders, and even those who offer refinancing and used car loans too. The way to get the best loan for your needs is to first understand exactly what those needs might be.

Consider your household budget, the length of time you are willing to have a car payment, and the total amount you will eventually pay for the loan under the terms you have created. For example, you might want to extend your loan by a year or two to keep the monthly payments lower, but this might mean that you pay over a thousand dollars more for the car because of the extra year or two of interest.

The way to begin the search for the best car loan for your needs is to find vehicles that fit into your price range. The Internet is a great tool for conducting any research around the purchase of a new vehicle, and …

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The Best Parts For Your SUV Available Online

The Best Parts For Your SUV Available Online

Over the years, Sports Utility Vehicle or SUV is one of the vehicles most likely to require replacement parts compared to others. Because these muscular animals are made to roam the streets, duels that are consistent with nature can cause some damage and bruising. An SUV also contains more moving parts than a normal vehicle, thereby increasing the chance of failure and damage to parts.

The spirit of an SUV states that if you don’t use it for off-road and to conquer natural terrain, you are actually abusing it. This vehicle is made to explore off-road tracks. The sensation of driving an SUV in extreme terrain and admiring the ease that goes beyond natural obstacles is one that is worth experiencing again and again. But there is definitely a catch in the long run.

The consistent use of off-road and one-on-one sessions with nature for a long time is bound to leave some marks. The SUV ranks high among all other types of vehicles in terms of repairs. This vehicle contains complicated machines both mechanical and electronic and over time, this engine does need maintenance, repair and replacement.

Although SUVs from large manufacturers come with special service guarantees and support, partial replacements and large repairs cost a bomb that can make a hole in your wallet. If you don’t care about costs, you can go ahead and order genuine parts or OEM parts directly from your SUV manufacturer, but if you don’t want to spend a lot of money on repair and replacement parts, you certainly have other options.

If you have a relatively old SUV, now is the time for you to act smart. You need to realize whether investing extra money for new parts and repair companies makes sense considering the stage of your vehicle. Even if you …

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Use Mobile Marketing Coupons to Increase Car Count for Auto Service Shop Marketing and Advertising

Use Mobile Marketing Coupons to Increase Car Count for Auto Service Shop Marketing and Advertising

Whenever you think of the word ‘coupon’ you probably think discount. As an auto repair shop owner you’ve probably created a lot of ads or at least seen them where it includes a coupon. It’s either something like ‘Get 10% off some service” or ‘Get $10 off this’ or maybe the good old standard; ‘Mention this ad for a 10% discount’. Whatever the coupon or offer was, you probably stopped doing it because of the poor redemption rates.

Mobile marketing and mCoupons (coupons delivered by text messaging) has changed all of that. In fact, some reports show that mobile coupons have redemption rates that are 10x that of any other format of coupon, online or off. It’s for that reason, as an auto repair shop owner, you really need to get serious about taking your business mobile and using Text Message Marketing.

You can create several different types of coupons. Some examples are:

1) OTO or ONE TIME OFFERS: Great for attracting new customers or building your base of repeat customers.

2) DAILY DEALS: Make it a Tuesday Special – Pick the day of the week that is typically your slowest and make an offer to build your car count those days. Wouldn’t you rather be doing a bunch of discounted work than none at all?

3) FREE Trial Offers: Do you have a new service or product? Create a free trial with a limited number offered (to inspire a quick response) and set a deadline too.

4) SPECIAL PRICING OFFERS: Tie them into holidays! As an example, you can target your customers for a Thanksgiving Special. Build your car count around national holidays and other special events

5) CONTESTS AND GIVE-A-WAYS: What about making an offer for the first 50 people to visit and get an oil change receives …

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