http://mobile.reuters.com/article/idUSBREA...140401?irpc=932

Volkswagen applies to set up first Thai auto unit: report

Tue Apr 1, 2014 7:37pm EDT

(Reuters) - German carmaker Volkswagen AG (VOWG_p.DE) has applied to set up its first plant in Thailand to help narrow the gap with Toyota Motor Corp (7203.T), Bloomberg reported late Tuesday citing people familiar with the matter.

The manufacturer is seeking to participate in a government program offering tax exemptions for automakers investing at least 6.5 billion Thai baht ($200 million) in local manufacturing, the media service ,was pending.

Carmakers had until March 31 to apply for the program which includes vehicle assembly, components and engine production, according to a ministry statement from October.

People told Bloomberg that Volkswagen has not made a final decision on producing vehicles in Thailand as the exact terms and conditions may still change.

Volkswagen could not be reached for a comment outside of normal business hours.

Volkswagen sees a "strong market opportunity" in southeast Asia, Hans Dieter Poetsch, chief financial officer of the multinational automaker said in a presentation published on the company's website last week.

(Reporting by Aashika Jain in Bangalore; Editing by Richard Chang)

Good... VW to world domination....

well it's not like they arent familiar with conflicts......

oooooo.......

ding ding ding, they didnt choose malaysia. omg, i am surprised.

Bukan dah ada ke kat Pekan sana tu?

Even a neighbouring country with conflicts is more attractive that us?

DRB Hicom performs contract assembly only.

The one proposed in Thailand, will be owned by VW themselves.

inb4 dry clutch sucks

Makes me wonder how successful our NAP is.

Of course, Honda is the biggest beneficiary of our NAP.

HAHHAHAHA the one at pekan just put on the doors and tyres and call it ckd. Engine comes here in one piece. Thailand has engine production, sigh

Bila Malaysia cakap nak jadi hub untuk ini hub untuk itu, kita tahu rancangan itu pasti gagal. New NAP still cannot attract car makers to set up factory here?

Isnt it better that way? Close to CBU already.. So parts all come and installed in Germany...

True. VW had experience in operating in frontier markets....

China (after Deng Xiaoping reform) is one example.

Soon will be your so-called CBU from Thailand.

Close to cbu harga pun cbu la haha.

They have CKD.

But obviously Thai made VW is way better than the CKDs and thus setting up plant in Thailand.

No lah, last I checked Passat CBU near 175k after CKD become 155k only

not protong n ptuitua?

Bangkok = cheap worker, cheap food, cheap beer and cheap sex.

The problem is, our NAP keep changing... sekejap ini... sekejap tukar lagi...