Dec 18 2023, 07:50 AM
QUOTE(DarkNite @ Dec 18 2023, 06:52 AM)
You can't blame them.
You got see our ASEAN neighbours Japanese car or not?
You got see CCP/Korean cars offered in there too?
Actually Thailand should have put up a Monument of DrM for making Thailand Top 10 motor industrial in the world!
It does not come without it's downsideYou got see our ASEAN neighbours Japanese car or not?
You got see CCP/Korean cars offered in there too?
Actually Thailand should have put up a Monument of DrM for making Thailand Top 10 motor industrial in the world!
https://www.asianometry.com/p/how-thailand-...-an-auto-export
QUOTE
The big problem with this exporting success however, is that it is all owned by foreigners. 100% of the management decisions and equity profits from selling Thai-made cars flows up to companies in Japan and the United States.
This traces back to that critical policy change made in the early 1990s. The one that allowed foreigners to own 100% of their joint ventures in the country.
Many of Thailand's auto-suppliers are owned by Thai people, but they remain trapped within the influence of the final assembler - the automaker. Their engineering, design and marketing chops in the consumer space are not competitive. And the sheer size of companies like GM, Toyota, and Honda have kept a Thai-owned brand from ever emerging into prominence.
This traces back to that critical policy change made in the early 1990s. The one that allowed foreigners to own 100% of their joint ventures in the country.
Many of Thailand's auto-suppliers are owned by Thai people, but they remain trapped within the influence of the final assembler - the automaker. Their engineering, design and marketing chops in the consumer space are not competitive. And the sheer size of companies like GM, Toyota, and Honda have kept a Thai-owned brand from ever emerging into prominence.
In comparison, P2 is Daihatsu's R&D centre for cars of emerging market, so our local workforce has the benefit of learning from the Japanese and keep the money flow mostly local, while in Thailand they are stuck with whatever the car companies asked them to without actually able to decide things for themselves, and having profit flow out of the country.
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