Thailand’s Automobile Industry Looking Good For 2017

2017 looks brighter for Thailand’s auto industry with several new technological innovations and new product launches already inbound.

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Eligibility of transfer of ownership is coming up for vehicles that were purchased under a government tax-break scheme for first time car buyers.  The belief is that people throughout Thailand have been waiting for this opportunity to purchase a new vehicle.

2016 was a difficult year for Thailand with the death of His Royal Majesty King Bhumibol Adulyadej.  The country saw periods of mourning and changes to functions and events throughout the land.  This included some of 2016’s new release vehicles being postponed until 2017.

Thailand should also see an increase in the makes and models of electric vehicles that are hitting the roads.  Nissan and Mitsubishi have already announced their intentions to get an electric vehicle into production and onto the highway.

Many people have speculated as to whether or not Thailand will look into autonomous driving vehicles (cars that drive themselves) but strict radio-wave laws in Thailand cause difficulty with that particular matter.

New Vehicle Makes and Models that are planned to be unveiled are:

  1. Honda:  2017 City Subcompact
  2. Honda:  Five-Door Hatchback
  3. Nissan:  Nissan Note City Car
  4. Mazda:  Face lifted Mazda3

There is also rumor that Toyota has plans to assemble the C-HR small crossover vehicle in Thailand, which would put it on the streets of the Kingdom as well as out to the rest of the world.

The C-HR is a low center of gravity vehicle based on the Toyota New Global Architecture.  It is said to have much sportier handling and performance.  Buyers will see two different models of the vehicle hit the roads depending on customer preference.

The C-HR has a turbo charged 1.2-liter engine but can also be fitted out with a hybrid system equal to a Prius.

Looks like good things on the horizon for Thailand’s economy and automotive industry this year.  Might it be the year to purchase that new car?

 

 

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