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July 1st, 2010 12:27 PM #671
GM Plans to Build New Truck in Thailand for Export to Europe
http://www.businessweek.com/news/201...to-europe.html
June 30 (Bloomberg) -- General Motors Co. plans to build a new midsize Chevrolet truck in Thailand for export to Europe and parts of Southeast Asia as the brand makes its first push into the two regional pickup markets.
GM expects to sell at least 100,000 units of the new truck in the first year, with global production of the vehicle concentrated in Thailand and Brazil, Martin Apfel, executive director for GM’s Southeast Asian operations, said in a phone interview today.
http://www.nytimes.com/2010/06/30/bu...html?src=busln
Ford began laying the foundations for a large manufacturing plant here in February. Soon thereafter, red-shirted protesters swarmed Bangkok’s streets in a prelude to weeks of strife that left about 90 people dead. Yet the American carmaker continued with its expansion plans.
The story of its persistence — it had to postpone the announcement of the new facility at least three times before finally making the project public last week — tells a broader tale of Thailand’s economic resilience and the continued loyalty that many companies, especially car manufacturers, have shown.
In a large plot next to Ford’s future factory, which will be completed in 2012, Suzuki, of Japan, is building its first Thai car manufacturing plant.
Over the past decade, pineapple orchards in the hills and valleys east of the capital have given way to auto assembly plants and their suppliers. Toyota, Mitsubishi, General Motors, Nissan and Honda all have major operations there.
“The automotive industry in Thailand is upbeat,” said Hajime Yamamoto, Thailand director for CSM Worldwide, an automotive market forecasting company based in Detroit. “Many suppliers have already reached 100 percent capacity.”
Car production in Thailand this year is expected to jump a stunning 60 percent, according to Vallop Tiasiri, the president of Thailand Automotive Institute, a government research organization. The increase reflects the resurgent demand for automobiles after the financial turmoil of the past year. The industry is speeding past the political disruption like a car on cruise control.
Thailand, which Mr. Vallop expects to produce 1.6 million vehicles this year, will maintain its place as the third-largest car exporter in Asia, after Japan and South Korea.
“This industry is a long-term investment,” Mr. Vallop said. “Everyone is thinking that Asia is going to be a big car market, and Thailand is one of the best manufacturing centers for cars.”
Ford says about 85 percent of the cars to be produced in its new factory will be exported. It describes Thailand as “a global production and export hub.”
panno na?
Although some political analysts have suggested that skittish investors might flock to other countries, Ford is doing exactly the opposite. It will transfer production of its popular Focus model from the Philippines to Thailand, once the factory here is completed. Ford already has large Thai production facilities that it owns jointly with Mazda.
India naman
Chennai, the Detroit of Asia?
http://business.rediff.com/slide-sho...it-of-asia.htm
Chennai is home to global and Indian auto majors like BMW, Ford, Hyundai, Mitsubishi, Nissan, Ashok Leyland, TVS Group, et cetera. It also has almost 35 per cent of India's share of auto ancillary units.
So why has Chennai emerged as the Detroit of South Asia? There are many reasons, not the least of which is the Tamil Nadu government's investment-friendly industrial policy.
With an impressive growth of 26.42 per cent last year, India is the second fastest growing auto market in the world, next only to China that grew at a scorching 42 per cent.
There is a lot to cheer about for India if you look at what the Confederation of Indian Industry survey of auto ancillary companies (Q2FY2010) says: 'India is estimated to have the potential to become one of the top five auto component manufacturing economies by 2025.'
'The Indian auto component industry is moving rapidly towards grabbing the global auto component outsourcing market, which is expected to be worth $700 billion by 2015. With the spiralling demand from the domestic and international auto companies, the industry is emerging as one of the fastest growing manufacturing sectors in India and globally,' the survey notes.
The Society of Indian Automobile Manufacturers' statistics show that auto exports from India rose by 49.59 per cent last year. The CII survey also says that India's exports of auto components would grow to $4.5 billion this year, compared with $1.8 billion in 2005.
Philippines?
MVDP?
good luck
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July 1st, 2010 12:42 PM #672Ford eyes new product program for RP
Malaya Business Insights'
July 1, 2010
Ford Motor Company Philippines (FMCP) is currently studying new product program opportunities for the country in the wake of a planned $450-million expansion in Thailand which would produce the new generation Focus, a model currently being assembled here.
"FMCP remains committed to our domestic operations and confident in the mid and long-term growth of our local business," the company said in a statement.
It added that FCMP will remain focused on "delivering our world class Ford and Mazda vehicles and services to our customers in the Philippines and the export markets that we serve."
FMCP said the Thailand investment will have no impact on the current Ford Focus program, or the manufacturing operations of FMCP.
"FMCP remains fully committed to our export program, including the fulfillment of the conditions of our registration under the Automotive Export Program," the statement said.
FMCP has exported more than 65,000 units of Ford Focus, Ford Escape and Mazda3 for Asean markets since 2002," the statement added.
Ford’s $450-million investment in Thailand is part of its investment and expansion strategy in the Asia Pacific and Africa region.
The new passenger vehicle manufacturing plant is scheduled for completion in 2012 to begin manufacturing Ford’s next generation Ford Focus, which was unveiled at the North America International Auto Show in Detroit in January this year.
At present, Ford’s assembly plant in Sta. Rosa, Laguna produces Ford Focus cars both for the local and exports market.
The Philippine-assembled Ford Focus model is exported to Thailand, Indonesia and Malaysia.
For January to May, Ford Philippines sold 337 units locally, or 14 percent higher than the 295 units sold in the same period last year.
The Ford Focus produced in the Philippines is the second generation and started production for Asean market in 2005.
http://www.malaya.com.ph/07012010/auto1.html
If Ford finally pulls the plug re: Ford Focus CKD operation, there are alot of existing players (notably Mitsubishi and Nissan) and new entrants (mostly Chinese i.e Great Wall) willing to replace them.
At the same time, the issue does not directly affect the MVDP because its PBV will focus on AUV and LCV CKD production and not on passenger cars and SUVs.Last edited by jpdm; July 1st, 2010 at 12:54 PM.
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July 1st, 2010 01:14 PM #673
Thailand, Indonesia, India, China attract way more capital than the Phils.
the Philippines is just a tiny player in Asia
barya lang ang capital na napupunta sa Pinas
kahit may MVDP
no matter how you spin it, the Phils. can't compete
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July 1st, 2010 05:52 PM #674
Who said we can compete now with those countries?
In fact the rationale behind the MVDP is actually confirming the sad state of the auto industry and its implementation might be the answer.
By the way, it shoul be noted uls, the MVDP is not even implemented yet.We dont know yet what will happen after its implementation.
So do not make any fantastic claims that we can compete now even with an MVDP. Wala pa nga. nag-assume ka naman.
If some local auto players like the MVPMAP said that we may become an auto hub in the future if the MVDP is finally and successfully implemented, no one really knows most especially you.
And not even your ragtag articles can say something about that possibility.
Now, seems you are making another one of your fantastic spin by saying that no matter how I spin it, the Philippines can compete?
I very very sure you are the best in coming up with fantastic and out of this world spins and blatant lies like accusing my province of being a haven of chop chop cars and vehicles using quotes from a motorcycle forum (and yet we are clearly talking about cars, vans and vehicles with 4 wheels) and stupid tabloids.You also made a spectacular spin by saying Subic is not a haven of smuggling and was only demonized by the press and yet the government and the private sector (including the academe with scholarly research done here and abroad) and the whole Philippines know and declared the place as such.Last edited by jpdm; July 1st, 2010 at 06:33 PM.
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July 1st, 2010 06:00 PM #675why would somebody import a car that can be used within subic only?
dun ba nakatira inside the subic port ang may-ari niyan? very questionable na yan in the first place.
the importers facilitated the importation kaya dapat, pag napatunayan na technical smuggling yan, accessory yung mga importer. this will prevent other importers to parctice this type of business.
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July 1st, 2010 06:50 PM #676why would somebody import a car that can be used within subic only?
dun ba nakatira inside the subic port ang may-ari niyan? very questionable na yan in the first place.
the importers facilitated the importation kaya dapat, pag napatunayan na technical smuggling yan, accessory yung mga importer. this will prevent other importers to parctice this type of business.
the guy who posted that should know that there are expats living inside Subic
so yung tanong niya kung nakatira sa Subic ang may ari --- OO, meron mga may ari nakatira sa Subic
the blue plate cars are for expats
the cars can be used outside Subic for a number of days
some smart people found a hole and exploited it
nobody's gonna check if you're really an expat living inside Subic
nobody's gonna check if you're really an expat
the govt should have known about that hole
now that the blue plate cars are unaccounted for, it's the government's problem to find those cars
it's not the importers' fault
the govt is always behind the curveLast edited by uls; July 1st, 2010 at 07:21 PM.
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July 1st, 2010 10:20 PM #677New DTI chief to focus on jobs, investments, consumer issues
By Amy R. Remo
Philippine Daily Inquirer
First Posted 18:18:00 07/01/2010
MANILA, Philippines – Newly appointed Trade Secretary Gregory L. Domingo is bent on delivering “very significant results” within the next two years as he targets to focus on jobs creation, establishing a better business environment, fair trade, and more importantly, consumer protection.
At the turnover ceremonies on Thursday, Domingo disclosed that President Benigno Aquino III gave him a two-year time frame to deliver concrete results, given the high expectations placed on the Department of Trade and Industry and its attached agencies.
“I will try to wake up the sleeping dogs, hopefully they don't bite. We have a big task ahead of us,” Domingo said.
Domingo said he would beef up efforts and programs to push for protection of consumers, as well as the “training of our personnel so we can upgrade the skills of everybody.”
The department will also be undergoing a so-called zero-based budgeting process, wherein they will review the entire organization to see if there are any functions that are not necessary or if there are functions that are lacking. Based on the assessment, Domingo said he would submit a revised budget.
Domingo also underscored the need to create more jobs and to concentrate instead on several key industries that could deliver bigger benefits.
He further advocated rationalizing incentives being given to businesses, stressing that incentives should not be given to just any industry, but rather to those crucial industries that would only come in if given such perks.
Like his predecessors, Domingo said he would like to conduct palengke (public market) tours to check on the prices of basic goods.
On top of these issues, Domingo expressed interest in having government-related business processes (such as securing permits and registration) streamlined to make it easier for interested companies, businessmen and budding entrepreneurs.
“We want to take out the irritants in terms of setting up businesses,” he said.
Domingo declined to cite further his plans, which he said, were still sketchy as of now, and has instead, asked for a week before making any concrete stand on issues and other concerns.
http://business.inquirer.net/money/b...onsumer-issuesLast edited by jpdm; July 1st, 2010 at 10:35 PM.
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July 1st, 2010 10:23 PM #678
some smart people found a hole and exploited it?
Hindi smart kundi scheming individuals and economic saboteurs.
Linaw uls, mula sa sinabi mo, privilege yan binigay sa mga expats pero malinaw ang batas ilang araw lang puedeng ilabas. So yung naglalabas at hindi na binabalik, smuggling ang ginagawa.
masamang gawain..
Either kasuhan may ari o yung importer. baka magkasabwat. Anyway, nasa korte na kung walang kasalan yung makaksuhan.
Anyway, dapat ngang i-crack down mga yan. At sa SUbic (based on the previous article that I posted with link for verification. Hindi galing sa motorcycle forum at moronic tabloids na puro tsismis at kababalaghan ang laman)na naman nangyayari yang mga misteryo at kababalaghan na yan.A no-nonsense guy should be appointed in the BOC to reduce if not eliminate these nefarious activities.
Fair play. Hindi nanlalamang lagi.
BTW, what is your stand?Last edited by jpdm; July 1st, 2010 at 11:11 PM.
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July 2nd, 2010 03:50 AM #679some smart people found a hole and exploited it?
Hindi smart kundi scheming individuals and economic saboteurs.
Linaw uls, mula sa sinabi mo, privilege yan binigay sa mga expats pero malinaw ang batas ilang araw lang puedeng ilabas. So yung naglalabas at hindi na binabalik, smuggling ang ginagawa.
i don't see it that way
they're clever
they're crafty
Either kasuhan may ari o yung importer. baka magkasabwat
Anyway, dapat ngang i-crack down mga yan. At sa SUbic (based on the previous article that I posted with link for verification. Hindi galing sa motorcycle forum at moronic tabloids na puro tsismis at kababalaghan ang laman)na naman nangyayari yang mga misteryo at kababalaghan na yan.A no-nonsense guy should be appointed in the BOC to reduce if not eliminate these nefarious activities.
Fair play. Hindi nanlalamang lagi.
haha
you live in an imaginary world
a world where everything's fair
where everyone is nice and gentle and law-abiding
like sheep
in your world, there are no wolves
dude, in the real world, in business, there are wolves.
sly, cunning, crafty wolves
they don't care about rules
they either find their way around rules or break them altogether
it's their nature
they're dominant alpha personalities
they enjoy challenges
Ya, you can put a "no-nonsense guy" in the BOC
they'll just figure out of a way around him
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July 2nd, 2010 09:01 AM #680
I use imgur.com. Upload the picture there, then get share links, choose bbcode and paste here.
Mineral , semi synthetic or fully synthetic?