Thursday, December 5, 2013

Automakers say govt rushing into Eco-Car project's Phase 2

Automakers who had participated in the eco-car project are not happy with the government's decision to launch Phase 2, claiming it's too soon to introduce it.

The comments came during a seminar organised by the Thai Automotive Journalists Association earlier this week that brought together representatives from the government as well as the industry to exchange views on the Eco-Car Phase 2 project.

Suparat Sirisuwannangkura, vice chairman of the Federation of Thai Industries and chairman of the Automotive Industry Club, said the eco-car project has been highly successful due to several reasons.

"It was able to win over customers from the motorcycle market, plus the rising fuel prices caused consumers to switch over to more efficient small cars," he said.

Since the project was launched in 2010, some 712,000 vehicles have been produced, with almost half of these being exported (343,000 vehicles exported versus 369,000 for the domestic market). Suparat said the market share of eco-cars has also risen dramatically, from 5 per cent in the passenger car market in 2010 to as much as 27 per cent this year.


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