Suzuki to build plant in Rayong - Production of Eco Car to Start 2010!
Suzuki Motor Corporation was one of the companies to submit an application to participate in the Thai Eco Car project, and now they are moving forward and have plans to build a plant in Rayong Province.
Production at the plant is expected to start in 2010.
Suzuki will invest USD 90 million in order to establish a manufacturing company in Thailand, and a further USD 287 million in the construction of the plant. The plant will create 1200 jobs.
The requirements of the Eco Car project stipulate that Suzuki (and other companies in the project) will need to build at least 100,000 units per year from the fifth year of operation on. It is unlikely that Suzuki will be able to meet that target in the local market, so expect the small Suzuki to be exported once production starts.
Details of the model to be produced have not yet been revealed, but we are over 2-years away from production. The Suzuki Cervo is one possible candidate, and with it's ~600 cc engine it should have no problems meeting the requirements. But Suzuki have some small concepts in the works any of which could potentially make it to market as an Eco Car.
Source : MEANAFN Press