Although most automakers seem to be trying hard to keep a positive attitude in the face of a dramatic slow down in the industry, few are as optimistic as Hyundai Thailand. The company is eyeing 63% growth this year, and is already looking forward to introducing new cars.
Of course Hyundai can realise this 63% growth by achieving sales of just 1,500 units this year, compared to about 900 units in 2008. Hyundai's big seller is the H1, a people mover/VAN that offers good value for money despite coming into the country in CBU (completely built up) form. Hyundai will introduce a freshened up version of the H1, to be kitted out with some extra equipment, at the upcoming Bangkok Motor Show.
According to a recent posting on antara.co.id, Indonesia might have reason to worry about the impending flood of "eco-car" models coming out of Thailand.
Bambang Trisulo, Chairman of Indonesia`s Motor Vehicle Industries Association, believes that given the high production volumes required by the program, many of the cars will be exported and this could seriously threaten the Indonesian industry.
There seems to be a lot of confusion about gasohol at the moment and even though it's 1.50 baht a litre cheaper than regular petrol at the pumps, the demand for the fuel is relatively low.
If you have heard of gasohol, but are not sure what it's all about, then this article may help.