Browsing Tag
General Motors
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GM Expands Manufacturing Footprint in Thailand and Southeast Asia
General Motors today opened a new state-of-the-art diesel engine plant in Rayong, Thailand. The USD 200 million THB 6 billion facility, which is adjacent to the automaker’s vehicle manufacturing plant, represents GM’s most significant powertrain investment in Southeast Asia.
What’s Good for General Motors Is Good For Thailand
Finance Minister Korn Chatikavanij has promised both local and international investors that local banks have adequate liquidity to support their industries. Three banks have agreed to lend General Motors (Thailand) Bt13.5 billion to finance two vehicle programs and construction of a new diesel-engine plant in Rayong province.