GWM Signs Definitive Agreement with GM to Purchase Manufacturing Facility in Thailand

GWM (Great Wall Motors) officially signed a share sales and purchase agreement with GM (General Motors) to acquire GM’s production facilities in Rayong, Thailand

Thailand’s Auto Industry to be Center of the ASEAN Market

Strategic R&D and manufacturing investments from GM, Nissan and American Axle & Manufacturing (AAM) have put Thailand at the forefront of the auto industry in ASEAN and international markets within the past few months.

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.

Thailand lures more US investors

Thailand received confirmation from giant American investors of their investment expansion projects, according to Thailand Board of Investment (BOI)

General Motors (Thailand) to build three new diesel engines plants

General Motors (Thailand) says it is willing to supply other auto-makers with diesel engines it plans to manufacture in three new plants, with production expected to start next year.

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.

General Motors Thailand wins local banks’ loans to finance expansion

General Motors’ Thai unit has snatched a syndicated loan worth Bt13.5 billion from Bangkok Bank, Siam Commercial Bank and Tisco Bank to finance the local expansion.