GM Thailand to join Eco Car Phase 2

business March 25, 2014 00:00

By The Nation

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General Motors Thailand announced today that they will submit an application to the Board of Investment's Eco Car Phase 2 programme.

The announcement was made on the sideline of the Bangkok International Motor Show, which will be open for the general public tomorrow. 
The application period for the scheme will end on March 31. 
“GM’s intent to develop a new Chevrolet car for production in Thailand is well aligned with the objective of the Eco Car programme,” said Marcos Purty, the new managing director of GM Thailand. 
“By submitting this application, GM reaffirms its commitment to invest in Thailand and make Rayong a strategic hub for global exports. Additionally, this investment will bolster our long-term commitment to the excellent regional supplier network.”
The programme calls for automakers in Thailand to build an all-new vehicle that is fuel-efficient, environmentally friendly, safe, and low cost, for sale throughout the region by the end of the decade. Eco cars are expected to use many locally produced components, including powertrain parts.
The company will reveal further details on a later date.