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Honda Probes Viability of Thai ATV Production.
Byline: Yuthana Praiwan
Oct. 2--All terrain vehicles (ATVs) may be produced in Thailand if Japan's Honda can obtain clarifications from the government about the status of vehicle registration and taxation.
Satoshi Toshida, president of Bangkok-based Asian Honda Motor Co, held talks yesterday with Industry Minister Somsak Thepsuthin about the possibility of producing the four-wheeled vehicles.
As no ATVs are made in Thailand at present, Mr Somsak said Honda wanted to know how the vehicles would be classified and therefore what types of taxes would apply.
During the discussions, Honda did not outline a specific plan but said only that it ...
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Source: HighBeam Research, Honda Probes Viability of Thai ATV Production.