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Delphi still lukewarm on further investment in Thai auto parts industry.

Bangkok Post (Bangkok, Thailand)

| December 02, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Aranee Jaiimsin

Dec. 2--Although light truck sales in Thailand have grown by nearly 20 percent over the past three years, the country has yet to attract heavy investment from giant multinational auto parts makers such as Delphi Corp.

Delphi's Thailand operation is still relatively small, with an investment of only US$14 million or 560 million baht, according to Choon T. Chon, vice-president for Delphi Corporation and president of Delphi Asia-Pacific.

Compared with some countries in the region such as Singapore China, India and Singapore, Thailand was still far from being a main operational location. Delphi's key customers, particularly ...

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Source: HighBeam Research, Delphi still lukewarm on further investment in Thai auto parts...

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