🚖IHS Markit Automotive Blog AutoIntelligence Daily
Key Japanese OEMs plan to boost hybrid vehicle production in Thailand.
Key Japanese automakers have revealed their plans to boost hybrid vehicle production in Thailand, reports the Nikkei Asian Review.
Toyota plans to produce a hybrid version of its C-HR compact sport utility vehicle (SUV) in the country. The growing popularity of SUVs in Thailand has prompted Toyota to opt for the C-HR over other models in its wide range of hybrids.
According to IHS Markit light-vehicle sales forecast data, which include passenger vehicles and light commercial vehicles, sales of SUV-bodytype vehicles in Thailand will grow by 3.0% year on year (y/y) to 112,757 units in 2017.
IHS Blogs
http://blog.ihs.com/key-japanese-oems-plan-to-boost-hybrid-vehicle-production-in-thailand