Suzuki to Cease Manufacturing in Thailand by 2025
Suzuki will stop manufacturing in Thailand by 2025 due to the global shift toward carbon neutrality and electric vehicles. The company will continue sales and after-sales services in the country, importing vehicles from ASEAN nations, Japan, and India. Suzuki also plans to introduce electric and hybrid vehicles in Thailand to support carbon neutrality goals.
Driven by the global push for carbon neutrality and increased adoption of electric vehicles (EVs), Suzuki has announced its decision to end operations at the Suzuki Motor (Thailand) Co Ltd (SMT) factory by the end of 2025.
Initially established in 2011 following the Thai government's eco-car programme, the SMT factory began production in 2012 and produced up to 60,000 vehicles annually.
Despite halting production, Suzuki will continue sales and after-sales services in Thailand and will import vehicles from ASEAN countries, Japan, and India.
The company will also introduce EVs and hybrid cars to support Thailand's carbon neutrality goals.
Currently, popular Suzuki models such as the Ertiga and XL7 are imported from Indonesia under the ASEAN Free Trade Area agreement.
India, a major market for Suzuki, will produce its first EV in 2025, although vehicles from India to Thailand don't benefit from the same tax exemptions as those from ASEAN nations.
This move by Suzuki follows Subaru's decision to end vehicle production in Thailand by the end of 2024.
Initially established in 2011 following the Thai government's eco-car programme, the SMT factory began production in 2012 and produced up to 60,000 vehicles annually.
Despite halting production, Suzuki will continue sales and after-sales services in Thailand and will import vehicles from ASEAN countries, Japan, and India.
The company will also introduce EVs and hybrid cars to support Thailand's carbon neutrality goals.
Currently, popular Suzuki models such as the Ertiga and XL7 are imported from Indonesia under the ASEAN Free Trade Area agreement.
India, a major market for Suzuki, will produce its first EV in 2025, although vehicles from India to Thailand don't benefit from the same tax exemptions as those from ASEAN nations.
This move by Suzuki follows Subaru's decision to end vehicle production in Thailand by the end of 2024.
