Suzuki to Shut Down Auto Plant in Thailand by 2025
Suzuki Motor announced it will close its subsidiary's auto plant in Thailand by the end of 2025 due to sluggish sales. The plant, part of Suzuki Motor Thailand, was established in 2011 and began producing fuel-efficient cars in 2012.
Suzuki Motor announced on June 7, 2024, that it will close its subsidiary's auto plant in Thailand by the end of 2025.
The decision comes amid sluggish sales in the Thai market and a strategic move by Suzuki to focus on more promising global production sites.
Suzuki Motor Thailand (SMT) was established in 2011 following the Thai government's eco-car project.
The plant began producing fuel-efficient compact cars in 2012, reaching an annual production of 60,000 units, including exports.
The decision comes amid sluggish sales in the Thai market and a strategic move by Suzuki to focus on more promising global production sites.
Suzuki Motor Thailand (SMT) was established in 2011 following the Thai government's eco-car project.
The plant began producing fuel-efficient compact cars in 2012, reaching an annual production of 60,000 units, including exports.
