The presence of the head of Ford Motor Company at the Bangkok Auto Show was no accident – the New York Motor Show was on at the same time. The Detroit of the East produced 2.45 million cars last year (up 68% on 2011), sold 1.43 million locally (up 80%), and became a global top 10 auto producer. It was already the world's second largest producer of trucks, behind only the United States. With just 18 vehicles per 100 population (America has 76), the Thai domestic market offers promise. The world's auto makers are focusing their quest for growth on Asia and Bangkok is now key to the Asian automotive market.
Read the full article: Bangkok International Auto Show – the Detroit of the East under the spotlight