Fuji Heavy Industries Ltd. (FHI), the manufacturer of Subaru automobiles, today announced its plan to enter into a basic agreement on establishing a joint venture in February 2017 with TC Manufacturing and Assembly (Thailand) Co., Ltd. (TCMA TH), a subsidiary of Tan Chong International Limited, to start production of Subaru vehicles in Thailand.*
Currently, Subaru vehicle production in Southeast Asia is conducted at a CKD (completely knocked down) assembly plant of the Tan Chong Motor Assemblies Sdn. Bhd. in Malaysia, which builds the Subaru XV and the Forester.* With a view to enhancing Subaru’s competitiveness and further growth in Southeast Asia, FHI has decided to start production in Thailand by a new and soon to be established joint venture company, Tan Chong Subaru Automotive (Thailand) Co., Ltd., 74.9% of which will be owned by TCMA TH and 25.1% by FHI. The new joint venture aims to begin production in 2019.
Production in Malaysia will continue, and Tan Chong International will sell the vehicles produced both in Malaysia and Thailand through its Subaru dealer network.
In its mid-term management vision “Prominence 2020” announced on May 9, 2014, FHI laid out initiatives to develop a strong business foundation in Southeast Asia as part of its efforts to build a strong business structure.
With this new joint venture project, FHI aims to further enhance Subaru sales in the growing Southeast Asian market, offering Subaru’s distinctive “Enjoyment and Peace of Mind” driving experience to customers in the region.
We are a rapid growth automotive organization belonging to an established group with various business operations spanning the Asia Pacific region. Our SUV Manafaturing and distribution operation is extensive in Thailand.
Company Details
- Employees
- 28
- Address
- Chalong Krung 31, Lam Pla Thio,bangkok City 10520,thailand
- Industry
- Motor Vehicle Manufacturing
- NAICS
-
Motor Vehicle ManufacturingAutomobile and Light Duty Motor Vehicle ManufacturingHeavy Duty Truck ManufacturingAutomobile ManufacturingLight Truck and Utility Vehicle Manufacturing
- Website
- tcsat.org
- Keywords
- Subaru, Automotive, Car maker, SUV, Car.
- HQ
- Lam Pla Thio, Bangkok City
Tan Chong Subaru Automotive (Thailand) Questions
Tan Chong Subaru Automotive (Thailand)'s website is tcsat.org
Tan Chong Subaru Automotive (Thailand)'s LinkedIn profile is https://th.linkedin.com/company/tanchongsubaru
Tan Chong Subaru Automotive (Thailand) has
28 employees.
View email and phone details for 28
employees at Tan Chong Subaru Automotive (Thailand).
Tan Chong Subaru Automotive (Thailand)'s industry is
Motor Vehicle Manufacturing
Tan Chong Subaru Automotive (Thailand)'s top competitors are
Asian Honda Motor Co., Ltd.,
Hyundai Mobility (Thailand) Co.,ltd.,
Byd,
Subaru Singapore,
Tc Subaru (Thailand) Co.,ltd,
Mitsubishi Motors Thailand,
Tan Chong International Limited,
Nissan Thailand,
Ford Motor Company,
Motor Image - Subaru.
Tan Chong Subaru Automotive (Thailand)'s categories are Motor Vehicle Manufacturing
