Saturday, April 19, 2008

'Green' Cars Boost Thai Auto Industry

April 2, 2008 -- Incentives from the Thai government to encourage automakers to produce fuel-efficient "eco-cars" have yielded a raft of major investments and started to change how Thais drive, experts say. Tax breaks for automakers and car buyers were unveiled last year, as the government worried that Thailand's position as the world's biggest maker of light pickups might not be enough to guarantee the future of its auto industry. The kingdom churns out 900,000 one-ton trucks every year -- about three-fourths of global output.

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