Thailand has attracted the world class automakers. It has become the ASEAN Automotive Hub with the largest vehicle assembling capacity and the highest quality of parts within the ASEAN nations. It ships to over 130 countries. Thailand is ranking as the world's largest producer of one ton pickup trucks and is among the top 10 of largest automotive exporters overall. As Bloomberg Businessweek recently reported, "Toyota Motor Corp., Honda Motor Co. and Ford have built plants in Thailand, Southeast Asia's second-biggest economy, lured by tax incentives and demand in the nation of 67 million people. Automakers may produce a record 1.6 million vehicles in the country this year, 60 percent more than in 2009."
Examples of successful foreign companies in Thailand: