Mazda Motor Corporation and Ford Motor Company’s joint venture, AutoAlliance (Thailand) Co. Ltd. (AAT), will invest US$350 million in its pickup truck plant to support the production of Mazda and Ford’s next generation pickup trucks. The investment will enable production of the new compact pickups to commence in mid-2011.
The US$350 million investment in AAT reinforces Mazda and Ford’s long-term joint commitment to Thailand. The investment will support facility upgrades and supplier tooling for the production of the compact pickup trucks. Once completed, this will increase Mazda and Ford’s total joint investment in the AutoAlliance Thailand facility to more than US$1.85 billion since operations began in 1995.
Today’s investment announcement marks another important step forward in AAT’s development as a state-of-the-art manufacturing hub. Through the ongoing support of the Thai government, Thailand’s automotive industry has continued to grow and become more efficient, enabling AAT to build and export world-class pickup trucks and cars. This new investment will enable us to continue to enhance the one-ton pickup’s reputation as product champion of Thailand’s automotive industry.—Toshinori Kusuhashi, president, AutoAlliance Thailand
AAT successfully exports Ford and Mazda pickup trucks to more than 130 markets around the world. In July 2007, AutoAlliance Thailand celebrated one million units of production since the facility began manufacturing vehicles in 1998. A new state-of-the-art passenger car plant was opened in July 2009 and is currently producing the Mazda2 and Ford Fiesta for sale in Thailand as well as for export to ASEAN and other markets.