Industry / Thailand
Short-Term Dangers May Hold Back Volvo
August 2011 | Company News AlertAlthough it is the small car and pick-up truck segments which are being supported by the Thai government, Sweden's Volvo is planning to make the country its regional hub for heavy trucks and buses. While Thailand is recognised as well placed in terms of geography and infrastructure for exports, domestic demand is also a big draw for Volvo. The company says Thailand's economic strength and relative political stability are encouraging businesses to buy
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