Suzuki agrees to sell Thai assembly plant to Ford

Suzuki Motor has agreed to merchantability its conveyance assembly works successful Rayong, Thailand, to US automaker Ford Motor, according to section reports, arsenic the Japanese automaker looks to trim costs and streamline its planetary operations amid intensifying contention from Chinese automakers.

The 65,000 sq m plant, located connected a 66 hectare crippled adjacent to Ford Thailand Manufacturing Company’s (FTM) existing conveyance accumulation installation successful the Rayong escaped commercialized zone, began operations successful 2012 with an yearly accumulation capableness of 80,000 tiny rider vehicles. Since peaking astatine astir 60,000 units successful 2013, yearly accumulation has dropped sharply – to conscionable 4,400 successful 2025, divided betwixt the Alto, Ciaz and Swift models.

Financial presumption of the woody person not been disclosed, and the transportation of onshore and assets is scheduled to beryllium completed wrong the coming months. The determination of the works volition let Ford to easy standard up its existing operations successful the future, strengthening Thailand arsenic a accumulation hub wherever it produces the Ranger pickup motortruck and the Everest SUV.

A Suzuki spokesperson confirmed that the determination to merchantability the works came aft the institution struggled to found a beardown beingness successful the Thai tiny car market, with problems exacerbated by the beardown Thai baht and rising contention from Chinese automakers. Production astatine the works is understood to person been discontinued astatine the extremity of 2025.

"Suzuki agrees to merchantability Thai assembly works to Ford" was primitively created and published by Just Auto, a GlobalData owned brand.

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