Suzuki will close its plant in Thailand by end of 2025

The Japanese Corporation Suzuki Motor will stop the production of cars in Thailand and close its plant by the end of 2025.

Japanese car manufacturers experience difficulties in competition conditions in the Asian market by competing companies, especially Chinese.

According to Kyodo, citing sources of the company, Suzuki Motor plans to bury a car factory in the district of district.

The company decided to close after it was established that the initial expectations regarding sales in the Thai market were not justified.

Suzuki Motor Thailand Co, a local subsidiary, after the closure of the plant will transfer 800 employees to other enterprises of the company.

The plant began the production of compact cars in 2012.