Isuzu denies planning to move plant to Indonesia

Isuzu vehicles are displayed at the Bangkok International Motor Show in March 2021. (Photo: Varuth Hirunyatheb)
Isuzu vehicles are displayed at the Bangkok International Motor Show in March 2021. (Photo: Varuth Hirunyatheb)

The Japanese automaker Isuzu Motors on Thursday said it was not planning to move a factory from Thailand to Indonesia, a day after the Indonesian industry minister said the company would do so.

“There are no plans to relocate a Thai factory to Indonesia,” an Isuzu spokesperson said.

The company had made no announcement on the issue, the spokesperson added.

Indonesia's Industry Minister had said on Wednesday that Isuzu planned to move a factory and could start production as early as next year.

A ministry spokesperson on Thursday did not immediately respond to a request for comment on the denial from Isuzu, which already has a factory in Karawang, Indonesia.

Isuzu operates two factories in Thailand employing about 6,000 people.

Shares prices of some Thai auto parts companies fell on Thursday after the comment from the Indonesian minister.

Thailand is an auto production and export hub for Southeast Asia and is home to some of the world’s top producers including Toyota and Honda. The government has incentives to lure investment for electric vehicle (EV) production.

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  • denial: a statement that something is not true or did not happen - คำแถลงการณ์ปฏิเสธ
  • deny: to say that something is not true or does not exist - ปฏิเสธ
  • hub: the central or main part of something where there is most activity - จุดศูนย์กลาง
  • incentive: something that makes you want to do something or work harder, because you know that you will benefit by doing this - สิ่งกระตุ้น
  • lure: to attract someone/something - ล่อใจ, หลอกล่อ, ยั่วยวน
  • plant: a factory; a factory that produces power or processes chemicals, etc. - โรงงาน
  • production: the process of making goods or materials, especially large quantities - การผลิต
  • relocate: to move someone or something to another place - โยกย้ายประชาชนออกจากบริเวณ
  • share: any of the units of equal value into which a company is divided and sold to raise money. People who own shares receive part of the company's profits - หุ้น
  • spokesperson: a person who speaks on behalf of a group or an organization - โฆษก
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