VOICED : Boom times for the 'Detroit of Southeast

The video discusses the booming car industry in Thailand, highlighting record sales in recent years despite challenges like the 2011 floods. The floods halted production, but recovery led to significant growth, aided by government tax incentives. The industry is expected to continue growing, driven by demand in Southeast Asia, though traffic congestion in Bangkok remains a concern.

What event in 2011 significantly impacted the car manufacturing industry in Thailand?

• A financial crisis

• Massive floods

• A severe drought

• A major earthquake

How did the car industry in Thailand respond after the floods?

• By reducing the number of car models

• By closing down several factories

• By launching 12 new car models in a year

• By moving production to another country

What government action helped boost car sales in Thailand after the floods?

• Increasing import tariffs on foreign cars

• Providing free cars to citizens

• Reducing fuel prices

• Offering tax incentives for first-time car buyers

What is the market share goal for car manufacturers in Thailand?

• 50%

• 30%

• 40%

• 20%

What is a potential issue for Bangkok due to rising car sales?

• Decreased public transport usage

• Higher car prices

• More traffic congestion

• Increased pollution