Why no Hyundais in Bangkok?

Why no Hyundais in Bangkok? - Korea Times, October 27, 2010
...For Hyundai, Thailand slaps such high tariffs on imported cars that it can't afford to export them. Obviously, Hyundai could avert the high levy by opening local factories but has not done so after closing one in 1997.
...At any rate, Hyundai's departure is still remembered by those in the decision-making roles as well as the public, making it difficult for the world's fifth largest carmaker to come back, the person said.
Thailand's tariff on imported cars runs up to 80 percent of the car's price. The only way to avoid it is to manufacture cars here, the method adopted by the Japanese players that dominate the Thailand markets...

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