Thai Rung Union Car

Thai Rung Union Car Public Co., Ltd
Public
Traded as SET: TRU
Industry Automobile manufacturing
Founded 1967
Founder Vichien Phaoenchoke
Headquarters 8/6, Petchkasem Rd, Soi 81, Nongkhangplu, Nong Khaem, Bangkok 10160
Key people
Sompong Phaoenchoke (CEO)
Revenue Decrease TH฿ 2.44 billion (2014)[1]
Decrease TH฿ 152.41 million (2014)[1]
Total assets Increase TH฿ 3.63 billion (2014)[1]
Total equity Increase TH฿ 3.1 billion (2014)[1]
Website www.thairung.co.th

Thai Rung (Thai: ไทยรุ่ง) is the only Thai-based automobile manufacturer. The company, established in 1967, began assembling Isuzu, Toyota, Nissan and Chevrolet vehicles. In addition to assembly, TRU manufactures its own brand car, under the name Thai Rung (also called TR), based on other small and medium truck platform.

SKD kits are currently being exported to China, North Korea and Iran, with plans for further exports to Egypt, Kenya and the Philippines.

History

The company was first listed on the Stock Exchange of Thailand on 21 November 1994,.[2] It remains 70% owned by the Phaoenchoke family members, with Sompong Phaoenchoke being the CEO of the company.[3]

Thairung Adventure Master, based on Isuzu D-Max.

In 1999, Thai Rung supplied the Chevrolet plant in Arica, Chile with Grand Adventure body parts to make the Chevrolet LUV Wagon and the Grand LUV.

Sales of the Adventure Master, based on the Isuzu D-Max pickup started in 2003 with about 300 units sold per month. At the same time sales of the Xciter, based on Nissan Frontier D22, were around 100 units per nonth.

Models

The Isuzu TF-based "Adventure" was replaced in 2004.

Current lineup

Discontinued

References

This article is issued from Wikipedia - version of the 11/24/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.