Thai Rung Union Car

Thai Rung Union Car (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, It manufactures its own brand car, under the name Thai Rung (or TR).

Thai Rung Union Car Public Co., Ltd
TypePublic
SET: TRU
IndustryAutomobile manufacturing
Founded1967 (1967)
FounderVichien Phaoenchoke
HeadquartersNong Khang Plu, Nong Khaem, Bangkok 10160
Key people
Pranee Phaoenchoke (Chairman & President)
Sompong Phaoenchoke (CEO)
ProductsTooling, auto parts production and assembly
Revenue 2,577 million baht (2018)[1]
181 million baht (2018)[1]
Total assets 3,927 million baht (2018)[1]
Total equity 3,268 million baht (2018)[1]
Websitewww.thairung.co.th

Thai Rung exports semi-knocked-down kits (SKD) to China, North Korea, and Iran, with plans for further exports to the Philippines, Egypt, and Kenya.

History

The company was first listed on the Stock Exchange of Thailand (SET) on 21 November 1994 (1994-11-21).[2] It remains 70% owned by Phaoenchoke family members, with Sompong Phaoenchoke being the CEO of the company.[3]

Thairung Adventure Master, based on the 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 the Nissan Frontier D22, were around 100 units per month.

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

Lineup

Discontinued

References
  1. "TRU: Financial Data". Stock Exchange of Thailand (SET). Retrieved 5 December 2019.
  2. The Stock Exchange of Thailand : Company Profile
  3. The Stock Exchange of Thailand: Major Shareholders
  4. "TR Transformer II". Thai Rung. Retrieved 5 December 2019.
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