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BUSINESS

GM to withdraw from Thailand this year

Piyachart Maikaew, Published on 17/02/2020

» General Motors (GM) announced it will stop selling Chevrolet vehicles in Thailand and sell its Rayong plant by the end of this year.

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BUSINESS

Chevrolet closure puts workers in limbo

Business, Piyachart Maikaew, Published on 18/02/2020

» More than 300,000 Chevrolet cars in Thailand risk losing maintenance services after the US car maker General Motors (GM) announced a halt in sales of the Chevrolet brand locally by 2020.

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BUSINESS

GM sells off factories to Great Wall

News, Piyachart Maikaew, Published on 18/02/2020

» US car giant General Motors (GM) has agreed to sell its Rayong manufacturing base to Great Wall Motors of China.

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BUSINESS

GM to lay off 1,500 staff in Rayong

Business, Piyachart Maikaew, Published on 19/02/2020

» US car maker General Motors has confirmed that roughly 1,500 workers from its Thai operations will be laid off this year once Chinese maker Great Wall Motors takes ownership of the company's Rayong facilities.

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BUSINESS

TISI up on virus protection sales

Piyachart Maikaew, Published on 20/02/2020

» Thai Industries Sentiment Index (TISI) in January increased slightly to 92.2 points from 91.7 in December, thanks to massive sales of products for the virus protection, says the Federation of Thai Industries (FTI).

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BUSINESS

Car export tally lowest in 93 months

Business, Piyachart Maikaew, Published on 21/02/2020

» The country's car exports in January recorded the lowest volume in 93 months, totalling 65,295 cars, a sharp drop of 20% year-on-year as overall economic sentiment at import destinations remained downbeat from the US-China trade war.

BUSINESS

FTI: 19 sectors see virus impact

Business, Piyachart Maikaew, Published on 21/02/2020

» The Federation of Thai Industries (FTI) forecasts 19 industrial sectors will be affected by the coronavirus outbreak in terms of export volume and logistics systems from Thailand to China.

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BUSINESS

Mercedes-Benz preps BEV for next year

Business, Piyachart Maikaew, Published on 24/02/2020

» Mercedes-Benz Thailand plans to begin local production of the first battery electric vehicle (BEV), the EQC, in 2021 after the car maker agreed with the Board of Investment (BoI) to import the first batch to be sold here this year.

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THAILAND

Chevy Captiva owners demand payouts

News, Piyachart Maikaew, Published on 26/02/2020

» Roughly 100 owners of Chevrolet's Captiva model are calling on General Motors (GM) Thailand to pay them the 500,000 baht that was slashed from the model's price tag last week.

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BUSINESS

BMW leaves production plans unchanged

Business, Piyachart Maikaew, Published on 27/02/2020

» BMW Group Thailand is still optimistic about business plans for production, sales and exports in 2020 despite difficulties from the latest coronavirus outbreak.