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BUSINESS

GM to axe 500 jobs in restructuring

Business, Piyachart Maikaew, Published on 16/07/2015

» General Motors Thailand is cutting 500 jobs from the current 3,000 as part of a strategic plan announced in late February to restructure its Thai operations.

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BUSINESS

New excise tax won't hurt PPV sales

Business, Piyachart Maikaew, Published on 17/07/2015

» Japanese car maker Toyota Motor Thailand expects the passenger pickup vehicle (PPV) market to remain healthy despite the 5-10% rise in the price of vehicles, or more than 100,000 baht, next year due to the new excise tax.

BUSINESS

Jaguar Land Rover mulls Asean plant

Business, Piyachart Maikaew, Published on 18/07/2015

» Jaguar Land Rover Automotive is looking at the feasibility of an assembly plant in Asean, with Thailand and Malaysia on the shortlist.

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BUSINESS

FTI slashes car sales to 850,000 units

Business, Piyachart Maikaew, Published on 22/07/2015

» Poor economic prospects have prompted the Federation of Thai Industries (FTI) to officially cut its domestic car sales projection to 850,000 units this year, marking a contraction for three years in a row.

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BUSINESS

TSL relies on after-sales service to head off rivals

Business, Piyachart Maikaew, Published on 09/05/2015

» Luxury car importer TSL Auto Corporation plans to focus more on after-sales service and new branches this year rather than sales stimulation in a move to stave off growing competition.

BUSINESS

NDR upbeat about revenue

Business, Piyachart Maikaew, Published on 17/06/2015

» MAI-listed tyre manufacturer ND Rubber Plc (NDR) remains confident of a revenue increase this year despite its sluggish performance in the first quarter.

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BUSINESS

Eco-cars propel auto exports

Business, Piyachart Maikaew, Published on 26/05/2015

» Thailand's automobile exports continued to rise last month, driven by eco-cars, helping to offset tepid domestic sales.

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BUSINESS

Auto parts makers predict export bounce after poor Q1

Business, Piyachart Maikaew, Published on 25/05/2015

» Auto parts exporters remain confident that shipments will grow this year despite a first-quarter contraction.

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BUSINESS

Testing centre coming at last

Business, Piyachart Maikaew, Published on 28/05/2015

» The long-delayed automotive testing centre looks set to get off the ground, with the cabinet expected to approve financial support within the next three months.

BUSINESS

Aapico trims view as car output slows

Business, Piyachart Maikaew, Published on 29/05/2015

» SET-listed auto parts maker Aapico Hitech Plc (AH) has cut its sales outlook for the year after first-quarter results were lower than expected.