Showing 51 - 60 of 223
Pickup sales hit by faltering economy
Business, Lamonphet Apisitniran, Published on 26/06/2024
» Domestic car sales continue to be a concern, with pure pickup sales plummeting by 40.8% in the first five months of 2024 and likely to keep falling, attributed to a sluggish economy and restricted access to loans, says the Federation of Thai Industries (FTI).
Chinese automakers retain grip over Southeast Asia's EV market
Reuters, Published on 21/06/2024
» Electric vehicle (EV) sales are surging in Southeast Asia, led by China's BYD (Build Your Dreams) and Vietnam's VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday.
Perks to cover battery refurbishment
Published on 18/06/2024
» Thailand continues to fuel the growth of its electric vehicle supply chain, with the latest investment incentives focusing on the repair and refurbishment of used EV batteries, says the Board of Investment (BoI).
FTI urges auto parts producers to diversify
Lamonphet Apisitniran, Published on 18/06/2024
» Local auto parts manufacturers are being urged to adapt to the technological disruption caused by electric vehicles (EVs) and transition to the production of medical devices, which are expected to have a promising business future, says the Federation of Thai Industries (FTI).
Addressing the skills gap
Published on 17/06/2024
» Recent decisions by two Japanese automakers to close their plants in Thailand affect the country's standing as a leading global car producer, once dubbed the "Detroit of Asia".
Association sees uptick in used car market
Business, Lamonphet Apisitniran, Published on 14/06/2024
» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.
Chinese EV makers' price wars will sow doubts over quality
South China Morning Post, Published on 13/06/2024
» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.
Auto loan rejections hurting industry
Lamonphet Apisitniran, Published on 11/06/2024
» Auto loans from banks are probably 100-200 billion baht lower than expected so far this year because of concerns over non-performing loans, which threatens to affect the entire automotive supply chain, according to the Federation of Thai Industries (FTI).
PM not worried by Suzuki Motor exodus
Published on 08/06/2024
» Prime Minister Srettha Thavisin has expressed confidence that other auto manufacturers will not withdraw their production bases from Thailand, following the decision of Suzuki Motor Corporation to do so.
Premium cars cannot avoid plunge in sales
Business, Lamonphet Apisitniran, Published on 08/06/2024
» The decline in domestic car sales is having a broad impact on the automotive industry, even dampening the premium car segment, which typically resists downturns in consumer spending, according to Mercedes-Benz (Thailand).