Showing 1 - 10 of 17
Tourism uptick expected to lift motorcycle sales
Lamonphet Apisitniran, Published on 02/09/2024
» A more active tourism sector later this year is expected to lift the domestic motorcycle market, which struggled with sluggish sales during the first seven months of 2024, says the Federation of Thai Industries (FTI).
Car sales fall 20.5% in July amid debt, growth worries
Lamonphet Apisitniran, Published on 27/08/2024
» Domestic car sales remained sluggish in July with a year-on-year drop of 20.5%, attributed to high levels of household debt and slow economic growth, says the Federation of Thai Industries (FTI).
Nissan plans to focus Thai production on hybrid cars
Business, Lamonphet Apisitniran, Published on 06/08/2024
» Japanese automaker Nissan Motor Thailand will focus more on manufacturing hybrid electric vehicles (HEV) in Thailand, following the Board of Investment's (BoI) launch of an investment incentive package to promote HEV manufacturing.
Ford requests help for combustion engine segment
Business, Lamonphet Apisitniran, Published on 02/08/2024
» Ford Thailand is requesting the government step up efforts to help companies in the internal combustion engine (ICE) car segment, particularly motorcycle manufacturers, as they are not able to quickly adjust to the changes caused by the fast-growing electric vehicle (EV) market.
New calculation seen likely to boost MPI
Business, Lamonphet Apisitniran, Published on 01/08/2024
» The Manufacturing Production Index (MPI) is expected to increase in the second half of this year if four growing industries -- solar panels, solid state technology, smart electronics and electric vehicles -- are included in the MPI calculation, says the Office of Industrial Economics (OIE).
Thailand cuts car manufacturing target to 1.7m in 2024
Business, Lamonphet Apisitniran, Published on 26/07/2024
» Months-long sluggish car sales have caused the Federation of Thai Industries (FTI) to reduce its car manufacturing target for 2024 to 1.7 million units, down from 1.9 million units.
Motorcycle sales dip 10% in H1
Business, Lamonphet Apisitniran, Published on 24/07/2024
» Motorcycle sales fell by 10% year-on-year during the first half, with Thai Honda Co, a major motorcycle manufacturer and distributor, also experiencing a sales drop in the sluggish market.
Thai economy faces upheaval due to factory closures and cheap Chinese imports
Published on 15/07/2024
» BANGKOK, Thailand - When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision.
EV insurance in the driver's seat
Published on 08/07/2024
» Electric vehicle insurance has emerged as a crucial factor that could shape the future of Thailand's burgeoning EV industry.
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".