Showing 1 - 10 of 104
Sentiment dips again in May as layoffs unveiled
Business, Lamonphet Apisitniran, Published on 20/06/2024
» The industrial sector remains lacklustre as the Thai Industries Sentiment Index (TISI) continued to fall in May to 88.5 from 90.3 points, with 15,000 workers losing their jobs since early this year, according the Federation of Thai Industries (FTI).
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.
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).
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).
Manufacturing stagnant amid growing climate risks
Business, Lamonphet Apisitniran, Published on 31/05/2024
» Thailand's Manufacturing Production Index (MPI) is expected to remain flat or gain 1% year-on-year in 2024, with climate change among the risks threatening to affect the sector, says the Office of Industrial Economics (OIE).
2024 car output target could be trimmed
Lamonphet Apisitniran, Published on 24/05/2024
» The country's car manufacturing target for 2024 may be downgraded as production continues to dip, with a sluggish economy affecting car sales, according to the Federation of Thai Industries (FTI).
EV sales expected to miss target
Business, Lamonphet Apisitniran, Published on 18/04/2024
» Electric vehicle sales in Thailand are expected to miss the estimate of 130,000 units this year as prices are likely to keep changing, attributed to a price war among Chinese EV makers, says Hyundai Mobility Thailand, a subsidiary of the Korean automaker.
EV sales rise at motor show
Business, Lamonphet Apisitniran, Published on 02/04/2024
» Bookings for electric vehicles (EVs) are expected to keep growing throughout the Bangkok International Motor Show, thanks to the launch of new EV models and sales promotion campaigns, says the Federation of Thai Industries (FTI).
MPI declines for 17th month in a row
Business, Lamonphet Apisitniran, Published on 29/03/2024
» Thailand's Manufacturing Production Index (MPI) dipped for a 17th consecutive month in February, falling by 2.8% year-on-year to 99.2 points, as a result of lower manufacturing in key areas like the automotive industry, says the Office of Industrial Economics (OIE).
Toyota to make electric pickups in Thailand
Lamonphet Apisitniran, Published on 27/03/2024
» The Japanese automaker Toyota wants to benefit from the rapid growth of the electric vehicle (EV) industry in Thailand by manufacturing electric pickup trucks in the country, a move viewed by an industry observer as a fresh effort to revamp its development of zero-emission cars.