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Search Result for “car sales”

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GENERAL

Big Tech sell-off takes toll on Asian equities

Business, Published on 27/07/2024

» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.

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LIFE

Guru's Weekly Buzz: July 26-Aug 1

Guru, Published on 26/07/2024

» Guru By Bangkok Post's pick of the most exciting products, activities, food and travel to indulge in. 

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MOTORING

China doubles cash subsidies to propel EV sales as economic growth falls short

South China Morning Post, Published on 26/07/2024

» HONG KONG - Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate the transition of the domestic automotive industry.

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MOTORING

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.

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MOTORING

Car production drops sharply, local sales fall

Reuters, Published on 25/07/2024

» Car production in Thailand fell 20.11% in June from a year earlier due to tighter financing rules and high consumer debt, and full-year production is now expected to be lower than in 2023, the Federation of Thai Industries (FTI) said on Thursday.

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THAILAND

High-spec Porsche Cayenne S E-Hybrid Coupe launched in Thailand

Published on 24/07/2024

» Porsche has introduced its new Cayenne S E-Hybrid Coupe, the ASEAN-built Porsche that offers Thai customers higher specifications as well as more attractive pricing. 

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MOTORING

Premium EV sales dip 35% in first half

Published on 23/07/2024

» Sales of premium electric vehicles (EVs) in Thailand plunged 35% year-on-year during the first half of this year, but German luxury car maker BMW remains positive about its EV sales, with newly launched models in the MINI family in Bangkok expected to thrill the public.

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GENERAL

Profits of 10 listed banks for H1 rise 3.7% to B126.4bn

Somruedi Banchongduang, Published on 23/07/2024

» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.

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MOTORING

GAC Aion upbeat on EV market prospects

Lamonphet Apisitniran, Published on 22/07/2024

» GAC Aion New Energy Automobile, an electric vehicle manufacturer under Guangzhou Automobile Corporation (GAC), expects to gain benefits from the continual growth of Thailand's EV market, following the recent opening of a 2.3-billion-baht EV assembly plant in Rayong.

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GENERAL

Banks' Q2 earnings estimated at B61bn

Business, Nuntawun Polkuamdee, Published on 19/07/2024

» Analysts expect banks to report combined earnings of 61 billion baht in the second quarter, down 2% from three months earlier and flat from the corresponding period last year, due to lower interest rate income, slowing lending and interest rate cuts to help retail customers.