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Search Result for “car giant”

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GENERAL

Asian shares dip as Wall Street rally stalls

Business, Published on 27/09/2025

» RECAP: Most Asian markets retreated on Friday amid end-of-quarter repositioning by investors, after concerns about high valuations and mixed signals from US Federal Reserve officials on interest rates stalled a record-breaking rally on Wall Street.

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GENERAL

Hong Kong to welcome 1.5 million mainland Chinese visitors for National Day break

Published on 19/09/2025

» Hong Kong can expect 1.5 million mainland Chinese visitors over the National Day "golden week" break, a 10% rise from last year, a tourism industry leader has said, with the city set to offer celebratory discounts, ranging from transport to movie tickets, for the occasion.

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MOTORING

Luxury carmaker Lotus to slash UK jobs amid US tariffs

AFP, Published on 29/08/2025

» LONDON — Chinese-owned luxury carmaker Lotus said Thursday that it planned to cut up to 550 UK jobs, in part over uncertainty caused by US President Donald Trump's tariffs.

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GENERAL

The Gleamers: How Asia’s play-focused consumers are reshaping commerce

Online Reporters, Published on 26/08/2025

» Asia is experiencing a unique demographic convergence. By 2050, the region will house one in four of the world’s seniors (over 60) as well as 60% of its young people. This generational mix is creating a powerful new consumer archetype that transcends age: “The Gleamers”.

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GENERAL

Chinese carmakers reduce discounts after Beijing's warning, but no end in sight to price war

Published on 08/08/2025

» Chinese carmakers have refrained from offering steep discounts to align with Beijing's efforts to protect a vital industry, but an end to the prolonged price war remains elusive, as the sector grapples with overcapacity and weak consumer demand for high-ticket items.

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MOTORING

Thailand car production rises 12%

Reuters, Published on 24/07/2025

» Car production in Thailand rose for a second straight month in June, up 11.98% from a year earlier to 130,223 units, the Federation of Thai Industries (FTI) reported on Thursday.

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INVESTMENT

Trade deal optimism lifts Asian shares

Published on 28/06/2025

» RECAP: Most Asian stock markets rose on Friday, and a gauge of global equities reached another record high, on trade-deal optimism and increased expectations for US interest-rate cuts this year.

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MOTORING

Carmakers GM, Tesla and Ford lead list of US companies in China exposure

South China Morning Post, Published on 27/06/2025

» General Motors (GM), one of America's top carmakers, leads US companies in its exposure to China, perched in a delicate position as bilateral trade tensions persist amid US President Donald Trump's steep 55% tariffs on Chinese imports, according to a research report published this week.

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MOTORING

Thailand car production rises for first time in nearly 2 years

Reuters, Published on 24/06/2025

» Car production in Thailand rose 10.32% in May from a year earlier, with the first annual rise in 22 months helped by higher pickup truck output for export markets, the Federation of Thai Industries (FTI) said on Tuesday.

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LIFE

CentralWorld transforms into B.Duck carnival park

Life, Patcharawalai Sanyanusin, Published on 24/06/2025

» CentralWorld has transformed Square A and B into a theme park for the "B.Duck 20th Playful World – City Funs Carnival", which brings fun rides and creative games to Thai fans, until July 18.