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Search Result for “car industry”

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BUSINESS

Sell-off continues as inflation fight stepped up

Business, Nuntawun Polkuamdee, Published on 24/09/2022

» RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.

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BUSINESS

Domestic car sales jump 61% y/y in August

Reuters, Published on 22/09/2022

» Domestic car sales surged 61.72% in August from a year earlier to 68,208 units, helped by an easing of Covid-19 curbs and a low baseline last year, the Federation of Thai Industries (FTI) said on Thursday.

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BUSINESS

Hertz to buy some 175,000 GM EVs through 2027

AFP, Published on 21/09/2022

» NEW YORK: US rental car giant Hertz will buy up to 175,000 electric vehicles from General Motors by the end of 2027, the companies announced Tuesday, as the auto industry grapples with concerns over climate change and petroleum dependency.

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BUSINESS

PTT shifts gear to the EV industry

Business, Yuthana Praiwan, Published on 17/09/2022

» National oil and gas conglomerate PTT Plc wants to revamp its corporate image as a key manufacturer in the growing electric vehicle (EV) industry.

BUSINESS

Tesla Shifts Battery Strategy as It Seeks U.S. Tax Credits

Business, Published on 16/09/2022

» Tesla Inc. is pausing its plans to make battery cells in Germany as it looks at qualifying for U.S. electric vehicle and battery manufacturing tax credits, people familiar with the matter said.

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BUSINESS

Firms gear up for EV drive

Business, Published on 12/09/2022

» Among the 12 targeted S-curve industries at the core of the Eastern Economic Corridor (EEC) scheme, the electric vehicle (EV) industry is usually first on the list.

BUSINESS

ASPS touts SCB's strong outlook

Business, Nuntawun Polkuamdee, Published on 12/09/2022

» Siam Commercial Bank (SCB), Thailand's oldest lender, is viewed as an outstanding stock to watch given its fintech business expansion and high-yield lending services, according to Asia Plus Securities (ASPS).

BUSINESS

iPhone 14 models hit the market on Sept 16

Suchit Leesa-nguansuk, Published on 09/09/2022

» Thailand has been promoted to Apple’s first-tier of rollout markets with availability of the new iPhone 14 lineup scheduled for Sept 16, in a move that industry pundits say signifies the importance of the country for the US tech giant in terms of sales.

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BUSINESS

Americans Snap Up Teslas, Bentleys as the Luxury-Auto Market Booms

Business, Published on 09/09/2022

» More Americans are opting to buy luxury vehicles than ever before, a shift fueled by cash-rich buyers who were able to bank savings during the pandemic and growing wealth among shoppers in the upper-income brackets.

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BUSINESS

Bitcoin 'revolution' a work in progress

Published on 03/09/2022

» El Salvador President Nayib Bukele took the stage to fireworks, announcing to a cheering crowd of crypto enthusiasts at a beachside confab that Bitcoin would revolutionise his country.