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Search Result for “car market”

Showing 1 - 9 of 9

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BUSINESS

Western slowdown to weigh on Thai production

Business, Ranjana Wangvipula, Published on 30/03/2023

» Thai exports are likely to be indirectly affected by banking problems in the US and Europe, slowing an already sluggish sector and causing a drop in the Manufacturing Production Index (MPI), according to the Office of Industrial Economics (OIE).

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NEWS

Car output on target despite flooding

Business, Ranjana Wangvipula, Published on 25/11/2022

» Flooding affected domestic car sales in October, with volume decreasing in many categories, but the drop will not cause Thailand's car manufacturing to fall short of its 2022 target, says the Federation of Thai Industries (FTI).

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NEWS

Small player EV Primus preps electric car supermarket

Business, Ranjana Wangvipula, Published on 25/10/2022

» EV Primus Co, the distributor of China's second-largest automaker DFSK (Dongfeng), is planning to set up an "EV supermarket" for motorists with varied lifestyles as it strives to compete in the electric vehicle market.

NEWS

BYD set to pursue state EV incentives

Business, Ranjana Wangvipula, Published on 10/09/2022

» BYD is expected to be the latest Chinese automaker to take up the government's electric vehicle (EV) incentives when its sole distributor Rever Automotive Co signs an agreement with the Excise Department later this month for a tax reduction and subsidy that make the firm's "new energy vehicles" more affordable for Thai buyers.

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PROPERTY

WHA Group eyes automakers

Business, Ranjana Wangvipula, Published on 09/09/2022

» WHA Group is targeting Chinese automaker BYD for industrial land sales as the company aims to operate a battery electric vehicle (BEV) assembly plant here in 2024, while hoping to establish an EV production base in Rayong.

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NEWS

Bevy of factors cut car output

Business, Ranjana Wangvipula, Published on 26/08/2022

» The Federation of Thai Industries (FTI) has downgraded Thailand's total car manufacturing target to 1.75 million units this year as its estimate of more production for domestic sales cannot offset a drop in exports amid geopolitical conflicts and lower consumer purchasing power.

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BUSINESS

Inoue Rubber meets needs of the EV era

Business, Ranjana Wangvipula, Published on 26/05/2021

» The Thai government's promotion of electric vehicle (EV) production is forcing SET-listed rubber auto parts manufacturer Inoue Rubber Thailand to adopt a technology-intensive approach to create products that better match the latest in EV designs.

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BUSINESS

IRC tyre producer has faith in buyers

Business, Ranjana Wangvipula, Published on 12/12/2020

» A sharp drop in revenue during the pandemic was common among car and auto parts makers, but Inoue Rubber Thailand, a motorcycle tyre manufacturer operating under the IRC brand, remains upbeat.

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BUSINESS

Mitsubishi stays committed to Thai EV drive

Business, Ranjana Wangvipula, Published on 02/07/2018

» Toshinaga Kato smiled as he thought back to 2009, when Mitsubishi Motors became the world's first company to start large-scale production of electric vehicles (EVs).