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Search Result for “car production”

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WORLD

Rare earth production outside China 'major milestone'

AFP, Published on 23/05/2025

» An Australian firm's production of a heavy rare earth, a first outside of China, is a "major milestone" in diversifying a critical supply chain dominated by Beijing, experts say.

MOTORING

High household debt dents auto sector

Lamonphet Apisitniran, Published on 23/05/2025

» Thailand's automotive industry remains volatile as household debt is still elevated, though domestic vehicle sales managed to rise slightly in April for the first time in 23 months, according to the Federation of Thai Industries (FTI).

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MOTORING

Thai car sales rise for first time in 23 months

Published on 22/05/2025

» Domestic car sales in Thailand rose in April rose for the first time in 23 months, the Federation of Thai Industries said on Thursday, though production and exports extended their run of declines.

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MOTORING

Honda to scale back on EVs, Nissan plans workforce reduction

Reuters, Published on 20/05/2025

» TOKYO — Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles (EVs) given slowing demand and would be focusing on capturing growing demand for hybrids with new models.

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GENERAL

Index dips to lowest level since October 2024

Business, Lamonphet Apisitniran, Published on 20/05/2025

» The Thai Industries Sentiment Index (TISI) fell to 89.9 points in April, the lowest level since October 2024, due to a raft of factors ranging from US President Donald Trump's tariff policy to the Songkran holiday, said the Federation of Thai Industries (FTI).

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MOTORING

Call for light touch on missed EV targets

Lamonphet Apisitniran, Published on 19/05/2025

» Electric vehicle (EV) manufacturers in Thailand are calling on the government to maintain subsidies and cancel fines for those failing to meet state production targets as the automotive industry slows to a crawl.

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MOTORING

Neta Auto banks on new investors

Published on 15/05/2025

» A new investor group is expected to take over debt-ridden Neta Auto, looking to revive the Chinese battery electric vehicle (BEV) maker in China and Thailand, says the head of the local subsidiary.

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GENERAL

SET rebounding after a bumpy April

Business, Published on 10/05/2025

» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.

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MOTORING

Ford sees $1.5 billion tariff hit this year, suspends 2025 forecast

AFP, Published on 06/05/2025

» NEW YORK — Ford reported a 65% drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty.

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GENERAL

Trump vs Toyota? Why US cars are a rare sight in Japan

AFP, Published on 02/05/2025

» FUKAYA (JAPAN) - With their sleek curves and chrome grilles, the classic American cars on sale at Yosuke Fukuda's yard ooze Californian cool but on Japanese roads new US vehicles are a rare sight -- much to President Donald Trump's annoyance.