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Search Result for “car slump”

Showing 1 - 10 of 276

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MOTORING

French Tesla customers sue over brand becoming 'extreme right'

AFP, Published on 11/06/2025

» PARIS — Around 10 French clients with leases on Teslas are suing the US carmaker, run by Elon Musk, because they consider the vehicles to be "extreme-right" symbols, the law firm representing them said on Wednesday.

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MOTORING

Chinese carmakers near 10% UK share after fivefold BYD surge

Bloomberg News, Published on 05/06/2025

» LONDON — Chinese automakers stepped up their push into the United Kingdom (UK) last month, closing in on a 10% market share for the first time as demand for BYD (Build Your Dreams) Co electric models continues to boom.

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GENERAL

Local industrial output up after 9-month decline

Wichit Chantanusornsiri, Published on 01/06/2025

» Industrial output has turned positive for the first time in nine months, with the automotive sector rebounding after a 21-month slump, says Deputy Finance Minister Paopoom Rojanasakul.

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MOTORING

Tesla EU sales slump 52% in April

AFP, Published on 27/05/2025

» PARIS — Sales of cars made by Elon Musk's Tesla slumped by more than half in April as Chinese electric carmakers saw their share surge, the continent's manufacturing association said Tuesday.

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GENERAL

Thai consumer spending tightens

Business, Post Reporters, Published on 26/05/2025

» Quiet tourist attractions with fewer guests and complaints from local merchants about stagnant purchasing power have become more pronounced, as the Thai economy braces for another slump in the second quarter, which is typically a low season for spending.

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GENERAL

Is the EV sector losing its drive?

Business, Lamonphet Apisitniran, Published on 26/04/2025

» Whether the number of locally made electric vehicles (EVs) increases year-on-year remains murky as domestic car sales have slumped since the start of the year.

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GENERAL

Equities savaged as China retaliation to Trump tariffs fans trade war

AFP, Published on 07/04/2025

» HONG KONG - Asian markets collapsed Monday after China hammered the United States with its own hefty tariffs, ramping up a trade war that many fear could spark a recession.

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MOTORING

BYD sales pass $100 billion, topping Tesla

Published on 25/03/2025

» Sales of BYD last year surpassed $100 billion, leapfrogging rival Tesla, as the Chinese auto giant wows consumers with a range of electric and hybrid cars packed with high-tech features.

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MOTORING

Thai auto industry shows signs of revival amid slump

Reuters, Published on 25/03/2025

» Thailand’s auto industry faces a slow and painful recovery from a prolonged slump even with government support, three executives and an industry group said on Tuesday.

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MOTORING

Thailand offers guarantee for pickup truck loans

Reuters, Published on 21/03/2025

» The government is offering a guarantee for loans for pickup trucks, a key segment of its car manufacturing industry, as it seeks to boost a flagging autos sector that saw production slump to a four-year low last year.