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Search Result for “current market”

Showing 1 - 10 of 110

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BUSINESS

BMW leaves production plans unchanged

Business, Piyachart Maikaew, Published on 27/02/2020

» BMW Group Thailand is still optimistic about business plans for production, sales and exports in 2020 despite difficulties from the latest coronavirus outbreak.

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BUSINESS

GM to lay off 1,500 staff in Rayong

Business, Piyachart Maikaew, Published on 19/02/2020

» US car maker General Motors has confirmed that roughly 1,500 workers from its Thai operations will be laid off this year once Chinese maker Great Wall Motors takes ownership of the company's Rayong facilities.

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BUSINESS

Toyota reels from strong baht but still banks on local plants

Business, Piyachart Maikaew, Published on 24/01/2020

» Toyota Motor Thailand is feeling the pinch of baht appreciation and has a negative outlook on car and auto part exports in 2020.

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BUSINESS

Scania to miss target as market shrinks

Business, Piyachart Maikaew, Published on 22/11/2019

» Scania Siam, the local distribution arm of the Swedish bus and truck maker, says the company is unlikely to meet its sales target for 2019 because of a contraction in Thai commercial vehicle sales.

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BUSINESS

Local Mazda plant slashes overtime

Business, Piyachart Maikaew, Published on 13/11/2019

» Mazda's operation in Thailand has reduced its overtime payments for local workers as it production plan for this year decreased in line with lower exports and domestic sales, attributed to the US-China trade war.

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BUSINESS

Toyota anticipates decade of electric cars

Business, Piyachart Maikaew, Published on 12/11/2019

» Toyota Motor Corporation expects in the next decade people will gear up for sales of electrified vehicles, covering four categories: hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

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BUSINESS

Borneo upbeat despite weak economy

Business, Piyachart Maikaew, Published on 21/10/2019

» Borneo Technical Thailand, a distributor and trader of industrial and automotive products, aims to increase revenue by 8-10% in fiscal 2019 ending next March amid a weak domestic economy.

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BUSINESS

Agency urges government to step up EV development

Business, Piyachart Maikaew, Published on 28/08/2019

» The Electric Vehicle Association of Thailand (EVAT) is calling for the government to take more serious action in developing the country's electric vehicle (EV) roadmap to create a local market that can catch up with rapid improvements in electrified cars globally.

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BUSINESS

Toyota reworks van range to compete

Business, Piyachart Maikaew, Published on 22/08/2019

» Toyota Motor Thailand (TMT) is upbeat on local sales of premium vans to compete with the two dominant Korean brands in the segment, Hyundai and Kia.

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BUSINESS

Motorbike demand expected to surge before excise tax hike

Business, Piyachart Maikaew, Published on 19/07/2019

» As the excise tax for motorcycles will increase from January 2020, demand is expected to rise in the second half of this year, says BMW Motorrad, the German motorcycle maker.