Showing 1 - 10 of 74
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.
Car export tally lowest in 93 months
Business, Piyachart Maikaew, Published on 21/02/2020
» The country's car exports in January recorded the lowest volume in 93 months, totalling 65,295 cars, a sharp drop of 20% year-on-year as overall economic sentiment at import destinations remained downbeat from the US-China trade war.
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.
MGC growth plan mulls 2 new ventures
Business, Piyachart Maikaew, Published on 07/02/2020
» Master Group Corporation Asia (MGC), a local automobile distributor, is considering adding new businesses -- car-sharing and automated parking -- to beef up 2020 revenue to 30 billion baht, a 10-15% rise.
Tri Petch Isuzu glum on car market
Business, Piyachart Maikaew, Published on 06/02/2020
» Tri Petch Isuzu Sales, the local distributor for the Japanese truck maker, is downbeat on Thailand's 2020 car market, which it sees falling 7.7% to 930,000 units sold due to economic difficulties such as bearish exports, the baht's appreciation and the delayed fiscal budget.
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.
FTI has modest view for 2020 output
Business, Piyachart Maikaew, Published on 23/01/2020
» The Federation of Thai Industries (FTI) has a conservative outlook for car production in 2020, staying at 2 million units because of many global economic difficulties.
FTI: Car sales slump as headwinds abound
Business, Piyachart Maikaew, Published on 18/09/2019
» Thailand's automotive industry is suffering from myriad negative factors, including lower GDP growth, rising US-China trade tensions and pressure on local sales and exports, says the Federation of Thai Industries (FTI).
Toyota: Car market wobbly
Business, Piyachart Maikaew, Published on 25/07/2019
» Toyota Motor Thailand forecasts the country's car market in the second half will suffer from uncertainty, but the manufacturer has yet to cut its 2019 market projection of 1 million units sold.
PTT, Gulf team up on EEC ports
Business, Piyachart Maikaew, Published on 04/04/2019
» PTT Plc, the national oil and gas conglomerate, is wagering on a consortium with Gulf Energy Development Plc to develop two megaprojects in the flagship Eastern Economic Corridor (EEC), saying the companies could create good synergy in the long run.