Showing 1 - 10 of 28
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.
FTI lowers car output forecast to 2m
Business, Piyachart Maikaew, Published on 19/10/2019
» The Federation of Thai Industries (FTI) has lowered its outlook for the country's car production this year to 2 million vehicles from 2.15 million, blaming bearish sentiment for both local sales and exports.
Car production figures down
Piyachart Maikaew, Published on 18/10/2019
» The Federation of Thai Industries (FTI) has lowered its projection for automobile production in 2019 from 2.15 million units to 2 million, blaming a bearish sentiment in both local sales and exports.
MG Sales looks to Q4 revival
Business, Piyachart Maikaew, Published on 26/09/2019
» MG Sales Thailand is optimistic the overall car market will pick up in the fourth quarter amid a contraction in monthly car sales for three months in a row, saying each car distributor is launching new models to stimulate the local market.
Mazda trims forecast as economy buckles under pressure
Business, Piyachart Maikaew, Published on 19/09/2019
» Mazda Sales Thailand has cut its overall market forecast for the country in 2019 from 1.06 million cars sold to 1.04 million, citing myriad factors domestically and abroad.
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).
Car sales down in August, overall sales up
Piyachart Maikaew, Published on 17/09/2019
» Vehicle sales contracted in August for the third month in a row, largely on rejection of car loan applications under new guidelines, the Federation of Thai Industries (FTI) reported on Tuesday.
Toyota foresees dip in car market
Business, Piyachart Maikaew, Published on 04/09/2019
» Toyota Motor Thailand predicts the car market to decline further in the next few months because of low purchasing power from buyers and restricted auto loan approvals from banks.
Car sales down for second month
Piyachart Maikaew, Published on 22/08/2019
» Domestic car sales fell in July for the second straight month on loan rejections by local financial institutions, the Federation of Thai Industries (FTI) reported on Thursday.
Lower car sales on the cards
Business, Piyachart Maikaew, Published on 19/08/2019
» Overall car sales are expected to contract throughout the third quarter of 2019 after figures in July remained in the red for a second straight month, attributed to financial institutions tightening their car loan conditions in line with the Bank of Thailand's warning, say local distributors.