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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

Scania facility set to deliver sales growth

Business, Piyachart Maikaew, Published on 06/02/2019

» Swedish bus and truck maker Scania AB expects significant growth in local sales and exports after an 800-million-baht assembly plant in Samut Prakan began full operations in the fourth quarter of 2018.

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BUSINESS

Aapico inks joint venture for Vietnam parts assembly

Business, Piyachart Maikaew, Published on 13/06/2018

» SET-listed auto parts maker Aapico Hitech Plc expects a new joint venture in Vietnam to contribute 30% of its revenue from 2019 onward, saying the Vietnam government is keen to develop car assembly over the long term.

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BUSINESS

Toyota head aims to steer EV market

Business, Piyachart Maikaew, Published on 29/11/2017

» The government policy to promote the country's automotive industry as a hub for electric vehicles (EV) has Toyota Motor Thailand, the local unit of the Japanese car maker, optimistic about future hybrid car manufacturing here.

BUSINESS

EVs will disrupt market in long term

Business, Piyachart Maikaew, Published on 17/11/2017

» In the future electric vehicles (EVs) are expected to create a major impact on the Thai auto parts industry, says SET-listed auto parts maker Aapico Hitech Plc (AH).

BUSINESS

Bridgestone tags Thailand as Asia hub

Business, Piyachart Maikaew, Published on 23/10/2017

» Japan-based Bridgestone Corporation, the world's largest tyre maker, remains confident about its Thai business becoming the regional hub of Asia-Pacific in the long run.

BUSINESS

Cho Thavee shifts to service centres

Business, Piyachart Maikaew, Published on 15/03/2017

» MAI-listed bus and truck assembler Cho Thavee Plc plans to invest about 600 million baht in service centres nationwide mainly to serve heavy-duty trucks and buses.

BUSINESS

AP Honda sees tepid sales

Business, Piyachart Maikaew, Published on 23/12/2014

» The motorcycle market is likely to grow by just 2-3% in 2015 as purchasing power remains weak, says AP Honda Co, the local distributor of Honda motorcycles.