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BUSINESS

Partner to power BMW EVs

Business, Piyachart Maikaew, Published on 21/06/2019

» DTS Draexlmaier Automotive System Thailand will start high-voltage battery production in July, with a plan to supply the output to the BMW plant in Rayong for the manufacture of plug-in hybrid electric vehicles (EVs), says BMW Group Thailand.

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BUSINESS

FTI: Agriculture stimulus needed for growth

Business, Piyachart Maikaew, Published on 14/06/2019

» The new government is being urged to stimulate the country's agricultural sector because crop prices remain low and farmers have limited purchasing power in the local market, says the Federation of Thai Industries (FTI).

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BUSINESS

Vehicle sales up 3.7% in sluggish May

Business, Piyachart Maikaew, Published on 14/06/2019

» Car sales growth is likely to slow in the second half as the local market sees fewer model launches to attract buyers and the political picture remains opaque to car makers, says the automotive industry club of the Federation of Thai Industries (FTI).

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BUSINESS

May auto output dips on export slowdown

Piyachart Maikaew, Published on 13/06/2019

» Automotive output in May dropped by 6.11% year-on-year to 181,338 units on an export slowdown, the Federation of Thai Industries (FTI) said on Thursday.

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BUSINESS

More stimulus urged despite industrial sentiment uptick

Piyachart Maikaew, Published on 13/06/2019

» The Federation of Thai Industries (FTI) has urged the new government to speed up its economic stimulus measures to sustain investors' confidence after the general election.

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BUSINESS

Toyota launches new Commuter van

Business, Piyachart Maikaew, Published on 12/06/2019

» Toyota Motor Thailand remains keen to capture Thailand's van market, expecting to sell 9,600 vans in 2019, up 23%, as the government clamps down on fixed-route public vans.

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BUSINESS

Bloomberg downbeat on Asean EVs

Business, Piyachart Maikaew, Published on 05/06/2019

» Bloomberg New Energy Finance (BNEF) forecasts prices of electric vehicles (EVs) such as cars, motorcycles and commercial vehicles remain unaffordable for individual buyers in Southeast Asia, including Thailand.

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BUSINESS

Mercedes still bullish on full year

Business, Piyachart Maikaew, Published on 01/06/2019

» Mercedes-Benz Thailand, the local arm of the German luxury car maker, is confident of tremendous growth in local sales this year, downplaying a flat performance in the first four months.

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BUSINESS

Auto exports at two-year low

Piyachart Maikaew, Published on 23/05/2019

» The Federation of Thai Industries reported on Thursday Thailand exported 67,114 vehicles in April, down by 7.5% year-on-year, representing the lowest volume in 24 months.

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BUSINESS

SAIC Motor-CP ready for local EVs

Business, Piyachart Maikaew, Published on 16/05/2019

» Thai-Chinese carmaker SAIC Motor-CP has committed to investing in assembly production for two versions of electric vehicles (EVs) -- plug-in hybrids and battery EVs -- at its facility in Chon Buri, even though all China-made EVs are now imported without tariffs under the Asean-China free trade agreement.