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Search Result for “new year”

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BUSINESS

TCP targets Myanmar with plant

Business, Piyachart Maikaew, Published on 22/10/2019

» TOA-Chugoku Paints (TCP) has earmarked 500 million baht to construct its first overseas paint factory in Myanmar, expecting to capture demand from megaprojects.

BUSINESS

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.

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BUSINESS

Isuzu sticking with 2019 sales target

Business, Piyachart Maikaew, Published on 14/10/2019

» Tri Petch Isuzu Sales, the local distributor for the Japanese truck maker, is confident of achieving its 2019 sales target of 178,000 units amid many economic difficulties in Thailand's car market.

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BUSINESS

AP Honda prepares for new excise tax

Business, Piyachart Maikaew, Published on 27/09/2019

» AP Honda, the local distribution unit of the Japanese motorcycle brand, estimates retail price tags will rise by 300-1,000 baht as the new excise tax for motorcycles comes into effect from early 2020.

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BUSINESS

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.

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BUSINESS

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.

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BUSINESS

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.

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BUSINESS

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.

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BUSINESS

Siam GS Battery kicks off $10m Myanmar plant

Business, Piyachart Maikaew, Published on 02/09/2019

» Siam GS Battery, an affiliate of Siam Motors Group, has started operation of a battery charging plant in Myanmar with an investment of US$10 million, expecting to serve rapid growth of auto sales in that country.

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BUSINESS

Toyota group opens plant for recycling car batteries

Business, Piyachart Maikaew, Published on 31/08/2019

» Toyota Motor Thailand has opened a battery life cycle management plant in Chachoengsao, the first overseas facility outside Japan, to circulate batteries of hybrid cars sold in Thailand.