Showing 1 - 10 of 91
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.
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.
Car sales down 11% y/y
Piyachart Maikaew, Published on 20/11/2019
» Car sales fell in October year-on-year, totalling at 77,121 units, down by 11.3% on the same month in 2018, the Federation of Thai Industries announced on Wednesday.
Nissan readies 3-year, B10bn spending plan
Business, Piyachart Maikaew, Published on 16/11/2019
» Nissan Motor Thailand plans to assign 10 billion baht for a three-year business plan to increase production capacity and develop new vehicles at its facilities in Samut Prakan.
B.Grimm's Korean projects firming up
Business, Piyachart Maikaew, Published on 15/11/2019
» SET-listed B.Grimm Power Plc expects to conclude development plans for new power projects in South Korea by December after forging partnerships with two local companies during 2018-19.
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.
Tightened loans, trade row hit car sales
Business, Piyachart Maikaew, Published on 23/08/2019
» Thailand's automotive industry expects cloudy sentiment the next few months as it suffers from myriad negative factors like restricted auto loan approvals from banks and an intense trade war between the US and China, says the Federation of Thai Industries.
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.
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).