Showing 1 - 10 of 31
Buyer's market
Published on 02/09/2024
» More vehicles with fewer signs of wear entering the used car market is not always good news for sellers, although buyers certainly appreciate it.
Mercedes-Benz rolls out new electric models in Thailand
Business, Published on 27/08/2024
» Two newly launched Mercedes-Benz electric car models are making their way to Thai owners, overcoming challenges in the Thai automotive industry. The German luxury automaker remains confident in its growth within the domestic market, despite experiencing a downturn, attributing this optimism to customer trust in its electric mobility technology and design.
Motorcycle sales dip 10% in H1
Business, Lamonphet Apisitniran, Published on 24/07/2024
» Motorcycle sales fell by 10% year-on-year during the first half, with Thai Honda Co, a major motorcycle manufacturer and distributor, also experiencing a sales drop in the sluggish market.
Premium EV sales dip 35% in first half
Published on 23/07/2024
» Sales of premium electric vehicles (EVs) in Thailand plunged 35% year-on-year during the first half of this year, but German luxury car maker BMW remains positive about its EV sales, with newly launched models in the MINI family in Bangkok expected to thrill the public.
Thai economy faces upheaval due to factory closures and cheap Chinese imports
Published on 15/07/2024
» BANGKOK, Thailand - When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision.
Zeekr to launch EV range amid sales dip
Lamonphet Apisitniran, Published on 15/07/2024
» Domestic premium car sales plunged by 30% year-on-year during the first half amid the economic slowdown and intensifying competition, fuelled by more Chinese electric vehicles entering the Asian market as a result of the impact of the US-China trade war, says Zeekr Intelligent Technology, a Chinese EV maker under the Zeekr brand.
BYD acquires 20% stake in Thai dealer
Published on 06/07/2024
» The Chinese electric vehicle maker BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is the EV market leader, the companies said on Saturday.
Thai car buyers' preferences shifting
Business, Published on 28/06/2024
» Thai consumers' interest in purchasing battery electric vehicles (BEVs) has declined over the past year, while hybrid electric vehicles (HEVs) have emerged as strong contenders, almost on par with BEVs, a survey by the multinational consultancy Deloitte shows.
Motorbike sales fall as banks cut back on lending
Business, Lamonphet Apisitniran, Published on 27/06/2024
» Thailand's motorcycle manufacturing and sales are declining this year as the economy falters, attributed to high household debt and weak consumer purchasing power, says the Federation of Thai Industries (FTI).
Addressing the skills gap
Published on 17/06/2024
» Recent decisions by two Japanese automakers to close their plants in Thailand affect the country's standing as a leading global car producer, once dubbed the "Detroit of Asia".