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BUSINESS

Domestic car sales up

Piyachart Maikaew, Published on 24/07/2019

» The local car market posted 523,770 units sold in the first half of 2019, up 7.08% year-on-year, led by the top three brands - Toyota, Isuzu and Honda, according to the sales volume report from Toyota Motors Thailand.

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BUSINESS

The coming storm

Business, Piyachart Maikaew, Published on 22/07/2019

» It's been over two years since the government laid a foundation for electric vehicle (EV) production in the country. The scheme has garnered 20-30 investment applications, covering car assembly, vital parts manufacturing and EV charging stations.

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BUSINESS

Motorbike demand expected to surge before excise tax hike

Business, Piyachart Maikaew, Published on 19/07/2019

» As the excise tax for motorcycles will increase from January 2020, demand is expected to rise in the second half of this year, says BMW Motorrad, the German motorcycle maker.

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BUSINESS

FTI gloom over car sales amid strict loans

Business, Piyachart Maikaew, Published on 19/07/2019

» The Federation of Thai Industries (FTI) forecasts local car sales to decline in the next few months, blaming strict loan approvals from financial institutions and bearish economic sentiment.

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BUSINESS

MGC adds Peugeot to its import stable

Business, Piyachart Maikaew, Published on 18/07/2019

» Master Group Corporation Asia (MGC), a local provider of automobile services, has been appointed by French car maker Groupe PSA to be the authorised importer and distributor of Peugeot cars in Thailand.

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BUSINESS

ERC stands pat on fuel tariff rate

Piyachart Maikaew, Published on 11/07/2019

» The Energy Regulatory Commission (ERC) on Thursday approved the continuation of the fuel tariff (Ft) rate of 3.64 baht per kilowatt-hour for September-December, the third period of 2019.

BUSINESS

Car makers optimistic about sales

Business, Piyachart Maikaew, Published on 27/06/2019

» Car makers are confident that there will be healthy growth in the local market for the rest of the year despite pressure from the US-China trade dispute.

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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).