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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.

BUSINESS

AP Honda predicts excise price hike

Business, Piyachart Maikaew, Published on 17/05/2019

» AP Honda forecasts that the new excise tax for motorcycles, effective from 2020, could add 200-10,000 baht to retail prices, depending on model size.

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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.

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BUSINESS

Parts replacement in region attracts Aisin

Business, Piyachart Maikaew, Published on 15/05/2019

» Aisin Asia Thailand, the auto parts distributor of Japan's Aisin Group, has announced a three-year plan to achieve 2 billion baht in annual revenue by 2022, emphasising parts distribution in the replacement market in Thailand and neighbouring countries.

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BUSINESS

EV group urges changes to 3-wheeler laws

Business, Piyachart Maikaew, Published on 10/05/2019

» The Electric Vehicle Association of Thailand (EVAT) is calling for the Land Transport Department to revise related laws to enable new registration of three-wheelers, mainly emphasising electrified tuk-tuks.