Showing 1 - 10 of 41
Car export tally lowest in 93 months
Business, Piyachart Maikaew, Published on 21/02/2020
» The country's car exports in January recorded the lowest volume in 93 months, totalling 65,295 cars, a sharp drop of 20% year-on-year as overall economic sentiment at import destinations remained downbeat from the US-China trade war.
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.
MGC growth plan mulls 2 new ventures
Business, Piyachart Maikaew, Published on 07/02/2020
» Master Group Corporation Asia (MGC), a local automobile distributor, is considering adding new businesses -- car-sharing and automated parking -- to beef up 2020 revenue to 30 billion baht, a 10-15% rise.
Sahakol's boss engineers a regional push
Business, Piyachart Maikaew, Published on 14/12/2019
» Forty-nine years ago, Sahakol Engineer Co was just a local civil construction company run by the Sirison family. Some metropolitan and provincial roads provided the company with work to serve the government's roadmap for transport megaprojects.
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.
Mitsubishi ships its 4 millionth vehicle from Thailand.
Piyachart Maikaew, Published on 31/07/2019
» Japanese car maker Mitsubishi Motors Corporation on Wednesday exported its 4 millionth Thai-assembled vehicle through Laem Chabang port in Chon Buri province, bound for Europe.
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.
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.