Showing 1 - 10 of 16
Great Wall carries the weight
Business, Piyachart Maikaew, Published on 02/03/2020
» Although General Motors' business here was not a market leader, Thailand was an important production hub for pickups, a segment in which the country ranks fifth globally for manufacturing.
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.
Tri Petch Isuzu glum on car market
Business, Piyachart Maikaew, Published on 06/02/2020
» Tri Petch Isuzu Sales, the local distributor for the Japanese truck maker, is downbeat on Thailand's 2020 car market, which it sees falling 7.7% to 930,000 units sold due to economic difficulties such as bearish exports, the baht's appreciation and the delayed fiscal budget.
FTI has modest view for 2020 output
Business, Piyachart Maikaew, Published on 23/01/2020
» The Federation of Thai Industries (FTI) has a conservative outlook for car production in 2020, staying at 2 million units because of many global economic difficulties.
Scania to miss target as market shrinks
Business, Piyachart Maikaew, Published on 22/11/2019
» Scania Siam, the local distribution arm of the Swedish bus and truck maker, says the company is unlikely to meet its sales target for 2019 because of a contraction in Thai commercial vehicle sales.
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).
Mitsubishi: Euro 5 and 6 compliance comes at a cost
Business, Piyachart Maikaew, Published on 01/02/2019
» Mitsubishi Motors Thailand has declared its readiness to upgrade all locally made vehicles sold in Thailand to meet Euro 5 and 6 emission standards, but the Japanese car maker says price tags will reflect increased production costs.
K-Research predicts mild car export growth in 2019
Business, Piyachart Maikaew, Published on 05/01/2019
» Kasikorn Research Center (K-Research) forecasts Thailand's car exports in 2019 to grow by 1-4% to 1.15-1.18 million units as the country faces myriad negative factors from Europe and North America.
FTI bullish on car output despite dip
Business, Piyachart Maikaew, Published on 19/10/2018
» The Federation of Thai Industries (FTI) remains optimistic about the country's car production hitting 2 million units this year, though output in September dropped for the first time in 15 months.
FOMM Asia first to win BoI perks to make battery EVs
Business, Piyachart Maikaew, Published on 10/10/2018
» Thai-Japan joint venture FOMM Asia Co is the first carmaker under the government's electric vehicle (EV) scheme to win Board of Investment (BoI) incentives to manufacture battery EVs, as other makers have joined hybrid and plug-in hybrid EV schemes.