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Search Result for “bookings”

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BUSINESS

FTI eyes 1.5m auto units as domestic demand increases

Lamonphet Apisitniran, Published on 29/01/2026

» The Federation of Thai Industries (FTI) has announced a vehicle manufacturing target of 1.5 million units for 2026, a modest increase from 1.45 million units last year, driven by expectations of stronger domestic demand and growing production of battery electric vehicles (BEVs).

BUSINESS

EV bookings at record levels

Lamonphet Apisitniran, Published on 11/12/2025

» Electric vehicles (EVs) stole the spotlight at the 42nd Thailand International Motor Expo, pushing total car bookings to record levels and underscoring their growing foothold in the domestic market.

BUSINESS

Prices of BEVs set to rise next year

Business, Lamonphet Apisitniran, Published on 10/12/2025

» The prices of battery electric vehicles (BEVs) in Thailand are expected to rise by an average of 200,000 baht next year, following the expiration of the government's EV3.0 incentive scheme, a move that could dampen domestic demand for BEVs, which has grown steadily over recent years, warns the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Output ticks up for automobiles

Business, Lamonphet Apisitniran, Published on 31/07/2025

» Thailand's Manufacturing Production Index (MPI) increased by 0.58% year-on-year to 97.35 points in June, driven by the recovery of the car market, an increase in exports and state stimulus measures, says the Office of Industrial Economics (OIE).

BUSINESS

Improving auto sector drives manufacturing rise

Lamonphet Apisitniran, Published on 31/05/2025

» Thailand's Manufacturing Production Index (MPI) rose by 2.1% year-on-year to 92.3 points in April, driven mainly by the improving automotive industry, says the Office of Industrial Economics (OIE).

BUSINESS

Geely distributor mulls parts venture

Lamonphet Apisitniran, Published on 18/04/2025

» Thonburi Neustern Co, the distributor of electric vehicles (EVs) under the Geely brand, is planning to strengthen the Chinese EV maker's position in Thailand through new investment, starting with the development of an auto parts centre.

BUSINESS

B5 billion fund propels motor show sales

Lamonphet Apisitniran, Published on 12/04/2025

» The newly established 5-billion-baht government fund has begun to lift domestic auto sales, helping to drive total vehicle bookings at the recent Bangkok International Motor Show.

BUSINESS

Carmakers act to spur flagging sales

Business, Lamonphet Apisitniran, Published on 25/03/2025

» Automakers are trying to deal with sluggish domestic car sales by cutting costs and launching new promotional campaigns which are expected to boost bookings at the Bangkok International Motor Show, which opens on March 26.

BUSINESS

Effort to stimulate pickups

Business, Lamonphet Apisitniran, Published on 03/01/2025

» Tri Petch Isuzu Sales, the local distributor of Isuzu vehicles, has joined a call for the government to jump-start stagnant pickup sales, as the market threatens to stymie the Thai economy.

BUSINESS

EVs expected to boost sales at upcoming motor expo

Business, Lamonphet Apisitniran, Published on 15/11/2024

» The 41st Bangkok International Motor Expo, scheduled to start on Nov 29, offers distributors hope for car sales amid sluggish sentiment, with bookings at the event expected to increase from last year.