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BUSINESS

Mercedes-Benz accelerates shift to EVs

Business, Lamonphet Apisitniran, Published on 04/02/2026

» Mercedes-Benz (Thailand) expects the domestic electric vehicle (EV) market to gain momentum under the government's new car tax policy set to take effect in 2026, aimed at promoting cleaner energy.

BUSINESS

Ferrari offers luxury hybrid car locally

Lamonphet Apisitniran, Published on 19/11/2025

» Italian automaker Ferrari has launched its first plug-in hybrid electric vehicle (PHEV) in Southeast Asia, choosing the Thai market for its debut, just as the government prepares to impose a higher rate of excise tax on cars, including luxury supercars, from 2026.

BUSINESS

Ministry seeks to attract EV battery recycling investments

Business, Lamonphet Apisitniran, Published on 10/11/2025

» The Industry Ministry is calling for investment in electric vehicle (EV) battery recycling in order to deal with a surge in scrapped batteries, as well as to grow the EV battery production and supply chain.

BUSINESS

Federation of Thai Industries revises down export target amid tariff woes

Business, Lamonphet Apisitniran, Published on 25/07/2025

» The Federation of Thai Industries (FTI) has revised down the car manufacturing export target this year amid concerns over the US reciprocal tariff, bringing down Thailand's total car production goal to 1.45 million units from 1.5 million units.

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

Premium car sales likely unchanged

Business, Lamonphet Apisitniran, Published on 19/02/2025

» Sales of premium cars in Thailand are likely to remain unchanged in 2025 as people's purchasing power is weak and they face difficulty in accessing auto loans, a situation which is expected to subdue the car market, says BMW Group Thailand.

BUSINESS

Mercedes-Benz anticipates another gloomy sales year

Business, Lamonphet Apisitniran, Published on 18/02/2025

» German luxury automaker Mercedes-Benz (Thailand) expects another tough year for the Thai car market, caused by difficulties for consumers in accessing car loans as well as high interest rates which led to a 23% decrease in newly registered premium cars last year.

BUSINESS

Infineon plant set to open in 2026

Business, Lamonphet Apisitniran, Published on 15/01/2025

» German semiconductor maker Infineon Technologies is developing its first factory in Thailand to serve growing demand in the electric vehicle and data centre industries as well as businesses that use additional equipment for clean energy management.

BUSINESS

Foreign investors fuel semiconductor surge

Business, Lamonphet Apisitniran, Published on 12/12/2024

» The Board of Investment (BoI) is helping the government grow the semiconductor industry by granting investment privileges to UNIQUE Integrated Technology, which is investing 10.5 billion baht to build factories to produce and export machinery parts and equipment used in the semiconductor industry.

BUSINESS

New B20bn industrial fund to prioritise SMEs

Lamonphet Apisitniran, Published on 11/09/2024

» Newly appointed Industry Minister Akanat Promphan plans to set up an Industrial Reform Fund worth at least 20 billion baht to help manufacturers, especially small and medium-sized enterprises (SMEs), better deal with liquidity and improve their competitiveness.