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Search Result for “rejection”

Showing 1 - 10 of 13

BUSINESS

Motorcycle sales see 3.8% uptick in April

Lamonphet Apisitniran, Published on 03/06/2025

» Domestic motorcycle sales slightly improved in April, attributed to sales promotions targeting prospective buyers keen on purchasing a new model, said the Federation of Thai Industries (FTI).

BUSINESS

Thai auto output to dip below 1.4m

Business, Lamonphet Apisitniran, Published on 30/04/2025

» Thailand's total car manufacturing this year is likely to fall short of the industry's initial target of 1.5 million units due to the impact of Washington's tariff policy, says the Federation of Thai Industries (FTI).

BUSINESS

Hyundai unit says tariff plan may prompt rethink

Lamonphet Apisitniran, Published on 21/02/2025

» US President Donald Trump's plan to impose a 25% tariff on car imports may affect electric vehicle (EV) production plans globally, says Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group.

BUSINESS

Federation of Thai Industries keeps car output at 1.5m

Business, Lamonphet Apisitniran, Published on 29/01/2025

» The Federation of Thai Industries (FTI) is maintaining its car production target at 1.5 million units this year, though high household debt, weak purchasing power and strict lending conditions are projected to challenge the industry.

BUSINESS

Car production to miss target as sales, exports fall

Business, Lamonphet Apisitniran, Published on 25/10/2024

» Thailand's total car manufacturing is unlikely to reach 1.7 million units in 2024 due to a plunge in domestic sales and exports, dealing a further blow to the sluggish automotive industry and prompting the Federation of Thai Industries (FTI) to consider revising down the target for the second time this year.

BUSINESS

Loan rejections plague used car sales

Business, Lamonphet Apisitniran, Published on 24/10/2024

» Thailand's used car market will continue to post sluggish sales as prospective buyers are often rejected when applying for loans, says the Association of Used Car.

BUSINESS

Auto loan rejections hurting industry

Lamonphet Apisitniran, Published on 11/06/2024

» Auto loans from banks are probably 100-200 billion baht lower than expected so far this year because of concerns over non-performing loans, which threatens to affect the entire automotive supply chain, according to the Federation of Thai Industries (FTI).

BUSINESS

Krungsri Auto expects flat growth

Business, Lamonphet Apisitniran, Published on 13/03/2024

» While the 45th Bangkok International Motor Show later this month should ramp up electric vehicle (EV) sales, new auto loans from Krungsri Auto, the country's largest auto loan provider, will grow only 0.4% year-on-year in 2024, says Congsin Congcar, the head of Krungsri Auto Group.

BUSINESS

Pickup sales plunge by more than 43%

Business, Lamonphet Apisitniran, Published on 23/02/2024

» Domestic sales of pickups remained sluggish in January, plummeting more than 43% year-on-year, as banks remain cautious in granting auto loans, says the Federation of Thai Industries (FTI).

BUSINESS

Isuzu mulls e-pickup factory

Business, Lamonphet Apisitniran, Published on 14/10/2023

» Japanese automaker Isuzu Motors plans to build a factory to make electric pickups in Thailand if local demand for the vehicles increases significantly, says Tri Petch Isuzu, the local distributor of cars under the Isuzu brand.