Showing 1 - 6 of 6
Carasti anticipates growth in car leasing
Business, Lamonphet Apisitniran, Published on 06/06/2025
» Changes in Thai drivers' behaviour in a sluggish automotive market offer business opportunities for car subscription service provider Carasti, which is encouraging people to lease cars for short-term use as part of a daily routine.
High household debt dents auto sector
Business, Lamonphet Apisitniran, Published on 23/05/2025
» Thailand's automotive industry remains volatile as household debt is still elevated, though domestic vehicle sales managed to rise slightly in April for the first time in 23 months, according to the Federation of Thai Industries (FTI).
Auto slowdown dents January index
Business, Lamonphet Apisitniran, Published on 01/03/2024
» The Manufacturing Production Index (MPI) decreased by 2.94% year-on-year to 99.2 points in January as the country struggled with many economic problems, especially the impact of the highest level of car seizures in five years, says the Office of Industrial Economics (OIE).
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).
KCar predicts sluggish market this year
Business, Lamonphet Apisitniran, Published on 26/01/2024
» Krungthai Car Rent & Lease Plc (KCar) expects the second-hand car and car rental markets to slow as loans remain difficult to obtain from financial institutions.
EV seizures set to increase
Lamonphet Apisitniran, Published on 09/01/2024
» Concerns over non-performing loans (NPLs) in the automotive industry have expanded to the electric vehicle (EV) segment as some buyers may not be able to pay instalments for their EV, amid a rapid sales increase.