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BUSINESS

BMW faces flat sales amid rising oil prices

Lamonphet Apisitniran, Published on 20/03/2026

» Rising crude oil price volatility, fuelled by escalating tensions between the US and Iran, is threatening to stall Thailand's automotive recovery, with luxury car sales projected to remain flat this year, according to BMW Group Thailand.

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

Lamborghini preps electric 'super car'

Business, Lamonphet Apisitniran, Published on 17/05/2024

» Automobili Lamborghini, an Italian manufacturer of luxury sports cars, plans to bring its new electric "super car" to Thailand, debuting it globally in 2028 as part of efforts to cut carbon dioxide emissions.

BUSINESS

Chinese manufacturers fuel EV market

Business, Lamonphet Apisitniran, Published on 26/03/2024

» The local electric vehicle market will continue to grow rapidly, driven by more investment from Chinese EV makers in Thailand, causing manufacturers to cut prices to attract consumers, according to major car companies.

BUSINESS

Kia mulls investment in local EV factory

Business, Lamonphet Apisitniran, Published on 05/03/2024

» Kia, the premium Korean car manufacturer, is considering making an investment in building an electric vehicle factory in Thailand to benefit from the fast-growing EV market, according to Kia Sales (Thailand).

BUSINESS

BMW to announce local EV battery plant plan

Business, Lamonphet Apisitniran, Published on 28/02/2024

» BMW Group Thailand is planning to build an electric vehicle battery factory in Thailand this year to support its sales of battery EVs and plug-in hybrid EVs, competing with Chinese EV supply chains.

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

Auto sector faces bumpy sales

Lamonphet Apisitniran, Published on 05/02/2024

» The automotive industry is expected to have unequal sales growth this year, driven by motorists' changing lifestyles and choices by lenders.

BUSINESS

Changan set to produce electric SUVs locally

Business, Lamonphet Apisitniran, Published on 13/12/2023

» Chinese electric vehicle maker Changan Automobile plans to start producing sport utility vehicles (SUVs) from its Rayong factory in the first quarter of 2025, a move expected to intensify competition in the fast-growing Thai EV market.

BUSINESS

Chinese EVs dominate car show

Lamonphet Apisitniran, Published on 12/12/2023

» Vehicle bookings at the recently concluded Thailand International Motor Expo were up by 45% from a year ago, with Chinese electric vehicle (EV) manufacturers drawing strong interest, according to organisers.