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BUSINESS

GM to lay off 1,500 staff in Rayong

Business, Piyachart Maikaew, Published on 19/02/2020

» US car maker General Motors has confirmed that roughly 1,500 workers from its Thai operations will be laid off this year once Chinese maker Great Wall Motors takes ownership of the company's Rayong facilities.

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BUSINESS

Aapico inks joint venture for Vietnam parts assembly

Business, Piyachart Maikaew, Published on 13/06/2018

» SET-listed auto parts maker Aapico Hitech Plc expects a new joint venture in Vietnam to contribute 30% of its revenue from 2019 onward, saying the Vietnam government is keen to develop car assembly over the long term.

BUSINESS

BorgWarner eyes SE Asian supply chain

Business, Piyachart Maikaew, Published on 23/04/2018

» US auto parts maker BorgWarner expects its new plant in Rayong to be part of the company's strategic plan in Asia, as the facility is meant to serve the automotive industry across Southeast Asia.

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BUSINESS

Toyota head aims to steer EV market

Business, Piyachart Maikaew, Published on 29/11/2017

» The government policy to promote the country's automotive industry as a hub for electric vehicles (EV) has Toyota Motor Thailand, the local unit of the Japanese car maker, optimistic about future hybrid car manufacturing here.

BUSINESS

EVs will disrupt market in long term

Business, Piyachart Maikaew, Published on 17/11/2017

» In the future electric vehicles (EVs) are expected to create a major impact on the Thai auto parts industry, says SET-listed auto parts maker Aapico Hitech Plc (AH).

BUSINESS

Bridgestone tags Thailand as Asia hub

Business, Piyachart Maikaew, Published on 23/10/2017

» Japan-based Bridgestone Corporation, the world's largest tyre maker, remains confident about its Thai business becoming the regional hub of Asia-Pacific in the long run.

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BUSINESS

JKC Bike pedals on expansion path

Business, Piyachart Maikaew, Published on 26/11/2015

» Thailand's bicycle market has recorded healthy growth the past six years as more people turn to cycling for sport and travel. Myriad cycling events and exhibitions have spurred Thai cyclists' appetite for high-quality bicycles.