Showing 1 - 10 of 45
EV startup files for bankruptcy
Published on 18/06/2024
» BENGALURU - American electric vehicle (EV) maker Fisker filed for bankruptcy protection late on Monday as deal talks with a big automaker collapsed, exposing the startup to the fallout of a rapid cash burn to deliver its 'Ocean' SUVs in the United States and Europe.
FTI urges auto parts producers to diversify
Lamonphet Apisitniran, Published on 18/06/2024
» Local auto parts manufacturers are being urged to adapt to the technological disruption caused by electric vehicles (EVs) and transition to the production of medical devices, which are expected to have a promising business future, says the Federation of Thai Industries (FTI).
Addressing the skills gap
Published on 17/06/2024
» Recent decisions by two Japanese automakers to close their plants in Thailand affect the country's standing as a leading global car producer, once dubbed the "Detroit of Asia".
Proton unveils made-in-Malaysia EV brand
Published on 13/06/2024
» Proton, the Malaysian carmaker backed by the Chinese automaker Geely, has unveiled the country’s first homemade electric vehicle brand.
Premium cars cannot avoid plunge in sales
Business, Lamonphet Apisitniran, Published on 08/06/2024
» The decline in domestic car sales is having a broad impact on the automotive industry, even dampening the premium car segment, which typically resists downturns in consumer spending, according to Mercedes-Benz (Thailand).
2024 car output target could be trimmed
Lamonphet Apisitniran, Published on 24/05/2024
» The country's car manufacturing target for 2024 may be downgraded as production continues to dip, with a sluggish economy affecting car sales, according to the Federation of Thai Industries (FTI).
China offers subsidies for car trade-ins
Published on 26/04/2024
» BEIJING - China will give a one-time subsidy of up to 10,000 yuan (US$1,380 or 50,000 baht) to consumers who trade in old cars and buy newer models in a move to stimulate the auto industry and the economy.
Industrial Estate Authority touts new Smart Park
Business, Lamonphet Apisitniran, Published on 16/04/2024
» Chinese firms expressed interest in investing in electric vehicle (EV) supply chain and energy businesses in Smart Park Industrial Estate in Rayong, which is scheduled to open by the end of this year, says the Industrial Estate Authority of Thailand (IEAT).
Car firms warned of new Australia rule
Business, Lamonphet Apisitniran, Published on 06/04/2024
» Auto exports to Australia may be affected by a new trade barrier expected to be imposed on new cars shipped to the country next year, warns the Thai Automotive Industry Association (TAIA).
Domestic sales still plummeting
Business, Lamonphet Apisitniran, Published on 27/03/2024
» Domestic car sales continued to decline, especially in the pickup segment, falling by 26% year-on-year in February, which is expected to be the lowest level in two years, says the Federation of Thai Industries (FTI).