Showing 1 - 10 of 11
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).
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.
Car production to see 3.17% increase
Business, Lamonphet Apisitniran, Published on 30/01/2024
» Thailand's car production is estimated to increase by 3.17% to 1.9 million units this year amid economic challenges, says the Federation of Thai Industries (FTI).
Green push set to boost Nex Point sales
Business, Yuthana Praiwan, Published on 26/01/2024
» SET-listed Nex Point, a local assembler of commercial electric vehicles (EVs), expects its sales to reach 5,556 units in 2024 thanks to higher demand from transport and logistics operators.
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.
Production of EVs to spur linked sectors
Business, Lamonphet Apisitniran, Published on 22/11/2023
» Thailand's smart electronics and information technology (IT) industries are expected to grow rapidly next year as global electric vehicle (EV) manufacturers start production in the country, says the Office of Industrial Economics (OIE).
Export demand projected to be resilient
Business, Lamonphet Apisitniran, Published on 02/11/2023
» Automobiles and auto parts, electronics and agricultural products will drive Thai exports in the final quarter of this year, though shipments overall will remain sluggish for 2023, says the Federation of Thai Industires (FTI).
Porsche warns luxury not immune to economic woes
Reuters, Published on 25/10/2023
» BERLIN - Porsche AG reported nine-month results in line with its annual forecast on Wednesday but warned the luxury sector was suffering like others from higher costs and dampened consumer confidence as interest rates rise.