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Auto loan segment volatile

Somruedi Banchongduang, Published on 20/01/2024

» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.

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With new plant, Great Wall Motor targets electric vehicle growth

Business, Lamonphet Apisitniran, Published on 13/01/2024

» Chinese automaker Great Wall Motor (GWM) aims to grow its electric vehicle business in Asean after developing an EV production base in Thailand, which is scheduled to start selling locally-made EVs this month.

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Cayenne Great Escape explores the tranquillity of Malaysia

Jedd Sreshthaputra, Published on 25/12/2023

» Porsche is celebrating its 75th anniversary by setting up its first assembly facility outside of Europe in Malaysia and launching the 2024 Cayenne featuring a large number of upgrades.

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Insurance foresees 5-6% growth next year

Nuntawun Polkuamdee, Published on 20/12/2023

» The insurance industry is projected to expand 5-6% in 2024 with premiums of 301-303 billion baht thanks to the high growth of electric vehicle (EV) and health insurance, says the Thai General Insurance Association (TGIA).

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Chongqing Sokon keen on EV investment in Thailand

Business, Lamonphet Apisitniran, Published on 19/12/2023

» Competition in the local electric vehicle (EV) market is intensifying, with Chinese manufacturer Chongqing Sokon Motor the latest to announce a plan to produce commercial EVs here in a joint investment with a local firm.

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Thaivivat projects higher EV demand

Business, Nuntawun Polkuamdee, Published on 15/12/2023

» Demand for electric vehicle (EV) insurance is expected to rise sharply to 200,000 units next year, says Thaivivat Insurance (TVI) as the company launches a new product to capture high growth in the segment.

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EVme Plus, partner to push switch to EV taxis

Lamonphet Apisitniran, Published on 04/12/2023

» EVme Plus Co, an electric vehicle (EV) solutions provider under oil and gas conglomerate PTT Plc, plans to benefit from the increasing popularity of EVs in Thailand by working with a Chinese EV manufacturer to encourage taxi drivers to use battery-powered vehicles.

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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).

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Test Ride: Small but mighty

Jedd Sreshthaputra, Published on 13/11/2023

» Every year, riding to the OR Thailand Grand Prix is a highlight for bikers that shouldn't be missed. The battle for the world championship is so intense that the Thai MotoGP is regarded as one of the most fiercely fought races of the year. In addition, the event held at Chang International Circuit last month generated over 4 billion baht for the country.

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US auto workers union reaches preliminary deal with Ford

AFP, Published on 26/10/2023

» NEW YORK - The auto workers union in the United States reached a tentative agreement with Ford late Wednesday, a breakthrough in a 41-day stoppage on Detroit's "Big Three" car manufacturers.