Showing 1 - 10 of 44
Lower car sales on the cards
Business, Piyachart Maikaew, Published on 19/08/2019
» Overall car sales are expected to contract throughout the third quarter of 2019 after figures in July remained in the red for a second straight month, attributed to financial institutions tightening their car loan conditions in line with the Bank of Thailand's warning, say local distributors.
FTI gloom over car sales amid strict loans
Business, Piyachart Maikaew, Published on 19/07/2019
» The Federation of Thai Industries (FTI) forecasts local car sales to decline in the next few months, blaming strict loan approvals from financial institutions and bearish economic sentiment.
FTI uneasy over car loan measures
Business, Piyachart Maikaew, Published on 09/04/2019
» The Federation of Thai Industries (FTI) disagrees with new measures from the Bank of Thailand to control auto loans, saying they would pressure new car sales based on panic changes.
Car makers jittery on post-poll instability
Business, Piyachart Maikaew, Published on 27/03/2019
» Car makers are voicing concerns over potential post-election instability and wage increases that could challenge Thailand's automotive market, despite this year's healthy sales projections.
GPSC mulls de-listing Glow from bourse
Business, Piyachart Maikaew, Published on 16/03/2019
» Global Power Synergy Plc (GPSC) Plc is considering de-listing Glow Energy Plc from the stock market after GPSC completes the takeover process of Glow in the first half of 2019.
Tata Steel to cut Southeast Asia footprint
Business, Piyachart Maikaew, Published on 05/02/2019
» Tata Steel, India's largest steelmaker, aims to reduce its business presence in Southeast Asia including Thailand after the local unit completed its share sale to a new venture partnership with a Chinese steelmaker.
Toyota sends EV plans to BoI
Business, Piyachart Maikaew, Published on 23/01/2019
» Toyota Motor Thailand has submitted its investment plan for the government's electric vehicle (EV) scheme to localise manufacturing of new eco-friendlier vehicles here.
Volvo optimistic for 2018 as truck sales bounce back
Business, Piyachart Maikaew, Published on 11/09/2018
» Volvo Group Thailand is optimistic the overall truck market can grow over 10% this year after all segments posted healthy gains in the first seven months.
An uphill road, but a strong start
Business, Piyachart Maikaew, Published on 03/09/2018
» Amid the fierce competition of Thailand's car market, the going can get tough for any brand seeking to enter a competitive field dominated by Japanese makes.
Toyota raises target on healthy first half
Business, Piyachart Maikaew, Published on 26/07/2018
» Toyota Motor Thailand has revised up its car market projections and sales target in 2018 after witnessing healthy growth and rising car distribution in the first half.