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Search Result for “year”

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MOTORING

Association sees uptick in used car market

Business, Lamonphet Apisitniran, Published on 14/06/2024

» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.

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MOTORING

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.

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MOTORING

Auto loan rejections hurting industry

Lamonphet Apisitniran, Published on 11/06/2024

» Auto loans from banks are probably 100-200 billion baht lower than expected so far this year because of concerns over non-performing loans, which threatens to affect the entire automotive supply chain, according to the Federation of Thai Industries (FTI).

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MOTORING

PM not worried by Suzuki Motor exodus

Published on 08/06/2024

» Prime Minister Srettha Thavisin has expressed confidence that other auto manufacturers will not withdraw their production bases from Thailand, following the decision of Suzuki Motor Corporation to do so.

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MOTORING

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).

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MOTORING

Suzuki to stop making cars in Thailand to focus on EV shift

Bloomberg News, Published on 07/06/2024

» Suzuki Motor Corp will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company said Friday.

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MOTORING

Europe, US 'fearful' of Chinese EVs

Bloomberg News, Published on 07/06/2024

» CHONGQING - Foreign countries are “afraid” of Chinese electric vehicles (EVs), BYD (Build Your Dreams) Co Chairman Wang Chuanfu said in a swipe at European and United States efforts to constrain imports of China-made cars.

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MOTORING

Changan vows to buy parts locally

Business, Published on 07/06/2024

» Chinese electric vehicle maker Changan Automobile plans to buy auto parts from local suppliers under deals valued at 3.6 billion baht to help promote the EV supply chain in Thailand, says the Board of Investment (BoI).

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MOTORING

Producers maintain motorcycle output target

Business, Lamonphet Apisitniran, Published on 04/06/2024

» Thailand's motorcycle manufacturing output is expected to reach its target of 2.12 million units this year despite a decrease in production during the first four months of 2024, says the Federation of Thai Industries (FTI).

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MOTORING

PSP banks on EV industry expansion for growth

Business, Yuthana Praiwan, Published on 30/05/2024

» PSP Specialties Plc, Thailand's largest lubricant producer by capacity, is benefiting from the growth of the electric vehicle (EV) industry by selling lubricants and lubricant-related products suitable for battery-powered cars.