Showing 111 - 120 of 264
Ford sales plummet, production resumes
Business, Lamonphet Apisitniran, Published on 06/11/2020
» Ford Thailand, the production and distribution arm of US-based Ford Motor, has seen car sales over past 10 months dive 40% to 21,800 units from last year, but remains optimistic about future prospects after production fully resumed in response to the improving Thai auto industry.
BMW sticks to assembly investment
Business, Lamonphet Apisitniran, Published on 05/11/2020
» BMW Group Thailand is continuing its investment in car assembling facilities in Thailand, even as the outbreak impact lead to a slight decrease in nine-month sales by 5% to 8,190 units year-on-year.
Local Isuzu car sales drop 1.9%
Business, Lamonphet Apisitniran, Published on 29/10/2020
» Tri Petch Isuzu Sales, the local distributor of Japanese carmaker Isuzu, unveiled its car sales for the first nine months this year stood at 123,526 units, a 1.9% decrease year-on-year.
FTI frets about poor car output and second wave
Business, Lamonphet Apisitniran, Published on 20/10/2020
» Car manufacturing in Thailand remains unimpressive, decreasing by 38.7% year-on-year to 963,066 units over the past nine months, attributed to the global economic slowdown, closures of some car factories and weak purchasing power, says the Federation of Thai Industries (FTI).
Used car traders optimistic
Business, Lamonphet Apisitniran, Published on 09/10/2020
» Fast Auto Show Thailand organisers expect used car trade will stand at 1.5 million transactions in 2020, a 5% dip from last year, but are still optimistic about a better outlook than for new car sales.
Chevrolet upgrading all customer service centres
Business, Lamonphet Apisitniran, Published on 09/10/2020
» Chevrolet Sales Thailand plans to upgrade all 88 service centres across the country to provide automotive parts and products as well as to better support customers, following an announcement it was terminating its local car sales operation earlier this year.
Competitive EV pricing targeted
Business, Lamonphet Apisitniran, Published on 07/10/2020
» The Industry Ministry is pushing ahead with its ambitious plan to bring prices of electric vehicles (EVs) closer to those of traditional fuel-powered cars by reducing the import duty on auto parts used to assemble EVs in Thailand.
Smart Park construction scheduled for Q1 of next year
Business, Lamonphet Apisitniran, Published on 02/10/2020
» The government is scheduled to begin construction of 2.3 billion baht worth of infrastructure for the Smart Park industrial estate project in Rayong in the first quarter next year as it speeds up work to build Thailand's first high-tech industrial complex to serve 12 targeted S-curve industries.
Great Wall hints at B22bn investment
Business, Lamonphet Apisitniran, Published on 24/09/2020
» Chinese carmaker Great Wall Motors Co (GWM) is strengthening its production base in Thailand with an investment of 22 billion baht as it seeks a foothold in the electric vehicle (EV) segment promoted by the government.
FTI upbeat on hitting output target of 1.4m units by year-end
Business, Lamonphet Apisitniran, Published on 18/09/2020
» Car production in the first eight months of 2020 plunged 42% year-on-year to 812,721 units, but manufacturers still have another four months to reach the target of 1.4 million units, says the Federation of Thai Industries (FTI).