Showing 41-50 of 347 results
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FTI lowers car output forecast to 2m
Business, Piyachart Maikaew, Published on 19/10/2019
» The Federation of Thai Industries (FTI) has lowered its outlook for the country's car production this year to 2 million vehicles from 2.15 million, blaming bearish sentiment for both local sales and exports.
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FTI: Car sales slump as headwinds abound
Business, Piyachart Maikaew, Published on 18/09/2019
» Thailand's automotive industry is suffering from myriad negative factors, including lower GDP growth, rising US-China trade tensions and pressure on local sales and exports, says the Federation of Thai Industries (FTI).
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Mazda trims forecast as economy buckles under pressure
Business, Piyachart Maikaew, Published on 19/09/2019
» Mazda Sales Thailand has cut its overall market forecast for the country in 2019 from 1.06 million cars sold to 1.04 million, citing myriad factors domestically and abroad.
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MG Sales looks to Q4 revival
Business, Piyachart Maikaew, Published on 26/09/2019
» MG Sales Thailand is optimistic the overall car market will pick up in the fourth quarter amid a contraction in monthly car sales for three months in a row, saying each car distributor is launching new models to stimulate the local market.
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AP Honda's veep ready to ride into the Thai sunset
Business, Piyachart Maikaew, Published on 28/09/2019
» September is Suchart Arunsaengroj's last month as vice-president of AP Honda, the local sales unit for Honda motorcycles, before his retirement.
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Toyota foresees dip in car market
Business, Piyachart Maikaew, Published on 04/09/2019
» Toyota Motor Thailand predicts the car market to decline further in the next few months because of low purchasing power from buyers and restricted auto loan approvals from banks.
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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.
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Tightened loans, trade row hit car sales
Business, Piyachart Maikaew, Published on 23/08/2019
» Thailand's automotive industry expects cloudy sentiment the next few months as it suffers from myriad negative factors like restricted auto loan approvals from banks and an intense trade war between the US and China, says the Federation of Thai Industries.
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Siam GS Battery kicks off $10m Myanmar plant
Business, Piyachart Maikaew, Published on 02/09/2019
» Siam GS Battery, an affiliate of Siam Motors Group, has started operation of a battery charging plant in Myanmar with an investment of US$10 million, expecting to serve rapid growth of auto sales in that country.
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Nissan labour unions unfazed by jobs cut
Business, Piyachart Maikaew, Published on 25/07/2019
» Nissan’s two labour unions in Thailand are not worried about Nissan Motor Corporation’s announcement to cut 12,500 jobs worldwide, saying two car plants in Samut Prakan have high use rates and sell to both local and overseas markets.
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