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BUSINESS

Carmakers calm on excise rise

Business, Piyachart Maikaew, Published on 29/06/2017

» Carmakers expect the new excise tax computation on cars to have little impact on the local market, saying they will be manageable without any retail price increases.

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BUSINESS

GM adds Thai role to Vietnam MD

Business, Piyachart Maikaew, Published on 15/06/2017

» With an executive leadership transition in Thailand, US carmaker General Motors says its business strategy remains on course, focusing only on pickup trucks and sport utility vehicles (SUVs) in the Thai market.

BUSINESS

Continental targets greater market share

Business, Piyachart Maikaew, Published on 10/06/2017

» Continental Tyres Thailand, the local unit of the German tyre maker, has set a new milestone to become one of the top three international tyre brands in the Thai market by 2025, boosted by a new plant in Rayong.

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BUSINESS

Carmakers keen to grab EV privileges

Business, Piyachart Maikaew, Published on 06/06/2017

» Since the government unveiled its investment privileges for electric vehicles in late March, several carmakers are keen to invest a combined 20 billion baht in making EVs in Thailand, according to the Thailand Automotive Institute.

BUSINESS

Aapico strikes positive note via stake buy

Business, Piyachart Maikaew, Published on 29/05/2017

» SET-listed Aapico Hitech Plc (AH) is more upbeat about its future prospects after acquiring a 25.1% stake in Indian auto parts maker Sakthi Global Auto Holdings (SGAH) for US$100 million (3.5 billion baht).

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BUSINESS

Vespiario kicks premium sales into gear

Business, Piyachart Maikaew, Published on 26/05/2017

» Vespiario Thailand, the authorised importer and distributor of Italian scooters and big bikes for Piaggio Group, is confident of achieving its sales target of 14,000 motorcycles this year, thanks to a strong local demand.

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BUSINESS

Honda tantalised by EV promotional privileges

Business, Piyachart Maikaew, Published on 10/05/2017

» Japanese carmaker Honda Automobile Thailand is interested in the government's promotional privileges for electric vehicles (EVs), saying the packages are alluring, as they are offered to various types of EV-related products and technologies.

BUSINESS

Bosch keen on online parts market

Business, Piyachart Maikaew, Published on 25/04/2017

» The Thai unit of the German car parts maker Robert Bosch Ltd (Bosch) is tapping into e-commerce to cater to younger consumers who enjoy the convenience of shopping online.

BUSINESS

Kiattana upbeat on new units

Business, Piyachart Maikaew, Published on 21/04/2017

» MAI-listed logistics provider Kiattana Transport Plc (KIAT) expects its revenue to return to growth this year after three years of contraction.

BUSINESS

Gates aims to step up Thai manufacturing activity

Business, Piyachart Maikaew, Published on 20/04/2017

» Gates Corporation, a US maker of power transmission belts and fluid power products, is studying the feasibility of expanding the manufacturing capacity at its Rayong plant to cope with other potential sectors such as food packaging and beverages.