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Search Result for “$3 million”

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BUSINESS

Auto production up 7% in June

Piyachart Maikaew, Published on 18/07/2018

» The Federation of Thai Industries (FTI) reported on Wednesday that automobile output in June increased by 7.71% to 188,970 units, driven by the production of pickup trucks for international markets, which rose by 5.87% to 64,342 units last month.

BUSINESS

Car sales outlook still rosy, FTI says

Business, Piyachart Maikaew, Published on 19/07/2018

» The Federation of Thai Industries (FTI) has an optimistic outlook for the country's automotive industry but is concerned about a slight contraction in the local motorcycle market.

BUSINESS

Tata to cease local assembly

Business, Piyachart Maikaew, Published on 03/08/2018

» Amid fierce competition in Thailand's pickup truck market, Indian carmaker Tata Motors has decided to stop assembly of pickups in Bangkok this financial year (ending next March).

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BUSINESS

Siam GS Battery sets B1bn for SE Asia run-up

Business, Piyachart Maikaew, Published on 11/07/2018

» Siam GS Battery, an affiliated firm of Siam Motors Group, plans to spend 1 billion baht from 2018-20 to expand its production capacity of car batteries in Thailand and Myanmar, serving demand in Southeast Asia.

BUSINESS

Bloomberg urges more consumer EV incentives

Business, Piyachart Maikaew, Published on 08/06/2018

» The government needs to add more consumer incentives to generate a population for electric vehicles (EVs) locally, says Bloomberg New Energy Finance (BNEF).

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BUSINESS

BMW mulls electric motorcycles

Business, Piyachart Maikaew, Published on 09/06/2018

» BMW Group Thailand, a local arm of the German carmaker, is conducting a local feasibility study of electric motorcycles.

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BUSINESS

Delta Thailand unveils 5-year strategic plan

Business, Piyachart Maikaew, Published on 15/06/2018

» SET-listed Delta Electronics Thailand, a maker and distributor of power management solutions and electronics components, has announced its five-year business plan (2019-23), focused on the trends of industrial automation, data centres, electric vehicles (EVs), renewable energy and energy storage systems.

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BUSINESS

Thai Yamaha sees golf cart upsurge

Business, Piyachart Maikaew, Published on 18/06/2018

» Thai Yamaha Motor Co, the local unit of the Japanese motorcycle maker, expects production growth of golf carts to hit 15-20% for 2018-22.

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BUSINESS

Diamond Grains set to shine

Business, Piyachart Maikaew, Published on 25/06/2018

» The overall market for breakfast cereal now exceeds 2 billion baht, and Thai granola brand Diamond Grains is confident it can compete with international brands after getting a strong response from local consumers.

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BUSINESS

Local auto market sales could pass 1m

Business, Piyachart Maikaew, Published on 28/06/2018

» Thailand's car market is expected to exceed 1 million units sold in 2018 after many Japanese car makers witnessed double-digit growth the first five months.