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BUSINESS

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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BUSINESS

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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BUSINESS

AP Honda prepares for new excise tax

Business, Piyachart Maikaew, Published on 27/09/2019

» AP Honda, the local distribution unit of the Japanese motorcycle brand, estimates retail price tags will rise by 300-1,000 baht as the new excise tax for motorcycles comes into effect from early 2020.

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BUSINESS

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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BUSINESS

BMW keen on battery supply

Business, Piyachart Maikaew, Published on 07/09/2019

» BMW Group Manufacturing Thailand, a local production arm of the German luxury car maker, expects its Thai supplier of high-voltage batteries to lower its car assembly cost for plug-in hybrid electric vehicles (PHEVs) sold in Thailand.

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BUSINESS

Etran still optimistic about 200,000 e-bike tier

Business, Piyachart Maikaew, Published on 10/09/2019

» Etran Thailand, an electric bike developer, is still confident it can sell 200,000 motorcycles in the next decade as Thai motorists slowly adopt electrified vehicles.

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BUSINESS

Car sales down for second month

Piyachart Maikaew, Published on 22/08/2019

» Domestic car sales fell in July for the second straight month on loan rejections by local financial institutions, the Federation of Thai Industries (FTI) reported on Thursday.

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BUSINESS

GM cuts 327  jobs at plants in Rayong

Business, Piyachart Maikaew, Published on 30/08/2019

» General Motors Thailand, the local car production unit of the US parent, has cut a further 327 jobs at its Rayong plants as part of a plan to reduce operating costs and slim down the manufacturing facility.

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BUSINESS

Toyota group opens plant for recycling car batteries

Business, Piyachart Maikaew, Published on 31/08/2019

» Toyota Motor Thailand has opened a battery life cycle management plant in Chachoengsao, the first overseas facility outside Japan, to circulate batteries of hybrid cars sold in Thailand.

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BUSINESS

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.