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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.

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BUSINESS

TAI pushes 19 measures for EV progress

Business, Piyachart Maikaew, Published on 03/09/2019

» The Thailand Automotive Institute (TAI) has suggested 19 measures for the Industry Ministry to promote the government's electric vehicle (EV) scheme as it is concerned the country will lose competitive advantage against Indonesia, Malaysia and Vietnam.

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BUSINESS

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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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

Toyota reworks van range to compete

Business, Piyachart Maikaew, Published on 22/08/2019

» Toyota Motor Thailand (TMT) is upbeat on local sales of premium vans to compete with the two dominant Korean brands in the segment, Hyundai and Kia.

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BUSINESS

'Resized' Tata says car sales in Thailand will continue

Business, Piyachart Maikaew, Published on 21/08/2019

» Tata Motors Thailand plans to keep a business presence in the country despite ceasing local assembly in the financial year that ended in March.

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BUSINESS

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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BUSINESS

Emissions standards worry Royal Enfield

Business, Piyachart Maikaew, Published on 16/08/2019

» Royal Enfield, the Indian maker of classic-style motorcycles, is concerned about an increase in prices after Thai authorities upgraded the emissions standards for motorcycles, effective later this year.

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BUSINESS

Agency urges government to step up EV development

Business, Piyachart Maikaew, Published on 28/08/2019

» The Electric Vehicle Association of Thailand (EVAT) is calling for the government to take more serious action in developing the country's electric vehicle (EV) roadmap to create a local market that can catch up with rapid improvements in electrified cars globally.

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BUSINESS

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.