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BUSINESS

Vehicle sales up 3.7% in sluggish May

Business, Piyachart Maikaew, Published on 14/06/2019

» Car sales growth is likely to slow in the second half as the local market sees fewer model launches to attract buyers and the political picture remains opaque to car makers, says the automotive industry club of the Federation of Thai Industries (FTI).

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BUSINESS

Toyota launches new Commuter van

Business, Piyachart Maikaew, Published on 12/06/2019

» Toyota Motor Thailand remains keen to capture Thailand's van market, expecting to sell 9,600 vans in 2019, up 23%, as the government clamps down on fixed-route public vans.

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BUSINESS

More stimulus urged despite industrial sentiment uptick

Piyachart Maikaew, Published on 13/06/2019

» The Federation of Thai Industries (FTI) has urged the new government to speed up its economic stimulus measures to sustain investors' confidence after the general election.

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BUSINESS

May auto output dips on export slowdown

Piyachart Maikaew, Published on 13/06/2019

» Automotive output in May dropped by 6.11% year-on-year to 181,338 units on an export slowdown, the Federation of Thai Industries (FTI) said on Thursday.

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BUSINESS

Partner to power BMW EVs

Business, Piyachart Maikaew, Published on 21/06/2019

» DTS Draexlmaier Automotive System Thailand will start high-voltage battery production in July, with a plan to supply the output to the BMW plant in Rayong for the manufacture of plug-in hybrid electric vehicles (EVs), says BMW Group Thailand.

BUSINESS

Sammitr Group sets B10bn revenue target for 2024

Business, Piyachart Maikaew, Published on 02/05/2019

» Sammitr Group Holding has set an ambitious goal to reach 10 billion baht in 2024 revenue and position itself as the leading automotive company in Southeast Asia.

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BUSINESS

Parts replacement in region attracts Aisin

Business, Piyachart Maikaew, Published on 15/05/2019

» Aisin Asia Thailand, the auto parts distributor of Japan's Aisin Group, has announced a three-year plan to achieve 2 billion baht in annual revenue by 2022, emphasising parts distribution in the replacement market in Thailand and neighbouring countries.

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BUSINESS

SAIC Motor-CP ready for local EVs

Business, Piyachart Maikaew, Published on 16/05/2019

» Thai-Chinese carmaker SAIC Motor-CP has committed to investing in assembly production for two versions of electric vehicles (EVs) -- plug-in hybrids and battery EVs -- at its facility in Chon Buri, even though all China-made EVs are now imported without tariffs under the Asean-China free trade agreement.

BUSINESS

AP Honda predicts excise price hike

Business, Piyachart Maikaew, Published on 17/05/2019

» AP Honda forecasts that the new excise tax for motorcycles, effective from 2020, could add 200-10,000 baht to retail prices, depending on model size.

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BUSINESS

Auto exports at two-year low

Piyachart Maikaew, Published on 23/05/2019

» The Federation of Thai Industries reported on Thursday Thailand exported 67,114 vehicles in April, down by 7.5% year-on-year, representing the lowest volume in 24 months.