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BUSINESS

GM to lay off 1,500 staff in Rayong

Business, Piyachart Maikaew, Published on 19/02/2020

» US car maker General Motors has confirmed that roughly 1,500 workers from its Thai operations will be laid off this year once Chinese maker Great Wall Motors takes ownership of the company's Rayong facilities.

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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

Nissan's unions unfazed by jobs cut

Business, Piyachart Maikaew, Published on 26/07/2019

» Nissan's two labour unions in Thailand are not worried about Nissan Motor Corporation's announcement to cut 12,500 jobs worldwide, saying two car plants in Samut Prakan have high use rates and sell to both local and overseas markets.

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BUSINESS

Scania facility set to deliver sales growth

Business, Piyachart Maikaew, Published on 06/02/2019

» Swedish bus and truck maker Scania AB expects significant growth in local sales and exports after an 800-million-baht assembly plant in Samut Prakan began full operations in the fourth quarter of 2018.

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BUSINESS

GM: Layoffs in America no issue in Thailand

Business, Piyachart Maikaew, Published on 06/12/2018

» US car maker General Motors Thailand says its local operation in Rayong will see no impact from the layoff programme in North America, noting that the local plant has enjoyed a stable situation since the Detroit-based firm restructured in early 2015.

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BUSINESS

Ford mum about rejig's Asean impact

Business, Piyachart Maikaew, Published on 11/10/2018

» US car maker Ford Motor Co remains silent on whether its Asean operations will be affected by a US$11-billion restructuring plan to cut 70,000 salaried employees worldwide.

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BUSINESS

Aapico inks joint venture for Vietnam parts assembly

Business, Piyachart Maikaew, Published on 13/06/2018

» SET-listed auto parts maker Aapico Hitech Plc expects a new joint venture in Vietnam to contribute 30% of its revenue from 2019 onward, saying the Vietnam government is keen to develop car assembly over the long term.

BUSINESS

BorgWarner eyes SE Asian supply chain

Business, Piyachart Maikaew, Published on 23/04/2018

» US auto parts maker BorgWarner expects its new plant in Rayong to be part of the company's strategic plan in Asia, as the facility is meant to serve the automotive industry across Southeast Asia.

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BUSINESS

PRM advises clear sailing after Big Sea acquisition

Business, Piyachart Maikaew, Published on 27/03/2018

» SET-listed Prima Marine Plc (PRM), Thailand's largest shipping company for liquid petroleum and petrochemical products, is upbeat about 2018 revenue and expects 9% growth to 5.12 billion baht after acquiring shipper Big Sea Co.

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THAILAND

Nissan shortlists Thailand for EV facility

Business, Piyachart Maikaew, Published on 08/01/2018

» Japanese car maker Nissan Motor Co has shortlisted Thailand as a key candidate for its EV manufacturing facility in Asia-Pacific, even as the local market for electric vehicles (EV) remains tepid.