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BUSINESS

Car production down in 2019

Piyachart Maikaew, Published on 22/01/2020

» Car production fell 7.1% year-on-year in 2019 to 2.014 million units on contractions of both local sales and exports, the Federation of Thai Industries reported on Wednesday.

BUSINESS

FTI has modest view for 2020 output

Business, Piyachart Maikaew, Published on 23/01/2020

» The Federation of Thai Industries (FTI) has a conservative outlook for car production in 2020, staying at 2 million units because of many global economic difficulties.

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BUSINESS

Car sales projected to fall 6.7%

Piyachart Maikaew, Published on 23/01/2020

» Toyota Motors Thailand expects overall domestic car sales to drop 6.7% to 940,000 units in 2020, as the market faces challenges from a shrinking global economy, tightened loan conditions by local banks and lower consumer confidence.

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BUSINESS

Swag EV lines up electric scooter plant

Business, Piyachart Maikaew, Published on 24/01/2020

» Singaporean startup Swag EV plans to establish an assembly plant for electric scooters in Thailand next year to take advantage of the large motorcycle supply chain locally, reducing assembly costs.

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BUSINESS

Toyota reels from strong baht but still banks on local plants

Business, Piyachart Maikaew, Published on 24/01/2020

» Toyota Motor Thailand is feeling the pinch of baht appreciation and has a negative outlook on car and auto part exports in 2020.

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BUSINESS

Siam GS upbeat on outlook

Business, Piyachart Maikaew, Published on 30/01/2020

» Siam GS Battery, an affiliate of Siam Motors Group, remains optimistic about its car battery shipments amid bearish exports and the baht's appreciation.

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BUSINESS

Thai Yamaha to upgrade facility in Samut Prakan

Business, Piyachart Maikaew, Published on 04/02/2020

» Thai Yamaha Motor Co, the local unit of the Japanese motorcycle maker, is poised to improve its motorcycle manufacturing in Samut Prakan to comply with new safety and emission standards announced in the Royal Gazette last Wednesday.

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BUSINESS

Nissan vows to initiate hybrid investment in 2020

Business, Piyachart Maikaew, Published on 07/01/2020

» Nissan Motor Thailand has confirmed the beginning of an almost 11-billion-baht investment to produce hybrid vehicles with its e-Power technology this year at facilities in Samut Prakan.

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BUSINESS

Gulf forms JV to supply utility services for One Bangkok

Piyachart Maikaew, Published on 10/01/2020

» SET-listed Gulf Energy Development Plc on Friday announced a joint venture for power distribution and a district cooling system for the country's largest mixed-use project, One Bangkok

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BUSINESS

Honda still upbeat on eco-car sales

Business, Piyachart Maikaew, Published on 26/11/2019

» Japanese carmaker Honda Automobile Thailand is confident it can succeed with its new eco-cars after failing to meet production requirements in the scheme's first phase.