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BUSINESS

Car sales down in August, overall sales up

Piyachart Maikaew, Published on 17/09/2019

» Vehicle sales contracted in August for the third month in a row, largely on rejection of car loan applications under new guidelines, the Federation of Thai Industries (FTI) reported on Tuesday.

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BUSINESS

Industry sentiment plunges to 10-month low

Piyachart Maikaew, Published on 17/09/2019

» The Thai Industries Sentiment Index dropped in August to 92.8 points, the lowest in 10 months, on business concerns about people's lower purchasing power and a bearish sentiment on exports, the Federation of Thai Industries (FTI) reported on Tuesday.

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BUSINESS

FTI: Car sales slump as headwinds abound

Business, Piyachart Maikaew, Published on 18/09/2019

» Thailand's automotive industry is suffering from myriad negative factors, including lower GDP growth, rising US-China trade tensions and pressure on local sales and exports, says the Federation of Thai Industries (FTI).

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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

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.

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BUSINESS

Industry sentiment drops

Piyachart Maikaew, Published on 22/08/2019

» The Thai Industries Sentiment Index (TISI) dropped in July to 93.5 points on bearish exports and rising US-China trade war tensions, the Federation of Thai Industries (FTI) said on Thursday.

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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

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.