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BUSINESS

Honda objects to Eco EV tech standards

Business, Piyachart Maikaew, Published on 20/03/2019

» Honda Automobile Thailand has joined the chorus opposing the government's Eco EV programme, saying the simple and cheap EV technology the government is recommending is not suitable for the Japanese car maker's vehicles.

BUSINESS

GPSC mulls de-listing Glow from bourse

Business, Piyachart Maikaew, Published on 16/03/2019

» Global Power Synergy Plc (GPSC) Plc is considering de-listing Glow Energy Plc from the stock market after GPSC completes the takeover process of Glow in the first half of 2019.

BUSINESS

Eco EV turned down by 3 car makers

Business, Piyachart Maikaew, Published on 15/03/2019

» Three Japanese car makers have passed on joining the government's scheme to promote electric vehicles, Eco EV, because they are not ready to adopt the new technology and have asked for a one-year extension, says the Office of Industrial Economics (OIE).

BUSINESS

FTI ready to lobby for Euro 5-6 perks

Business, Piyachart Maikaew, Published on 12/03/2019

» The Federation of Thai Industries (FTI) plans to lobby the next administration for more tax incentives for automakers, in response to the current government's policy to upgrade vehicle fuel standards to Euro 5 and 6, a move the FTI finds unclear and unattractive.

BUSINESS

Rizen undeterred by light EV deliveries

Business, Piyachart Maikaew, Published on 08/03/2019

» Despite limited deliveries of electric vehicles, Rizen Energy Co, the importer and distributor of China's BYD EVs, is keen to introduce two new models in 2019 with an expectation of over 100 cars sold.

BUSINESS

BMW leaps on China export opportunity

Business, Piyachart Maikaew, Published on 27/02/2019

» BMW Group Thailand plans to export more locally assembled cars to China this year to expand the footprint of the Rayong plant.

BUSINESS

Auto output up 8% in January

Piyachart Maikaew, Published on 21/02/2019

» Automotive output in January stood at 179,595 units, up year-on-year by 8.06%, on increased production for domestic and overseas markets, the Federation of Thai Industries said on Thursday.

BUSINESS

EA allots B1.5bn for electrified boats, cars

Business, Piyachart Maikaew, Published on 15/02/2019

» SET-listed Energy Absolute Plc (EA) plans to allocate 1.5 billion baht for its new electrified boats and cars, expected to be available in the local market in the fourth quarter.

BUSINESS

Isuzu worries over Euro 5-6 parts limitations

Business, Piyachart Maikaew, Published on 14/02/2019

» Thai auto parts suppliers' ability to upgrade components for locally made vehicles to meet Euro 5 and 6 standards is limited, leaving automakers concerned about the higher production cost for cars in the near future, says Tri Petch Isuzu Sales, the local distributor of Isuzu trucks.

BUSINESS

Yamaha to boost sales despite murky view

Business, Piyachart Maikaew, Published on 09/02/2019

» Thai Yamaha Motor Co, the local unit of the Japanese motorcycle maker, plans to beef up sales this year to 285,000 units, a 5.6% rise, amid cloudy sentiment in the local motorcycle market.