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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.

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.

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.

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.

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.

BUSINESS

'Resized' Tata says car sales in Thailand will continue

Business, Piyachart Maikaew, Published on 21/08/2019

» Tata Motors Thailand plans to keep a business presence in the country despite ceasing local assembly in the financial year that ended in March.

BUSINESS

Lower car sales on the cards

Business, Piyachart Maikaew, Published on 19/08/2019

» Overall car sales are expected to contract throughout the third quarter of 2019 after figures in July remained in the red for a second straight month, attributed to financial institutions tightening their car loan conditions in line with the Bank of Thailand's warning, say local distributors.

BUSINESS

Emissions standards worry Royal Enfield

Business, Piyachart Maikaew, Published on 16/08/2019

» Royal Enfield, the Indian maker of classic-style motorcycles, is concerned about an increase in prices after Thai authorities upgraded the emissions standards for motorcycles, effective later this year.

BUSINESS

Mini prepares for record-breaking sales

Business, Piyachart Maikaew, Published on 14/08/2019

» Mini Thailand is upbeat that its local deliveries this year will reach a record high for the third straight year amid flat growth in the luxury market.

BUSINESS

SAIC Motor-CP aims to become key pickup player

Business, Piyachart Maikaew, Published on 07/08/2019

» SAIC Motor-CP, the Thai-Chinese car maker, is keen on becoming a new player in the local pickup segment, expecting to sell 20,000 pickups per year.