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Premium cars cannot avoid plunge in sales

Business, Lamonphet Apisitniran, Published on 08/06/2024

» The decline in domestic car sales is having a broad impact on the automotive industry, even dampening the premium car segment, which typically resists downturns in consumer spending, according to Mercedes-Benz (Thailand).

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MOTORING

Producers maintain motorcycle output target

Business, Lamonphet Apisitniran, Published on 04/06/2024

» Thailand's motorcycle manufacturing output is expected to reach its target of 2.12 million units this year despite a decrease in production during the first four months of 2024, says the Federation of Thai Industries (FTI).

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MOTORING

Lamborghini preps electric 'super car'

Business, Lamonphet Apisitniran, Published on 17/05/2024

» Automobili Lamborghini, an Italian manufacturer of luxury sports cars, plans to bring its new electric "super car" to Thailand, debuting it globally in 2028 as part of efforts to cut carbon dioxide emissions.

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MOTORING

EV sales expected to miss target

Business, Lamonphet Apisitniran, Published on 18/04/2024

» Electric vehicle sales in Thailand are expected to miss the estimate of 130,000 units this year as prices are likely to keep changing, attributed to a price war among Chinese EV makers, says Hyundai Mobility Thailand, a subsidiary of the Korean automaker.

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MOTORING

Industrial Estate Authority touts new Smart Park

Business, Lamonphet Apisitniran, Published on 16/04/2024

» Chinese firms expressed interest in investing in electric vehicle (EV) supply chain and energy businesses in Smart Park Industrial Estate in Rayong, which is scheduled to open by the end of this year, says the Industrial Estate Authority of Thailand (IEAT).

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MOTORING

Car firms warned of new Australia rule

Business, Lamonphet Apisitniran, Published on 06/04/2024

» Auto exports to Australia may be affected by a new trade barrier expected to be imposed on new cars shipped to the country next year, warns the Thai Automotive Industry Association (TAIA).

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MOTORING

Vietnam’s Vinfast focusing on Thailand’s EV market

Business, Lamonphet Apisitniran, Published on 04/04/2024

» Vietnamese electric vehicle maker Vinfast is competing with Chinese car companies to market its EVs in Southeast Asia, aiming to benefit from the Asean Free Trade Agreement (Afta).

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MOTORING

EV sales rise at motor show

Business, Lamonphet Apisitniran, Published on 02/04/2024

» Bookings for electric vehicles (EVs) are expected to keep growing throughout the Bangkok International Motor Show, thanks to the launch of new EV models and sales promotion campaigns, says the Federation of Thai Industries (FTI).

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MOTORING

Domestic sales still plummeting

Business, Lamonphet Apisitniran, Published on 27/03/2024

» Domestic car sales continued to decline, especially in the pickup segment, falling by 26% year-on-year in February, which is expected to be the lowest level in two years, says the Federation of Thai Industries (FTI).

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MOTORING

Chinese manufacturers fuel EV market

Business, Lamonphet Apisitniran, Published on 26/03/2024

» The local electric vehicle market will continue to grow rapidly, driven by more investment from Chinese EV makers in Thailand, causing manufacturers to cut prices to attract consumers, according to major car companies.