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BUSINESS

Isuzu sticking with 2019 sales target

Business, Piyachart Maikaew, Published on 14/10/2019

» Tri Petch Isuzu Sales, the local distributor for the Japanese truck maker, is confident of achieving its 2019 sales target of 178,000 units amid many economic difficulties in Thailand's car market.

BUSINESS

FTI lowers car output forecast to 2m

Business, Piyachart Maikaew, Published on 19/10/2019

» The Federation of Thai Industries (FTI) has lowered its outlook for the country's car production this year to 2 million vehicles from 2.15 million, blaming bearish sentiment for both local sales and exports.

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BUSINESS

Borneo upbeat despite weak economy

Business, Piyachart Maikaew, Published on 21/10/2019

» Borneo Technical Thailand, a distributor and trader of industrial and automotive products, aims to increase revenue by 8-10% in fiscal 2019 ending next March amid a weak domestic economy.

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BUSINESS

TCP targets Myanmar with plant

Business, Piyachart Maikaew, Published on 22/10/2019

» TOA-Chugoku Paints (TCP) has earmarked 500 million baht to construct its first overseas paint factory in Myanmar, expecting to capture demand from megaprojects.

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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

AP Honda prepares for new excise tax

Business, Piyachart Maikaew, Published on 27/09/2019

» AP Honda, the local distribution unit of the Japanese motorcycle brand, estimates retail price tags will rise by 300-1,000 baht as the new excise tax for motorcycles comes into effect from early 2020.

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BUSINESS

AP Honda's veep ready to ride into the Thai sunset

Business, Piyachart Maikaew, Published on 28/09/2019

» September is Suchart Arunsaengroj's last month as vice-president of AP Honda, the local sales unit for Honda motorcycles, before his retirement.

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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

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.