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BUSINESS

Motor Expo bookings down 16.2%

Piyachart Maikaew, Published on 11/12/2019

» Exhibitors at the 36th Thailand International Motor Expo took 44,740 bookings for cars and motorcycles, down 16.2% on the last year's show.

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BUSINESS

Toyota anticipates decade of electric cars

Business, Piyachart Maikaew, Published on 12/11/2019

» Toyota Motor Corporation expects in the next decade people will gear up for sales of electrified vehicles, covering four categories: hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

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BUSINESS

Local Mazda plant slashes overtime

Business, Piyachart Maikaew, Published on 13/11/2019

» Mazda's operation in Thailand has reduced its overtime payments for local workers as it production plan for this year decreased in line with lower exports and domestic sales, attributed to the US-China trade war.

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BUSINESS

B.Grimm's Korean projects firming up

Business, Piyachart Maikaew, Published on 15/11/2019

» SET-listed B.Grimm Power Plc expects to conclude development plans for new power projects in South Korea by December after forging partnerships with two local companies during 2018-19.

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BUSINESS

Nissan readies 3-year, B10bn spending plan

Business, Piyachart Maikaew, Published on 16/11/2019

» Nissan Motor Thailand plans to assign 10 billion baht for a three-year business plan to increase production capacity and develop new vehicles at its facilities in Samut Prakan.

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BUSINESS

Car sales down 11% y/y

Piyachart Maikaew, Published on 20/11/2019

» Car sales fell in October year-on-year, totalling at 77,121 units, down by 11.3% on the same month in 2018, the Federation of Thai Industries announced on Wednesday.

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BUSINESS

Industry sentiment at 17-month low

Piyachart Maikaew, Published on 20/11/2019

» Thai Industries Sentiment Index (TISI) for October hit its lowest level in 17 months, the Federation of Thai Industries (FTI) reported on Wednesday.

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BUSINESS

Scania to miss target as market shrinks

Business, Piyachart Maikaew, Published on 22/11/2019

» Scania Siam, the local distribution arm of the Swedish bus and truck maker, says the company is unlikely to meet its sales target for 2019 because of a contraction in Thai commercial vehicle sales.

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BUSINESS

Honda still upbeat on eco-car sales

Business, Piyachart Maikaew, Published on 26/11/2019

» Japanese carmaker Honda Automobile Thailand is confident it can succeed with its new eco-cars after failing to meet production requirements in the scheme's first phase.

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BUSINESS

Car market confident 2020 sales will hit 1m

Business, Piyachart Maikaew, Published on 29/11/2019

» Local car distributors remain optimistic that the car market will reach 1 million sold for a third straight year in 2020, with an economic recovery predicted in next year's second half.