Tag Archives | Automotive

Auto industry expected to reap huge benefits from AFTA

Thailand is set to benefit tremendously from the elimination of import duties on automobiles and parts under the Asean Free Trade Area scheme, industry leaders say. The 5% tax on automobiles and parts traded among the six founding Asean countries -Thailand, Malaysia, Singapore, Brunei, the Philippines and Indonesia – was abolished on January 1, in a move towards turning […]

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Big sales seen at motor expo

As many as 8,300 orders for new vehicles have been placed at the halfway point of the Thailand International Motor Expo, reflecting a return of consumer purchasing power as the Thai automobile market recovers from the economic downturn. Toyota has been the most popular brand, with 2,099 orders, followed by Honda with 1,661. Kwanchai Paphatphong, the organiser of the […]

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Auto companies are banking on Motor Expo for a traditional year-end boost

Automobile companies participating at the 26th Thailand International Motor Expo are hoping the event will serve as consolation for a poor year for sales. Organisers of the Motor Expo say sales at this year’s event should be close to last year’s 17,000 vehicles. Positive factors include the easing recession, as well as more stable oil prices and the […]

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BoI won’t ease criteria for eco-car perks

The Board of Investment will not change its criteria for privileges to promote the local manufacture of eco-cars despite calls from automakers for the conditions to be eased, says Arthit Vuthikaro, chief of the Industry Ministry’s Office of Industrial Economics. Many automakers whose eco-car projects have already been approved for BoI privileges have now said they will unlikely be […]

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Auto exports down 36.21% in Aug

Thai auto exports fell by more than a third in August owing to a persistent decline in overseas demand. The Federation of Thai Industries’ auto sector said yesterday vehicle shipments fell by 36.21 per cent year-on-year to 43,106 units — although numbers were up 17.92 per cent from the previous month of July, FTI’s Automotive Industry Club […]

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Automakers rehire as demand picks up

As demand for passenger cars in both the domestic and export markets start to recover, many auto producers in Thailand are rehiring workers who have been laid-off since last year. Toyota Motor Thailand, the biggest auto-maker in the country, has also taken back a large number of workers as demand for Toyota passenger cars started to grow in […]

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