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Key Automotive Trends for 2025
Electric vehicles are set to dominate the market, with a 17% growth in shipments in 2025 and over 50% of all models expected to be electric by 2030, as predicted by Gartner.
Thailand's Car Production Down 28% in November
In November 2024, Thailand produced a total of 117,251 cars, a decrease of 28.23% from the 163,337 units produced in November 2023. The decline was driven by a 20.67% decrease in e…
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Thailand’s January 2025 Auto Production Plunges 24.63% Amid Domestic and Export Decline
Thailand's total vehicle production in January 2025 stood at 107,103 units, marking a sharp decline of 24.63% compared to January 2024. The drop was observed in both domestic and e…
Thailand BOI Issues Incentives to attract World-Class Events; Expands PCB Manufacturing Incentives to Cover the Entire Supply Chain
Mr. Parnpree Bahiddha-Nukara, Deputy Prime Minister and Chairman of the BOI, also approved a revision of the types of businesses qualified to receive incentives granted to manufact…
Thailand Car Production Drops 16.62% in July 2024 Due to Domestic Car Sales Crash
Thailand's vehicle production in July 2024 reached 124,829 units, a 16.62% drop year-on-year. This was primarily caused by a 40.85% decrease in domestic sales.
Samut Sakhon: Champion for the largest number of new factories in November 2021
Samut Sakhon was the province where 33 new factories opened, the largest number with the total capital of 1,380 million baht.
Thailand’s Motorcycle Sales Drop 9.35% in 2024, BEV Plummets Over 50%
The Automotive Industry Club of the Federation of Thai Industries (FTI) reported that Thailand’s total motorcycle sales in 2024 reached 1,683,239 units, marking a 9.35% decline fro…
Automotive Industry Stumbles! Vehicle Production Down 25.48% in September
In September 2024, Thailand's total vehicle production reached 122,277 units, marking a 25.48% decrease compared to September 2023, with the decline impacting both export productio…
Japanese Tire Makers Invest Aggressively: Four Firms to Surpass 600 Billion Yen
Tires Expand Through Aggressive Investments: Four Companies to Reach 600 Billion Yen, Boosting Production of High-Value-Added Products
Thailand's Car Production Plunges 17.37% in December
Thailand produced 104,878 vehicles in December 2024, marking a 17.37% drop year-on-year. The decline was driven by both domestic and export market weakness.
ASEAN-Japan Collaborate on Next-Generation Vehicle Strategy, with a Roadmap to 2035
Japanese manufacturers hold a significant market share in ASEAN, but Chinese automakers have been gaining ground in recent years. By deepening cooperation with ASEAN, Japan aims to…
Japan's Machine Tool Orders Slip Again in August 2024
Japan's machine tool orders fell for the second consecutive month in August, according to the latest JMTBA data. The total value of orders placed in August stood at 110.770 billion…
Chonburi: Champions for the largest number of new factories in March 2022
Chonburi was the province where 26 new factories opened, the largest number with the total capital of 1,894 million baht.
Toyota's Move Could Reshape the Steel Market
The hot-rolled steel market, once stable, is now facing a potential decline. Toyota's recent price cut on automotive steel has sparked concerns.
Worldwide Semiconductor Revenue Forecast to Grow 14% in 2025
Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, according to the latest forecast from Gartner
Okamoto Unveils Quick Touch Technology at METALEX 2024
Okamoto is introducing a groundbreaking solution at METALEX 2024. The new Quick Touch technology simplifies and accelerates the grinding process, offering unparalleled accuracy and…
Japan's Machine Tool Orders in November 2024: Thailand Leads with 27% Growth
The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japanese machine tools in November 2024 amounted to 119.327 billion yen ($756.71 million), repr…
Japan's Machine Tool Orders Surpass 140 Billion Yen for the First Time in 21 Months in December 2024
JMTBA reported that total machine tool orders in December 2024 reached 143.09 billion yen (approximately U$942.13 million), marking a 19.9% increase from November.
Samut Prakan: Champion for the largest number of new factories in October 2021
Samut Prakan was the province where 19 new factories opened, the largest number with the total capital of 680 million baht.
Japan Machine Tool Orders: May 2024
Orders for Japanese machine tools worldwide in May 2024 amounted to 124.53 billion yen (US$774.71 million), up 3.0% from the previous month, and a 4.2% increase from the same month…
