Thailand's vehicle production in May 2024 reached 126,161 units, a 16.19% decline from last year. The decrease is attributed to subdued domestic sales, sluggish economic growth, an…
New factories were licensed in May 2024, totaled 171 factories. Chonburi was the province where 23 new factories opened, the largest number with the total capital of 2,638.07 mill…
Thailand's vehicle production in June 2024 totaled 116,289 units, marking a 20.11% decline from the previous year and a 7.82% drop from May. The main factor was a significant reduc…
Fraud in automobile-type approvals applications is sending ripples through the industry. The incident, which began at Daihatsu Motor has spread to five domestic passenger car manuf…
New factories were licensed in June 2024, totaled 183 factories. Rayong was the province where 23 new factories opened, the largest number with the total capital of 1,300.70 milli…
Toyota has decided to keep prices unchanged for parts procurement in the second half of the 2024 fiscal year, including for large-scale suppliers, to alleviate the burden of risin…
Japanese companies have significantly increased their research and development (R&D) spending for the 15th consecutive year. Toyota Motor Corporation has maintained its position as…
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.
Kubota is expanding its Thailand factory to increase annual production of industrial diesel engines from 120,000 to 160,000 units by 2026. The investment is estimated to be several…
New factories were licensed in July 2024, totaled 186 factories. Chonburi was the province where 21 new factories opened, the largest number with the total capital of 1,881.82 mill…
Thailand's automotive production experienced a substantial decline in August 2024, with a total of 119,680 units produced—a 20.56% decrease compared to the same month in 2023.
The hot-rolled steel market, once stable, is now facing a potential decline. Toyota's recent price cut on automotive steel has sparked concerns.
New factories were licensed in August 2024, totaled 183 factories. Chonburi was the province where 26 new factories opened, the largest number with the total capital of 1,530.30 mi…
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…
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…
Hitachi Construction Machinery will begin mass production of ultra-large hydraulic excavators with vehicle weights of 120 tons at its Indonesia factory from November.
New factories were licensed in September 2024, totaled 257 factories. Samut Prakan was the province where 53 new factories opened, the largest number with the total capital of 3,…
Proterial, formerly Hitachi Metals, has developed a cutting-edge magnetic sheet and panel using soft magnetic materials to enhance non-contact charging systems for electric vehicle…
Global sales by seven passenger car companies have declined by 1.4%, marking the first year-on-year drop in two years. Intensifying competition in China and North America is puttin…
In October 2024, Thailand produced a total of 118,842 cars, a decrease of 25.13% from the 158,819 units produced in October 2023. The decline was driven by a 7.00% decrease in expo…
New factories were licensed in October 2024, totaled 151 factories. Samut Sakhon was the province where 26 new factories opened, the largest number with the total capital of 973.8…
Toyota overcomes headwinds to maintain profitability, steady cost reduction activities and other efforts resulted in an operating profit of 2.4642 trillion yen for the April-Septem…
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…
New factories were licensed in November 2024, totaled 165 factories. Rayong was the province where 18 new factories opened, the largest number with the total capital of 2,283.79 mi…
Japanese companies are “expanding” into China at a rate of just 21% due to sluggish domestic demand and U.S. sanctions, according to a JETRO survey.
BOI said today that applications for investment promotion in 2024 soared 35% in value to 1.14 trillion baht (ca. USD 33 billion), the highest level since 2014, led by large foreign…
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.
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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 BOI Approves Investments Worth A Total of US$5 Billion, Including TikTok’s Data Hosting Project.
The Automotive Industry Club of the Federation of Thai Industries (FTI) has reported that Thailand's total vehicle sales in 2024 reached 572,675 units, marking a significant declin…
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…
New factories were licensed in December 2024, totaled 141 factories. Chonburi was the province where 14 new factories opened, the largest number with the total capital of 816.28 mi…
Mazda investing 5,000 Million Baht to established xEVs manufacturing and electrified B-SUV with an annual capacity of 100,000 units, targeting to drive business with Customer-Centr…
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…
The MoU aims to support EECO’s 5-year target of attracting THB500 billion to Thailand’s high-value industries
Isuzu Motors is set to launch an electric vehicle (EV) model of its D-MAX pickup truck (LCV) in the UK as early as 2026.
New factories were licensed in January 2025, totaled 147 factories (18,119.94 million baht). Chonburi province led the pack with 34 new factory licenses and a total investment of o…
Thailand & Japan Unite for Green Industry! Launch Sustainable Business Desk to Drive Carbon Neutrality
Suzuki Motor Corporation has unveiled a new mid-term business plan, focusing on restructuring its operations in India—its most crucial market—to drive growth.
A Global Business Matching Platform Aiming to Position Thailand as a Hub for Future Mobility Manufacturing
Thailand is positioning itself as a top investment hub. At Ignite Thailand, PM Paetongtarn Shinawatra reaffirmed commitment to investor confidence and economic growth.
Thailand BOI Approves 200 Billion Baht Investments in Rail and Digital Infrastructure Projects
Tires Expand Through Aggressive Investments: Four Companies to Reach 600 Billion Yen, Boosting Production of High-Value-Added Products
Thailand’s total vehicle production in February 2025 reached 115,487 units, a decline of 13.62% compared to February 2024. This decrease was primarily driven by a 21.26% drop in do…
New factories were licensed in February 2025, totaled 144 factories (22,858.73 million baht). Chonburi province led the pack with 33 new factory licenses and a total investment of …
