automotive
- Thailand News
Czech mate: Thailand’s wheels of fortune spin with potential investments
The Czech Republic has expressed interest in investing in Thailand’s automotive and medical sectors, according to Nalinnee Taveesin, Thai Trade Representative. The Czechs are keen to establish economic partnerships in Thailand’s automotive industry, to attract Czech automotive companies for investment, develop technology, and set up production bases in Thailand. The companies showing interest are the Skoda Group (Volkswagen Group), a…
- Business News
Great Wall Motor to launch eight EV models in Thailand next year
Great Wall Motor (GWM), the Chinese auto manufacturer, announced its intentions to begin the production of eight electric vehicle (EV) models at its Rayong factory in the early part of next year. This move is in response to the surging demand for EVs, a trend that is predicted to boost Thailand’s total EV sales to 100,000 cars by 2024. The…
- Business News
Thai automotive industry under threat amid political uncertainty and loan concerns
The Thai automotive industry is under threat due to a potential delay in forming a new government, following a marked decline in domestic car sales in the first half of this year. As noted by Toyota Motor Thailand, the ongoing political uncertainty is likely to postpone car purchases from potential customers both domestically and in the business sector. Individuals and…
- Business News
Customs facilitation reform urged by Thailand’s finance minister to boost automotive sector
Finance Minister Arkhom Termpittayapaisith recently issued an appeal to the Customs Department of Thailand to streamline the customs facilitation formalities for both exports and imports. His appeal is aimed especially at boosting the activity of the automotive field. Following a discussion held with a group of investors from Japan in the core of June, Arkhom instructed the department to better…
- Business News
Chinese suppliers protest Changan’s 10% payment cut amid price war
In the wake of an ongoing price war among automobile manufacturers in China, Chongqing Changan Automobile, a state-owned automaker, has faced backlash from its suppliers after cutting their payments by 10%. The suppliers claim that they are being unfairly forced to bear the brunt of the intense competition in the world’s largest auto market. Since January, over 40 brands have…
- China News
SAIC Motor begins construction of new energy industrial park in Thailand
Chinese car manufacturer SAIC Motor has commenced construction on a new energy industrial park in Thailand, focusing primarily on localised production of vital automotive components for the company’s new energy vehicles (NEVs). SAIC has announced the park’s Phase I construction is projected to wrap up this year, while the park’s full completion is expected by 2025. Situated in Chonburi province,…
- Business News
Japanese automakers struggle in China amid rapid shift to electric vehicles
The sales crisis for Japan’s automakers in China continues, as industry data reveals a rapid shift towards electric vehicles (EVs), resulting in a steep decline in gasoline-powered vehicle purchases. In the first quarter, total sales of Japanese auto brands in China dropped by 32% year-on-year, more than twice the rate of overall market contraction. While automakers such as Volkswagen AG…
- Automotive
Essential tips for maintaining your car’s cooling system
A car’s cooling system is an essential component of an automobile, designed to regulate the temperature of the vehicle’s engine and prevent it from overheating. The car cooling system ensures that the engine operates within an optimal temperature range, which is crucial for maintaining its performance, efficiency, and longevity. Comprised of various interconnected parts, such as a radiator, water pump,…
