Latest News for: Thailand car sales

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Thai auto sector reels from falling orders and soaring household debt

The News International 28 Sep 2024
The main culprit is household debt of $484 billion, or 90.8 per cent of Thailand’s gross domestic product as of March 2024, among the highest ratios in Asia, which has put the brakes on car sales.
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Dream car?

Taipei Times 27 Aug 2024
Thailand’s auto market continues to slow down, with total ...
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EV sales to pick up in ASEAN: Malaysia research house

Xinhua 02 Aug 2024
It also noted that in the next two years, Chinese carmakers would have production capacity of about 750,000 cars annually in Thailand ... Thailand's fully electric car sales also increased 41.8 percent year on year to 26,377 units from January to April.
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Sales boom enjoyed by Chinese marques

China.dot.org 08 Jul 2024
Chinese automakers saw a significant increase in car sales in June, with several new energy vehicle brands achieving their best monthly sales performance of the year thanks to a series of promotional events and trade-in stimulus policies.
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BYD to Open Thai Factory as New EU Tariffs on China EVs Kick In

Caixin Online 04 Jul 2024
... in Thailand, where an economic slowdown and a rise in car loan rejections are weighing on sales.
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Toyota test EV Hilux in Thailand

Business Day 16 May 2024
Ganesh said Toyota expects hybrid sales to grow in Thailand ... In 2023, the company sold a little over 30,000 hybrid cars in Thailand, contributing about 11.5% of its overall vehicle sales in the country.
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South Africa should take a leaf out of China’s electric vehicle book

Independent online (SA) 10 May 2024
This includes Thailand where, despite overall car sales decreasing from 2022 to 2023, EV registrations quadrupled to 90 000 last year, making up 10% of all car sales. In India, EV sales were up 70% ...
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China making plans to build and ship EVs from Thailand

Asiatimes 03 May 2024
BANGKOK – China’s imported electric vehicles (EVs) are heavily denting US and Japanese car sales in Thailand, prompting Chinese manufacturers to invest more than a billion dollars to assemble ...
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Thailand's auto production drops further in March

Xinhua 25 Apr 2024
However, sales of hybrid electric passenger cars jumped 70.24 percent in March over the previous year to 12,688 units, while plug-in hybrid electric passenger cars rose 42.55 percent to 201 units.
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Electric cars pass the tipping point to mass adoption in 31 countries

The Oakland Press 01 Apr 2024
when 5% of new car sales are purely electric ... Thailand emerged as Southeast Asia’s EV pioneer, surpassing the 5% threshold in the first quarter of 2023 and then rising to nearly 13% of new car sales by the last quarter.
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Slumps in China and Japan dent Toyota’s global sales

Business Day 28 Mar 2024
Toyota Motor’s global sales dropped 7% in February from a year earlier, hurt by a decline in China due to the Lunar New Year holidays and a slump in Japan after a safety test scandal at its small car unit.
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India’s EV revolution: How to navigate challenges, accelerate adoption

Deccan Herald 07 Mar 2024
Globally, about a fifth of all car sold in 2023 were electric cars.</p>.Go beyond GHGs to clean air faster.<p>In emerging and developing economies such as India, Indonesia, and Thailand, sales of electric cars have lagged.
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BYD’s Thai distributor to triple EV dealerships

Business Day 19 Jan 2024
Rever Automotive, the distributor that helped launch BYD in Thailand in late 2022, will add 200 dealerships by end-2025, expand commercial vehicles offerings and enter new passenger car segments, CEO Pratarnwong Phornprapha told Reuters.

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