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VinFast groundbreaking ceremony in Subang, Indonesia with executives and officials performing ceremonial soil turning with silver shovels under blue and white tent
Posted inNews

VinFast Invests $200M in Indonesia for New EV Assembly Plant

Breaking Ground in Southeast Asia: VinFast's Strategic Move into Indonesia's EV Market Vietnamese electric vehicle (EV) manufacturer VinFast has officially begun construction on its new assembly plant in Subang, West…..
17 July 2024
Red Sinopec fuel tanker trucks with Chinese characters and workers in blue Sinopec uniforms inspecting vehicles at border facility
Posted inNews

Laos Turns to China for Gasoline Imports Amid Economic Crisis

Laos has shifted its gasoline imports from Thailand to China due to an ongoing economic crisis that has left the country with insufficient foreign currency reserves. This strategic move comes…..
17 July 2024
Speaker at AMCHAM Thailand podium discussing US-Thai trade relations and future economic outlook
Posted inAnalysis

Trump’s Return: Impact on Thai-US Trade and Automotive Sector

Navigating Uncertainty: Assessing Trade Dynamics in a Potential Trump Comeback The upcoming US presidential election in November 2024 could significantly impact global trade dynamics, with potential consequences for Thailand's economy.…..
17 July 2024
Line graph illustrating Indonesia's interest rate from 2020 to 2024, showing a decrease followed by a significant increase.
Posted inAnalysis

Indonesia’s Auto Market Faces 11.8% Sales Decline in June 2024

Economic Challenges and High Interest Rates Contribute to Decline The Indonesian automotive industry faced another challenging month as car sales continued to decline in June 2024. According to the latest…..
16 July 2024
White Honda Accord Gen 11 e:HEV with 'All-new Accord' and 'Honda Sensing' displayed in the background.
Posted inAnalysis

Honda Accord vs D-Segment Rivals: Thailand Market Analysis

Market Share Shifts and Competitive Landscape in Thailand's Premium Sedan Segment Upon reviewing the sales data for D-segment cars in Thailand, we can assess the performance of the Honda Accord…..
16 July 2024
Geely Radar RD6 pickup truck in desert beige featuring distinctive LED headlights, bold RADAR lettering, and two-tone alloy wheels against snowy mountain backdrop
Posted inNews

New EV Brands Set to Launch in Thailand by 2024

Several new electric vehicle (EV) brands are expected to launch in Thailand in 2024. Key brands and their plans are as follow: New EV Brands Launching in Thailand in 2024…..
16 July 2024
Chart showing the percentage change in Thailand's consumer confidence from July 2023 to May 2024, with a trend line indicating a decrease over time.
Posted inAnalysis

Thailand’s Declining Consumer Confidence: Impact on Auto Market

Weakening Economic Sentiment and High Household Debt Pose Challenges for Thai Auto Industry In June 2024, Thailand's consumer confidence reached a nine-month low, continuing a downward trend observed over the…..
12 July 2024
Line graph illustrating total vehicle sales in Thailand from 2020 to 2024, showing fluctuations and a recent decline in sales.
Posted inAnalysis

Stricter Auto Loan Criteria Driving Thailand’s Car Sales Decline

Financial Tightening Leads to Double-Digit Sales Decline and Industry-Wide Ripple Effects The automotive market in Thailand is experiencing a significant downturn due to the stricter criteria for auto loans, resulting…..
12 July 2024
White electric SUV with sleek design, LED headlights, and SERES branding displayed in a modern showroom setting
Posted inNews

Chinese EV Makers to Establish Manufacturing in Thailand by 2025

Emerging Players and Strategic Investments Reshape Thailand's Automotive Landscape Several Chinese automakers, known for their expertise in electric vehicle (EV) technology, have set their sights on Thailand as a strategic…..
11 July 2024
Electric vehicle charging station with red car at night
Posted inAnalysis

Thailand’s EV 3.5 Policy: Transforming the Automotive Industry

Ambitious Incentives and Production Targets Aim to Accelerate EV Adoption and Manufacturing Thailand's EV 3.5 Policy: Driving the Future of Electric Vehicles (2024-2027) Timeframe The EV 3.5 policy will be…..
11 July 2024

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