Tag: car production
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Thailand’s September car production drops 6.08% on year
BANGKOK, Oct 27 : Car production in Thailand dropped 6.08 per cent in September from a year earlier to 120,319 units, the Federation of Thai Industries said on Tuesday.• The reading followed a rise of 10.93 per cent in August• Thailand is Southeast Asia’s biggest auto production centre It is an e
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Thailand’s August car production rises 10.9% on year
BANGKOK, Sept 28 : Car production in Thailand rose 10.93 per cent in August from a year earlier to 124,646 units, the Federation of Thai Industries said on Monday.• The reading follows a rise of 6.12 per cent in July.• August domestic car sales were up 25.59 per cent from a year earlier, followin
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Thailand car production rises 6.1% on year in July
BANGKOK, Aug 25 : Car production in Thailand rose 6.12 per cent in July from a year earlier to 117,383 units, the Federation of Thai Industries said on Tuesday.• The reading follows a year-on-year fall of 7.55 per cent in June. The FTI has previously forecast a 3.33 per cent drop in car production for…
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Thailand to cut excise tax for car production, minister says
BANGKOK, Aug 7 : Thailand plans to cut excise tax rates for automakers that establish production facilities in the country to encourage greater use of locally sourced parts and raw materials, the finance minister said on Friday.• The ministry expects to submit the proposal to the cabinet by September, Ekni
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Kia to invest $649 million to bring electric car production to Mexico
MEXICO CITY, July 29 : South Korea’s Kia will produce and sell fully electric vehicles in Mexico, managing director for the company Horacio Chavez said on Wednesday. The car manufacturer will invest $649 million in Mexico, he added during President Claudia Sheinbaum’s daily press conference.The electr
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