EVs, mobility brands and how Asian drivers shop for their next car.
In May, Thailand’s automotive industry experienced a sharp decline in vehicle production, which fell 17.94% year-on-year to 114,214 units. The slump was primarily due to decreased exports amidst political tensions in the Middle East and reduced demand in key…
Thailand will introduce a 45% tax on imported vintage cars in fiscal year 2026, a strategic move projected to boost government revenue by an additional THB1-2 billion (US$31.4-62.9 million) annually. The regulations accompanying this tax will restrict these…
Domestic car sales in Thailand experienced a glimmer of hope in April, marking a 1% year-on-year increase—the first boost in nearly two years, as reported by the Federation of Thai Industries (FTI). This slight recovery comes as a welcome surprise amid a…
Thailand’s car production in 2024 dropped 20% from the previous year to a four-year low, owing to weaker domestic sales and exports, the Federation of Thai Industries (FTI) said. Car output dropped to 1.47 million units from 1.83 million in 2023. Production…
Luxury auto sales in Thailand plunged 25% to 30,000 units last year as a struggling economy hurt buyers. The slow economic expansion rate (projected to be 2.4-2.7%) and banks’ tighter criteria for auto loans have resulted in a negative impact across the the…
Thailand’s Board of Investment (BoI) has announced that the government would extend deadlines for electric vehicle (EV) manufacturers to meet domestic production quotas, addressing weak local market demand. Under the current EV 3.0 incentive program,…
According to the research firm Counterpoint Research, EV sales in the region more than doubled in the January to March quarter from a year before. Sales of ICE cars,meanwhile, slid by 7%. “Vietnam saw an even more impressive growth, with BEV (battery electric…
Tasco, a distributor for 14 auto brands, plans to branch into car assembling, and will launch its first products next year. At the annual general meeting last week, its management told shareholders about the plan without disclosing what brand or brands it…
A motorbike dealer has just imported a batch of the latest model of the Honda Dream, an iconic vehicle that was all the craze a few decades ago. Previously the bike used to sell for VND100 million (US$3,970), while the new one is marked at $2,500 in Cambodia,…
Indonesia surpassed Thailand as Vietnam’s largest car exporter in 2022, with 72,671 cars exported. According to statistics released by Vietnam Customs, Vietnam imported 173,467 cars in 2022, an 8.5% increase from 2021. Indonesia, Thailand and China were the…
Tesla Inc launched two electric vehicle (EV) models in Thailand on Wednesday, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers. The launch of two EVs with prices ranging between 1.7 million baht to 2.5…
Vietnam ranks fourth in Southeast Asia in auto production in the first 10 months at 362,000 units, up 16.4% year-on-year, according to the General Statistics Office. Thailand leads the region with nearly 1.6 million units made in the period, followed by…
Toyota has called a halt to the import of its 2022 Hilux pickup into Vietnam over a lack of diesel supply meeting Euro 5 standards. Using low-quality diesel could damage the Hilux’s engine, and supply of Euro 5 diesel (DO-V) outside Ho Chi Minh City and Hanoi…
Some 83 Triumph Trident 660 sportbikes were recalled in Vietnam since their kickstands may be prone to bending. The units were made in Thailand between Feb. 7 and May 15 last year, according to Vietnam Register. A representative of Triumph Vietnam said the…
Thousands attended the Bangkok International Motor Show this week where electric vehicles (EVs) were in the spotlight due to rising petrol prices and a government subsidy taking 15% off the price of some EV cars. Thailand, along with most other countries in…
Chinese automaker Great Wall Motor has signed an agreement with Thailand’s government to slash retail prices of its electric vehicles, an executive said on Tuesday, a move aimed at boosting domestic EV sales and production. The agreement, which involves a…
Evergreen guides that explain the mechanics behind this coverage.
Thailand
A mature, highly organised retail market where a handful of groups control the best space, tourism moves the numbers, and convenience density is world-class.
Asia Market Guides · 10 min read
Thailand
Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Thailand.
Asia Market Guides · 8 min read
Thailand
How last-mile delivery works in Thailand, what drives cost per drop, and how to set a service promise you can keep.
Asia Market Guides · 8 min read
Thailand
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Thailand.
Asia Market Guides · 8 min read
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