Local prices mirror global trends. There is no evidence to suggest that petrol companies conspire to control oil prices in Singapore, according to a study by the Competition Commission of Singapore (CCS). The study showed that local oil retailers base their…
Mazda Sales (Thailand) has launched the facelifted CX-5 with tweaked looks, new safety and convenience features, more economical drivetrains and slightly lower retail prices. Exterior changes include new front grille design and LED daytime running lights with…
Royal Enfield has just opened up its first exclusive showroom in Thailand, which is located in Thonglor, Bangkok. The Royal Enfield’s retail store there has been set up by General Auto Supply Co Ltd. The showroom will sell the Royal Enfield Bullet priced at…
Citi upgraded its bond call on the Jaguar Land Rover unit of Tata Motors after Tata reported earnings last week. Tata stock, down 25% so far this year, is off by 54% over 12 months, prompting Goldman Sachs to close its sell rating on Tata Motors equity…
The Toyota Motor Corporation (TMC) group is ready to invest Rp5.4 trillion in Indonesia this year, according to Industry Minister Saleh Husin. Husin received the pledge during a meeting with TMC Executive Vice President Seiichi Sudo in Nagoya, Japan, on…
It’s no secret that electric-car maker Tesla Motors is ramping up its efforts in China. Despite some initial challenges in the country when the company launched in the market in 2014, it still believes China could be one of its largest vehicle markets “within…
Motor vehicles lifted Singapore’s retail sales to a 2.9 per cent year-on-year growth in December 2015 from what would otherwise have been a 3.6 per cent decline, according to the Department of Statistics. On a seasonally adjusted basis, retail sales in…
Tata Motors – the owner of Jaguar Land Rover – said today that net profit for the last quarter fell by 2%, hit by lower JLR sales in China. This was better than many analysts had expected. JLR’s retail sales in China fell by 10% percent in China in the…
Automotive firm Ford Philippines is gearing for faster expansion this year to sustain its growth, which has gone to a record level during the month of January. A statement showed that the company was able to extend its positive performance up to month of…
The board also decided to scrap the compensation for transportation costs for LPG to be delivered by PTT Plc to regional depots across the country. This measure will reduce the LPG prices in the countryside to different levels depending on the distance…
Harley-Davidson Hong Kong has unveiled a new showroom in Chai Wan as part of its expansion plan in the city. The new showroom, covering about 9000 sqft (840 sqm), showcases the latest Harley-Davidson motorcycles, clothing and related services and products.…
Thailand Super Series (TSS) is thinking big these days so it was no surprise that its booth at the 3rd Bangkok International Auto Salon last week was packed out with ambition, menace and muscle. The biggest motorsport series in Thailand was right under the…
General Motors and its joint venture partners in China reported 421,023 new retail vehicle sales during January 2016, a 7.3 percent increase on a year-over-year basis. “This year, GM and our joint ventures will continue to offer an unmatched choice of…
I Gusti Putu Surya Wirawan, Director General of Metal, Machinery and Means of Transportation Industry (under Ministry of Industry) said that the Ministry is reluctant to monitor PT Ford Motor Indonesia after its exit from Indonesia. “Ford is not an industry.…
Indonesia has the potential to become the biggest carmaker in Southeast Asia within the next five years, the country’s automotive industry association Gaikindo said on Wednesday (Feb 3). Indonesia can compete, and overtake Thailand’s automotive industry if…
Thailand’s plan to remove the cap on the retail price of natural gas for vehicles (NGV) is positive for Thailand’s oil and gas sector. Prices of all types of fuel in Thailand will reflect actual costs once the latest NGV reforms are effective, after liquefied…
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