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…
It’s a bad time to be called Zica – even if it’s a car we are talking about and not the deadly virus that’s gone global. Zica is a new hatchback from Indian carmaker Tata’s stable, while the mosquito-borne virus that has gone global is called Zika. But who…
Fans of affordable electric vehicles, avert your eyes. Tesla has announced its mainland China pricing for high-end models of its upcoming SUV, the Model X, and the numbers are not pretty. The 90D model, which will cost around US$100,000 in most other markets,…
The United Steelworkers (USW) union has filed yet another petition asking the U.S. Government to impose anti-dumping and countervailing duties on tires manufactured in China. This time, the union is targeting truck and bus tires. The petition was filed Jan.…
Frost & Sullivan today honored Indonesia’s best Automotive companies at the 2016 Frost & Sullivan Indonesia Automotive Awards, held in Jakarta. Now in its 9th year, the Indonesia Awards program has identified many outstanding companies in Indonesia across…
Chinese-bases automotive company PT SAIC General Motor Wuling (SGMW) is preparing investment of US$700 million or around RP9.7 trillion to open up business in Indonesia. PT SGMW Motor Indonesia President Feiyun said the company is building its first factory…
Toyota Motor Corp. is staying on the offensive after besting Volkswagen AG for bragging rights as the world’s biggest automaker. Now, it’s weighing a deal that might widen its lead, especially in Southeast Asia. In buying the rest of its 51 percent-owned…
Thailand’s total domestic car sales are expected at 720,000 in 2016, down 10 percent from 2015, Toyota Motor Corp’s Thai unit said on Thursday. Toyota, which commands about a third of the Thai market, sees a 9.8 percent fall from 2015 in its annual automotive…
Ford Motor will close down all operations by the end of this year in Japan and Indonesia, where the United States carmaker says it has no path to boost sales or earn profits. The step is being taken “after pursuing every possible option”, Ms Karen Hampton,…
A report of the General Statistics Office (GSO) showed a high car import growth rate in the last year. Vietnam imported $6 billion worth of cars in 2015, an increase of 59 percent in comparison with 2014. These include 125,000 CBU cars (complete built unit)…
German luxury car maker BMW Group Thailand is bullish about the prospects of the big-bike market, expecting double-digit growth this year. Markus Glaeser, head of BMW Motorrad Thailand, said the market had developed over several years, with many brands and…
Thailand’s total domestic car sales are expected at 720,000 in 2016, down 10 percent from 2015, Toyota Motor Corp’s Thai unit said on Thursday. Toyota, which commands about a third of the Thai market, sees a 9.8 percent fall from 2015 in its annual automotive…
Ford Philippines sales last year jumped a record 25 percent to 25,372 units, firmly establishing Ford as the number three-selling automotive brand in the country. EcoSport, Everest and Ranger each deliver record full-year sales in the Philippines. Record…
ONCE more, a massive double-digit surge in motor vehicle sales pulled up Singapore’s retail sales in November. In year-on-year terms, retail sales grew 4.7 per cent, according to data released by the Department of Statistics on Friday. Excluding the…
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