Keyword: "sales"

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People attend the Bangkok International Motor Show 2024 at Impact Muang Thong Thani on March 26. (Photo: bangkokpost.com)

Thailand’s auto industry feels pinch as bad debt soars

Auto loans from banks in Thailand are probably 100 - 200 billion THB (2.7 - 5.4 billion USD) lower than expected so far this year because of concerns over non-performing loans, which threatens to affect the entire automotive supply chain, according to the Federation of Thai Industries (FTI).

Astra International, the largest distributor of Peugeot vehicles in Indonesia, has announced discontinuing Peugeot vehicle sales in the country after 52 years. (Photo: Peugeot)

Peugeot halts sales in Indonesia

PT Astra International, the largest distributor of Peugeot vehicles in Indonesia, has announced the cessation of Peugeot vehicle sales, ending the French brand’s 52-year presence in the Southeast Asian country.

Hyundai auto sales fall 43% in February

Hyundai auto sales fall 43% in February

A total of 2,033 Hyundai cars hit the road in Vietnam in February, a month-on-month fall of 43%, Thanh Cong (TC) Group, the assembler and distributor of Hyundai vehicles in Vietnam, announced on March 12.
Automobile imports down nearly 10% in eight months

Automobile imports down nearly 10% in eight months

Vietnam imported 86,749 completely-built automobiles (CBUs) worth over 2 billion USD in the first eight months of this year, down 9.8% in both quantity and value compared to the same period last year, according to the General Department of Vietnam Customs.
VAMA’s May automobile sales drop by 8%

VAMA’s May automobile sales drop by 8%

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 22,409 automobiles of all kinds in May, a decrease of 8% compared with the previous month.
Thailand tightens piracy inspections

Thailand tightens piracy inspections

Thai authority has pledged to tighten its inspection of counterfeit goods, especially in tourist destinations, as they are projected to increase rapidly after the country’s reopening.