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Illustrative Image (Photo: bangkokpost.com)

♏ Thailand assesses impact of new US tariffs on auto parts exports

Thailand, the largest automobile manufacturing hub in Southeast Asia, serves as an export base for major carmakers such as Toyota and Honda. The Thai Auto Parts Manufacturers Association reported that the country's auto parts export value totaled 19.8 billion USD from January to September 2024.
Geely Auto launches three competitively priced versions, Standard, Premium, and Flagship. (Photo: VNA)

𒅌 Chinese auto giant stakes its claim in Vietnamese market

Geely clearly demonstrated its green and sustainable direction with the all-electric Geely EX5, which stands out with its powerful 218-horsepower electric motor, 320 Nm of torque, and a 60.2 kWh battery capacity allowing the vehicle to travel up to 430 kilometres on a full charge.
Illustrative image (Photo: //nationthailand.com)

Nissan to close factory in Thailand

The company expects to cut or transfer about 1,000 jobs in Thailand and stated that reducing operating expenses by around 400 billion JPY (2.62 billion USD) in the 2026 fiscal year will help maintain a stable operating profit margin of 4%.
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.
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