A Toyota Thailand executive says the year-to-date sales downturn shows the economy has not fully recovered and both residential and business customers remain cautious about investing and spending. But he says the June outlook is stable....More
The government began trying to collect the money in 2012, but Toyota launched an appeal in which the two sides disagreed on the interpretation of a clause in the free-trade agreement between Thailand and Japan....More
The Bangkok Post reports the poor first-quarter result prompts the Federation of Thai Industries to back away from its January forecast of a 14.4% surge in production and instead predict output will drop for a third straight year....More
Toyota Thailand President Kyoichi Tanada predicts the market will recover from last year’s 33.7% plunge with sales rising 4.3% to 920,000 units, including a 7.4% climb in car deliveries to 397,200 and CVs up 2.1% to 522,800....More
Each vehicle nominated for Wards 10 Best Interiors is scored based on aesthetics and design harmony as well as materials, ergonomics, safety, comfort, value and fit-and-finish. Editors also test the user-friendliness of the human-machine interface.
Last year, Hyundai was the first automaker in the world to sell a vehicle powered by a hydrogen fuel cell. Hyundai Vice Chairman Woong-chul Yang makes it clear the automaker plans to be a trailblazer in hybrids as well as fuel cells....More
A massive increase in Defender thefts has followed JLR’s January termination of the all-wheel-drive workhorse’s 67-year production run. Rural insurer NFU Mutual says more than 500 Defenders were stolen across the U.K. last year....More