Campaigns aim to ease auto loan stress
Auto loan providers have launched new debt restructuring packages to control non-performing loans (NPLs) after forecasting higher bad debts in the first quarter due to the impact of the pandemic.
Domestic car manufacturers are racing to increase purchase orders for semiconductors to avoid cutting their production capacity as a result of a global shortage of chips for cars.
Thailand will target having electric vehicles account for 30% of car production by the end of the decade, as part of efforts to tackle toxic air pollution.
Auto loan providers have launched new debt restructuring packages to control non-performing loans (NPLs) after forecasting higher bad debts in the first quarter due to the impact of the pandemic.
Ford announced Thursday a dramatic acceleration of its investment push into electric autos and signaled deepening collaborations with technology giants on the increased digitisation of driving.
WASHINGTON: The Cherokee Nation said Monday it has asked for its tribal name to be removed as a nameplate from Jeep sport utility vehicles and called for a dialogue with the automaker on "cultural appropriateness".
Domestic car sales in Thailand declined 21.3% in January to 55,208 units from last year as the second-wave outbreak continues to drag down consumer confidence and purchasing power.
Domestic car manufacturers are racing to increase purchase orders for semiconductors to avoid cutting their production capacity as a result of a global shortage of chips for cars.
Mercedes-Benz (Thailand) sees positive signs in Thai and global luxury car markets, with sales surging in its two models in Thailand, helping the German automaker cushion an overall sales drop in the domestic market during the pandemic-hit year of 2020.
A plan to make gasohol E20 the primary fuel for motorists in July has been postponed indefinitely because of higher biofuel prices, creating a financial burden for the Oil Fuel Fund.
Thailand will target having electric vehicles account for 30% of car production by the end of the decade, as part of efforts to tackle toxic air pollution.
Auto loan providers have launched new debt restructuring packages to control non-performing loans (NPLs) after forecasting higher bad debts in the first quarter due to the impact of the pandemic.
Ford announced Thursday a dramatic acceleration of its investment push into electric autos and signaled deepening collaborations with technology giants on the increased digitisation of driving.
Should senior drivers holding lifetime driving licences have a retest to see if they are still fit to drive? Common sense says yes. But when the idea to retest senior drivers over 70 was floated, it was immediately attacked and subsequently dropped. Should it, really?
Toyota Motor Thailand expects a "bright future" for the Thai automotive industry may begin in 2021 though the year started with a new Covid-19 outbreak as the Japanese car maker sets an ambitious target of 15-23% growth in sales, with its environmentally-friendly campaign to play an important role in stimulating new purchases.
