The Latest Breaking News from Surapong Paisitpatanapong

Battery electric vehicles (BEVs) are becoming more popular with Thai motorists, beating other types of EVs that were previously thought to be better suited to the Thai market as concerns over charging facilities ease, says the Federation of Thai Industries (FTI).

Flooding affected domestic car sales in October, with volume decreasing in many categories, but the drop will not cause Thailand's car manufacturing to fall short of its 2022 target, says the Federation of Thai Industries (FTI).

The Thai economic recovery is expected to boost motorcycle sales in the domestic market, but manufacturers are still struggling to deal with ongoing semiconductor shortages, says the Federation of Thai Industries (FTI).

Domestic car sales in the first eight months this year increased by 19.6% year-on-year to 559,537 units as recovering tourism helped boost demand following the reopening of the country late last year, says the Federation of Thai Industries (FTI).

The Federation of Thai Industries (FTI) expects hybrid electric motorcycles to become less popular among Thai riders after the number of newly registered bikes in this category fell by 80% year-on-year the first seven months this year.

The Federation of Thai Industries (FTI) has downgraded Thailand's total car manufacturing target to 1.75 million units this year as its estimate of more production for domestic sales cannot offset a drop in exports amid geopolitical conflicts and lower consumer purchasing power.

The growing tensions between China and Taiwan have left the Thai automotive industry facing fresh concerns as manufacturers fear China may ban the export of raw materials for chipmaking to Taiwan, aggravating the prolonged global shortage of semiconductors, says the Federation of Thai Industries (FTI).

Thailand's motorcycle industry is being hit by the ongoing global semiconductor shortage, which caused production to fall by 1.26% year-on-year to 1.24 million units during the first half of 2022, says the Federation of Thai Industries (FTI).

Thailand's car manufacturing for export from January to May decreased by 40% year-on-year to 72,527 units due to sluggish purchase orders, particularly from the European and US markets, says the Federation of Thai Industries (FTI).

The value of cryptocurrencies has plunged over recent days, with Bitcoin -- the largest coin by market cap -- sinking to its lowest point since 2020.

The lingering question following the launch of the government's electric vehicle (EV) incentive package earlier this year is whether lower prices will be able to attract prospective car buyers.