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Japanese carmakers sweeten offers amid stiff competition from Chinese EVs
Japanese carmakers sweeten offers amid stiff competition from Chinese EVs
SUNDAY, NOVEMBER 19, 2023
Japanese car manufacturers are intensifying promotions to compete with Chinese electric vehicles.
Honda and Nissan are offering 0% interest rates and price reductions to attract customers.Chinese carmakers energising Thailand's plan to create EV production hub
Chinese carmakers energising Thailand's plan to create EV production hub
THURSDAY, JULY 13, 2023
Chinese manufacturers of electric vehicles (EVs) are flocking to Thailand with several billions of baht in investment, helping to boost the kingdom’s goal of becoming the EV production hub of Southeast Asia.Hyundai ranks 3rd worldwide in car sales in 1H 2022
Hyundai ranks 3rd worldwide in car sales in 1H 2022
MONDAY, AUGUST 15, 2022
Hyundai Motor Group said on Monday that it ranked third globally in car sales in the first half of this year – a first for South Korea’s largest carmaker.Chinese carmaker BYD set to drive into Thailand market
Chinese carmaker BYD set to drive into Thailand market
THURSDAY, AUGUST 11, 2022
Chinese car maker BYD announced that it would enter the Thailand car market, planning to work with local new energy vehicle dealer RÊVER Automotive, the carmaker said on its Weibo account on Tuesday.Toyota, Chinese carmakers set to join EV price war in Thailand
Toyota, Chinese carmakers set to join EV price war in Thailand
SATURDAY, APRIL 09, 2022
Spurred by growing domestic demand for electric vehicles, manufacturers in Japan and China are set to seek government subsidies to cut EV prices in Thailand, according to a Finance Ministry source.Russian auto boomtown grinds to halt over Ukraine sanctions
Russian auto boomtown grinds to halt over Ukraine sanctions
TUESDAY, APRIL 05, 2022
Thousands of autoworkers have been furloughed and food prices are soaring as Western sanctions pummel the small Russian city of Kaluga and its flagship foreign carmakers, with more sanctions likely to come.Japanese carmakers plan to cut production by 1.3 million units
Japanese carmakers plan to cut production by 1.3 million units
SUNDAY, OCTOBER 24, 2021
Japanese automakers expect production to be down by at least 1.3 million units in fiscal 2021 due to the global semiconductor shortage and the covid-19 pandemic in Southeast Asia, according to eight major manufacturers.Retail buyers buoy carmakers in third quarter
Retail buyers buoy carmakers in third quarter
THURSDAY, OCTOBER 01, 2020
Auto sales are recovering from the pandemic-induced slump earlier this year, with third-quarter deliveries beating expectations as consumers ditch shared rides for their own vehicles and seize on cheaper borrowing costs.
Carmakers still short of parts from China amid partial production
Carmakers still short of parts from China amid partial production
SATURDAY, FEBRUARY 15, 2020
Carmakers in South Korea said Saturday some of their assembly lines are still short of auto components as parts suppliers in China partially resumed operations this week amid no signs of the new coronavirus slowing.Carmakers brace for crisis as virus wreaks havoc in China
Carmakers brace for crisis as virus wreaks havoc in China
SATURDAY, FEBRUARY 01, 2020
Forget about clinging to hopes that China, the world's largest car market, will recover from its unprecedented two-year slump anytime soon.
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