Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Thailand’s auto industry shows signs of recovery amid slump
The Star
|March 26, 2025
THAILAND'S auto sector faces a slow and painful recovery from a prolonged slump even with government support, three executives and an industry group said at the country’s main motor show, ringed by discount posters and promotional campaigns.
-
Thailand - Southeast Asia's second-largest economy ~ is a regional auto manufacturing hub and home to leading car makers including Toyota 7203.T, Honda 7267.T, and Chinese EV brands such as BYD 002594.SZ, Great Wall Motor 601633.SS and Geely’s GEELY.UL Zeekr. The industry is worth about $50 billion.
“We believe it’s bottomed out,” said Pongsak Lertrudeewattanavong, vice president of MG Motor’s Thailand unit, speaking of the downturn that has caused domestic car production to fall for 20 consecutive months. The auto sector should gradually improve.”
The Bangkok International Motor Show opens to the public on Wednesday and typically logs about 50000 car orders every year.
This story is from the March 26, 2025 edition of The Star.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Star
The Star
Cele calls for bail and parole reforms
FORMER police minister Bheki Cele has highlighted to Parliament the need to relook the granting of bail and parole to offenders who commit other offences upon their release.
2 mins
October 27, 2025
The Star
Afrikaners go against Trump's refugee offer
Labels the underlying narrative as ‘dangerous and false’
3 mins
October 27, 2025
The Star
'Please Call Me' creator braces for another legal showdown
“PLEASE CALL ME’ (PCM) inventor Nkosana Makate has pinned his hopes on the Supreme Court of Appeal (SCA) to bring his more than two decades battle with Vodacom to finality when the matter is heard next month.
2 mins
October 27, 2025
The Star
Sundowns blink out Remo Stars in dominant display
The outcome was never in doubt.
1 mins
October 27, 2025
The Star
Corruption, complexity drive political realignment
SOUTH Africa is drowning in a self-induced political complexity that it never anticipated.
3 mins
October 27, 2025
The Star
AKA murder suspects among dozens who could escape justice: NPA’s extradition crisis
FIFTY-nine of South Africa's most wanted criminal suspects - including the alleged killers of rapper AKA and suspects in billion-rand fraud cases - could potentially escape justice due to a legal loophole in extradition law.
2 mins
October 27, 2025
The Star
SA'S FATF grey list exit marks key milestone, reform journey continues
Sars Commissioner Edward Kieswetter says delisting is a vote of confidence in SA's progress
3 mins
October 27, 2025
The Star
South Africa opens passenger rail sector to private investment amid modernisation drive
THE Department of Transport has opened the door to large-scale private sector participation in South Africa's rail network currently operated by the Passenger Rail Agency of SA (Prasa), inviting investors to help modernise key infrastructure, introduce smart ticketing systems, and roll out fibre optic connectivity along railway lines.
3 mins
October 27, 2025
The Star
Gigaba warns of border chaos due to a lack of troops and technology
PARLIAMENT'S Defence Committee Chairperson, Dr Malusi Gigaba, has warned that gaps in personnel, equipment, and technology within the South African National Defence Force (SANDF) and the Border Management Authority (BMA) threaten the country's ability to secure its borders.
1 min
October 27, 2025
The Star
Award finalist will make you sweat
MEGHA Majumdar's A Guardian and a Thief is such an anxious book that even when you finally put it down, you'll hear it sitting there on the shelf, panting.
2 mins
October 27, 2025
Listen
Translate
Change font size