Thai auto industry struggles with falling demand, EV imports
Thailand’s auto industry is having to adjust to tougher competition from Chinese OEMs
30 July 2024
30 July 2024
Thailand’s auto industry is having to adjust to tougher competition from Chinese OEMs
Expected to be the biggest IPO in the US by a Chinese company since ride hailing company Didi Chuxing’s ill fated listing
CEO says there is “no taboo” if performance were to deteriorate
Subsidiary paid CNY842m (US$116m) for the 130 acre site
Would put off spending on construction pending further analysis
Follows announcement of intended $5bn investment by VW
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