Car
South Korea’s Automobile Production Falls to Seventh in Global Rankings, Surpassed by China, US, Japan, India, Germany, and Mexico
March 11, 2025 – According to a report released today by the Korea Automobile Manufacturers Association, domestic car production in South Korea fell by 2.7% to 4.13 million vehicles in 2024, pushing the country down to seventh place in global rankings. The report revealed that South Korea was surpassed by China, the United States, Japan,…
Thai Electric Car Market Faces Challenges: Manufacturers Mull Over Dropping Government Subsidies
December 8, 2024 – According to a report in the Bangkok Post today, the Electric Vehicle Association of Thailand (EVAT) has revealed that due to the continued downturn in the automotive industry, many electric vehicle manufacturers are considering withdrawing from the government’s electric vehicle incentive program and adjusting their production plans accordingly. Companies participating in…