GM plans to pull out of Australia, New Zealand and Thailand
Detroit automaker wants to focus on markets where it can drive strong returns, making the same moves in Japan, Russia and Europe.
Tim Hortons announces plans to expand to Thailand as RBI pushes global growth
Coffee-and-doughnut chain says it has signed an agreement with WeEat Company to develop the brand in the Southeast Asian country.
Toyota cuts 800 jobs in Thailand
Japanese automaker blames declining sales for the layoffs.
Nestle admits Thai seafood suppliers abuse workers
The food giant launched an internal investigation in 2014 after reports tied brutal and unregulated working conditions to its brands.
Taiwan, Thailand join deal to end tariffs on over 200 tech products
Annual trade in the 201 products covered by the deal is valued at over $1.3 trillion.
Thailand’s seafood industry plagued by pirates, slavery
Overfishing and illegal, undocumented trawlers have ravaged marine ecosystems.
Thailand cuts growth forecast on sluggish exports, auto production
Southeast Asia’s second-largest economy is likely to grow 3% this year instead of 3.8-4.3% predicted in August.
Condom maker Karex surges 32% in trading debut
Looking to expand share of global market, which is expected to grow 7.5% annually.
Mazda starts construction on $272M Thai transmission plant
Plant is expected to employ more than 500 people when it goes online in early 2016
Nissan invests $358 million in Thailand plant
New facility will add 150,000 units to automaker’s existing capacity in south Asian country.
Toyota raises global sales target to 9.76M vehicles
Top automaker proves it’s recovering from natural disasters, quality problems.
Honda recovers from disasters: $1.7B quarterly profit
More vehicles sold in key regions except Europe.
Nissan highlights need to conserve cash
Japanese automaker has recovered from disasters, but the global economy is highly uncertain.
Canadian auto industry investment down sharply
Mexico by contrast gets $3B worth in last six months
Honda production back to normal
Honda says there’s been an improvement in the overall parts supply shortage due to flooding in Thailand.
Japan automakers struggle amid Thai floods
Thai flooding revived predictions that foreign businesses might flee Thailand, which has endured crisis after crisis – manmade and natural – in the past decade.
Toyota/Honda cut NA output to preserve parts supply
Honda’s assembly plants in Canada will be part of a dramatic international slowdown by the Japanese automaker, which is suffering from a parts shortage due to flooding in Thailand.