Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, declined by almost 9% to 308,421 units in the second quarter of 2023 from 338,668 units.

Hino's new Thai-based ASEAN regional research and development (R&D) and manufacturing hub is located on the Asia Industrial Estate (Suvarnabhumi) in Khlong Suan, Bang Bo, Samutprakan province, Thailand.

This new model is Mitsubishi's sixth-generation Triton pickup truck - it is, however, the first full-model changeover in eight years, with the current model first being launched in 2015.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, fell by over 2% year-on-year to 372,543 units in the first quarter of 2023 after growing just 1.6% to 364,641 units in the fourth quarter of last year.

The market continued to decline despite a pick-up in economic growth to 2.7% year-on-year in the first quarter after slowing to 1.4% in the fourth quarter of last year.

Inchcape is a London, UK-based distribution company, which already sells Jaguar and Land Rover passenger vehicles in Thailand through separate dealer networks.

Foton announces expansion plans in Thailand.

Beijing has a joint sales company in Thailand with which it plans to develop the assembly plant.

The Thai CV market in 2022 despite a weak last quarter finished 2022 up 13%.

The seven major markets of East Asia (excluding China) has grown by 125,000 commercial vehicles in the last two years.

Energy Absolute continued its expansion into the zero-emissions vehicle market with the launch of a new battery-powered small truck in the local market.

Thai demand CV enjoys steady growth in 1H/2022 after a decrease in 2021.