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FTI's auto club to cut output target as sales contract in first 9 months
THURSDAY, OCTOBER 24, 2024
Sales in September the lowest in 53 months, amid high auto loan rejection rates
Thai industries sentiment index dips amid flooding, soaring household debt
WEDNESDAY, SEPTEMBER 18, 2024
FTI points to impact in August from rains and slowdown in manufacturing, construction
New loans contract sharply amid BOT’s responsible lending policy
THURSDAY, JULY 11, 2024
But NPLs continue to rise across most loan types
High household debt affects production and sales in automotive sector
FRIDAY, FEBRUARY 23, 2024
The rising debts of Thai households, which have prompted financial institutes to employ stricter criteria in granting auto loans, drove the production and sales of the automotive industry down in January compared to the same period last year, the Federation of Thai Industries (FTI)’s Automotive Industry Club said on Thursday.
Credit bureau concerned over Gen-Y's high auto-loan debt
FRIDAY, JUNE 09, 2023
Auto-loan debt accounted for over 12%, the third highest among household debts, the National Statistical Office said.
Krungsri Auto doubles loan availability for EVs as it unveils strategies to woo new generation
WEDNESDAY, MARCH 22, 2023
Krungsri Auto is targeting revenue of 192 billion baht in new lending volume this year, a 5% growth year on year.
Focus on refinancing amid car sales slump
WEDNESDAY, SEPTEMBER 09, 2015
THE SLUMP in car sales has sent several hire-purchase operators shifting from car loans to the low-risk refinancing market, according to Ayudhya Capital Auto Lease, or Krungsri Auto.
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