China urges halt to auto industry's bruising price wars
SUNDAY, JUNE 01, 2025
China called on Saturday for its automotive industry to halt brutal price wars, as a threat to the sector's health and sustainable development, after key executives jousted over pricing pressure following large discounts offered to buyers.
Global EV stockpile sparks new price war as Thailand faces after-sales challenges
WEDNESDAY, MAY 28, 2025
The global electric vehicle (EV) industry is facing a crisis of excessive stockpiles, igniting a new round of price wars, while in Thailand, challenges persist in after-sales services despite consumer benefits from lower prices.
Unsold units rise as Thailand’s property market faces profit squeeze
WEDNESDAY, MARCH 05, 2025
Experts urge developers to focus on value-added strategies as property firms suffer a 27.16% drop in net profit in 2024 due to price cuts and rising costs
Toyota, Chinese carmakers set to join EV price war in Thailand
SATURDAY, APRIL 09, 2022
Spurred by growing domestic demand for electric vehicles, manufacturers in Japan and China are set to seek government subsidies to cut EV prices in Thailand, according to a Finance Ministry source.
The collapse in Opec+ negotiations over the weekend of March 7 and Saudi Arabia’s subsequent, aggressive undercutting of its official selling prices signals a break from four years of cohesion and coordination in oil strategy.
Oil heads for worst week since 2008 as price war grips market
FRIDAY, MARCH 13, 2020
Oil is headed for its largest weekly collapse since 2008 as a bitter price war erupted between Saudi Arabia and Russia, and coronavirus contagion cratered demand.
Oil slammed by price war and virus in worst loss since 1991
MONDAY, MARCH 09, 2020
Oil plunged as both Russia and Saudi Arabia stood poised to flood the market with cheap crude in an all-out price war just as the coronavirus is spurring the first contraction in demand since 2009.