Toyota's Move Could Reshape the Steel Market

The hot-rolled steel market, once stable, is now facing a potential decline. Toyota's recent price cut on automotive steel has sparked concerns.

Thailand's Auto Production Plunges 20% in August 2023

Thailand's automotive production experienced a substantial decline in August 2024, with a total of 119,680 units produced—a 20.56% decrease compared to the same month in 2023.

New Mazda CX-5 Hybrid to be unveiled in 2025, addressing the EV era.

Mazda is developing a new hybrid engine for its larger SUV, the CX-5, with plans to introduce it in 2025. This move is part of a broader strategy to consolidate its current models …

Sharp enters the EV business with a Futuristic Living Room on Wheels

Sharp is diving into the EV market, teaming up with Foxconn to create the "LDK+" model. This new EV offers a living room-style interior complete with a 65-inch screen and is slated…

Chonburi Leads with the Highest Number of Industrial Factories in July 2024

New factories were licensed in July 2024, totaled 186 factories. Chonburi was the province where 21 new factories opened, the largest number with the total capital of 1,881.82 mill…

Kubota to Expand Industrial Engine Production in Thailand

Kubota is expanding its Thailand factory to increase annual production of industrial diesel engines from 120,000 to 160,000 units by 2026. The investment is estimated to be several…

Japan's Machine Tool Orders Dip in July, Thailand Sees Significant Drop

The JMTBA has reported a slight decline in global orders for Japanese machine tools in July 2024. Total orders reached 123.942 billion yen ($843.86 million), marking a 7.4% decreas…

Thailand Car Production Drops 16.62% in July 2024 Due to Domestic Car Sales Crash

Thailand's vehicle production in July 2024 reached 124,829 units, a 16.62% drop year-on-year. This was primarily caused by a 40.85% decrease in domestic sales.

Japan's R&D Spending Hits New High Toyota Leads

Japanese companies have significantly increased their research and development (R&D) spending for the 15th consecutive year. Toyota Motor Corporation has maintained its position as…

DigiKey and Schneider Electric to Host Webinar on Wireless Pushbutton Technology in Manufacturing

THIEF RIVER FALLS, Minnesota, USA - DigiKey, a leading global commerce distributor offering the largest selection of technical components and automation products in stock for immed…

Toyota Freezes Parts Prices to Ease Supplier Burden

Toyota has decided to keep prices unchanged for parts procurement in the second half of the 2024 fiscal year, including for large-scale suppliers, to alleviate the burden of risin…

Suzuki to Develop New Vehicle with 100kg Less Weight, to Be Launched in Early 2030s

Thailand Car Production Drops 16.19% in June 2024 Due to Decrease in Domestic Sales Production

Thailand's vehicle production in June 2024 totaled 116,289 units, marking a 20.11% decline from the previous year and a 7.82% drop from May. The main factor was a significant reduc…

DigiKey Announces Global Partnership with Memory Products Leader Kingston Technology

DigiKey has partnered with Kingston Technology to distribute its memory and storage solutions globally.

TAKAMAZ PRIVATE SHOW 2024 Spotlights “Energy Saving” Trend, Aiding Metal Component Manufacturers in Achieving Carbon Neutrality

TAKAMAZ PRIVATE SHOW 2024 to promote the “Energy Saving” trend among metal component manufacturers and launches the new XWG-3 CNC lathe, designed to support carbon neutrality and i…

Chonburi Leads with the Highest Number of Industrial Factories in May 2024

New factories were licensed in May 2024, totaled 171 factories. Chonburi was the province where 23 new factories opened, the largest number with the total capital of 2,638.07 mill…

Japan Machine Tool Orders: May 2024

Orders for Japanese machine tools worldwide in May 2024 amounted to 124.53 billion yen (US$774.71 million), up 3.0% from the previous month, and a 4.2% increase from the same month…

Thailand Car Production Drops 16.19% in May Amidst Economic Slowdown and EV Readiness Concerns

Thailand's vehicle production in May 2024 reached 126,161 units, a 16.19% decline from last year. The decrease is attributed to subdued domestic sales, sluggish economic growth, an…

Sharp Exits LCD Business, Halts Production of Large TVs

Sharp scales back its device business significantly, discontinuing large TV manufacturing, suspending operations at the Sakai plant and cutting staff.

Car Painting Revolution: CO2 Emissions Slashed

Sekisui Chemical Co., Ltd. announced a revolutionary “paint transfer sheet” that significantly reduces carbon dioxide emissions in the automobile painting process.