Geely distributor mulls parts venture

Quick Summary:

Thonburi Neustern Co, the distributor of electric vehicles under the Geely brand, is planning to strengthen the Chinese EV maker's position in Thailand through new investment, starting with the development of an auto parts centre.

Banks and car finance firms have tightened their lending criteria for fear of non-performing loans caused by the chronically high level of household debt in Thailand.

In addition to Geely EV sales, the Hangzhou-based company has also launched a range of EVs under its Geely Geometry sub-brand.

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Article Details

Category: EconomyBusiness

Markets: ThailandChina

Topics: Geely Units Bangkok Thonburi Thailand Auto Neustern Cars Company Year Group

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 07:03:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 418 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 27970332

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Official Website: bangkokpost.com

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