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https://asia.nikkei.com/Business/Automobiles/Thai-used-car-market-heats-up-as-foreign-startups-jump-in?utm_campaign=GL_asia_daily&utm_medium=email&utm_source=NA_newsletter&utm_content=article_link&del_type=1&pub_date=20220317190000&seq_num=23&si=44594# Thai used-car market heats up as foreign startups jump in Online dealers hope to attract more consumers amid rising demand According to Deloitte, 21% of Thai consumers would like at least part of their next vehicle purchase to be done online. (Screenshot from CAR24, Carro, and Carsome webstite) APORNRATH PHOONPHONGPHIPHAT and DYLAN LOH, Nikkei staff writersMarch 17, 2022 12:20 JST BANGKOK/SINGAPORE -- Used-car sales in Thailand are set to grow again this year after a stellar 2021 due to a shortage of new cars, with online dealers such as India's Cars24 and Malaysia's Carsome entering the market to capitalize on fresh demand. On March 3, Carsome said it had partnered with PTT Oil and Retail Business -- a subsidiary of Thailand's energy conglomerate PTT -- in a move that analysts said would help the Malaysian company expand its used-car network and boost online vehicle purchases. "It is a 'blue ocean' market," said Pinyo Tanawatcharaporn, president of the Association of Used Cars, referring to an industry where there is little competition. The association is expecting Thailand's secondhand car market to grow 10-15% this year. The demand for cars has grown as commuters shy away from public transport to avoid crowds as a result of the COVID-19 pandemic. However, the pandemic's hit to the economy has weakened spending power, which has made buyers look for cheaper secondhand alternatives. Furthermore, the global chip shortage has constrained automakers' ability to produce new vehicles. Thailand's used car sales grew 7.5% to around 140 billion baht ($4.2 billion) in 2021, with further growth expected this year, according to Kasikorn Research Center. Pinyo said 1.2 million used cars were sold last year. Internet-based dealers have clocked on to Thailand's large consumer base as a means to fuel growth in Asia outside of their home markets. India's Cars24, for instance, launched its Southeast Asian foothold in the kingdom last November after its rivals -- Singapore's Carro and Malaysia's Carsome -- had already set up a Thai presence. All three startups are interested in generating car sales from their Thai digital platforms. According to Deloitte's "2022 Global Automotive Consumer Study," 21% of consumers in Thailand will prefer fully or partially virtual transactions to buy their next vehicle, while only 12% in the Philippines and Indonesia chose to do so. The report mentioned that consumers in Singapore, Thailand and Vietnam show a greater willingness to transact online. Startups like Cars24 hope to shift buyers online, particularly given the acceleration of digital penetration in Southeast Asia due to the COVID-19 pandemic. Like its competitors Carro and Carsome, Cars24 is doing this with hefty funding from backers. Last September, Cars24, which bills itself as India's largest online portal for used vehicles with an inventory of over 10,000 cars, announced the closing of a $450 million Series F equity round, which included investors like SoftBank Vision Fund 2 and Chinese tech giant Tencent Holdings. Carro CEO Aaron Tan. The online car sales platform received investment from SoftBank Vision Fund 2 in June 2021. (Photo by Takashi Nakano) In June, Carro announced that SoftBank Group had led its $360 million Series C funding round, which included Indonesia-based fund EV Growth, among other backers. The same year, Carsome announced the closing of its $170 million Series D2 round, bringing the company's valuation to $1.3 billion and prompting the startup to claim that it was Malaysia's largest technology unicorn. "I have been in the market for many years, but I've never seen such big investments from online used car platforms in the Thai market," said Pinyo from the Association of Used Cars. "That has forced us to switch to both online and offline outlets in order to survive, as we have realized that consumers' behaviors have changed." He said some consumers were worried about the quality of used cars bought online. To assuage those fears, the association has formed a partnership with Japanese vehicle inspection specialist Goo to verify the cars. "That has made it easier for Thai used-car sellers to adjust their businesses by moving online, and some of our members have already built their own webpages to meet changing consumer demands," Pinyo said.
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Anyone been to TAS or OAM before? Will tickets be available easily at the door? Any show merchandise available? Will it be as crowded as local IT/PC shows?
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THE MOST ANTICIPATED mega car meet is finally here at Kallang Singapore. Witness the fabulous super cars and performance machines killing your ear buds off with flame throwers and hard revving speed limiter cuts ! From humble family sedans modified into mean looking machines and raw speed demons , watch it here ! This is Auto Culture ( AC ) Underground 2019 ! https://youtu.be/BgbZB0VG7EE- 65 replies
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Hey guys, What's the cheapest range of android auto HU currently available and the approx cost of it? Thanks
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You are in the right section, since it is about auto manufacturer... It is not uncommon for large corporation to venture into businesses that is not directly related to what they are best known for, such as Fujitsu and Hitachi have gone into agriculture business (high tech farming), or for that matter, Nokia started off as a manufacturer of toilet paper, Geely with fridge, etc. For a start, let make a guess what is this item number for, under VW's official part list? 199 398 500 A (siting right between the wiper blades and lug nuts)? Nope, it is not bumper, headlight, engine oil, key chain or stuffed toy, but something edible. And nope, not the coffee or biscuit you had while waiting for your car to be service, but something that is very much popular in western... ... ... ... First created in 1973, Volkswagen has made its own currywurst sausage ever since, and in the process turned it into a symbol of the company throughout Europe. While it’s a staple of the factory cafeterias in Wolfsburg and other European Volkswagen plants for breakfast or lunch, it’s also sold in grocery stores under the “Volkswagen Originalteil” (German for “original parts”) brand. Dealers in Germany often give five-packs of them to customers as gifts. And it’s a huge hit: last year, Volkswagen made 6.8 million currywursts – more than the number of vehicles the VW brand sold worldwide in 2017. What does the VW currywurst taste like? To an American palate accustomed to bratwursts and other sausages typically labeled “sweet” or “hot,” the currywurst walks the broad space in between. There’s a strong yellow curry flavor, but with a kick from the pepper and ginger in the spices. The actual recipe, as devised by the original Volkswagen butchers in 1973, is an official company secret known only to a few people. It’s typically served either intact or chopped into bite-size slices on a paper bowl and drenched in ketchup – preferably the curry-flavored variety also made to Volkswagen’s recipe. Since its inception, the currywurst has been made in-house by Volkswagen employees. Today, about 30 workers, most of them trained butchers, oversee the process at VW’s flagship plant in Wolfsburg. Three times a week, the plant takes in fresh pork from nearby farms and grinds choice cuts into a precise mix. “Our currywurst has a fat content of only 20 percent. Normally, it’s around 35 percent,” explains Head Butcher Franco Lo Presti, who has been making VW currywurst since 1979. After mixing in the spices and packed into casings, the sausages are dried, smoked over beechwood and steamed for 100 minutes at 176 degrees. The final product is weighed, inspected and packaged for shipping to other Volkswagen plans or retailers, with a typical output of 18,000 sausages a day. For those workers who don’t prefer meat, VW has also made a vegetarian variant since 2010. And VW also made their own ketchup...- 55 replies
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I have a question. It seems the auto top-up works OK if I pass through an ERP when the card value is low. But when I tried to exit a car park gantry, the card doesn't auto top-up and I was stuck up having to swap to a standard cashcard before I can exit. Any idea why? It happened twice so far. Once was at Tanjong Pagar Centre and another at a standard HDB exit gantry. Both have those scan and go type, no need to manual insert. If anybody uses this have some idea what's going on, I would appreciate it if you tell me. Thanks.
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Hi: For safety, anyone know how to set the "small light" to auto-on each time when we switch on the engine? Fyi, this car did not have the light auto-on function. Any setting we can set to the car? Thanks.
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Can count w one hand the number of times i used it. Anyone else think its a waste of time esp in SG start stop traffic?
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Anyone have any affordable Android Auto HU for Qashqai 2016 to recommend, please? Somewhere less than $600 will be good. Do also recommend the installer if possible. Thank you in advanced. -
My PI didn't return the coe deposit and has been giving excuses to delay and delay. It is 10k and do I go to CASE? Or small claims?
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Beside KLP
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Dear All, saw on the ad, both cars got my attention. I am thinking of getting a short term cars to tight over my sales business. Just started my business with my partner. So, we do not wish to fork out too much on car, but car is essential for me. Not considering van for now. Auto short term drive would be ideal, anything that is over 1.5 years would be good as once business stablized or doing better, will opt to upgrade and change to better or newer car. ** i am trading in my proton savvy 5month left car, with2.7 Scarp value plus abit on body. and i do not intend to throw in alot of down payment. max is use my trade in value to offset a little bit. Nissan March, 1.4C Auto. 2004. COE expired 2019 oct? selling 15800, Nissan Sunny, 1.6 Auto, 2006, COE expired May 2021, about 21800-22800 Which one is more ideal? heard sunny is very high FC? how about march? good for short term drive? and if mid way i wana sell off this car, to upgrade, what are the implication and things that i will foresee?
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Hi all. I am considering buying these 2 drives for my sales business But need to ask which is more ideal Chavolet aveo auto. Left about 2 yrs. Monthly instalment 850. Still can renew coe and take back scrap. But heard it is high FC. And repair very expensive. Suzuki Every. Renewed one round of 5yr coe already. Loan period about 4 yr plus. Monthly instalment 680. Can use to carry goods and got rear seats. But will it be as high FC as aveo? Or worst? And the engine is below driver seat. This will be a hazard in long run? Or it is not so bad as it seems? Anyone can verify?
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Join 3M™ Car Paint Protection Survey and Stand a chance to win 3M auto care products worth $30+! Hello MCF car perfectionists! Car coating protection is now almost a must-have for most car owners. From waxes to sealants, to now silica coating, the search for the perfect protection and shine for our beloved ride never ends. In light of this, 3M™ would like YOU to share more about your paint protection experience with us and tell us what you want and need in a paint protection coating. Simply fill up the survey by 24th July 2017 and stand a chance to win 3M™ auto care products worth $30+! Winners will be chosen on a random basis and will be announced on this thread by 7 August 2017. Kindly note that winners will need to self-collect the prizes at SGCM Office (from 28 August - 15 September 2017, Monday - Friday, 10 AM - 5 PM). Thank you for your participation. We look forward to receiving your valuable comments and insights! Join this survey! About Sponsor 3M has been improving lives in Singapore for 50 years. Since its founding in 1966, 3M Singapore has grown from its humble beginnings with only 8 employees, to a company with more than 1,600 employees and established local capabilities to serve the needs of local, regional and global customers. 3M’s presence in Singapore includes two manufacturing plants at Woodlands and Tuas, an R&D Center at Woodlands, and a Customer Technical Center, laboratory and other supply chain and business operations based at Yishun. The company serves diverse consumer and industrial markets and is a market leader in many of these markets, which include electronics, chemicals, building and construction, transport engineering, health care, and consumer retail. Some of the Giveaways Items!* (Please note that you will receive a randomized combination of 3M™ Autocare Products) 3M™Car Wash Soap 3M™Car Wash Soap gives a cherry fragrance and removes dirt and grime without removing your wax protection. Clear coat safe. 3M™ Quick Wax 3M™ Quick Wax is a sprayable detailing wax. Recaptures that “just waxed” look, either for touch ups between washes or streak free drying after a wash. Easy mist on and wipe application. 3M™ Leather and Vinyl Restorer Deeply cleans dirt and grime from all vinyl, leather, rubber and plastic surfaces. Does not leave a greasy residue and has a fresh lemon scent! Join this survey!
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About cars accidents
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Hi guys, I have been facing transmission problem with my 2008 Toyota Harrier 2.4A Whenever I shift the auto gear to "D", the car will take 1 to 3 mins to engage into the gear. During the wait, the car is as though it is in "Neutral" gear. I do not face any problem with the "R" gear. The "D" shift responds much better after a 20mins drive (when i reach my destination). This is very annoying as sometimes I have to wait about 3 minutes before moving off from carpark. It also poses a danger when i'm doing a 3 point turn and the car stucks in the middle of the road until the "D" gear decides to engage after 2 to 3 mins. I have checked the auto gear fluid and it is at the optimum level. Gear fluid colour is also in a clear red colour. Anyone here knows what is wrong with the auto gear? Where can I bring it for a repair and how much would it approx. cost?
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WHO ARE WE? We are Urban Auto Spa Pte Ltd, a car detailing company based in Synergy @ Kaki Bukit. Urban Auto Spa understands the fundamental of car paint. With this knowledge, we are able to rejuvenate your car to showroom condition without burning your pockets. Urban Auto Spa pampers vehicles with a variety of services including diamond polishing, glass coating applications, interior cleaning, upholstery protection leather treatment and more. Our passionate team believes in providing the best coating to protect your ride with a long lasting shine. We provide Car Solutions to the busy lives of today’s working adults: Time is one of the factors when it comes to keeping one’s car clean. Busy work schedules, late nights in office doing OT.. We understand that. Hence at Urban Auto Spa, we offer mobile grooming services right at your doorstep, be it your home, or your office carpark. Our emphasis has always been building a long term relationships with our customers. Be rest assured on our detailing works, as we only want to deliver the best workmanship and services to our customers. List of Services: Diamond Polish Glass Coating (Car Body) Interior Cleaning Leather Treatment and Protection Car Mask Waxing Upholstery Protection Headlamp Restoration (Exterior) Windscreen Coating Engine Bay Cleaning Vehicle Fleet Management (Polish & Grooming) Mobile Grooming Services CURRENT PROMOTIONS!!! *Diamond Polish Package* Diamond Polish Glass Coating (Car Body) Windscreen Coating Interior Cleaning Leather Treatment and Protection Upholstery Protection Engine Bay Cleaning So what’s DIAMOND POLISH? Diamond Polish is a 4 Layer Polish Treatment Lacquer – To remove scratches, watermark and weathered rough surface Glaze – Remove light to medium contaminations, mild scratches and oxidated surface that cannot get rid through swirling polishes and blemishes Polish – Enhance car paint glossiness and smoothiness Provide ultimate glossy protection to any cleaned and polished paint finish REJUVENATE YOUR CAR WITH US TODAY! CONTACT US Dropby our shop at: 25 Kaki Bukit Road 4 #03-83 Synergy@KB S(417800) Opening hours: 10am - 7pm (Mon - Fri) 10am - 6pm (Sat) Closed on Sun & PHs Hotlines: Phone : 63854306 / 97937234 / 81661759 Email: urbanas @ singnet. com. sg Follow us as we bring you more of our updates each day! Our Facebook Account: https://www.facebook.com/urbanautospa/?fref=ts
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My aircon circulation will turn off by itself at times. When weather is cooler like rainy days, it will keep turning off even i turn it on and it will turn off by itself 5 mins later. Anyone experience same?
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some nice cars, have a look http://www.chinadaily.com.cn/business/motoring/2016-04/26/content_24841241.htm
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Hi, Anyone know where to repair auto flip side mirror, one side of the mirror not working. Workshop told me to replace both side mirror with respray at $400 plus. Not sure if repair option is available in the market?
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Hi, Some pictures to share from this past weekend Apologies if I didn't catch some debut that you're interested in. http://imgur.com/a/OKFyR
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There no In-Car Entertainment system that supports Android Auto but there's system which supports Apple CarPlay. Just wondering when will Android Auto system be supported here in Singapore!
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Assuming proper maintenance is done. I unsure if 4 / 5 / 6 speed n 8 / 9 speed belong to same cat, thus the separate cat. Some articles here - http://articles.latimes.com/2014/feb/12/business/la-fi-autos-reliability-20140213 http://www.aa1car.com/library/what_goes_wrong_with_cars.htm http://www.telegraph.co.uk/cars/advice/which-sort-of-auto-gearbox-is-best-/ Also appreciate contributions from fellow experienced bro / sis. Nowadays rides getting pricey, thus I hope with the introduction of such a thread & constructive inputs, all car-owners / would-be owners can benefit / make informed decision. Kindness n objectivity r greatly appreciated. Do not treat mentioning of particular brand / make as bashing.
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Just a few before n after pics. They use chemical guys which is rare in the market
