Manufacturing
Cars
Cambodia stares at EV skills shortage
Cambodia is staring at an acute skills shortage in the electric vehicle sector even as it is getting ready to release the ‘National Policy on the Development of Electric Vehicles (EVs) 2024-2030’ soon. ...
Manoj Mathew
https://www.khmertimeskh.com/501485197/cambodia-stares-at-ev-skills-shortage/
Chinese firm to invest $1 billion in tyre production, says PM
A Chinese company will invest $1 billion in tyre production, said Prime Minister Hun Manet in Melbourne on Sunday. ...
Nhean Chamrong
https://www.khmertimeskh.com/501450445/chinese-firm-to-invest-1-billion-in-tyre-production-says-pm/
Hun Sen suggests two key sectors for Japanese investors
Hun Sen, President of the Supreme Privy Council of His Majesty the King, has encouraged the Japanese investors to invest in Cambodia’s two key areas, including the establishment of factories for raw material processing, and advanced technology such as car assembly plants, production of electronic ...
Khmer Times Staff
https://www.khmertimeskh.com/501360042/hun-sen-suggests-two-key-sectors-for-japanese-investors/
Toyota assembly plant in Phnom Penh to be launched next year
Toyota assembly plant at Phnom Penh Special Economic Zone will be inaugurated in 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359265/toyota-assembly-plant-in-phnom-penh-to-be-launched-next-year/
Feature: Chinese electric vehicles gaining momentum in Cambodia
Kim Kheang, a 25-year-old trader in Cambodia, has decided to shift to use a Chinese electric vehicle (EV) in a move to save fuel costs and help keep the air clean. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359251/feature-chinese-electric-vehicles-gaining-momentum-in-cambodia/
HGB Motors enters car assembly arena with $7M Poipet investment
HGB Motors Assembly Co Ltd is investing about $7 million in a car assembly plant in Poipet town, Banteay Meanchey province. ...
Thou Vireak
https://www.phnompenhpost.com/business/hgb-motors-enters-car-assembly-arena-7m-poipet-investment
Chinese firms set to invest in car assembly, fertiliser plants
Two Chinese companies plan to invest in a car assembly plant and an organic fertiliser processing plant in Cambodia, following a visit by a delegation of 20 company representatives from Shandong province last week. The delegation was led by Shandong provincial vice-governor Wang Shujian, who met ...
Post Staff
https://www.phnompenhpost.com/business/chinese-firms-set-invest-car-assembly-fertiliser-plants
Vehicle registration laws issued
The government on Monday issued a sub-decree on the registration for vehicle identification cards and number plates at the request of the Ministry of Public Works and Transport. Article 22 of Chapter Three in the sub-decree signed by Prime Minister Hun Sen gives the right ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/vehicle-registration-laws-issued
Kolao revs up its investment
Kolao Group, a South Korean-owned automaker and distributor, plans to build factories in a proposed industrial park in Cambodia to assemble its proprietary line of automobiles and motorcycles, a company executive said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/kolao-revs-its-investment
Pay-parking firm seeks more space in Phnom Penh
Sonatra Carling, the Japanese-Cambodian joint venture behind Phnom Penh’s first automated toll-parking system, sustained losses during its first year of operation, but remains committed to the project and is looking to expand the model to other areas of the capital, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/pay-parking-firm-seeks-more-space-phnom-penh
Car sales sputter on tax hike
Authorised dealerships of new cars and trucks have said a recent increase in the specific tax on vehicle imports has put a dent in profits, with some dealers claiming sales have slowed since the tax hike went into effect in April. ...
Hor Kimsay
http://www.phnompenhpost.com/business/car-sales-sputter-tax-hike
CAIF hopes to put a dent in used auto market
The independent industry body representing Cambodia’s authorised automobile distributors launched a consumer awareness campaign yesterday aimed at informing the public of the risks of purchasing second-hand cars on the local grey market, which it said reduces government tax revenue while flooding the streets with predominately ...
Kali Kotoski
http://www.phnompenhpost.com/business/caif-hopes-put-dent-used-auto-market
Auto show delayed by timing difficulties
The Kingdom’s flagship automobile exhibition, scheduled to open on Thursday, has been postponed until early next year, its organisers confirmed yesterday.The Phnom Penh International Auto Show, also known as CAMAUTO, is the largest annual industry event for authorised automobile distributors, parts suppliers and service providers ...
Sor Chandara
http://www.phnompenhpost.com/business/auto-show-delayed-timing-difficulties
Ford targets the Kingdom’s lucrative emerging economy
Ford expects sales of its passenger vehicles in Cambodia to surge 30 per cent this year on rising purchasing power and strong brand appeal, a company representative said yesterday. Speaking at a luncheon organised by the Amcham Cambodia, Loflin said the US carmaker sees the ...
Cam McGrath
http://www.phnompenhpost.com/business/ford-targets-kingdoms-lucrative-emerging-economy
Steering away from the grey market
While the Kingdom’s automotive sector has seen the entry of authorised dealerships, grey market dealers still make up the bulk of car sales.Dealerships are trying to lure prospective customers to purchase new vehicles, but grey market used cars still enjoy a substantial cost advantage given ...
Post Staff
http://www.phnompenhpost.com/business/steering-away-grey-market
Flood-damaged cars could inundate market
After flooding in May left much of the US state of Texas underwater, auto industry insiders are warning that water-damaged vehicles from the US could start appearing in Cambodian gray market auto dealerships, disguised to look new. ...
Donald Lee and Igor Kossov
http://www.khmertimeskh.com/news/12979/flood-damaged-cars-could-inundate-market/
Rolls-Royce opens showroom
Rolls-Royce officially launched its showroom in Cambodia yesterday, with both government and the luxury-car maker forecasting a rosy sales outlook for the high-end vehicle. In June, Rolls-Royce appointed HGB Group Co Ltd, the distributor for Mazda and Kia vehicles in Cambodia, to be the official dealership. ...
Chan Muyhong
http://www.phnompenhpost.com/rolls-royce-opens-showroom
Auto parts firm Denso bets $19 million on plant
In a bid to ramp up vehicle production in ASEAN. auto parts manufacturer Denso Cambodia has announced the construction of a new $19 million plant in the Phnom Penh Special Economic Zone. The facility will produce magnetos and oil coolers with production slated to begin in ...
Chan Muyhong
http://www.phnompenhpost.com/auto-parts-firm-denso-bets-19-million-plant
Audi opens dealership in capital
Automotive Asia (Cambodia), the only authorised dealer of Audi vehicles in Cambodia, opened its first showroom in Phnom Penh yesterday. The 2,000-square-metre showroom on Monivong Boulevard currently holds just two of the German carmaker’s models, the Q7 and the A8L, with prices ranging between $135,000 and ...
Hor Kimsay
http://phnompenhpost.com/business/audi-opens-dealership-capital
Rolls-Royce to sell luxury automobiles in Cambodia
Fabled luxury car maker Rolls-Royce will soon be marketing its goods in one of the world’s poorest countries: Cambodia. Rolls-Royce Motor Cars announced Monday that it has joined with a Cambodian business partner to open a showroom in the Cambodian capital next month. ...
Fox News Staff
http://www.foxnews.com/leisure/2014/06/09/rolls-royce-to-sell-luxury-automobiles-in-cambodia/
Kia enters market with high hopes
Kia Motors opened its first showroom in Cambodia on Friday and the local authorised dealer, A&A Auto Group, says the time is right for the Korean carmaker to join the ranks of those looking to tap the country’s growing middle class. Sin Soveoung, sales manager for ...
Chan Muyhong
http://www.phnompenhpost.com/business/kia-enters-market-high-hopes
Mercedes halts imports over luxury tax
The sole retailer of Mercedes-Benz cars into the country, Hung Hiep (Cambodia) Co., has suspended imports since January over what it claims is a new import duty on luxury cars coming into the country. Other luxury car importers including Porsche, Audi, BMW and Jaguar Land Rover, ...
George Styllis
http://www.cambodiadaily.com/business/mercedes-halts-imports-over-luxury-tax-56050/
Cambodia-made car causes shocks to Vietnam’s auto industry
Heng, a Cambodian development company, has made a big surprise when introducing its self-modified electric car. The car, named Angkor EV 2014, is created by a local designer, manufactured by Heng Company which has set up a $20 million factory in Kandal province. The car, operated by ...
Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/96716/cambodia-made-car-causes-shocks-to-vietnam-s-auto-industry.html
DENSO, Toyota Tsusho and Aisin Seiki to Open Wholly-Owned Automotive After-Sales Service Store in Cambodia- Will offer high-quality automotive after-Sales services in emerging economies
DENSO Corporation , Toyota Tsusho Corporation and Aisin Seiki Co., Ltd., will jointly open a wholly-owned store in Cambodia that will offer automotive repair and maintenance services, as well as sell related automotive components. The wholly-owned store will start operations in February 2014 with the ...
Hispanic Business News Staff
http://www.hispanicbusiness.com/2013/11/28/denso_toyota_tsusho_and_aisin_seiki.htm