News

Cambodia auto tire exports at $125 million in H1

Cambodia earned around $125 million from automotive tire exports in the first half of this year, according to a report from the Council for Development of Cambodia (CDC) report. ...

Chea Vanyuth
https://www.khmertimeskh.com/501346714/cambodia-auto-tire-exports-at-125-million-in-h1/

Pursat Ford assembly plant opens

The Kingdom’s first Ford assembly plant was inaugurated on June 16 in Pursat province amid rising demand for brand-new vehicles among Cambodians. The facility is seen as a game changer for the domestic automobile industry, which could bring a wave of investors seeking to cash ...

May Kunmakara
https://www.phnompenhpost.com/business/pursat-ford-assembly-plant-opens

Automotive firms hit on imports, exports

COVID-19 has affected the Kingdom’s automotive industry severely, with trade dropping nearly 40 percent compared with the previous year. According to the latest import and export statistics for the first nine months of this year, the volume of automobiles and motorcycles exported dropped by 34.1 ...

Jason Boken
https://www.khmertimeskh.com/50795854/automotive-firms-hit-on-imports-exports/

First financial leasing company for Cambodia

GL Finance (GLF), the first and only financial leasing company in Cambodia, opened its 11th branch in Phnom Penh on Friday, covering all authorized Honda and NCX  dealerships in Phnom Penh and its vicinity. GLF, in partnership with Honda NCX, helps customers buy their own motorbikes and provides ...

http://www.phnompenhpost.com/index.php/2012103059458/Business/first-financial-leasing-company-for-cambodia.html

A national car for Cambodia

UK-based BIW automotive company on Friday signed a US$2 billion join venture investment with ACICA Automotive (Cambodia) to build a factory in Preah Sihanouk province for a Cambodian-made vehicle within the next three years. The agreement was made between BIW’s director Robin Bowyer and ACICA’s Group ...

http://www.phnompenhpost.com/index.php/2012091758751/Business/a-national-car-for-cambodia.html

Vehicle Imports up 45 pct in first half

Ministry of Commerce officials maintained that low import taxes and increased demand from consumers were the causes behind the 45.26 increase in vehicle imports in the first half of 2012 compared to the same period last year. The data showed 486,827 vehicles, of all makes and ...

http://www.phnompenhpost.com/index.php/2012081057918/Business/vehicle-imports-up-45-pct-in-first-half.html

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