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One2Car and Thanachart announce strategic finance partnership

Tuesday, 2nd May, 2017 – Mr. Tirachart Chiracharasporn, Executive Vice President, Product and Marketing Management, Thanachart Bank PCL and Mr. Hamish Stone, Group Chief Executive Officer, iCar Asia Limited, who operates a network of Thailand automotive vertical websites; One2Car.com, AutoSpinn.com and Thaicar.com, announce a business partnership that will help used car dealers in the Thanachart portfolio to expand online through One2Car.com.

Thanachart Bank will offer used car dealers in their network the opportunity to sell their cars on One2Car.com, the largest car classified website in Thailand. Through this offer, Thanachart Bank will sponsor their dealers to get One2Car member subscriptions and/or special listing advertisements named “Hot Deals” (a special listing advertisement with limited time offers and special discounted car prices).

Khun Pornladda Dathrathwibul, Thailand Country Manager, iCar Asia states that, “Partnering with Thanachart Bank will help us to empower used car dealers to access the largest online car selling channel in Thailand, One2Car.com. Consumers can choose the car they want and if it is one of the  Thanachart sponsored dealers, then consumers can ask dealers for the financing service offered by Thanchart. Thanachart offers a wide range of finance services and packages for One2Car.com users and is available to dealers, private sellers and private car buyers.”

Thanachart Bank is the 6th largest commercial bank in Thailand with a total asset value of more than 1 trillion THB. It is the market leader in auto financing loans in the country and offers a full range of financial services through over 600 branches nationwide to more than 4 million customers covering both consumers and businesses.

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From left to right

  1. Pornladda Dathrathwibul, Country Manager, iCar Asia (Thailand) Co.,Ltd.
  2. Tirachart Chiracharasporn, Executive Vice President, Product and Marketing Management, Thanachart Bank PCL.
  3. Hamish Stone, Group Chief Executive Officer, iCar Asia Ltd.
  4. Chatcharit Tungtakeangkiat, First Vice President, Product and Marketing Management, Thanachart Bank PCL.

For more information please contact:

Hamish Stone
Chief Executive Officer
iCar Asia Ltd
Mobile:  +60 17 473 3778
Email: hamish.stone@icarasia.com
Mark Licciardo
Company Secretary
iCar Asia Ltd
Tel: +613 8689 9997
Email: markl@mertons.com.au

About iCar Asia Limited (www.icarasia.com)

Listed on the Australian Securities Exchange, iCar Asia (ASX:ICQ) owns and operates ASEAN’s No. 1 network of automotive portals. Headquartered in Kuala Lumpur, Malaysia, the company is focused on developing and operating leading automotive portals in Malaysia, Indonesia and Thailand. iCar Asia is continuously working to capitalize on its market-leading positions, with its online properties currently reaching over 4.8 million car buyers and sellers in the region every month.

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