Millennium Group Corporation (Asia) Public Company Limited (MGC-ASIA) reported record profits for 2025, driven by the strength of its integrated mobility ecosystem, expanding electric vehicle (EV) strategy, and recurring income from services and financial businesses.
Chief Executive Officer Dr. Sunhavut Thamchuanviriya said the group’s 25th anniversary year marked another milestone as the company achieved its highest-ever profit, supported by a well-structured brand portfolio and strong synergy across its automotive, financial, and mobility services.
MGC-ASIA’s ecosystem spans premium vehicle sales, EV distribution, after-sales services, insurance, financing, and car rentals, helping generate stable recurring revenue and improved cash flow.
The company’s brand portfolio includes premium marques such as BMW and MINI, alongside Honda. Growth in the premium EV segment — led by models like the BMW i7 — has reinforced the group’s position in Thailand’s luxury automotive market.
MGC-ASIA is also expanding its EV strategy with technology-focused Chinese brands XPeng and Zeekr, while Honda recently introduced the Honda e:N1 electric SUV to the Thai market.
Beyond vehicle sales, the group continues to grow its service ecosystem through nationwide after-sales centers under MMS and its premium car rental platform SIXT Thailand, which has begun offering EV rentals to allow customers to experience electric mobility before purchasing.
Financial and insurance businesses also rebounded, with growth driven by Alpha X luxury asset financing and insurance brokerage services under Howden Maxi.
Currently, MGC-ASIA operates showrooms and service centers for 20 brands in Thailand, supported by 130 branches across the region, including SIXT operations in Laos and Malaysia. The network includes 44 after-sales service branches with more than 300 repair bays and certified technicians nationwide.
