The Thai unit of Toyota Motor Corp expects its car sales in the country to rise 18.5% to 284,000 vehicles this year, the company said on Thursday.
Toyota, which commands about a third of the Thai vehicle market, recorded sales of 239,723 in the country, down 1.9% in 2021, President of Toyota Motor Thailand Noriaki Yamashita said in a statement.
The company is targeting car exports of 371,000 vehicles this year, up 27% from 292,000 cars shipped out last year.
“Covid-19 may continue to impact on the Thai economy, but we anticipate that the Thai auto industry would gradually return to normal, with resuming operations of all economic sectors, and also…