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Toyota’s Thai unit sees its 2022 car sales up 18.5%

FILE PHOTO: Employees work at an assembly line in the Toyota manufacturing plant located in Chachoengsao province, east of Bangkok, Nov 7, 2012. (Reuters)

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…

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