Mazda jittery over 2020 sales prospectsMazda Sales (Thailand) expects the car production in the country will drop for the second straight year. (Mazda photo)Mazda Sales (Thailand), the local distribution arm of the Japanese carmaker, is worried the baht's appreciation and the cloudy domestic economy will affect auto sales in 2020. Mazda estimates local car sales to reach 1 million units in 2020. In 2019, Mazda sold 58,129 vehicles, a sharp drop of 17.5%, well below its local sales target of 65,000 cars. This was the first decline in five years for Mazda sales in Thailand.

Source: Bangkok Post January 13, 2020 11:48 UTC