Thailand's car market will climb 5% to 900,000 vehicles per year after four straight years of decline, said the chief of Mitsubishi Thailand. Mr Chokki said Mitsubishi aims to capture more than 8% of the market next year, after the launch of two new models, including the Indonesia-made Xpander multi-purpose vehicle. Mr Chokki projects 850-860,000 vehicles will be sold in 2017, up 10-11%. Vehicle shipments were impacted by a slowing Middle East economy, which accounts for 4% of Mitsubishi's exports, said Mr Chokki. That is why we are confident that the goal of exporting 326,000 CBUs and CKDs this year is feasible," said Mr Chokki.

Source: Bangkok Post December 18, 2017 00:11 UTC