In 2015, overall domestic car sales fell 9.3% to 799,594 vehicles. (Bangkok Post file photo)Domestic car sales are expected to be down 7.5% this year, which is still considerably better than had been predicted, Toyota Motor Corp's Thai unit said on Tuesday. In January, Toyota said local auto sales were expected to decline by 10% year-on-year to 720,000 units. Car sales have declined almost every month on a yearly basis since May 2013 following the fading effect of a government car subsidy scheme that ended in 2012, plus weak domestic consumption. Toyota, which commands about a third of the country's auto market, would keep its domestic car sales target at 240,000 cars, or down 9.8% from 2015, said Kyoichi Tanada, president of the Toyota Thai unit at a news conference.

Source: Bangkok Post July 26, 2016 06:56 UTC