At its annual press conference today, Toyota Motor Thailand announced its CY2015 sales results and CY2016 sales forecast.
2015 Toyota Sales Results in Thailand
| Category | Units | Change | Market share |
|---|---|---|---|
| Passenger Cars | 105,398 | -30.7% | 35.4% |
| Commercial Vehicles | 160,607 | -8.2% | 32.1% |
| Total Car Sales | 266,005 | -18.7% | 33.4% |
Toyota’s CBU export sales amounted to 376,763 units, decreasing 12.0% year-on-year.
Looking to future trends in the Thai automotive industry, Mr. Tanada commented: “We project that the auto market in Thailand will recover in the next 2 years. This is consequently a great opportunity to develop and strengthen our competitiveness while advancing our human resources competencies to gain knowledge and skills at the international level.”
2016 Toyota Sales Forecast for Thailand
| Category | Units (rounded) | Change | Market share |
|---|---|---|---|
| Passenger Cars | 89,000 | -15.3% | 33.6% |
| Commercial Vehicles | 151,000 | -6.2% | 33.2% |
| Total Car Sales | 240,000 | -9.8% | 33.3% |
