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Japan's Toyota Motor Corporation predicts Thailand's auto sales will soar 37 percent this year to 750-thousand vehicles, helped by brisk economic growth.
Toyota alone anticipates record Thai sales of 300-thousand vehicles in 2010. It also expects its Thai export sales to grow 39 percent this year to 330-thousand vehicles.
The company said its manufacturing facility in Thailand is expected to generate corporate revenue of over 195 billion Thai baht, a 28 percent increase from last year. It attributed the strong growth in domestic sales this year to the steady recovery of the Thai economy.