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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Thai auto sales down almost 38 pct: industry AFP - Wednesday, April 22 BANGKOK (AFP) - - Thai vehicle sales in March fell 37.8 percent year-on-year, industry figures showed Wednesday, the tenth consecutive month of decline. ADVERTISEMENT Toyota Motor Thailand, which compiles the industry-wide figures, said domestic vehicle sales reached 41,328 units in March. Sales fell across all models but commercial and industrial vehicles performed worse than passenger cars, which fell by 23.4 percent. "We've seen sales drop for 10 months running because the market severely shrank, especially the commercial vehicle market which plunged 44.5 percent -- an 11-month low," Toyota said in a statement. "Consumer confidence reached a seven-year low and meant consumers were more cautious in their spending," it said. The statement said a further contraction was expected in April with consumer sentiment knocked by political unrest and continued economic decline. The three biggest auto companies in Thailand -- Toyota, Isuzu and Honda, which command 79.3 percent of the domestic market -- all reported falling sales in March. Email Story IM Story Printable View Blog This Recommend this article 0 users recommend Sign in to recommend this article » Most Recommended Stories » Related Articles: Business US-BUSINESS SummaryReuters - 36 minutes ago China stocks slide 2.94 pct, hit by profit-takingReuters - 39 minutes ago Turkish c.bank says to hold 3 bln lira repo auctionReuters - 42 minutes ago PREVIEW-Hong Kong March inflation seen at 1.2 pctReuters - 42 minutes ago Japan MOF: forex not major issue at this week's G7Reuters - 46 minutes ago Enlarge Photo Thai auto sales down almost 38 pct: industry Most Popular – Business Viewed Robust profits mask problems in bank sector Warming pushes birds to migrate farther 'Silent' heart attacks go unnoticed: study Physicist Stephen Hawking 'very ill': university Police nab Norwegian pair during high-speed sex View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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