Rebate program’s end, political unrest to â€źwallop” 2014 sales, Honda exec says.
The political crisis gripping Thailand has seen truck makers reduce parts orders 70% as vehicle sales slow, the Thai Auto Parts Manufacturers Assn. says. Honorary President Prasartsilp On-aht tells The Nation newspaper that dealers still can find buyers for small trucks, but the market for larger models is drying up. As a result, he says, combined vehicle sales could fall below projections and production may slip from the 2.7 million units forecast this year to 2.55 million. “Part ...
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