Thailand's auto industry is concerned about a Japanese request under a proposed free-trade agreement that calls for Thailand to end its 80% import duty on cars equipped with engines larger than 3L. Dropping the tax means prices of expensive Japanese nameplates would fall substantially and cut into Thai sales of European brands such as Mercedes, BMW, Volvo and Land Rover. Lexus RX 400h hybrid would sell for substantially less. Analysts say Japan is seeking some return on the ...
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