A year after Thailand's Court of Justice said it was investigating Toyota's suspected conspiracy to bribe current and former Thai Supreme Court judges, inquiries in the Southeast Asian kingdom and the U.S. are slowly piecing together evidence to back up suspicions first outlined in an internal WilmerHale investigation, including a multimillion-dollar payment to a small law firm that allegedly acted as a middleman.
The Thai automotive industry expects to manufacture 1.8 million vehicles this year, one million for export, as market demand continues to improve. Auto production grew 18 per cent in 2021 from a year earlier, to 1,685,706 vehicles, the Federation of Thai Industries (FTI) reports. Exports grew 30 per cent to 561.14 million baht ($17 million).
Toyota Motor Thailand expects its car sales to rebound following a slight decrease last year to record growth of 18.5% to 284,000 units in 2022 and looks forward to electric vehicle (EV) development by making Thailand its major production base for EVs.
Toyota Motor Thailand expects its car sales to rebound following a slight decrease last year to record growth of 18.5% to 284,000 units in 2022 and looks forward to electric vehicle (EV) development by making Thailand its major production base for EVs.
Toyota bZ4X electric vehicle to make ASEAN debut philkotse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philkotse.com Daily Mail and Mail on Sunday newspapers.