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Byline: The Nation.
Toyota expects the auto market to race ahead by 7.4 per cent to a new sales record of 860,000 units this year.
"According to the sales volume reported earlier, it implies that the improving economic situation will lead to higher consumer confidence, and this directly benefits the automobile market," Kyoichi Tanada, president of Toyota Motor Thailand, the country's largest carmaker, said yesterday.
Sales of new passenger cars are expected to climb 11.1 per cent to 385,200 units, while commercial-vehicle sales rise 4.6 per cent to 474,800 units, of which 375,000, up 7.9 per cent, will be pickups.
Last year the auto market surged …