Honda provided sales guidance for its Thai unit for 2014. The company's Thai unit projects its sales to fall by 15.6% this year to only 180,000 units in line with industry sales that are estimated to decline to 1.13 million vehicles. Shrinking demand after the government's first-time car buyer tax rebate expired in late 2012 and the political stand-off will wallop car sales in 2014.
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- Honda Provides Vehicle Sales Guidance for its Thai Unit for 2014