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Thai vehicle sales in april fell for an 11th consecutive month, industry figures showed tuesday, plummeting 27.4 percent year-on-year after further domestic political upheaval. Toyota Motor Thailand, which complies the industrywide figures, said domestic vehicle fell to 39713 units. Sales of passenger cars rose 4.2% year on year, but the commercial segment continued to suffer for a 12th month running & fell by 39.7%. "It's the lowest drop in four months but it fell becasuse of the economic slowdown & low consumer confidence due to the political incidents in mid-april" Toyota Motor Thailand said in its monthly release. Anti-government protesters loyal to fugitive former premier Thaksin Shinawatra stormed regional summit on the coast of Thailand on april 11, forcing its closure before further demonstrations erupted in Bangkok. The latest round of political unrest only ended after a state of emergency was called across the capital & rioting protesters were threatened with a military crackdown.
---AFP
