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BRIEF-Thai Rung Union Car cuts 2015 sales target to 5-6 pct on weak auto industry
June 8, 2015 / 8:58 AM / 2 years ago

BRIEF-Thai Rung Union Car cuts 2015 sales target to 5-6 pct on weak auto industry

June 8 (Reuters) - Thai Rung Union Car Pcl

* Says cuts 2015 sales target to 5-6 percent from 8-10 percent due to weak auto industry, Sompong Phaoenchoke, managing director at the auto assembler, told investors

* Aims to expand production of commercial trucks and trailers on expectation of rising demand after the formation of Southeast Asia’s single market in late 2015

* Says its utilisation drops to 50 percent due to weak domestic market Further company coverage: (Reporting By Khettiya Jittapong)

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