With luxury tax calculated on retail rather than import price starting at the beginning of this year, cars cost 10...

The company expects its sales to grow 40 percent to more than 112,000 units this year

But it was a good quarter as nearly 60,000 units were sold, up 23 percent year-on-year

The German company says the country has become one of its fastest growing markets

The industry's sales will grow 10-30 percent this year, insiders say

The goal is to strengthen the local auto industry that has failed to keep up with those in neighboring countries

It plans to build a plant in the country as part of a $73.55-million global expansion strategy

Thailand took over South Korea and China to become the top car seller in terms of units

The carmaker has hinted at an exit but an industry insider says that is an empty threat

The bill sought to clear a total of $438.58 million in back taxes for some troubled state-owned companies

Industry insiders say car prices may go up 10-20 percent when the new rules take effect

Tax cuts will reduce prices by more than 40 percent and make cars much more affordable to the country's...

Incentives are needed as cars from Southeast Asia will become more competitive after tax cuts, they say  

The car market, which is very small, will suffer further blows when prices surge, insiders warn  

Changes coming to the auto market earlier than expected, with a sudden cut in tariffs on imports from South Korea