​In Brief: Toyoya plans expansion | Phnom Penh Post

In Brief: Toyoya plans expansion

Business

Publication date
07 April 2009 | 15:00 ICT

Reporter : Nguon Sovan

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Michelle Obama talks to members of the Peace Corps serving in Cambodia in Cambodia's Siem Reap province on Saturday. Photo by Ethan Harfenist

JAPANESE car giant Toyota is planning a US$6 million expansion in Cambodia over the next two years in the face of falling domestic sales, according to its local distributor. "We still commit to expanding our sales to bring us closer to provincial customers," Kong Nuon, president of TTHK Co, the sole distributor of Toyota in Cambodia, said in a press briefing Sunday. Further showrooms will be opened in cities including Battambang and Siem Reap, he added. Toyota expects to sell 750 vehicles this year, down from 1,100 in 2008.

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