TOKYO : UD Trucks Corporation, the Japanese manufacturer of trucks and special vehicles, is strengthening its product line-up in Thailand as it focuses more on emerging markets.
A worker assembles parts at UD Trucks’ Tokyo factory. Transport demand is declining in Japan but it is at record high in developing markets.
Kenneth Hagas, the vice-president for brand strategy and marketing at the Volvo Group-owned company, said it is looking to at least triple international sales within five years, with Africa, Asia and Latin America as its first targets.
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