The company attributes the programme largely to the depressed condition of Thailand's automotive industry, which has been hit by the first-time car buyer schemeand the poor global economy," he said.
"After the tax - rebate programme expired in 2012, Toyota has been trying hard toadjust its manufacturing to cope with the sluggish sentiment."
Toyota's current production is only 60-70% of total productivity.
Although Toyota's popular Hilux Revo pickup truck made its world debut last year,domestic sales remain tepid.