January auto sales grow by 17.3%

A total of 78,061 vehicles were sold in Thailand in January this year, equivalent to an increase of 17.3 per cent compared to the same month last year.
Paweena Nantikulvanich, vice president of Toyota Motor Thailand Co Ltd, said in a press release that Thai auto sales in January comprised of 30,221 passenger cars, up 17.4 per cent, while commercial vehicles sales reached 47,840 units, an increase of 17.3 per cent.
Paweena said January auto sales were aided by Motor Expo deliveries and political stability that boosted confidence.
She said the market should grow in February due to the improving Thai economy thanks to growth in tourism and domestic consumption.
Toyota was the top company in January with 26,757 units (up 56.1 per cent, 34.3 per cent market share) followed by last year’s 1-ton pickup champion Isuzu with 12,704 units (up 3.9 per cent, 16.3 per cent market share) and Honda with 9,290 units (up 2.0 per cent, 11.9 per cent market share).