Thailand’s auto sales closed in to the 100,000-unit bracket in March, with 95,082 vehicles sold for a 12.1-per cent growth.
According to a monthly release from industry compiler Toyota Motor Thailand Co Ltd (TMT), 34,765 passenger cars were sold in March, marking an increase of 3.8 per cent compared to the same month last year, while 60,317 commercial vehicles were sold, up 17.5 per cent.
The most popular brand in Thailand for March was Toyota, registering sales of 26,717 units (up 21 per cent), followed by Isuzu with 18,811 units (up 16.2 per cent) and Honda with 10,197 units (down 19.2 per cent).
From January to March, Toyota is also the leader with an aggregate of 64,234 units (up 9,3 per cent), followed by Isuzu with 44,316 units (up 6,3 per cent) and Honda with 28,435 units (down 5.8 per cent).
According to Vudhigorn Suriyachantananont, executive vice president of TMT, new models being launched during the first quarter of the year as well as the promotions offered at the recently-concluded Bangkok International Motor Show in late March help fueled auto sales for the motor industry.
“Auto sales grew in the first three months of 2018 due to the ongoing economic recovery as well as the various sales promotions from the start of the year that has helped boost the auto market,” he said.
Thanks to demand from the Bangkok International Motor Show going on until April, plus stronger consumer sentiment, the Thai automobile market is expected to continue growing during the rest of the year, Vudhigorn added.
