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Thai car sales soar
Agencies
Page 16
2010-03-16 12:00 AM
Vehicle sales in Thailand were up 57.7 percent year-on-year in February, boosted by the introduction of new models and rising revenue in the agricultural sector, the industry announced yesterday. A total of 54,175 units were sold in February, representing the biggest increase in more than seven years, and the sixth consecutive month of gains for the sector.

The rise was equal across both commercial and passenger vehicle sales. "Auto sales in March are expected to continue to grow despite political demonstrations, which could erode consumer confidence," Toyota Motor Thailand said in its monthly release on behalf of the industry.

"But the introduction of new models and a motor show exhibition in late March will boost sales," the statement said.

 
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