According to figures from Toyota Motor Thailand Co Ltd, a total of 25,749 passenger cars (up 27.3 per cent) and 40,796 commercial vehicles (up 10.2 per cent) were sold in the country last month.

TMT vice president Vudhigorn Suiryachannananont said the growth is result of government economic stimulus programmes that are bearing fruit.

“Exports growth has hit a 10-year high at 9.9 per cent while tourism has grown by 8.8 per cent, driving up the consumer confidence index to 80 per cent, the highest in 36 months,” Vudhigorn said, adding that vehicles orders placed during the Motor Expo in December were also being delivered during January.