BANGKOK (Kyodo) -- Toyota Motor Thailand Co., the local unit of Japan's Toyota Motor Corp., said Tuesday it expects to sell 11.5 percent more cars in 2010 from the previous year.
Kyoichi Tanada, president of Toyota Motor Thailand, said the company is optimistic about auto sales in Thailand this year given the ongoing recovery from the global financial crisis.
Tanada said the stimulus packages launched by the Thai government last year are among the main factors helping the automobile industry to get back on track.
Toyota expects to sell 257,000 units, including 111,000 passenger cars and 146,000 commercial vehicles.
He also said that demand for hybrid cars among Thai consumers is increasing and that the company plans to produce more hybrid models for the market.
Commenting on the Thai political situation, he said the political conflict in Thailand would not affect sales, adding that the conflict has continued for several years.