ure pickups noted around 43.5% drop following a stringent requirement of financial institutions for an auto loan and high household debt. Sales of PPVs also declined 43.9% YoY as there was no interesting new PPV model released recently, while some customers preferred new hybrid SUVs with affordable prices instead. Other negative factors included an economic slowdown and a delay in the 2024 fiscal budget.According to data compiled by Toyota Motor ...

Automotive Production Data  Updated at: 2025/07/04

nt investment announcements are testament to the potential for growth, not least in terms of rising EV production. Long-term recovery can only be delivered, however, if global competitiveness is assured and for that we must address both inflationary and fixed costs, most obviously escalating energy prices, but also fiscal and trading costs. Every measure must be taken if we are to secure a bright, electrified future for our world-class automotive...

Automotive Production Data  Updated at: 2023/03/30

cording to the Federation of Thai Industries (FTI), May vehicle sales in Thailand increased 15.7% year over year (YoY) to 64,735 units as further lockdown easements were announced and thanks to the reopening of the country to international tourism. However, FTI expressed concern over the rising oil prices, Thai baht depreciation, as well as the rising household debt, which could reduce purchasing power of the customers. Vehicle sales in January-M...

Automotive Production Data  Updated at: 2023/02/21

in Q1. Nonetheless, the external environment of the industry became more complex owing to the conflict between Russia and Ukraine. At the same time, factors such as the chip shortage and the rising cost of raw materials affected the production and operation of companies, making it hard to stabilize prices.Overall vehicle production in February totaled 1.813 million units, reflecting a 20.6% y/y increase, while sales totaled 1.737 million units, r...

Automotive Production Data  Updated at: 2023/02/10

ctober, 2021.In October 2021, China’s macro-economy was in a stable state, while the domestic and international environment remained complex and severe. The automotive industry was struggling to overcome the impacts exerted by numerous unfavorable factors such as power reduction and high material prices. The supply of automotive-grade chips was slightly better than the third quarter. Vehicle production and sales continued to get better, and the...

Automotive Production Data  Updated at: 2022/02/25

ckup sales included in the commercial vehicle sales were up 7.2% to 41,233 units.The sales growth in April was largely due to the introduction of new models at the Bangkok International Motor Show 2019 (ended on April 7), stronger economic growth, higher state and private investment as well as farm prices.The Federation of Thai Industries (FTI) announced that new vehicle production in April was 150,242 units, a 11.5% increase year over year. Janu...

Automotive Production Data  Updated at: 2020/01/29

luded in the commercial vehicle sales were up 13.8% to 43,205 units.The sales growth in September was largely due to the high consumer confidence, new model introductions, economic growth, higher state and private investment, the tourism industry’s potential, healthy export sector and higher farm prices. Federation of Thai Industries (FTI) maintains a 2018 projection of 980,000 units, although the local market in 2018 could possibly reach 1 mil...

Automotive Production Data  Updated at: 2019/01/25

e up 23.8% to 37,967 units.Each car distributor is featuring promotional campaigns and the Thailand International Motor Expo will run from Nov 30 to Dec 11. The local economic sentiment is viewed as strong enough to drive the car market, FTI said that with all positive factors including higher crop prices, growing tourism, rising exports, recovering private investment and acceleration of state budget disbursement, FTI projects sales volume of 245...

Automotive Production Data  Updated at: 2018/07/25