Thailand - Automotive production in 2026

*The numbers shown are the units at the time of the announcement, and may differ if revisions are later made to past data.

Sales data by OEM/model in Thailand

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Flash report, Automotive Production volume, 2026

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

Flash report, February 2026

Mar 25, 2026

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

February vehicle production in Thailand up 3.4% (Flash Report)
On March 24, 2026, the Federation of Thai Industries (FTI) reported that Thailand produced 117,952 vehicles in February 2026, up 3.4% YoY. Approximately 31% of total production was for domestic sales, while 69% was for exports. Passenger car output included 14,939 HEVs and 3,446 BEVs (revised). In January–February 2026, total vehicle production rose 6.9% YoY to 236,338 units. Passenger HEV production reached 34,287 units, while passenger BEV production, reflecting revisions to previously reported figures for both January and February, totaled 5,533 units.
Vehicle exports in February 2026 declined marginally by 0.05% YoY to 81,195 units. In January–February 2026, vehicle exports totaled 139,600 units, down 2.8% YoY.
Domestic vehicle sales in February 2026 totaled 48,242 units, down 2.2% YoY. Passenger car sales included 6,168 BEVs and 12,706 HEVs, while ICE pickup truck sales amounted to 12,998 units. In January–February 2026, domestic vehicle sales rose 25.5% YoY to 122,218 units, following a revision to January 2026 sales to 73,976 units. The total included 38,067 passenger BEVs and 25,335 passenger HEVs, while ICE pickup truck sales reached 24,502 units, with all three totals reflecting revisions to their January 2026 figures.
FTI attributed the sales decline mainly to slower EV demand following the end of the EV 3.0 incentive scheme. Pickup trucks and ICE passenger vehicles also declined due to tighter lending conditions amid sluggish economic growth and weak purchasing power, while investment remains on hold pending clarity on the new government’s policies. Meanwhile, ongoing conflicts involving the U.S., Israel, and Iran have raised concerns over exports amid rising energy prices, contributing to global inflation and further pressuring consumer spending. Analysts expect modest economic growth in Thailand, which could continue to weigh on domestic vehicle and motorcycle sales.
Notes:
• February 2025 production: 114,044 units (revised)
• January–February 2025 production: 221,147 units (revised)
• February 2025 exports: 81,236 units (revised)
• January–February 2025 exports: 143,557 units (revised)

Thailand - Production and Retail Sales of new vehicles

	Feb. 2026	Feb. 2025	Growth Y-o-Y (%)	Jan.-Feb. 2026	Jan.-Feb. 2025	Growth YTD (%)
Production	117,952	114,044	3.4%	236,338	221,147	6.9%
Domestic Sales	48,242	49,313	-2.2%	122,218	97,395	25.5%
Export (CBU)	81,195	81,236	-0.1%	139,600	143,557	-2.8%

Source: FTI (Federation of Thai Industries), various media reports

* Data is updated regularly, these figures may change.

Flash report, January 2026

Feb 24, 2026

January vehicle production in Thailand up 10.5% (Flash Report)
On February 24, 2026, the Federation of Thai Industries (FTI) reported that Thailand produced 118,386 vehicles in January 2026, up 10.5% YoY. Despite the increase, the FTI described the growth as modest, noting that monthly production levels had previously reached between 140,000 and 150,000 units. Approximately 24% of total production in January 2026 was sold domestically, while 76% was exported. Passenger vehicle output included 19,348 HEVs and 2,471 BEVs.
Vehicle exports declined 6.3% YoY in January 2026 to 58,405 units. ICE pickup trucks, which account for more than 62% of total vehicle exports, also recorded a YoY decrease.
Domestic vehicle sales in January 2026 rose 53.8% YoY to 73,936 units. The January 2025 sales figure was revised to 48,082 units. Passenger vehicle sales in January 2026 included 31,859 BEVs and 12,654 HEVs, while ICE pickup truck sales totaled 11,507 units.
According to the FTI, sales growth was driven by accelerated EV deliveries under the EV 3.0 scheme and the 2:1 compensatory production requirement under the EV 3.5 scheme, boosting passenger vehicle sales. However, pickup sales continued to decline amid tight auto lending, weak purchasing power, and low capacity utilization.
Encouragingly, the Thai economy showed early signs of recovery in Q4 2025, supported by stronger investment, particularly from the private sector and rising machinery imports. However, a key challenge remains: the new government has yet to be officially formed. Once in place, it is expected to fast-track approved projects to stimulate job creation, boost income, and support Thailand’s economic growth.

Thailand - Production and Sales of new vehicles