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

2021 2022 2023 2024 2025 2026

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Flash report, Automotive Production volume, 2026

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

Flash report, January 2026

Feb 24, 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.

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