Thailand - Flash report, Production volume, 2020

More detailed statistics for Thailand

Flash report, Production volume, 2020

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Flash report, February 2020

24 Mar. 2020

*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 sales in Thailand down 17.1%, February production down 17.7%
According to MarkLines Data Center, February vehicle sales in Thailand declined 17.1% year on year to 68,271 units. Sales in the month of February 2020 declined for the ninth month in a row due to the COVID-19 pandemic and strictness in auto loan approval process of financial institutions etc. January - February sales were down 12.7% to 139,959 units.
By brand sales in February, Toyota was down 27.2% to 18,578 units. Isuzu was down 2.1% to 14,484 units and Honda was up 0.7% to 9,761 units. Mitsubishi sales were down 15.6% to 5,973 units, and Nissan sales were down 19.8% to 4,810 units.
By body type, passenger cars were down 15.4% year over year to 27,356 units. Commercial vehicle sales were down 18.1% to 40,915 units. Pickup sales included in the commercial vehicle sales were down 18.5% to 33,376 units.
The Federation of Thai Industries (FTI) announced that new vehicle production in February was 150,604 units, 17.7% decline year over year. January - February production was down 15.4% to 306,870 units.
Vehicle exports in February were down 5.3% to 95,191 units. The export value was THB 47.5 billion, down 3.2% year on year. Vehicle exports from January to February were down 11.9% to 160,486 units.
The FTI announced about lowering its projection for automobile production in 2020 from 2.0 million units (1.0 million units for domestic sales and 1.0 million for exports) to 1.9 million units (0.95 million each for both domestic sales and export), blaming the global economic decline caused by the COVID-19 pandemic.

Thailand - Production and Sales of new vehicles
Feb.
2020
Growth
Y-o-Y (%)
Jan.-Feb.
2020
Growth
YTD (%)
Production 150,604 -17.7% 306,870 -15.4%
Domestic Sales 68,271 -17.1% 139,959 -12.7%
Export (CBU) 95,191 -5.3% 160,486 -11.9%
Source: FTI (Federation of Thai Industries), Toyota Motor Thailand Co., Ltd. (TMT), various media reports



PAGETOP

Flash report, January 2020

21 Feb. 2020

*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 sales in Thailand down 8.2%, January production down 13.0%
According to MarkLines Data Center, January vehicle sales in Thailand declined 8.2% year on year to 71,688 units. Sales in the month of January 2020 declined for the eighth month in a row due to the strictness in auto loan approval process of financial institutions etc.
By brand sales in January, Toyota was down 24.4% to 20,193 units. Isuzu was up 12.4% to 14,285 units and Honda was up 22.8% to 11,411 units. Mitsubishi sales were down 12.7% to 6,003 units, and Nissan sales were up 2.7% to 5,458 units.
By body type, passenger cars were up 0.4% year over year to 30,331 units. Commercial vehicle sales were down 13.6% to 41,357 units. Pickup sales included in the commercial vehicle sales were down 16.1% to 33,291 units.
The Federation of Thai Industries (FTI) announced that new vehicle production in January was 156,266 units, 13.0% decline year over year.
Vehicle exports in January were down 20.0% to 65,295 units with lower shipments to all regions except for Middle East. The export value was THB 32.3 billion, down 20.9% year on year. FTI has a vehicle production outlook for 2.0 million units in 2020.

Thailand - Production and Sales of new vehicles
Jan. 2020 Growth
Y-o-Y (%)
Production 156,266 -13.0%
Domestic Sales 71,688 -8.2%
Export (CBU) 65,295 -20.0%
Source: FTI (Federation of Thai Industries), Toyota Motor Thailand Co., Ltd. (TMT), various media reports



PAGETOP