FX.co ★ Thailand Car Sales Rebound in March

Thailand’s domestic car sales rose 7.29% year-on-year to 59,865 units in March 2026, a solid rebound from the 2.17% decline recorded in the previous month, according to the Federation of Thai Industries (FTI). The turnaround was driven primarily by strong demand for electric vehicles. Automotive production also expanded, increasing 2.69% year-on-year to 133,413 units, though this represented a moderation from the 3.43% growth seen a month earlier. The FTI remains cautiously optimistic, projecting that total car production will grow by about 3% to 1.5 million units in 2026, after edging down 0.9% to 1.455 million units in 2025. External demand, however, showed signs of softness, with vehicle exports dipping 0.64% year-on-year to 80,394 units, underscoring persistent global headwinds and weaker demand in some overseas markets.