FX.co ★ Thailand Car Sales Surge 24.78% in October

In October 2025, domestic car sales in Thailand saw a remarkable increase of 24.78% compared to the same month the previous year, reaching 47,032 units, as reported by the Federation of Thai Industries. This growth rate surpassed the 23.82% rise observed in September and represented the highest pace recorded over the past seven months. The surge was mainly fueled by the sales of passenger cars, which surpassed 31,000 units. However, sales of pick-up trucks declined by 7.45%, totaling 10,084 units, even as BEV pick-up trucks entered the market with a modest debut of 38 units sold. Additionally, PPV sales experienced a significant boost of 40.76%. Over the first ten months of the year, the total domestic car sales climbed by 3.92%, amounting to 495,001 units. Concurrently, car production increased by 14.17% year-on-year, reaching 135,685 units, a considerable jump from a 5.92% rise in September. The production growth was mainly due to passenger cars, which rose by 17.94% to 55,997 units, and BEVs, which saw an impressive 1,265% rise to 9,393 units. As Southeast Asia’s leading automotive manufacturing hub and a significant export base for global automakers, Thailand faced a 5.86% year-on-year decline in vehicle exports, with 82,603 units shipped.