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FX.co ★ Thailand Car Sales Up 5.38% in August

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typeContent_19130:::2025-09-25T01:53:07

Thailand Car Sales Up 5.38% in August

In August 2025, domestic car sales in Thailand rose by 5.38% compared to the same month the previous year, totaling 47,622 units, as reported by the Federation of Thai Industries (FTI). This increase marks a deceleration from a 5.84% rise in July but signifies the fifth consecutive month of growth, predominantly driven by a heightened demand for electric vehicles (EVs). Nevertheless, stringent lending criteria and persistent economic challenges continued to dampen the market for pickup trucks. On a monthly basis, overall domestic car sales saw a 3.01% decline in August.

In terms of production, the automotive sector experienced a 6.1% year-on-year reduction, producing only 112,366 units, attributed to decreased exports and the discontinuation of certain vehicle models. As Southeast Asia's largest automotive production hub and a significant global export center, Thailand faced a substantial 17.3% year-on-year decrease in vehicle exports, down to 71,179 units. This decline was chiefly due to the reduced exportation of internal combustion engine (ICE) passenger cars and pickup trucks.

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