Car sales in Thailand dropped by 4.1 percent year-on-year to 77,433 units in September 2020, the 16th straight month of fall, after a 12.1 percent tumble in a month earlier, as demand was severely hit by the COVID-19 crisis. On a monthly basis, car sales jumped 12.4 percent, helped by the loosening coronavirus-related restriction measures and launches of new car models. In 2019, domestic car sales dropped 3.3 percent to 1 million units, compared with 2018's 19.5 percent surge to 1.05 million, the highest level in five years.
Total Vehicle Sales in Thailand averaged 41316.55 from 1980 until 2019, reaching an all time high of 157527 in March of 2013 and a record low of 5338 in April of 1986. This page provides - Thailand Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Total Vehicle Sales - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Thailand Automotive Institute
Total Vehicle Sales in Thailand is expected to be 75000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Total Vehicle Sales in Thailand to stand at 91000.00 in 12 months time. In the long-term, the Thailand Total Vehicle Sales is projected to trend around 95000.00 in 2021, according to our econometric models.