Thailand Car Sales Climb 4.73% in May

2025-06-27 04:20 By Czyrill Jean Coloma 1 min. read

Domestic car sales in Thailand climbed by 4.73% year-on-year to 52,229 units in May 2025, from 0.97% in the previous month, according to data from the Federation of Thai Industries (FTI).

This marked the second straight month of growth, primarily driven by increased sales of BEVs (118.64%), PHEVs (234.68%), and ICE passenger cars (3.19%).

However, sales plunged for pickup trucks (-24.84%), largely due to stricter loan approvals, high household debt, and subdued private sector investment.

Meanwhile, car production posted its first growth in twenty-one months, with output rising by 10.32% year-on-year to 139,186 units in May.

However, total vehicle production reached 594,492 units from January-May 2025, a 7.82% fall compared to the same period last year.

Thailand—the largest automotive manufacturing hub in Southeast Asia and a key export base for global automakers including Toyota and Honda—reported a 1.7% year-on-year decline in vehicle exports, easing from a 6.3% contraction in April.



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