Thailand Car Sales Hit Near 3-Year High
2026-01-29 08:11
By
Czyrill Jean Coloma
1 min. read
Domestic car sales in Thailand surged 39.07% year-on-year to a near three-year high of 75,121 units in December 2025, from a 20.65% gain in the previous month, according to the Federation of Thai Industries.
The increase was primarily driven by strong demand for electric vehicles amid the conclusion of the EV 3.0 incentive program.
Overall, 2025 sales grew 8.47% to reach 621,166 units.
Meanwhile, car production rose 8.56% yoy to 113,855 units in December, as manufacturers increased EV output to compensate for earlier imports under the government’s incentives.
Despite this, total vehicle production for 2025 fell 0.9% to around 1.46 million units.
Looking ahead to 2026, the federation forecasts a 3% rise in output to 1.5 million units, with 550,000 for the domestic market and the rest for export.
Thailand’s car exports grew 11.29% yoy to 84,963 units in December, boosted by a continued robust increase in shipments of hybrid EVs.
However, full-year exports fell 8.19% to 935,750 units.