Huge demand for cars in Thailand

According to the Federation of Thai Industries (FTI), domestic car sales in Thailand increased by 23.82 percent year-on-year in September 2025, reaching 48,350 units. This represents a sharp acceleration from the 5.38 percent increase recorded in August. This was the sixth consecutive month of growth, primarily driven by a booming electric vehicle market thanks to affordable pricing and modern technology. In contrast, pickup truck sales fell under the pressure of a stagnant domestic economy, rising living costs, and stricter credit approval processes implemented by financial institutions. In the first nine months of 2025, total domestic car sales reached 477,969 units, 2.12 percent higher than the same period last year. Meanwhile, car production rose 4.77 percent year-on-year in September, reaching 128,104 units. This increase was primarily driven by strong demand for electric vehicles and modified pickup trucks (PPVs). In the January-September period, total vehicle production reached 1,075,801 units, a decrease of 4.63 percent compared to the same period of the previous year.