Thai Automotive Production and Domestic Sales Rise in Q1 2026

The Federation of Thai Industries reported a rise in Thailand's automotive production for March 2026, reaching 133,413 vehicles, a 2.69 percent increase. This growth was fueled by a surge in hybrid electric vehicles and pickup trucks, which offset a decline in traditional combustion-engine passenger cars. For the first quarter of 2026, total production rose 5.32 percent year-on-year to 369,751 units, aided by the expansion of battery electric vehicles.

Domestic sales grew by approximately 7 percent in March to 59,865 units, supported by high booking volumes and deliveries from the Bangkok International Motor Show. Battery electric vehicle sales jumped nearly 48 percent to 12,074 units, while hybrid electric vehicle sales rose 24 percent to 14,895 units. Overall, the domestic market expanded by nearly 19 percent in the first quarter to 182,083 units, contrasting with a 24 percent drop in internal combustion engine passenger vehicle sales.

Finished car exports declined as shipments to the Middle East fell significantly. March exports dropped 0.64 percent to 80,394 units, with Middle East shipments down 15.96 percent due to disruptions in the Strait of Hormuz and the conflict between the United States and Iran. Total exports for the first quarter decreased by 2 percent to 219,994 units.