Thai vehicle sales rise 7% in March

GlobalData

Tue, April 28, 2026 astatine 3:50 AM CDT 2 min read

Thailand’s caller conveyance marketplace roseate by conscionable implicit 7% to 59,865 units successful March 2026 from 55,798 units a twelvemonth earlier, according to the latest information released by the Federation of Thai Industries (FTI), driven by beardown income of electrified vehicles.

The marketplace past period resumed its year-long recovery, pursuing 2 years of crisp declines, aft a mean year-on-year diminution successful February. The FTI’s generally-secretary, Surapong Paisitpatanapong, told reporters that past month’s income maturation was driven chiefly by deliveries of vehicles purchased astatine the caller Bangkok International Motor Show. He pointed retired that much than fractional of the 100,000 bookings made astatine the amusement were for artillery electrical vehicles (BEVs), mostly by Chinese automakers.

The FTI’s information shows that BEV income surged by astir 48% to 12,074 units past month, portion income of rider hybrid electrical vehicles (HEVs) accrued by 24% to 14,895 units.

In the archetypal 3 months of 2026, Thailand’s home conveyance marketplace expanded by astir 19% to 182,083 units, from 153,193 units a twelvemonth earlier, driven by a 54% surge successful January. Sales of interior combustion motor (ICE) rider vehicles fell by 24% to 30,847 units successful this period, portion income of rider BEVs surged by 121% to 50,141 units, and rider HEVs accrued by 21% to 40,230 units. Sales of ICE pickup trucks fell by conscionable nether 5% to 38,493 units.

Vehicle accumulation successful the state roseate by implicit 5% to 369,751 vehicles year-to-date, portion exports fell by 2% to 219,994 units, with shipments to the Middle East affected by the US struggle with Iran.

Earlier this year, the Federation said it expected conveyance accumulation successful the state to scope 1.5 cardinal units this year, including 550,000 for merchantability domestically and 950,000 for export. GlobalData expects home airy conveyance income to diminution somewhat to 613,000 units successful 2026, aft increasing by 9% to 617,000 units past year, with the marketplace forecast to rebound by astir 12% to 684,000 units successful 2027.

"Thai conveyance income emergence 7% successful March" was primitively created and published by Just Auto, a GlobalData owned brand.