Car sales in Thailand slumped 54.12 percent year-on-year to 40,418 units in May 2020, as the coronavirus outbreak hit demand. This was the 12th consecutive month of decline in sales after more than two years of strong growth. In 2019, domestic car sales fell 3.3 percent to 1 million vehicles, compared with 2018's 19.5 percent surge to 1.05 million, the highest level in five years.

Total Vehicle Sales in Thailand averaged 41316.55 from 1980 until 2019, reaching an all time high of 157527 in March of 2013 and a record low of 5338 in April of 1986. This page provides - Thailand Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Total Vehicle Sales - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Thailand Automotive Institute

Total Vehicle Sales in Thailand is expected to be 60000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Total Vehicle Sales in Thailand to stand at 91000.00 in 12 months time. In the long-term, the Thailand Total Vehicle Sales is projected to trend around 95000.00 in 2021, according to our econometric models.

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Thailand Total Vehicle Sales

Actual Previous Highest Lowest Dates Unit Frequency
40418.00 30109.00 157527.00 5338.00 1980 - 2020 Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-03-19 07:00 AM Feb -17.1% -8.2% -7.5%
2020-04-23 04:00 AM Mar -41.74% -17.1% -25%
2020-05-20 03:45 AM Apr -65% -41.74% -32%
2020-06-18 03:30 AM May -54.12% -65% -36%
2020-08-21 05:30 AM Jul
2020-09-17 04:10 AM Aug
2020-11-23 04:00 AM Oct
2020-12-21 04:00 AM Nov


News Stream
Thailand Car Sales Plunge 54.12% YoY in May
Car sales in Thailand slumped 54.12 percent year-on-year to 40,418 units in May 2020, as the coronavirus outbreak hit demand. This was the 12th consecutive month of decline in sales after more than two years of strong growth. In 2019, domestic car sales fell 3.3 percent to 1 million vehicles, compared with 2018's 19.5 percent surge to 1.05 million, the highest level in five years.
2020-06-18
Thailand Vehicle Sales Plunge for 11th Month
Vehicle sales in Thailand tumbled 65.02 percent year-on-year to 30,109 units in April 2020, as the coronavirus outbreak hit demand. This was the eleventh consecutive month of decrease in sales after more than two years of strong growth. In 2019, domestic car sales dropped 3.3 percent to 1 million vehicles, compared with 2018's 19.5 percent jump to 1.05 million, the highest level in five years.
2020-05-20
Thailand Total Vehicle Sales Slump 41.74% in March
Vehicle sales in Thailand plunged 41.74 percent year-on-year to 60,105 units in March 2020, hit by the COVID-19 pandemic.This was the tenth consecutive month of decrease after more than two years of strong growth. In 2019, domestic car sales dropped 3.3 percent to 1 million vehicles, compared with last year’s 19.5 percent gain to 1.05 million, the highest level in five years. It was the first contraction in three years. For 2020, the Federation of Thailand Industries cuts its forecast of domestic sales by 50 thousand to 950 thousand vehicles last month.
2020-04-23
Thailand Total Vehicle Sales Plunge 17.1% in February
Vehicle sales in Thailand tumbled 17.1 percent year-on-year to 68,271 units in February 2020, hit by tougher lending by banks and the coronavirus outbreak. This was the ninth consecutive month of decrease after more than two years of strong growth. In 2019, domestic car sales fell 3.3 percent to 1 million vehicles, compared with last year’s 19.5 percent rise to 1.05 million, the highest level in five years. It was the first contraction in three years. For 2020, the Federation of Thailand Industries cuts its forecast of domestic sales by 50 thousand to 950 thousand vehicles.
2020-03-19