Vehicle sales in Thailand dropped 8.2 percent year-on-year to 71,688 units in January 2020, hit by tougher lending by banks. This was the eighth 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. Thailand Total Vehicle Sales - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

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. source: Thailand Automotive Institute

Total Vehicle Sales in Thailand is expected to be 95000.00 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 93000.00 in 2021, according to our econometric models.


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Thailand Total Vehicle Sales

Actual Previous Highest Lowest Dates Unit Frequency
71688.00 89285.00 157527.00 5338.00 1980 - 2020 Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-22 04:00 AM Oct -11.3% -14.1% -7.6%
2019-12-18 04:00 AM Nov -16.2% -11.3% -7.1%
2020-01-22 04:00 AM Dec -21.4% -16.2% -7.6%
2020-02-20 03:25 AM Jan -8.2% -21.4%
2020-03-23 05:30 AM Feb -8.2% -7.5%
2020-05-22 04:15 AM Apr
2020-06-22 05:20 AM May
2020-08-21 05:30 AM Jul


News Stream
Thailand Vehicle Sales Fall for 8th Month
Vehicle sales in Thailand dropped 8.2 percent year-on-year to 71,688 units in January 2020, hit by tougher lending by banks. This was the eighth 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.
2020-02-20
Thailand Vehicle Sales Fall for 7th Month
Vehicle sales in Thailand tumbled 21.4 percent year-on-year to 89,285 units in December 2019, hit by tougher lending by banks. This was the seventh consecutive month of decrease after more than two years of strong growth. In 2019, domestic car sales declined 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. At the same time, car exports slumped 7.59 percent to 1.05 million.
2020-01-22
Thailand Vehicle Sales Fall for 6th Month
Vehicle sales in Thailand fell 16.2 percent year-on-year to 79,299 units in November 2019, the sixth consecutive month of decline after more than two years of strong growth. For 2019, domestic car sales are forecast to decline 3.8 percent to 1 million vehicles, compared with last year’s 19.5 percent rise to 1.05 million, the highest level in five years. The Federation of Thai Industries expects the market to continue to weaken in the fourth quarter.
2019-12-18
Thailand Vehicle Sales Decline for 5th Month
Vehicle sales in Thailand fell 11.3 percent year-on-year to 77,121 units in October 2019, the fifth consecutive month of decline after more than two years of strong growth. Overall passenger car sales dropped 7.6 percent while pickup based vehicle sales were down 14.8 percent. Also, SUVs sales declined 10.5 percent and those of commercial vehicles other than pickup trucks were down 5.3 percent. In January-October, total vehicle sales were up by just 0.6 percent at 838,968 units. The Federation of Thai Industries expects the market to continue to weaken in the fourth quarter.
2019-11-22