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.