Thailand saw a 1 percent rise in domestic automobile sales in April compared to the previous year, marking the first such increase in 23 months, as reported by the Federation of Thai Industries (FTI).
A minor recovery was observed despite ongoing decreases in both automotive manufacturing and shipments.
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Attendees examine Hyundai IONIQ 5 N vehicles showcased at the 46th Bangkok International Motor Show 2025 in Nonthaburi province just outside Bangkok, Thailand, on March 28, 2025. Image courtesy of AFP. |
In April, automobile production decreased by 0.4% compared to the previous year, totaling 104,250 units, according to the FTI. This decline came after a 6.1% decrease in March and marked the 21st consecutive month of reduced production.
In the meantime, car exports decreased by 6.3% compared to the corresponding period of the previous year, which represents a less steep decline than the 14.9% reduction recorded in the prior month.
Thailand serves as Southeast Asia’s largest hub for automobile manufacturing and acts as an exporting center for leading global automakers such as Toyota, Honda, and China’s BYD.