In July 2025, Thailand’s car production declined by 11.39% year-on-year, totaling 110,616 units—marking the first drop in three months after a rise of nearly 12% in June. The slump was primarily due to weakened export demand amid uncertainty over U.S. tariffs, resulting in a 13.27% fall in vehicle exports compared to July of the previous year.
Despite this production dip, domestic car sales continued to grow, marking the fourth consecutive month of year-on-year gains. Sales rose 5.84%, supported notably by a striking 35% increase in electric vehicle (EV) sales. However, pickup truck sales remained sluggish due to tighter lending conditions and a generally sluggish economic environment.
The Federation of Thai Industries expects that overall car sales for 2025 may still reach 600,000 units. Thailand continues to serve as Southeast Asia’s largest automotive production hub and remains a vital export base for leading global automakers such as Toyota and Honda
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September 12, 2025
