Domestic sales volume of automobiles Thailand 2019-Q1 2022

In the first quarter of 2022, the total sales volume of automobiles in Thailand amounted to around 231.2 thousand units. In that same period, Thailand had a total vehicle production of approximately 480 thousand units. Although Thailand’s vehicle production had shown some fluctuations over the past years, it is still one of the leading motor vehicle manufacturers in the ASEAN region.

Automotive manufacturing in Thailand

The automotive industry has been continuously supported by the Thai government as it contributes greatly to the economy. The government has been promoting local automotive manufacturing to reduce the imports of auto parts and automobiles. There are various measures imposed to attract investments in automotive production, such as reducing import tax for vehicle components and increasing import tax for completely built-up vehicles. In the first quarter of 2022, the Japanese car brand Toyota held the highest market share of production vehicle in Thailand, accounting to more than 30 percent. A survey conducted in 2021 also revealed that Toyota was chosen by the majority of respondents in Thailand as a preferred car brand for new and second car purchase.