Car exports decline 12% - News Summed Up

Car exports decline 12%


Listen to this articleThailand's car exports dropped 12% year-on-year between January and November to 78,692 units, as internal combustion engine (ICE) vehicles lost ground in overseas markets amid growing competition, according to the Federation of Thai Industries (FTI). He noted China's surge in BEV exports has outpaced Thailand's, which still relies heavily on ICE shipments. Domestically, car sales rose 5.2% year-on-year to 546,045 units in the first 11 months, with November sales jumping 20.6% to 51,044 units. The club is maintaining its 2025 production target of 1.45 million units, including 950,000 for export and 500,000 for the domestic market. Thailand's car production in November climbed 11% year-on-year to 130,222 units, driven by increased BEV manufacturing under government incentive schemes.


Source: Bangkok Post December 23, 2025 00:21 UTC



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