In September 2024, Thailand's total vehicle production reached 122,277 units, representing a 25.48% decrease compared to September 2023. The decline affected both export production and domestic sales, though production increased by 2.17% compared to the previous month.

October 24, 2024 - Mr. Suparat Sirisuwanangkura, Honorary Chairman of the Automotive Industry Club, Federation of Thai Industries (FTI), and Mr. Surapong Paisitpatanapong, Vice-Chairman and the spokesman for the Automotive Industry Group, the Federation of Thai Industries (FTI), in the press conference, revealed the following vehicle production figures for September 2024:

Total car production

The total number of vehicles produced in September 2024 amounted to 122,277 units, a 25.48% decrease from September 2023. Production for export dropped by 15.78%, while production for domestic sales plummeted by 42.31%.

From January to September 2024, the total vehicle production amounted to 1,128,026 units, a decrease of 18.61% compared to the same period in 2023.

Total production of 122,277 vehicles in September 2024, composed of:

- Passenger cars: 50,685 units, 12.80% decrease (YoY) 

• Internal Combustion Engine (ICE): 34,205 units, down 21.43% 
• Battery Electric Vehicle (BEV): 1,481 units, an increase of 148,000% 
• Plug-in Hybrid Electric Vehicle (PHEV): 554 units, showing a 21.76% increase
• Hybrid Electric Vehicle (HEV): 14,445 units, marking a 2.21% increase (YoY)

- Buses under 10 tons and over 10 tons were not produced in September 2024. From January to September 2024, a total of 10 units were produced, a decrease of 89.80% compared to last year.
- Trucks: 71,592 units, down 32.44% (YoY)
- 1 Ton Pickup trucks: 70,646 units, down 30.86% (YoY)
- Pickup trucks less than 5 tons – over 10 tons: 946 units, declined 74.99% (YoY)

Car production for export

In September 2024, the car production for export totaled 87,666 units, representing 71.69% of the total production, a decrease of 15.78% (YoY)

- Passenger cars produced for export totaled 28,241 units, an increase of 4.85% (YoY)
- One-ton pickup truck for export at 59,425 units, down 22.99% (YoY)

Car production for domestic use

In September 2024, there were 34,611 units produced for domestic use, representing 28.31% of the whole production, as well as a decrease of 42.31% (YoY)

- The production of passenger cars for domestic sales was 22,444 units, a decrease of 28.05% (YoY)
- One-ton pickup truck at 11,221 units, 55.15% decrease (YoY)

Read more: Car production in August 2024