In November 2024, Thailand produced a total of 117,251 cars, a decrease of 28.23% from the 163,337 units produced in November 2023. The decline was driven by a 20.67% decrease in exports and a substantial 40.42% decrease in domestic sales.

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

Total car production

The total number of vehicles produced in November 2024 was 117,251 units, a decrease of 28.23% from November 2023 and a decrease of 1.34% from October 2024.

From January to October 2024, the total vehicle production amounted to 1,364,119 units, a decrease of 20.14% compared to the same period in 2023.

Total production of 117,251 vehicles in November 2024, composed of:

- Passenger cars: 45,491 units, 24.68% decrease (YoY) 

• Internal Combustion Engine (ICE): 28,867 units, down 32.04% 
• Battery Electric Vehicle (BEV): 464 units, an increase of 46,400% 
• Plug-in Hybrid Electric Vehicle (PHEV): 386 units, showing a 48.53% decrease
• Hybrid Electric Vehicle (HEV): 15,765 units, marking a 8.11% decrease 

- Buses under 10 tons and over 10 tons were not produced in November 2024. From January to October 2024, a total of 10 units were produced, a decrease of 91.38% compared to last year.
- Trucks: 71,760 units, down 30.30% (YoY)
- 1 Ton Pickup trucks: 70,823 units, down 28.65% (YoY)
- Pickup trucks less than 5 tons – over 10 tons: 937 units, declined 74.67% (YoY)

Car production for export

In November 2024, the car production for export totaled 80,022 units, representing 68.25% of the total production, a decrease of  20.67% (YoY)

- Passenger cars produced for export totaled 23,925 units, a decrease of 21.13% (YoY)
- One-ton pickup truck for export at 56,097 units, down 20.87% (YoY)

Car production for domestic use

In November 2024, there were 37229 units produced for domestic use, representing 31.75% of the whole production, as well as a decrease of 40.42% (YoY)

- The production of passenger cars for domestic sales was 21,556 units, a decrease of 28.26% (YoY)
- One-ton pickup truck at 14,726 units, 48.72% decrease (YoY)
- Buses under 10 tons and over 10 tons were not produced in November 2024. 
-  Pickup trucks at 937 units, declined 74.67% (YoY)

Read more: Thailand's Car Production Down 25% in October