Thailand produced 114,214 vehicles in May 2026, down 17.94% year-on-year as export production fell 36.20%. Read the latest FTI automotive production report and market analysis.
Thailand produced 103,794 vehicles in April 2026, down 0.44% YoY. HEV production remained strong while ICE vehicles declined amid weak domestic demand and Middle East export risks.…
Global automakers show mixed results in 2025 as EV demand slows and hybrid vehicles drive growth. Tesla, Ford, and GM face pressure while Toyota and Hyundai gain momentum.
Toyota expects FY2026 sales to reach JPY 50 trillion, up 4.1% YoY, despite a JPY 1.45 trillion tariff impact. Strong global demand and hybrid vehicle growth support performance.
As EV adoption slows, automakers advance next-generation internal combustion engines and hybrids to support the automotive supply chain during the transition.
Denso plans to begin local production of EV inverters in India by 2026 and in Thailand by 2027, strengthening its local-for-local strategy in high-demand regions including ASEAN.
Mazda investing 5,000 Million Baht to established xEVs manufacturing and electrified B-SUV with an annual capacity of 100,000 units, targeting to drive business with Customer-Centr…
Toyota overcomes headwinds to maintain profitability, steady cost reduction activities and other efforts resulted in an operating profit of 2.4642 trillion yen for the April-Septem…
Thailand EV Board approves extended production timeframe for BEV and inclusion of Mild HEV in hybrid incentive package to support industry’s electrification.
Japanese manufacturers hold a significant market share in ASEAN, but Chinese automakers have been gaining ground in recent years. By deepening cooperation with ASEAN, Japan aims to…
Mazda is developing a new hybrid engine for its larger SUV, the CX-5, with plans to introduce it in 2025. This move is part of a broader strategy to consolidate its current models …
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