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Car exports heat up as local sales lag

Electric vehicle technology captures the attention of visitors during the 2023 Fast Auto Show Thailand & EV Expo, which photo: ended on July 9. (Photo: Wichan Charoenkiatpakul)

Automotive exports from Thailand increased by 12.2% year-on-year to 105,726 units in October, driven by growing demand for pickups, especially in the Middle East, but domestic sales remained sluggish because of high household debt.

Other markets, including Australia, Europe, North America, Central and South America also reported healthy sales last month, according to the Federation of Thai Industries (FTI)’s Automotive Industry Club.

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