Thai vehicle sales rebound by 54% in January

Thailand’s new vehicle market rebounded by almost 54% to 73,936 units in January 2026 from weak year-earlier sales of 48,092 units, according to the latest data released by the Federation of Thai Industries (FTI). January was the tenth consecutive month of growth for the country’s vehicle market, following two years of sharp declines as the country’s highly indebted consumers and small businesses struggled to access financing after banks tightened lending rules. Economic growth in the country accelerated ...