We have revised up our forecast for new vehicle sales in Thailand to growth of 15.2% in 2018, up from our previous forecast of an 11.1% expansion. We continue to expect rising household spending, rising private sector investment, low interest rates, replacement demand following the expiry of the five-year lock-up period for vehicles bought under the first-time car buyer scheme and ongoing infrastructure development will drive growth in auto sales in the country over the remainder of 2018.

Key View

SWOT

Autos SWOT

Industry Forecast

Industry Forecast Scenario

Passenger Vehicles

Commercial Vehicles

Motorcycles

Industry Risk/Reward Index

Asia Autos Sales Risk/Reward Index

Asia Autos Production Risk/Reward Index

Thailand Autos Sales Risk/Reward Index

Thailand Autos Production Risk/Reward Index

Company Profile

Honda Motor

Ford Motor

Regional Overview

Asia Autos Overview

Thailand Demographic Outlook

Autos Methodology