Thailand automotive industry was the largest in Southeast Asia


As of 2017, the Thailand automotive industry was the largest in Southeast Asia and the 12th largest in the world.The Thailand industry has an annual output of near two million vehicles (passenger cars and pickup trucks), more than countries such as Belgium, the United Kingdom, Italy, Czech Republic, and Turkey.

Most of the vehicles built in Thailand are developed and licensed by foreign producers, mainly Japanese and American but with several other brands as well for CKD production, notably BMW and Mercedes. The Thai car industry takes advantage of the ASEAN Free Trade Area (AFTA) to find a market for many of its products. Thailand is one of the world's biggest markets for pickup truckswith over 50 percent market share for one-ton trucks.

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BANGKOK -- Thailand produced more than 2 million automobiles last year, surpassing that mark for the first time since 2013 thanks to a rebound in domestic demand.

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Thailand offers great investment potential as a leading automotive production base in the Association of Southeast Asian Nations (ASEAN) – a fast developing region for automotive manufacturing. Over a period of 50 years, the country has developed from an assembler of auto components into a top automotive manufacturing and export hub.

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