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FTI eyes 1.5m auto units as domestic demand increases

Bangkok Post

January 29, 2026

Modest rise for 2026 reflects caution

- LAMONPHET APISITNIRAN

The Federation of Thai Industries (FTI) has announced a vehicle manufacturing target of 1.5 million units for 2026, a modest increase from 1.45 million units last year, driven by expectations of stronger domestic demand and growing production of battery electric vehicles (BEVs).

According to the FTI's Automotive Industry Club, the target includes 950,000 units for export and 550,000 units for the domestic market. While the export figure remains unchanged, domestic production is set to increase by 50,000 units.

Surapong Paisitpatanapong, the FTI's vice-chairman and spokesman for the club, said global economic uncertainty, tariffs and geopolitical conflicts continue to weigh on exports, prompting a cautious outlook.

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