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Thai pickup sales fall 7.11% as FTI seeks easier credit

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Thai pickup sales fall 7.11% as FTI seeks easier credit

The Federation of Thai Industries (FTI) is calling for easier access to pickup truck loans to support Thailand’s automotive supply chain, as pickup sales continued to fall in September despite surging electric vehicle demand lifting the overall domes

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Summary

FTI figures showed domestic pickup sales fell 7.11% year on year to 10,315 units in September 2026. Overall vehicle sales rose 14.28% to 55,255 units, although that total was 7.61% below August.

The FTI attributed weak pickup demand to tighter lending criteria, sluggish economic growth, subdued purchasing power and high household debt. The federation urged the government to encourage financial institutions to relax lending conditions, with the aim of preserving production, employment and the wider automotive supply chain.

Read full article at Nation Thailand →