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Thailand’s CV sales continue to fall in Q1 2025

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By Will Pulson - 9th July 2025

Thailand - The Thai commercial vehicle market over 2 tons gvw continued to decline in the first quarter of 2025, by almost 12% year-on-year to 48,114 units from an already weak 54,548 units in the same period last year, according to data from industry sources and some estimates.

Economic growth in the country slowed slightly to 3.1% year-on-year in the first quarter after growing by 3.3% in the fourth quarter of 2024, according to preliminary data released by the National Economic and Social Development Council (NESDC), reflecting mainly a slowdown in domestic economic growth, while exports improved slightly.

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