Thailand’s automotive industry is bracing for a potential setback in 2026, with car production expected to miss its target for the first time in five years if the war in the Middle East drags on beyond three months and shipping routes through the Strait of Hormuz remain disrupted, says the Federation of Thai Industries (FTI).
Earlier this year, the FTI’s Automotive Industry Club set a target of 1.5 million vehicles for 2026, including 950,000 units for export and 550,000 for domestic sales.