Thailand Auto Finance Market is expected to generate more than THB 1.7 Trillion credit disbursed in 2026F driven by Growth in Online Retail and Logistics: Ken Research Thailand’s Auto Finance Market is in the maturity stage, driven by road infrastructure development, economic growth in the country, and a dramatic increase in trading partners and export earnings. Major entities in the market are Banks and Captives that are 90-100 years old offering variety of financing services. Thailand’s market uses the traditional way of… Read More »
Thailand auto finance market is expected to grow in the upcoming years driven by the increasing purchasing power of the consumers and EV adoption: Ken Research 1. Thailand’s auto finance market witnessed a decline in growth rate over the period of time with more than THB 1 Trillion credit disbursed in 2021 Due to the COVID-19 pandemic, vehicle loans have been disrupted for a number of reasons, including a decrease in the quantity of chips required for mass-produced automobiles. During the epidemic… Read More »
Increased usage of online platforms and technologies in auto financing are some of the key trends in Thailand’s Auto Finance Market: Ken Research Government investment and growth in online retail and logistics created a greater demand for commercial vehicles in the country, where the Auto finance market of Thailand has seen some major growth in the share of commercial vehicles post covid-19. Decline in Growth Rate: Since people purchasing power decreased due to the epidemic, there has been… Read More »
