THAILANDSICThailand Standard Industrial Classification

TSIC Activity

29102

Manufacture of passenger cars

ผลิตและจำหน่ายรถยนต์ ยานพาหนะพลังงานใหม่ พลังงานทดแทน เช่น พลังงานแสงอาทิตย์

What this activity covers

This activity involves the production and assembly of personal vehicles, including electric models.

  • Passenger vehicles — Production and assembly of cars and pickups
  • Electric vehicles — Manufacturing of electric cars and related models
  • Automotive parts — Production of components and equipment for vehicles
  • Vehicle assembly — Assembling various types of vehicles
  • Vehicle trading — Selling and exporting personal vehicles

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Motorcycle manufacturing — Production of motorcycles alongside cars
  • Bicycle manufacturing — Manufacturing bicycles in addition to vehicles
  • Vehicle repair — Repairing vehicles and parts

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

136
active companies operate here
฿65.7Bregistered capital, combined
฿1077.3B
Sector revenue · 2025
-31% since 2023
฿50.8B
Net profit · 2025
44 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
25%of new registered capital is foreign-held
฿4.1M foreign฿12.0M Thai

Foreigners are strongly represented in new investment under this activity.

3 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

10+42.9%

registrations, YTD

Registered capital

฿65.7B-8.3%

since year-end

Largest by registered capital

  1. 1Auto Alliance (Thailand) Co., Ltd.intlRayong฿8.4B
  2. 2Toyota Motor Thailand Co., Ltd.Samut Prakan฿7.5B
  3. 3SAIC Motor - CP Co., Ltd.Bangkok฿7.3B

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

62
Registered
since 2022
59
Still active
3
Dissolved
฿2.0M
Median capital
of active

New registrations per year

2022peak 20 in 20222026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Setting up in Thailand?

Emerhub incorporates companies in Thailand for foreign founders: entity setup, licensing, visas and work permits, accounting. Flat process, no surprises.

Talk to Emerhub Thailand