Nexperia was created in 2017 when NXP sold its Standard Products division to two Chinese investor Groups, JAC Capital and Wise Road Capital, for $2.75 billion. Towards the end of 2019, a Chinese electronics and computer equipment producer called Wingtech Technology acquired a controlling stake in Nexperia for $3.6 bi

The Busworld Europe Exhibition in Brussels was a clear demonstration of how the future of bus and coach transport is no longer just approaching; it is already taking shape. From established industry leaders such as IVECO Bus, Daimler Buses, and Irizar to fast-rising innovators like Zhongtong, every OEM on the floor s

As traditional OEMs reduce their reliance on outsourcing, Chinese automakers are stepping in.
The IAA Mobility Show in Munich highlighted a clear shift in the European auto industry; contract manufacturing, used primarily for overflow from European OEMs, is now being redefined as Chinese brands seek to establish a lo

The IAA Mobility 2025 in Munich kept me more than busy and entertained for the three days I attended last week. I spent ample time visiting the public stands that were integrated into the city center, as well as a whole day in the more traditional exhibition setting of the Messe München. One welcome surprise is that

Hyundai’s journey in the Indonesian market resembles a K-Drama script, rich with elements that have made these narratives from the automaker’s home country resonate with audiences around the globe.
Much like a classic K-Drama, Hyundai’s story features a struggling protagonist, a sudden rise, unexpected twists, and cl

Over the last few years, Battery Electric Vehicles (BEVs) have been the focal point of the electrification trend, while Plug-in Hybrids (PHEVs) and Extended Range Electric Vehicles (EREVs) have also recently gained traction. However, across the Asia-Pacific region (excluding China), Full Hybrid Electric Vehicles (FHE

Truck industry observers have long speculated about the first takeover of a European OEM by an Asian Group—with IVECO, following the spin-off from CNH Industrial in 2022, very much in the focus of the speculation.
The historic moment arrived with the announcement of Tata Motors’ €3.8 billion ($4.4 billion) all cash v

News that Stellantis lost $2.7 billion (€2.3 billion) in the first six months of 2025 drew headlines recently, with a good deal of the media coverage focusing on the impact of the US administration’s tariffs. While this is certainly an important factor, Stellantis’s problems run deeper than US import taxes.
Looking a

On July 15, 2025, the long wait ended for Tesla enthusiasts in India as the company officially opened its first showroom in Mumbai and began accepting orders for the Model Y. A second showroom is also set to open soon in Delhi, along with Superchargers in both cities.
Back in 2021, Tesla established a subsidiary name

The simultaneous rise of SUVs and decline of Hatchbacks indicates that consumers are increasingly favoring vehicles that provide more space and versatility.
According to GlobalData’s bodystyle analysis, SUVs are estimated to account for 58% of Passenger Vehicles (PVs) in Western Europe by the end of 2025, up from 37%

As we approach the midpoint of 2025, the momentum of Chinese brands has gathered more pace as they carve out their niche in the European market. 
With the introduction of the “make origin” fields in GlobalData’s Light Vehicle Sales Forecasts, we now have clearer visibility into the growth trajectory of these brands t

Thailand’s position in the ASEAN automotive landscape is facing increasing pressure as regional dynamics shift. The country experienced a staggering 26% YoY decline in Light Vehicle (LV) sales in 2024, and the outlook for 2025 remains bleak, with a further contraction of 7% YoY experienced in Q1 compared to an alread

It is anticipated that the next-generation Hyundai hybrid system will enhance performance and fuel efficiency across various segments
As Hyundai Group navigates the slowdown in global Electric Vehicle (EV) demand, the company has started to refocus its efforts on its existing xEV technology — the hybrid vehicle — to

The 2025 Commercial Vehicle Show reaffirmed its status as the UK's premier event for the road transport industry.
The 2025 Commercial Vehicle Show, held at Birmingham’s NEC from April 29 to May 1, reaffirmed its status as the UK’s premier event for the road transport industry. This year’s show spotlighted the sector’

Auto Shanghai 2025, one of the major global automotive events on the calendar, is taking place from 23 April – 2 May 2025 and GlobalData are there to cut through the noise to bring you the real insight behind the biggest announcements.
John Zeng (Director of Asian Forecasting) and Lancy Zhang (Powertrain Market Analy

Huawei isn’t just a supplier—it’s rewriting the rules of how cars are made in China.
Auto Shanghai 2025, one of the major global automotive events on the calendar, is taking place from 23 April – 2 May 2025 and GlobalData are there to cut through the noise to bring you the real insight behind the biggest announcement

The European automotive market in 2025 is not in freefall but is clearly stagnating
For decades, Europe’s automotive sector was built on strong export markets, with Russia, China, and the US playing an outsized role in driving sales volumes and profitability. While domestic demand remains important to European OEMs,

This year's exhibition emphasised the industry’s continued drive towards a cleaner, smarter, and more connected future.
BAUMA 2025 is expected to have drawn over 600,000 visitors from over 200 countries. The event featured more than 3,600 exhibitors from 57 countries, showcasing innovations across 614,000 square mete

Under the current tariff implementation, significant risk would be also added to GlobalData's North American LV production forecast
GlobalData has carried out detailed analysis on the likely impact of tariffs on automotive imports to the US, including both finished Light Vehicles (LVs) and automotive parts.
The follo

Whether lithium-ion, solid-state, or sodium-ion, all types of current and future battery cells will produce heat when charged or discharged. There is the potential that solid-state cells might be so thermally robust and efficient that high performance cooling may not be required, but we are still yet to see this tech