On September 3, the GST Council approved sweeping tax reforms for India’s auto sector, slashing GST on motorcycles and scooters below 350cc from 28% to 18%, effective September 22, 2025. The move covers 98% of India's two-wheeler market and has prompted major OEMs to roll out significant festive price cuts.
Hero Moto
Note: Some figures were updated on September 9.
MarkLines' preliminary figures for August 2025 (including estimates from GM, Stellantis, Tesla, and others) compiled as of September 4 show that U.S. new car sales increased 2.3% year-on-year to 1,459,369 units. The number of business days in August was 27, one day fewe
According to information on the Guangdong United Assets and Stake Exchange (GDUAEE) website dated August 18, Dongfeng Motor Corporation (DFMC) plans to sell a 50% stake in Dongfeng Honda Engine Co., Ltd. (DHEC). Currently under pre-listing, the project, for which the transfer reserve price is yet to be determined, wi
On August 6, Honda Motor Co., Ltd. announced that its consolidated sales revenue for the first quarter (Q1: April 1, 2025 through June 30, 2025) of the fiscal year ending March 31, 2026 (FY2025) decreased by 1.2% year-on-year to JPY 5.3 trillion.
Operating profit decreased 49.6% year-on-year to JPY 244.2 billion. Alt
Honda's FY2025 first quarter financial results were announced.
Revenue decreased 1.2% YoY to JPY 5,340.3 billion. It was a JPY 64.6 billion decrease over the previous year's JPY 5,404.9 billion.
Operating income fell 49.6% YoY to JPY 244.2 billion. This was a decrease of JPY 240.5 billion from the JPY 484.7 billion
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
Note: Some figures were updated on August 15.
The number of new vehicles sold in the U.S. in July 2025 (preliminary figures including estimates for GM/Stellantis/Tesla, etc.), aggregated by MarkLines as of August 4, was 1,371,830 units, up 7.5% y/y. The number of sales days in July was 26, one day more than in the sa
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%
On July 3, Environment Minister Benoit Charette said the Quebec government is broadening its definition of zero-emission vehicles to include hybrids, dramatically softening the compliance requirements for OEMs under the province’s ZEV mandate and benefitting models such as the Ford Maverick Hybrid XLT, Toyota RAV4 an
On June 24, Jaehong Park, CEO of LG Energy Vertech Inc. noted the completion of the company’s expansion of its Holland, Michigan facility earlier in June and announced that it will begin producing batteries for energy storage systems (ESS) by August.
The plant, operational since 2012, produces automotive vehicle bat
On June 4, Bridgestone Americas introduced the Turanza EverDrive, a new all-season touring tire built for sedans, CUVs, and minivans. Backed by an 80,000-mile limited warranty, the longest in Bridgestone’s lineup, the EverDrive is designed for long-lasting performance, comfort, and confident handling in wet, dry, and
QNX, a division of BlackBerry Limited, launched the QNX Hypervisor 8.0, an embedded virtualization solution that aims to streamline and accelerate embedded software development.
QNX Hypervisor 8.0 is built on the latest foundational QNX Software Development Platform (SDP) 8.0, leveraging all the valuable functionali
On May 20, Honda Motor Co., Ltd. held its "2025 Honda Business Briefing" and presented its motorcycle strategy. For the FY ended March 31, 2025, motorcycle sales reached 20.6 million units, which accounted for nearly 40% of the global motorcycle market, setting a record in 37 countries and territories.
Honda projects
On May 13, Honda Motor Co., Ltd. announced its financial results for FY2024 (April 1, 2024 through March 31, 2025).
Sales revenue increased 6.2% year-on-year (y/y) to JPY 21.6888 trillion, operating profit decreased 12.2% to JPY 1.2135 trillion and profit for the year attributable to owners of the parent dropped 24.5
Honda's FY2024 full-year financial results were announced.
Revenue increased 6.2% YoY to JPY 21,688.8 billion. This was a JPY 1,260.0 billion increase over the previous year's JPY 20,428.8 billion.
Operating income fell 12.2% YoY to JPY 1,213.5 billion. This was a decrease of JPY 168.5 billion from the JPY 1,382.0
On April 9, California-based Luminary Cloud, the leading scalable engineering simulation platform, announced its SHIFT Models suite of foundation models. The initial SHIFT-SUV model is the world's first Physics AI foundation model and dataset designed for automotive SUV aerodynamic analysis.
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