eased 1.1% in April compared to the same month in 2024. Tata sales of 70,963 units decreased 7.1% from last year. Mahindra sales of 74,123 units increased 19.5% from last year. Hyundai sales of 44,374 units decreased 11.6% from last year. Toyota sales of 24,833 units increased 32.8% from last year. Honda sales of 3,360 units decreased 22.8% from last year. Kia sales of 23,623 units increased 18.3% from last year....

News  Updated at: 2025/05/16

Honda sorts out North American production of CR-V On May 15, Honda Motor Co. announced, as clarification of an earlier statement, that there will be no decrease in volume and no jobs lost when it moves some CR-V production from its plant in Alliston, Ontario, to one in East Liberty, Ohio. Honda said on May 13 that it will shift only the production of CR-Vs destined for the U.S. market, promising that “there are no plans to decrease overall [Hon...

News  Updated at: 2025/05/16

ain unchanged from the last study one year ago.   Some of the key findings include: •    EV customers are active in cross-shopping, with those who are “very likely” to consider an EV cross-shop an average of 2.9 brands, and those who are “somewhat likely” shop an average of 2.8 brands. Honda, Ford, BMW, and Cadillac are among brands cross-shopped for the Tesla Model Y.•    Purchase price and cost of ownership concerns have declin...

News  Updated at: 2025/05/16

r (y/y) and achieving growth y/y for 3 consecutive months. Year-to-date (YTD) sales volume totaled 530,200 units, up 7.7% y/y. Stimulated by China’s automobile trade-in policies, Toyota’s sales volumes of hybrid vehicles and battery electric vehicles such as the bZ3X both increased. On May 12, Honda announced that its April sales volume was 43,689 units, down 40.8% y/y. YTD sales volume totaled 201,576 units, down 28.2% y/y. Honda, with a hi...

News  Updated at: 2025/05/15

Nissan considering collaboration in North America with Mitsubishi Motors and Honda In an interview by the Nikkan Jidosha Shimbun and other media held on May 13, Mr. Ivan Espinosa, president of Nissan Motor Co., Ltd. (Nissan), stated that the company has been considering collaboration in North America with Mitsubishi Motors Corporation (Mitsubishi Motors) and Honda Motor Co., Ltd. (Honda), with which merger talks ended without reaching an agreemen...

News  Updated at: 2025/05/15

Asahi Kasei to begin separator production at JV plant with Honda in FY2027 as scheduled On May 13, in response to Honda Motor Co., Ltd. (Honda)’s announcement about the decision to postpone an electric vehicle (EV) production project in Canada for two years, Asahi Kasei Corporation (Asahi Kasei)’s public relations department commented about a new plant that the two companies will jointly establish to manufacture separators for lithium-ion bat...

News  Updated at: 2025/05/15

ng Motor Corporation; 3,219 units for Changan Auto; 1,958 units for FAW Hongqi; 1,463 units for GAC Aion; 1,241 units for Changan Mazda; 1,231 units for Seres Hubei; 1,125 units for smart; 714 units for Jiangsu Yueda Kia; 482 units for JAC Group; 343 units for BMW Brilliance; 304 units for Dongfeng Honda; 298 units for JMC Group; and 259 units for FAW Bestune. For emerging NEV makers, retail shares totaled 19.4% in April, up 3.6 percentage points...

News  Updated at: 2025/05/14

New Honda Civic RS e:HEV launched in Indonesia Announced on May 8, 2025, PT Honda Prospect Motor has officially launched the new Honda Civic RS e:HEV in Indonesia, priced at IDR 699 million (Jakarta OTR price for first ownership in 2025). The Civic RS e:HEV features a hybrid system that combines a 2.0L Atkinson-cycle petrol engine with a powerful electric motor with a maximum torque of 315 Nm, delivering a total output of 203 PS. This setup ensur...

News  Updated at: 2025/05/14

ministration, was directed toward tooling at the plant. The plant was intended for low-volume production, though GM declined to specify how it would use the fuel cells, with it seen likely they would be for nonautomotive applications before going into trucks.  GM currently has a joint venture with Honda producing fuel cell systems at a 70,000-square-foot plant in Brownstown Township.  (multiple sources on May 13, 2025)...

News  Updated at: 2025/05/14

Honda Canada postpones CAD15 billion EV investment project in Ontario On May 13, it was reported that Honda Canada will postpone a CAD15 billion electric vehicle (EV) investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility. Honda Canada spokesman Ken Chiu said that due to the recent slowdown in the EV market, Honda has announced an approximate two-year postponement of the comprehensive value cha...

News  Updated at: 2025/05/14

Honda operating profit down 12.2% to JPY1.2135 trillion for FY2024 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% to JPY 835.8 billion, and operating profit margin was 5.6%. Mot...

News  Updated at: 2025/05/13

es Data Center figures, Toyota (excluding Lexus) was up 24.2% y/y to 5,566 units with a 18.8% market share. Ford was up 30.9% to 3,997 units with a 13.5% market share. Thaco Mazda was up 27.3% to 2,736 units with a 9.2% market share. Thaco Truck was up 46.3% to 2,150 units with a 7.3% market share. Honda was up 18.9% to 2,142 units with a 7.2% market share. Thaco Kia was down 19.1% to 2,055 units with a 6.9% market share. Mitsubishi was down 18.7...

News  Updated at: 2025/05/13

Flash Report: Honda's operating income for the full 2024 fiscal year decreased by 12.2% to JPY 1,213.5 billion 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 billion in the previous...

News  Updated at: 2025/05/13

BYD ranks 8th in Brazil’s auto market in April On May 7, it was reported that BYD ranked 8th in Brazil’s auto market in April, with 8,485 vehicles registered, surpassing Honda and Nissan. Despite losing some market share (dropping from 4.38% in March to 4.31% in April), the brand maintained its upward trend, repeating its December 2024 position. However, concerns have arisen about BYD’s long-term production plans in Brazil. According to the...

News  Updated at: 2025/05/13

Honda Vietnam announces sales of cars and motorbikes in April 2025 On May 12, 2025, Honda Vietnam Company (HVN) announced retail sales of motorbikes and automobiles in April 2025.  In April 2025, sales of motorcycles reached 170,986 units, up 6.9% YoY. Meanwhile, HVN’s car sales reached 2,142 units, up 18.9% YoY. (From Honda Vietnam press release on May 12, 2025)...

News  Updated at: 2025/05/13

9.1% decrease compared to the 358,597 units built in the same month of 2024, according to the National Institute of Statistics and Geography (INEGI). OEMs with production increases in April included Ford with an increase of 0.3% to 38,505 units; Toyota with an increase of 27.0% to 27,256 units and Honda with an increase of 11.3% to 18,654 units. OEMs whose production declined in April compared to the previous year are Chrysler with a decrease of...

News  Updated at: 2025/05/10

to 19,130 units; Mercedes Benz with a 43.9% decrease to 4,292 units; Chrysler with a 36.9% decrease to 16,413 units; Audi with a 33.7% decrease to 8,567 units; BMW Group with a 32.6% decrease to 5,496 units; Nissan with a 16.5% decrease to 25,305 units; Kia with a 8.6% decrease to 15,821 units and Honda with a 0.8% decrease to 15,302 units. Among 2025 export destinations accumulated until April, Mexican exports were down 6.6% from the same perio...

News  Updated at: 2025/05/10

igh-precision thermal control systems and corrosion-resistant screws, ensuring consistent product quality. The new León facility will produce precision plastic-molded parts for electric and hybrid vehicles, mainly targeting the U.S. and Canadian markets. Key clients include Panasonic in Mexico and Honda, in U.S. and Canada. The operation will incorporate Japanese technology transfer and advanced automation, reinforcing Guanajuato’s role as a h...

News  Updated at: 2025/05/10

CS to provide customers access to Tesla Superchargers across Japan. Mazda BEVs will be compatible with other charging standards besides NACS with the use of adapters. Mazda had already announced that it would adopt NACS for its electric vehicles in North America, following other OEMs. In 2024, Sony Honda Mobility’s AFEELA EV brand also announced plans to deploy its EVs in Japan with the NACS connector as standard. (Mazda release and other sourc...

News  Updated at: 2025/05/10

icies and procurement needs. BMW and Changan will also showcase advanced production technologies and innovations in the EV sector. Other highlights include the “BOI SYMPOSIUM 2025: Shaping the Future of xEV in Thailand” and a panel discussion featuring senior executives from Mercedes-Benz, BMW, Honda, Toyota, MG, and Changan, focusing on xEV industry development and supply chain integration. (From Thailand BOI release and SUBCON Thailand soci...

News  Updated at: 2025/05/09