EU passenger car sales down 0.3% in April 2025 On May 27, the European Automobile Manufacturers Association (ACEA) announced new passenger car registrations for April 2025. Passenger car sales in the European Union (EU), European Free Trade Association (EFTA), and the United Kingdom (UK) decreased 0.3% year-on-year to 1,077,186 units in April, while year-to-date sales decreased 0.4% to 4,459,087 units.   April sales in the EU increased 1.3% to ...

News  Updated at: 2025/05/28

GM to halt exports of U.S.-made cars to China On May 17, General Motors informed employees and dealers for its Durant Guild import business in China that it would stop shipping vehicles to the Asian country from the U.S.  "Due to significant changes to economic conditions, we have decided to restructure The Durant Guild and correspondingly optimize GM China’s operations," the spokesperson said in a statement. The move comes as the U.S. and Chi...

News  Updated at: 2025/05/21

China Passenger Car Association analysis of production and sales volumes for April 2025 The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for April 2025. China passenger car production and sales volumes in April 2025 Retail April retail sales volumes of passenger cars totaled 1.755 million units, reflecting a year-over-year (y/y) increase ...

News  Updated at: 2025/05/14

Denso to sell most of its Renesas shares Denso Corporation (Denso) announced that it will sell a portion of its investment securities holdings of Renesas Electronics Corporation (Renesas). It will sell 73.9 million shares, which is equivalent to 4.1% of the issued shares excluding treasury shares, and post JPY 105.8 billion in gains on the sale of the investment securities under extraordinary gains in the non-consolidated results for the fiscal y...

News  Updated at: 2025/05/14

Australian new vehicle sales decrease 6.8% in April On May 5, the Federal Chamber of Automotive Industries announced that new vehicle registrations of 90,614 units in April 2025 represented a decrease of 6.8% over the last April. New vehicle sales of 381,017 units in the first four months of the year represented a 5.1% decrease YoY. Passenger car sales of 12,573 units in April represented a 27.4% decrease from the same period in 2024, SUV sales o...

News  Updated at: 2025/05/07

New vehicle sales by 5 major OEMs in South Korea increased 8.1% in April Five Korean automakers announced domestic new vehicle sales in April. New vehicle sales in South Korea increased by 8.1% compared to the same month last year to 128,639 units. Hyundai Motor and Kia reported higher sales both domestically and overseas, while GM Korea, Renault Korea, and KGM experienced declines. By company, Hyundai Motor led the market with 67,510 units sold ...

News  Updated at: 2025/05/07

PEVS 2025: Wuling unveils EV Van in Indonesia; Local assembly and Q3 launch planned Announced on April 29, 2025, Wuling Motors unveiled the Wuling EV Van for the first time in Indonesia at the Periklindo Electric Vehicle Show (PEVS) 2025 in Jakarta. Pre-bookings are now open. In Indonesia, the Wuling EV van will be offered in Minibus and Blind Van variants and will be locally manufactured in Cikarang, West Java. Its official launch in Indonesia i...

News  Updated at: 2025/05/02

EU passenger car sales up 2.8% in March 2025 On April 24, the European Automobile Manufacturers Association (ACEA) announced new passenger car registrations for March 2025. Passenger car sales in the European Union (EU), European Free Trade Association (EFTA), and the United Kingdom (UK) increased 2.8% year-on-year to 1,422,628 units in March, while year-to-date sales decreased 0.4% to 3,382,057 units.   March sales in the EU decreased 0.2% to ...

News  Updated at: 2025/04/25

Brazilian vehicle sales increase 4.2% to 195,536 units in March 2025 (ANFAVEA) The Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle sales (including trucks and buses) increased 4.2% YOY to 195,536 units in March 2025. Of the newly registered vehicles, locally manufactured vehicles rose 0.5% yoy to 157,909 units, while imported vehicles jumped 22.9% yoy to 37,627 units. Vehicle sales in March con...

News  Updated at: 2025/04/09

Japan’s February 2025 automobile export marks y/y increase for second consecutive month The Japan Automobile Manufacturers Association announced that Japanese automakers’ export volume in February totaled 360,794 units, a year-over-year (y/y) increase of 3.0% for the second month in a row. Exports to regions such as the Middle East were robust. Exports to the U.S., the largest destination, increased by only 0.1% y/y to 121,876 units. In Febru...

News  Updated at: 2025/04/01

Global EV sales up 56.9％ to 1.04 million units in February On March 25, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in February increased 56.9% YoY to 1.04 million units. In the two months of 2025, total EV sales increased 36.9% YoY to 2.11 million units. EVs accounted for 22.7% of total sales in February, up 0.1% point from the previous month. In February, China leads the EV sales with 718 thousand unit...

News  Updated at: 2025/03/26

Malaysian new car sales decrease by 1.7%, and production decreases by 7.4% in February Malaysian Automotive Association (MAA) announced that new car sales of 63,906 units in February decreased by 1.7% over the same month in 2024. PV (passenger vehicles) sales increased 0.1% to 60,189 units. CV (commercial vehicles) sales decreased 23.7% to 3,717 units. New car sales for the two months of 2025 decreased 14.3% from the same period in 2024 to 113,05...

News  Updated at: 2025/03/21

Indian passenger vehicle sales increase by 3.7% in February 2025 Indian passenger vehicle sales in February 2025 were up 3.7% y/y to 331,254 units. Based on the release of carmakers, the available sales results of PVs and CVs are as follows: Maruti Suzuki sales of 163,501 units increased 0.1% in February compared to the same month in 2024. Tata sales of 77,232 units decreased 9.0% from last year. Mahindra sales of 72,865 units increased 13.7% fro...

News  Updated at: 2025/03/14

BMW planning to grow 6% in Chilean market in 2025 On February 24, BMW reaffirmed its commitment to the Latin American market, particularly in Chile, where it aims to grow by 6% in 2025. Despite a challenging 2024 for the Chilean automotive industry, BMW maintained its leadership in the premium segment, selling over 2,700 units, achieving a 0.9% market share, and increasing sales by 4% compared to 2023. MINI, also part of BMW Group, sold over 300 ...

News  Updated at: 2025/03/13

China’s February vehicle production, sales volumes increase 39.6% y/y, 34.4% y/y, respectively On March 11, the China Association of Automobile Manufacturers (CAAM) announced China’s vehicle production and sales results for February 2025. According to the CAAM, in February, corporate production and operating activities accelerated after the Spring Festival. Automakers scrambled to launch new models and price-off promotions, injecting much vit...

News  Updated at: 2025/03/12

Reliance New Energy Battery Storage, India seeks more time for PLI milestone On March 4, Reliance Industries Limited announced that its step-down, wholly owned subsidiary, Reliance New Energy Battery Storage Limited (RNEBSL), has requested an extension of time to achieve Milestone 1 under the performance-linked incentive (PLI) scheme for advanced chemistry cell (ACC) manufacturing. RNEBSL received a letter from the Ministry of Heavy Industries (M...

News  Updated at: 2025/03/05

China’s January vehicle production, sales volumes up 1.7% y/y, down 0.6% y/y, respectively On February 17, the China Association of Automobile Manufacturers (CAAM) announced China’s vehicle production and sales results for January 2025. According to the CAAM, despite fewer weekdays, China’s January 2025 vehicle production and sales volumes edged up year-over-year (y/y) and edged down y/y, respectively, due to bullish factors such as trade-i...

News  Updated at: 2025/02/19

U.S. Federal Reserve reports 5.2% drop in auto, parts manufacturing in January On February 14, the U.S. Federal Reserve released its Industrial Production and Capacity Utilization report for January 2025 showing that: Industrial production (IP) increased 0.5% in January, primarily reflecting gains of 0.2% in the output of aircraft and aircraft parts. As a large component of IP, manufacturing output declined 0.1% in January, held down by a 5.2% d...

News  Updated at: 2025/02/19

Italian passenger car sales down 5.9% in January 2025 On February 3, the Italian automobile manufacturers association (ANFIA) announced that passenger car registrations of 133,692 units in January decreased 5.9% over the same month in 2024. In January, Fiat brand registrations decreased 0.1% (11.9% market share), Dacia registrations increased 11.1% (8.6% share), Toyota registrations totally flat(7.6% share), Volkswagen brand registrations decreas...

News  Updated at: 2025/02/04

New vehicle sales by 5 major OEMs in South Korea decrease 11.8% in January Five Korean automakers announced domestic new vehicle sales in January. New vehicle sales in South Korea declined by 11.8% year-over-year (y/y) to 90,587 units. Due to the impact of the Lunar New Year holiday, the reduction in business days in February also affected production for both domestic sales and exports. By company, Hyundai Motor was the leader with sales of 46,05...

News  Updated at: 2025/02/04