China’s June vehicle production, sales volumes increase 11.4% y/y, 13.8% y/y, respectively On July 10, the China Association of Automobile Manufacturers (CAAM) announced China’s vehicle production and sales results for June 2025. According to the CAAM, in the first half of 2025, China’s automobile market stayed in good shape, with multiple economic indicators growing by double digits year-over-year (y/y). Boosted by the national trade-in po...

News  Updated at: 2025/07/14

German passenger car sales down 13.8% in June, EV up 8.6%, PHV up 66.4% The number of June new passenger car registrations in Germany was 256,193 units, down 13.8% from the same month last year, and the total sales for the first six months of 2025 was 1,402,789 units, down 4.7% from the same period last year, according to the figures released by the Germany Federal Motor Vehicle Office (KBA) on July 3. The fall in passenger car sales in June was ...

News  Updated at: 2025/07/04

Jiangsu HiPhi established, with 69.8% of shares held by Canada’s EV Electra Information from the National Enterprise Credit Information Publicity System (NECIPS) shows that on May 22, Jiangsu HiPhi Auto Co., Ltd. (Jiangsu HiPhi) was established in Yancheng, Jiangsu. With a registered capital of around USD 143 million, Jiangsu HiPhi is 69.8% and 30.2% owned by EV Electra, a Canadian EV company, and Human Horizons, the parent company of the forme...

News  Updated at: 2025/05/28

Flash Report: Suzuki's operating income for the full 2024 fiscal year increased by 30.2% to JPY 642.9 billion Suzuki's FY2024 full-year financial results were announced. Revenue increased 8.7% YoY to JPY 5,825.2 billion. This was a JPY 467.6 billion increase over the previous year's JPY 5,357.5 billion. Operating income increased 30.2% YoY to JPY 642.9 billion. This was an increase of JPY 149.0 billion over the previous year's JPY 493.8 billion. ...

News  Updated at: 2025/05/12

Russian vehicle sales decrease 46.0% in March 2025 The 92,285 new vehicles sold in Russia in March 2025 represented a decrease of 46.0% compared to the same month in 2024 according to the Avtoselkhozmash Holding release on April 11.The 283,906 new cars and LCVs sold in the first three months of 2025 represented a decrease of 27.9% over the same period in 2024.Passenger Cars sales in March 2025 represented a 46.4% decrease to 78,229 units from 202...

News  Updated at: 2025/04/14

Caoa Chery launches Tiggo 7 with PHEV powertrain in Brazil On February 25, Caoa Chery has expanded its electrified lineup with the launch of the plug-in hybrid (PHEV) versions of the Tiggo 7 and an updated Tiggo 8. The Tiggo 7 Pro PHEV features a powertrain combining two electric motors with a 1.5-liter turbo combustion engine, delivering a total of 317 hp and 56.6 kgfm of torque. It accelerates from 0 to 100 km/h in 6.8 seconds and has fuel effi...

News  Updated at: 2025/02/28

China’s installed drive battery capacity increases 20.1% y/y in January On February 17, the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA) released monthly drive battery data for January 2025. In January, China’s total installed drive battery capacity was 38.8GWh, up 20.1% year-over-year (y/y). Specifically, the capacity of ternary batteries totaled 8.5GWh, accounting for 22.1% of the total and down 32.2% y/y; and the c...

News  Updated at: 2025/02/19

Mexican vehicle sales increase 1.9% in December, increase 9.8% for full-year 2024 Note: Some figures were updated on January 14. On January 4, Mexico’s Instituto Nacional de Estadistica y Geografia (INEGI) reported sales of 146,356 light vehicles in December 2024, representing a 1.9% increase from the 143,662 sales in December 2023. In 2024, Mexican light vehicle sales increased 9.8% to 1,496,797 units. In 2024, Nissan sold 255,116 units, an in...

News  Updated at: 2025/01/07

Renault Group reports 1.8% revenue growth in Q3 2024 On October 24, Renault Group reported that its Q3 2024 revenue increased 1.8% YoY to EUR 10.7 billion from Q3 2023, at constant exchange rates, group revenue increased by 5.0%. For Renault Group, the worldwide sales for Q3 dropped 5.6% YoY to 482,468 units. In Europe, the sales dropped by 5.3% to 328,111 units of vehicles and maintaining its 3rd position. By brand sales, Renault brand was down ...

News  Updated at: 2024/10/25

Mexican auto exports up 4.8% in September 2024 OEMs with manufacturing operations in Mexico exported 315,706 light vehicles in September 2024, a 4.8% increase compared to the 301,341 units shipped in September 2023, according to the National Institute of Statistics and Geography (INEGI). OEMs with increased exports in September included Nissan with a 96.7% increase to 44,637 units; Mercedes-Benz with a 56.0% increase to 5,777 units; Honda with a ...

News  Updated at: 2024/10/07

EU passenger car sales up 3.6% in June 2024 On July 18, the European Automobile Manufacturers Association (ACEA) announced new passenger car registrations for June 2024. Passenger car sales in the European Union (EU), European Free Trade Association (EFTA), and the United Kingdom (UK) increased 3.6% year-on-year to 1,310,989 units in June, while year-to-date sales increased 4.4% to 6,879,438 units. June sales in the EU increased 4.3% to 1,089,925...

News  Updated at: 2024/07/23

China’s installed drive battery capacity increases 30.2% y/y in June On July 10, the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA) released monthly drive battery data for June 2024. In June, the total installed drive battery capacity in China was 42.8GWh, registering a year-over-year (y/y) increase of 30.2%. Specifically, capacities of ternary batteries for vehicle equipment totaled 11.1GWh, accounting for 25.9% of the t...

News  Updated at: 2024/07/11

German passenger car sales decrease 4.3% in May The German Federal Motor Transport Authority (KBA) announced on June 5 that the number of new passenger car registrations in May was 236,425 down 14.3% from the same month last year. The total number of new passenger car registrations in the January-May period was 1,174,312, up 5.2% from the same period last year. In May, passenger car registrations by brand were as follows: VW increased 8.7% to 47,...

News  Updated at: 2024/06/06

Philippines notes largest growth in car production and sales among ASEAN countries in Jan-Oct 2023 Reported on December 16, 2023, the Association of Southeast Asian Nations Automotive Federation (AAF) showed that the Philippines’ motor vehicle production continued to post the fastest-growing (among the AAF-tracked ASEAN countries), as it recorded a 28.5% YoY growth in the first 10 months of 2023 to reach 94,838 units (up from 73,823 units). In ...

News  Updated at: 2023/12/19

AMDA foresees increase in heavy vehicles retail sales for 2024 due to nearshoring The Mexican Association of Automotive Distributors forecasts that the heavy vehicle retail sales in 2024 could reach 57,632 units in 2024, representing a 13% increase compared to the same period of 2023. Guillermo Rosales Zárate, executive president of AMDA also estimates 2023 to finish with sales of more than 51,022 units, 30.9% more than 2022. Regarding September...

News  Updated at: 2023/10/17

China’s vehicle production and sales volumes increase 6.6% and 9.5% y/y in September, respectively On October 11, the China Association of Automobile Manufacturers (CAAM) announced China’s vehicle production and sales results for September 2023. In September, amid the introduction of a range of national-level consumption promotion policies, local governments responded actively by formulating and implementing measures such as issuing consumpti...

News  Updated at: 2023/10/12

U.S. auto sales up 19.3 % in September U.S. new vehicle sales of 1,340,921 units for the month of September is almost identical to those of August 2023, and an increase of 19.3% from one year ago in September 2022 when supply chains still restrained production. There were 26 selling days in September 2023, one more than the 25 selling days in September 2022. September’s passenger car sales increased 16.1% to 275,283 units, resulting in a 20.5% ...

News  Updated at: 2023/10/04

EU passenger car sales up 20.7% in August 2023 On September 20, the European Automobile Manufacturers Association (ACEA) announced new passenger car registrations for August 2023. Passenger car sales in the European Union (EU), European Free Trade Association (EFTA), and the United Kingdom (UK) increased 20.7% year-on-year to 904,509 units in August, while year-to-date sales increased 17.9% to 8,516,943 units.    Sales in the EU increased 21.0...

News  Updated at: 2023/09/21

Auto sales in Vietnam down 18.4% in July According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on August 14, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were down 18.4% year-on-year to 24,687 units in July. CKD volume was 13,575 units and CBU volume was 11,112 units.VAMA members (20 manufactures) sales in July were down 6.5% y/y to 22,870 units.VAMA members passenger car s...

News  Updated at: 2023/08/15

China’s vehicle production and sales volumes decrease 2.2% and 1.4% y/y in July, respectively On August 10, the China Association of Automobile Manufacturers (CAAM) announced China’s vehicle production and sales results for July 2023. In July, given the high base for the same period last year and the traditional off-season in the auto market, the pace of production and sales slowed down and brought about a relatively lackluster overall market...

News  Updated at: 2023/08/14