2024 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 year. Pre-tax profit was JPY 1,317.6 billion, down 19.8% YoY. It decreased by JPY 324.7 billion versus JPY 1,642.4 billi...

News  Updated at: 2025/05/13

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

., Ltd. (Inovance NEV Suzhou), a subsidiary of Shenzhen Inovance Technology Co., Ltd. (Inovance), topped out the first phase of a New Energy Vehicle (NEV) component manufacturing site. Located in Wuzhong District, Suzhou, the site has an investment amount of CNY 5 billion, a total floor area of 49,382 square meters, and a total land area of around 50,000 square meters. It contains manufacturing shops for stators, rotors, electric drives, power s...

News  Updated at: 2025/04/08

that continue to enjoy strong sales include Hyundai 69 days, Genesis 70 days, and Kia 49 days. 2025Feb. 2024Feb. y-o-y 2025Jan.-Feb. 2024Jan.-Feb. y-o-y Passenger Cars 220,836 257,014 -14.1% 432,425 485,432 -10.9% Light Trucks 1,001,027 993,161 0.8% 1,902,382 1,837,281 3.5% Total 1,221,863 1,250,175 -2.3% 2,334,807 2,322,713 0.5% Sales of U.S. automakers in February were up 9.1% y/...

News  Updated at: 2025/03/04

Tesla recalls 239,382 vehicles in U.S. over loss of rearview camera image On January 6, Tesla issued a recall on certain 239,382 Model S, Model X and Model 3 vehicles equipped with the Full Self-Driving Computer 4.0 and running a software release version from 2023.44.30 through 2023.44.30.6, or 2023.44.100, saying that the computer circuit board may short, resulting in the loss of the rearview camera image.  Upon vehicle power up, insufficient i...

News  Updated at: 2025/01/11

s. The 3,989,403 total units produced for full-year 2024 were 5.6% more than in 2023. OEMs with production increases for all of 2024 include GM with a 16.6% increase to 842,567 units; Honda with a 44.2% increase to 241,117 units; JAC with a 12.8% increase to 25,391 units; VW with a 9.5% increase to 382,312 units; Nissan with an 8.8% increase to 669,941 units; Ford with a 5.9% increase to 386,776 units, Kia with a 5.7% increase to 270,700 units, a...

News  Updated at: 2025/01/10

28.2%. Among passenger vehicle and LCV sales manufacturers in December, Toyota sold 11,004 units (28.3% share), VW sold 4,785 units (12.3% share) and Suzuki sold 4,514 units (11.6% share). Among commercial vehicle sales in December, Toyota sold 418 units (17.7% share), Daimler Trucks and Buses sold 382 units (16.2% share), and FAW sold 274 units (11.6% share). Sales to dealers accounted for 88.4%, to car rental agencies 8.1%, to governments 2.1%,...

News  Updated at: 2025/01/09

were up 4.3％ YOY to 13,711 units (0.5% share), while new registrations of natural gas-powered cars plunged 89.7% to 137 units. Average CO2 emissions increased by 4.2% YOY to 119.8 g/km in 2024. Sales of 316,928 trucks in 2024 represented an increase of 9.0% over the previous year, and sales of 5,382 buses were a 2.0% decrease. According to the German Association of the Automobile Manufacturers (VDA), exports of passenger cars in Germany rose 9...

News  Updated at: 2025/01/07

e on November 21, 2024GlobalData Automotive European Passenger Car Sales Update (October 2024) Oct. 2024 Share Y-O-Y Jan. 2024-Oct. 2024 Share Y-O-Y EU 866,397 83.2% 1.1% EU 8,856,195 81.8% 0.7% EFTA 30,987 3.0% 2.5% EFTA 306,722 2.8% -4.9% UK 144,288 13.9% -6.0% UK 1,658,382 15.3% 3.3% EU+EFTA+UK 1,041,672 100.0% 0.1% EU+EFTA+UK 10,821,299 100.0% 0.9% Petrol 316,618 30.4% -10.7% Petrol 3,654,502 33.8% -6.1% D...

News  Updated at: 2024/11/22

Mexican auto production increases 1.1% in October 2024 OEMs built 382,101 light vehicles in Mexico in October 2024, resulting in a 1.1% increase compared to the 378,129 units built in the same month of 2023, according to the National Institute of Statistics and Geography (INEGI). OEMs with production increases in October included Nissan with an increase of 12.0% to 70,382 units; Ford with an increase of 47.7% to 36,358 units; Kia with an increase...

News  Updated at: 2024/11/07

UK passenger car sales fall 6.0% in October UK passenger car sales fell 6.0% to 144,288 units in October 2024, according to the Society of Motor Manufacturers and Traders (SMMT) on November 5. Year-to-date sales increased 3.3% with 1,658,382 cars registered in the first ten months of 2024. In October, sales for VW increased 1.8% to 13,294 units (9.2% market share), BMW sales dropped 15.9% to 9,407 units (6.5% share), Audi sales plunged 28.5% to 9...

News  Updated at: 2024/11/06

electric motor is 48kW, complemented by the 1.5L Engine which gives a net power of 138kW equivalent to 185 HP. While the ICE model, offered with a front-drive wheel, is equipped with Ford’s 2.0-litre EcoBoost engine coupled with an eight-speed automatic transmission, producing 239 hp of power and 382 Nm of torque.  The vehicle features a multifunctional 13.2-inch center touchscreen, a 8-inch digital instrument panel cluster, premium leather, s...

News  Updated at: 2024/10/01

Brazilian vehicle sales increased 14.3% to 237,382 units in August 2024 (ANFAVEA) The Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle sales (including trucks and buses) increased 14.3% YOY to 237,382 units in August 2024. Vehicle sales in August consisted of 171,021 passenger cars; 52,429 light commercial vehicles; 11,526 trucks; and 2,406 buses. Among passenger vehicle sales by brand in the mo...

News  Updated at: 2024/09/06

China releases 382nd list of “Announcement on On-road Motor Vehicle Manufacturers, Products” On May 20, the Ministry of Industry and Information Technology of China (MIIT) released the 382nd list of the “On-road Motor Vehicle Manufacturers and Products” announcement. A number of products from independent brands such as FAW Group and Dongfeng Motor Corporation and joint venture brands such as FAW-VW and SAIC Maxus have officially passed th...

News  Updated at: 2024/05/24

Honda reports record operating profit of JPY 1.38 trillion for FY 2023 On May 10, 2024, Honda Motor Co., Ltd. announced its financial results for FY 2023 (April 1, 2023 through March 31, 2024). Sales revenue increased 20.8% year-on-year (y/y) to JPY 20,428.8 billion, operating profit increased 77.0% to JPY 1,382.0 billion and profit for the year attributable to owners of the parent increased 70.0% to JPY 1,107.2 billion. All of sales revenue, ope...

News  Updated at: 2024/05/13

the previous year's JPY 4,641.6 billion. Operating income increased 32.8% YoY to JPY 465.6 billion. This was a JPY 115.0 billion increase over the previous year's JPY 350.6 billion. Ordinary income increased 27.6% YoY to JPY 488.5 billion. It was JPY 105.7 billion more than the previous year's JPY 382.8 billion. Net income increased 21.1% YoY to JPY 267.7 billion. This was a JPY 46.6 billion increase over the previous year's net income. See de...

News  Updated at: 2024/05/13

Flash Report: Honda's operating income for the full 2023 fiscal year increased by 77.0% to JPY 1,382.0 billion Honda's FY2023 full-year financial results were announced. Revenue increased 20.8% YoY to JPY 20,428.8 billion. This was a JPY 3,521.1 billion increase over the previous year's JPY 16,907.7 billion. Operating income increased 77.0% YoY to JPY 1,382.0 billion. This was an increase of JPY 601.2 billion over the previous year's JPY 780.8 bi...

News  Updated at: 2024/05/10

M Tracker with 5,670 sales. The Fiat Strada was the best-selling commercial vehicle in April with 11,497 sales, followed by the VW Saveiro with 5,373 sales, Toyota Hilux with 4,792 sales, Fiat Toro with 3,896 sales, GM Montana with 2,534 sales, Chevrolet S10 with 2,473 sales, and Ford Ranger with 2,382 sales. In ANFAVEA's sales report by fuel type, sales of flexible fuel vehicles were up 31.1% y/y to 165,610 units (79.5% share), diesel vehicles w...

News  Updated at: 2024/05/10

Chery South Africa introduces new DCT gearbox in Tiggo 4 Pro On May 8, Chery South Africa introduced a smooth-shifting dual-clutch transmission (DCT) alongside enhanced technology and interior upgrades for its Tiggo 4 Pro series. The DCT gearbox is available in both the entry-level LiT variant, priced at ZAR 382,900, and the top Elite variant, priced at ZAR 415,900. The new DCT offers fuel-saving benefits and saves nearly half a liter of fuel per...

News  Updated at: 2024/05/09

M Tracker with 5,670 sales. The Fiat Strada was the best-selling commercial vehicle in April with 11,497 sales, followed by the VW Saveiro with 5,373 sales, Toyota Hilux with 4,792 sales, Fiat Toro with 3,896 sales, GM Montana with 2,534 sales, Chevrolet S10 with 2,473 sales, and Ford Ranger with 2,382 sales. Cumulative sales for the four months of the year were up 16.3% y/y to 735,312 units. On April 9, Scotiabank maintained its previous March f...

News  Updated at: 2024/05/04