J.D. Power releases 2025 U.S. Electric Vehicle Consideration (EVC) Study On May 15, J.D. Power released its 2025 U.S. Electric Vehicle Consideration (EVC) Study that compiled responses from 8,164 consumers from January through April who intend to buy or lease a new vehicle in the next 12 months. The 2025 study revealed that 24% of vehicle shoppers say they are “very likely” to consider purchasing an EV and 35% say they are “somewhat likely,...

News  Updated at: 2025/05/16

wcase Thailand’s supply chain strengths in key sectors such as automotive, electrified vehicles (xEV), electronics, and more, reinforcing Thailand’s role as the region’s leading industrial parts sourcing hub. The event will bring together over 500 buyers from 11 countries, targeting more than 8,000 business matching sessions, with projected business value exceeding THB 20 billion and over 45,000 participants. A dedicated xEV Sourcing Zone w...

News  Updated at: 2025/05/09

BlackBerry’s QNX powering WeRide’s next-gen ADAS platform On April 8, QNX, a division of BlackBerry Limited, and WeRide Inc. announced the two companies are working together to help accelerate the advancement and deployment of Software Defined Vehicles (SDVs) for automotive OEMs and suppliers around the world. As part of the collaboration, WeRide has used QNX to power the company’s ADAS WePilot solution designed for L2++ passenger vehicles....

News  Updated at: 2025/04/10

ICA summit runs from April 8 to 9 in Frankfurt On April 8, the 5th edition of the ICA Summit was opened in Frankfurt. The international conference and exhibition covers topics related to Innovative, Connected, and Autonomous Vehicles and will be held from April 8 to 9. MarkLines Co., Ltd. is pleased to support this year’s event as a media partner. The exclusive ICA Summit explores state-of-the-art approaches, legal frameworks, and development/v...

News  Updated at: 2025/04/08

U.S. auto sales down 2.3% in February, additional tariffs on Mexico and Canada cause for concern Note: Some figures were updated on March 19.The number of new vehicles sold in the U.S. in February 2025 (preliminary figures including estimates for GM/Stellantis/Tesla, etc.), as aggregated by MarkLines as of March 4, was 1,221,863 units, down 2.3% y/y. The number of business days in February was 24, one day less than the same month last year. Altho...

News  Updated at: 2025/03/04

U.S. auto sales up 3.8% in January, fourth consecutive month of gains Note: Some figures were updated on February 10.  The number of new vehicles sold in the U.S. in January 2025, as aggregated by MarkLines as of February 4 (preliminary figures including estimates for GM/Stellantis/Tesla and others), was 1,112,944 units, up 3.8% from the same month last year. January is usually a time of seasonal decline in new vehicle sales due to factors such ...

News  Updated at: 2025/02/04

Bharat Mobility 2025: BMW Group India to launch multiple models On January 8, BMW Group India announced that it will present a host of new launches from BMW, MINI, and BMW Motorrad. BMW will launch the all-new BMW X3 in India. BMW will also showcase the all-electric i7, X7, 5 Series Long Wheelbase, BMW M5, BMW M,4 and BMW M2. MINI India will launch a special MINI Cooper S John Cooper Works Pack. BMW Motorrad will launch the new BMW R 1300 GS Adve...

News  Updated at: 2025/01/09

Global EV battery installation Jan-Nov up 26.4%, CATL on top with 36.8% share On January 6, SNE Research announced monthly power battery data for global electric vehicles (BEV, PHEV, HEV) sold in November 2024. For January to November, the global battery installation increased 26.4% to 785.6 GWh. By national origin among top 10 suppliers, Chinese manufacturers accounted for 65.5% of sales, followed by Korean manufacturers at 19.8% and Japanese ma...

News  Updated at: 2025/01/07

than 300,000 vehicles. CR averages the data from the 2022 to 2024 model years (plus a few 2025 models). For the second straight year, EV manufacturer Rivian, with its R1S and R1T, sits at the top of the brand satisfaction list. It is joined by the same luxury brands that populated 2023’s top 10: BMW, Tesla, Porsche, Lexus, and Genesis. Owners had been asked to rank their cars within 5 categories: Comfort, Driving, Cabin Storage, Usability, and...

News  Updated at: 2024/12/10

U.S. auto sales up 9.8% in November, double-digit gains for Honda and Korean companies Note: Some figures were updated on December 6. The number of new vehicles sold in the U.S. in November 2024, as aggregated by MarkLines as of December 4 (preliminary figures including estimates for GM/Stellantis/Tesla and others), was 1,363,968 units, up 9.8% from the same month last year. November sales were led by improved product lineups (introduction of 202...

News  Updated at: 2024/12/04

BWM Group EBIT down 61.0% in Q3 and 31.6% in YTD September 2024 On November 6, BMW Group announced its financial results for Q3 2024 and the first nine months of 2024. For Q3 2024, the Group reported revenue of EUR 32.4 billion (down 15.7% YoY), EBIT of EUR 1.7 billion (down 61.0% YOY), and net profit of EUR 0.47 billion (down 83.8% YOY). For the January-September period, the Group reported revenue of EUR 106 billion (down 5.8% YoY), EBIT of EUR ...

News  Updated at: 2024/11/08

the same month last year. Although sales conditions softened due to lower interest rates and other factors, some users held off on purchasing a car due to uncertainty about the future ahead of the presidential election on November 5. By vehicle type, sales of light trucks were up 11.7% y-o-y to 1,078,579 units, while passenger cars increased 1.0% y-o-y to 248,728 units. Seasonally adjusted at annual rates (SAAR) 2023Oct Nov Dec 2024Jan...

News  Updated at: 2024/11/05

U.S. auto sales down 12.0% in September Note: Some figures were updated on October 10. The number of new vehicles sold in the U.S. in September 2024 (preliminary figures including estimates for GM/Stellantis/Tesla, etc.), aggregated by MarkLines as of October 2, was 1,176,847 units, down 12.0% from the same month last year. The number of business days in September was 23 days, three days less than the same month last year, may have also affected ...

News  Updated at: 2024/10/02

U.S. House panel votes on AM Radio for Every Vehicle Act On September 18, a U.S. House panel voted to advance the AM Radio for Every Vehicle Act, which requires the U.S. Department of Transportation (DOT) to mandate that all new passenger vehicles include devices for accessing AM broadcast stations. The bill now moves to the full House for final approval after passing the committee roll call by a vote of 45-2. Following House approval, the presid...

News  Updated at: 2024/09/26

Indian passenger vehicle sales increase by 4.9% in June 2024 Indian passenger vehicle sales in June 2024 were up 4.9% y/y to 294,233 units. Based on the release of carmakers in June, the available sales results are as follows: Maruti-Suzuki sales of 139,918 units increased 2.9% in June compared to the same month in 2023. Tata sales of 74,147 units decreased 7.8% from last year. Mahindra sales of 57,342 units increased 10.9% from last year. Hyunda...

News  Updated at: 2024/07/16

U.S. Senate report reveals use of banned Chinese parts by BMW, other carmakers On May 20, the U.S. Senate Finance Committee Chair Ron Wyden announced that BMW imported at least 8,000 Mini Coopers into the U.S. with components from a banned Chinese supplier, violating a 2021 law and continuing until at least April 2024. The 2021 Uyghur Forced Labor Prevention Act (UFLPA) targets forced labor in China’s Xinjiang region, enforcing stricter rules o...

News  Updated at: 2024/05/21

31st GAIKINDO Indonesia International Auto Show to run from July 18-28 Announced on May 8, 2024, the Association of Indonesia Automotive Industries will hold the 31st GAIKINDO Indonesia International Auto Show (GIIAS), running from July 18-28, 2024, at the Indonesia Convention Exhibition (ICE), BSD City, Tangerang Regency (Banten). Various brands of passenger vehicles, commercial vehicles, motorbikes, and supporting industry brands will participa...

News  Updated at: 2024/05/14

Indian passenger vehicle sales increase by 8.9% in March 2024 Indian passenger vehicle sales in March 2024 were up 8.9% y/y to 317,976 units. Based on the release of carmakers in March, the available sales results are as follows: Maruti-Suzuki sales of 156,330 units increased 14.3% in March compared to the same month in 2023. Tata sales of 90,822 units increased 1.6% from last year. Mahindra sales of 58,244 units increased 2.5% from last year. Hy...

News  Updated at: 2024/04/18

ecline, impacting Auto EBIT. Capex and R&D will peak in 2024 due to electrification and digitalization efforts, including NEUE KLASSE development. Capex and R&D ratios will return to strategic corridors post-2024. Financial services will benefit from higher auto sales and stabilized interest rates. BMW, MINI, and Rolls-Royce deliveries are expected to rise slightly with an EBIT margin within 8% to 10%. All-electric vehicle deliveries will increas...

News  Updated at: 2024/03/22

Indian passenger vehicle sales increase by 13.9% in January 2024 Indian passenger vehicle sales in January 2024 (excluding BMW, Mercedes-Benz, Volvo Cars, and Tata) were up 13.9% y/y to 339,441 units. Based on the release of carmakers in January, the available sales results of PVs and CVs are as follows: Maruti-Suzuki sales of 170,214 units increased 12.5% in January compared to the same month in 2023. Tata sales of 84,276 units increased 5.8% fr...

News  Updated at: 2024/02/15