BAuto Malaysia warns of adverse auto industry factors, sees lower FY performance ended April 2025 Announced on June 12, 2025, Bermaz Auto Berhad (BAuto) reported a decline in revenue and profit for the financial year ended April 30, 2025, primarily driven by reduced sales of Mazda and Kia vehicles in Malaysia, amid mounting competition from lower-priced Chinese imports. BAuto’s profit before tax dropped to MYR 224.3 million (from MYR 483.7 mill...

News  Updated at: 2025/06/18

Thai PJW stays resilient amid headwinds, auto sector drives growth Reported on May 30, 2025, Thailand’s SET-listed Panjawattana Plastics Plc (PJW) anticipates its 2025 performance will align with that of 2023, driven by stable demand for its core products, especially in the automotive sector, and emerging business opportunities. Despite sluggish economic conditions and delayed government spending in 2024, PJW managed to maintain a solid financi...

News  Updated at: 2025/06/05

U.S. auto sales up 1.4% in May, rush buying before tariff hikes slows Note: Some figures were updated on June 6. The number of new vehicles sold in the U.S. in May 2025 (preliminary figures including estimates for GM/Stellantis/Tesla, etc.), aggregated by MarkLines as of June 4, was 1,468,632 units, up 1.4% y/y. The number of sales days in May was 27, one day more than in the same month last year. Light vehicle seasonally adjusted annualized sale...

News  Updated at: 2025/06/04

Inoue Rubber Thailand anticipates 5% revenue growth in 2025 Reported on May 26, 2025, SET-listed Inoue Rubber Thailand expects a 5% revenue increase in 2025, driven by rising demand for premium motorcycle tires during the 90-day suspension of U.S. reciprocal tariffs. The tariff, initially set for April 9, was delayed, prompting buyers to stockpile products ahead of its expected enforcement in early July. The U.S. remains Thailand’s largest tire...

News  Updated at: 2025/05/28

Geely Auto unveils Galaxy M9 SUV and “Five by Five” global strategy in Milan, Italy On May 22, Geely Auto unveiled the Geely Galaxy/Yinhe M9, a six-seater flagship SUV featuring advanced super-hybrid technology, at an event in Milan, Italy. The new Yinhe M9 SUV is powered by the AI Cloud 2.0-driven EM-P Super Hybrid system. It can accelerate from 0 to 100 kmph in just 4.5 seconds. It features Geely’s next-generation AI Smart Cockpit, AI Dig...

News  Updated at: 2025/05/26

Thai FPI’s auto parts business remains resilient amid industry slowdown in Q1/2025 Announced on May 15, 2025, Fortune Parts Industry PCL (FPI) delivered solid performance in Q1/2025 with total operating revenue rising 10.8% YoY to THB 624 million, driven mainly by higher product sales. Net profit climbed around 28% YoY to THB 77 million, supported by effective cost control and reduced foreign exchange losses. Despite the overall slowdown in Tha...

News  Updated at: 2025/05/21

ew Energy passenger car wholesale volume exceeding 10,000 units in April, up 3 y/y and taking up 90.9% (92% last month) of the total volume. These manufacturers were: BYD (372,615 units), Geely (125,563 units), SAIC-GM-Wuling (75,610 units), Tesla China (58,459 units), Chery (55,023 units), Changan Auto (54,756 units), Leapmotor (41,039 units), XPeng (35,045 units), Li Auto (33,939 units), Great Wall Motor (28,809 units), Xiaomi EV (28,585 units)...

News  Updated at: 2025/05/14

Canadian vehicle sales up 10.2% in April On May 2, DesRosiers Automotive Consultants announced that approximately 186,000 light vehicles were sold in April 2025, very similar to March, but up 10.2% from the same month in 2024, signifying it as the best April figures since 2018. The SAAR for April was 1.90 million, down from the 2+ million numbers seen in Q1, but a solid performance given the political and economic turmoil. Looking at vehicle mix,...

News  Updated at: 2025/05/03

Thai BOI: applications for investment promotion of auto and parts at THB 23.5 million in Q1/2025 On April 30, 2025, the Thailand Board of Investment (BOI) announced that investment promotion applications in Q1/2025 totaled THB 431.2 billion (USD 12.9 billion), a 97% YoY increase, driven by large infrastructure and digital sector projects. The automotive and parts sector saw 72 projects with a combined value of THB 23.5 billion. A total of 822 app...

News  Updated at: 2025/05/02

Auto Shanghai 2025: Changan Auto launches Nevo Q07 plug-in hybrid electric SUV On April 23, at the Auto Shanghai 2025, Changan Auto launched the Nevo Q07 plug-in hybrid electric SUV. The model is available in six variants, with prices ranging from CNY 129,800 to CNY 171,800. The Nevo Q07 incorporates natural, technological, and emotional elements into exterior design and features minimalistic, streamlined interior lines. The model is equipped wit...

News  Updated at: 2025/04/30

VinFast announces Q4 and full-year 2024 financial results On April 24, 2025, VinFast Auto Ltd. announced its unaudited financial results for Q4 and fiscal year ended December 31, 2024. In Q4/2024, global EV deliveries were 53,139, representing an increase of 143% QoQ, driven by robust growth in its business-to-consumer (B2C) sales. For the full year 2024, global EV deliveries were 97,399, representing an increase of around 192% YoY. Meanwhile, e...

News  Updated at: 2025/04/28

Auto Shanghai 2025: Bentley showcases updated Continental and Flying Spur lineups with hybrid powertrain On April 23, Bentley Motors showcased three updated models i.e. the Continental GT, Continental GT Convertible, and Flying Spur at Auto Shanghai 2025.Each model now comes in three versions – the standard, the comfort-focused Azure, and the performance-driven Speed. The new Azure variants debut Bentley’s high performance hybrid powertrain, ...

News  Updated at: 2025/04/24

Auto Shanghai 2025: FORVIA - Smart Eye unveil first in-car iris and facial biometric authentication FORVIA presented a secure biometric authentication in vehicles at Auto Shanghai 2025. Developed in collaboration with Smart Eye, the solution leverages iris and face recognition technology via the existing Driving Monitoring System (DMS) camera for customer authentication. It enables seamlessly secure payments without additional user input. Both co...

News  Updated at: 2025/04/24

Volkswagen Group launches largest-ever NEV and ADAS offensive in China On April 22, the Volkswagen Group announced the beginning of its most ambitious new energy vehicle (NEV) and intelligent connected vehicle (ICV) strategy in China at Group Night ahead of Auto Shanghai 2025. The Volkswagen Group is continuing to consistently pursue its ‘In China, for China’ strategy and is shifting into ‘delivery mode’ at Auto Shanghai 2025 The company ...

News  Updated at: 2025/04/23

Auto Shanghai 2025: VW to unveil AI-driven automated driving system for China On April 17, VW announced that it would unveil its first AI-powered, highly automated driving system at Auto Shanghai 2025 designed specially developed for China's complex traffic environments. Built on a powerful System-on-Chip (SoC), the system can handle a wide range of driving situations. A VW model with this technology will launch in China by the end of 2025. In 20...

News  Updated at: 2025/04/18

VinFast delivers over 12,100 EVs in Vietnam in March, led by VF 5 and VF 3 Announced on April 11, 2025, VinFast Auto Ltd. delivered over 12,100 units of EVs in Vietnam in March 2025, largely driven by over 3,700 deliveries of the VF 3 and over 4,400 units of the VF 5. The VF 6 and VF 7 also performed steadily, with over 1,100 units and over 600 units delivered, respectively. In the first 3 months of 2025, VinFast delivered over 35,100 units in Vi...

News  Updated at: 2025/04/15

Geely and Renault to launch EX5 model in Brazil in July 2025 On April 9, Geely Auto and Renault Group officially introduced the Geely EX5, their first joint product for the Brazilian market, following their strategic partnership with Renault announced in February 2025. The all-electric EX5, designed to meet international standards, was developed through collaboration among design centers in Gothenburg, Shanghai, Coventry, and Milan, the EX5 meets...

News  Updated at: 2025/04/14

Manila International Auto Show 2025 kicks off On April 10, 2025, the Manila International Auto Show (MIAS) 2025 officially opened its doors, celebrating 20 years of automotive excellence in the Philippines. With the theme “Driven by Connection,” this year’s event runs until April 13. The latest innovations from over 20 international car brands will be presented. Participating brands include Aion, BAIC, BYD, Changan, Chery, Foton, GAC, Grea...

News  Updated at: 2025/04/10

BASF Coatings, Li Auto to jointly promote innovation of coatings BASF Coatings signed a memorandum of strategic cooperation with Li Auto for the promotion and application of innovative coatings driven by sustainability and digital innovations. Under the memorandum, the two companies will jointly explore new low-carbon-emission material technologies. They will establish a joint innovation platform for the development of new materials and processes...

News  Updated at: 2025/04/08

Indian passenger vehicle retail sales increase by 6.3% in March 2025 On April 7, the Federation of Automobile Dealers Associations (FADA) announced that the retail sales of passenger vehicle (PV) sales increased by 6.3% to 350,603 units in March 2025 against 329,946 units in March 2024. Commercial vehicle (CV) sales increased by 2.7% YoY in March 2025 to 94,764 units against 92,292 units last year. Two-wheeler (2W) sales decreased by 1.8% YoY to ...

News  Updated at: 2025/04/07