cles per year, scalable up to 150,000 units. VinFast aims to achieve 200,000 vehicle sales by 2025 and reach a production target of 1 million vehicles annually by 2030. The facility will create 3,000 to 3,500 direct jobs and thousands more indirectly. VinFast plans to develop the plant into a major export hub for South Asia, the Middle East, and Africa, with initial orders already secured from these regions. Based on the VinFast India press relea...

News  Updated at: 2025/08/04

dtic, South Africa announces support for exporters impacted by US tariff hike On July 31, the Department of Trade, Industry and Competition (the dtic) announced a set of measures in response to the imminent 30% tariff hike on South African exports to the United States. These urgent interventions are part of the dtic’s ongoing commitment to protecting jobs, preserving market access in the United States, and promoting export diversification to al...

News  Updated at: 2025/08/04

UK grants GBP 1 billion guarantee to support Ford’s global expansion On July 31, UK Export Finance (UKEF) announced a GBP 1 billion export development guarantee for Ford UK, aimed at supporting the automaker’s long-term global growth ambitions. The loan will support Ford’s global transformation, engineering and manufacturing smart, connected, and electric vehicles. It will also fund the development of cleaner engines and electric power uni...

News  Updated at: 2025/08/04

by-Wire, Built-in Navigation, and Bluelink. The STARGAZER Cartenz is designed for families with a spacious and refined layout, while the sportier Cartenz X targets active professionals with upscale features. Hyundai reaffirmed its commitment to Indonesia as a strategic production hub, with plans to export the new STARGAZER Cartenz models to international markets and continue investing in future mobility, including a USD 3 billion integrated EV ec...

News  Updated at: 2025/08/04

with 1,369 projects valued at THB 737.57 billion, up 132%. The automotive and parts sector recorded 172 applications (up 27%) worth THB 45.2 billion (up 14%). The FTI stressed that the reduced tariff is particularly critical for cost-sensitive sectors. Despite the new rate, the U.S. remains a vital export destination for Thailand, especially for key industrial products such as automobiles and parts, electrical appliances, aluminum, and more. To m...

News  Updated at: 2025/08/04

ia Private Ltd (RNAIPL), making Renault the sole owner of the Chennai plant. With this acquisition, RNAIPL will now be fully consolidated into Renault Group’s financial statements. Renault stated that this move is aimed at reinforcing its presence in the Indian automotive market and expanding its export activities from this major industrial hub.  Renault Group is also enhancing its local leadership with the appointment of Stéphane Deblaise a...

News  Updated at: 2025/08/01

te the ceasefire, Thailand has accused Cambodian forces of unprovoked firing, violating the agreement. Among efforts to avoid harsher measures, Thailand pledged to reduce its USD 46 billion trade surplus with the U.S. by 70% over three years, eliminate tariffs on 90% of goods, and curb transshipped exports from third countries.  Although details remain limited, the U.S. Commerce Secretary confirmed in a July 30 interview that agreements had been...

News  Updated at: 2025/08/01

strategy globally will include a focus on partnerships. "You should expect from Ford in these other regions, where electrification is very important, to partner where we need to," Farley said. Ford has had a long-standing partnership in China with Jiangling Motors Co., Ltd (JMC). The two companies export affordable EV and ICE powered commercial vehicles. Farley said the JMC partnership gives Ford experience in working with a new partner to creat...

News  Updated at: 2025/08/01

ional EV Policy Committee approved changes to the EV3 and EV3.5 incentive schemes, giving automakers greater flexibility in meeting local production and registration requirements while reinforcing Thailand’s ambitions as a regional EV manufacturing base. A key revision allows each EV produced for export to count as 1.5 units toward meeting local production quotas, a recommendation from the Federation of Thai Industries (FTI). This adjustment is...

News  Updated at: 2025/07/31

April-June Japanese OEMs’ exports to U.S. up in spite of additional tariffs Japanese automakers’ sales in and exports to the U.S. from April to June, which were directly affected by the U.S. Trump Administration’s additional tariffs, increased on a year-over-year (y/y) basis. Even after the start of the additional automotive tariffs in April, many Japanese automakers have not changed their vehicle prices in the U.S., and a significant expor...

News  Updated at: 2025/07/31

ant in Argentina, bringing the total to USD 700 million. The expansion will allow the production of more than 80,000 units of the Ranger per year, which marks a growth of 30% compared to 2024 and an all-time Ranger production record. Approximately 70% of that volume will continue to be destined for export markets, including Brazil, Chile, Peru, Colombia, Paraguay, and Uruguay, among others. "The response from customers exceeded our most optimisti...

News  Updated at: 2025/07/31

SJS Enterprise Limited, India updates about order wins and new age automotive product portfolio On July 29, SJS Enterprise updated that it won export business in the U.S. market from Fiat Chrysler Automobiles. It also added Yazaki as a customer for its domestic automotive business. The company is undertaking capacity expansion projects at its Pune and Bangalore facilities. Additionally, SJS Enterprise has commenced supply to Hero MotoCorp. It als...

News  Updated at: 2025/07/30

owed by Toyota Yaris ATIV with 4,814 units, Isuzu D-Max with 4,037 units, Toyota Yaris Cross with 2,893 units and Honda City with 2,550 units.  Vehicle production in June increased 12.0% to 130,223 units. This marked the second consecutive month of growth. Vehicle production for domestic sales and exports in June contributed 35% and 65% respectively. In the first 6 months of 2025, vehicle production reached 724,715 units, down 4.8% YoY. Vehicle ...

News  Updated at: 2025/07/30

26, 2025, Thailand’s Industry Minister has recently met with Great Wall Motor (GWM) executives to reaffirm the company’s long-term investment in Thailand and discuss collaboration on smart and autonomous vehicle technologies.  GWM reiterated its commitment to using Thailand as a production and export base for pickups and PPVs under its 70@3” policy, which includes a new high-durability diesel engine with a 1,000,000 km warranty. The compan...

News  Updated at: 2025/07/30

South Africa to support automotive industry to increase production and employment On July 28, the President of South Africa stated that the exports currently account for approximately two-thirds of local vehicle production. However, the introduction of stricter vehicle emissions regulations in leading export destinations such as the European Union, as well as new tariffs from the United States, is expected to have a significant impact on the sect...

News  Updated at: 2025/07/29

Kumho Tire to supply OE tires for Kia Tasman South Korea's Kumho Tire Co., Ltd. will start supplying the Crugen HT51 as original equipment (OE) tires for Kia Corporation’s Tasman pickup truck. This tire will be fitted on the Tasman export models for the Australian, Asian, Middle Eastern, and African markets in addition to the model for the South Korean market. The Crugen HT51 is an all-weather, on/off-road tire designed to ensure stable driving...

News  Updated at: 2025/07/29

Proton Malaysia establishes PICSB to drive tenfold export growth over 5 years Announced on July 28, 2025, Proton Holdings Berhad, Malaysia, has established a wholly owned subsidiary, Proton International Corporation Sdn Bhd (PICSB), led by CEO Edmund Lim Meng Thong, to spearhead its global expansion. The new company aims to increase Proton’s export sales tenfold within five years, focusing on expanding in the Global South while maintaining exis...

News  Updated at: 2025/07/29

EU discusses rare earth metals, overcapacities in EU-China Summit On July 24, European Commission President Ursula von der Leyen issued a statement following the EU-China Summit. She stated that the EU accounts for 14.5% of China's total exports, yet China only represents 8% of its exports. This is mostly due to an increasing number of trade distortions and market access barriers. The EU's trade deficit with China has doubled in the last decade, ...

News  Updated at: 2025/07/28

% the car industry faces currently. However, Volkswagen is also pursuing a separate offset deal with the Trump administration in return for raising its investment in the U.S. “We can offer huge investments, and then have the opportunity to discount the tariff level, but also with the potential to export from the U.S. to the rest of the world,” Blume said during the company’s H1 2025 earnings call. Blume said U.S. negotiators reacted positiv...

News  Updated at: 2025/07/26

tes rigorous rules of origin, requiring significant UK value addition for vehicles and parts to qualify for tariff benefits. The Technical Barriers to Trade chapter promotes mutual recognition of vehicle safety and environmental standards to facilitate streamlined cross-border certification. On the export front, UK will reciprocate with a phased liberalisation for Indian automotive exports, including passenger cars, commercial vehicles, and compo...

News  Updated at: 2025/07/25