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MITI clarifies open investment rules for BYD and other foreign automakers in Malaysia
nvestment, Trade and Industry (MITI) has issued a statement clarifying its policies on foreign automotive investment and BYD’s CKD assembly plans in Malaysia. Earlier reports suggested that MITI had imposed restrictive conditions on BYD’s Tanjung Malim plant, including a reported requirement to export up to 80% of vehicles and price the remaining 20% for local sales above MYR 200,000, which sparked social media discussion. MITI clarified that...
News Updated at: 2026/04/03
GM’s joint venture in China seeks to build vehicles in Mexico
in the Mexican market is expected to become an important engine driving future business growth,” Huang Yaosong, the executive leading the SAIC-GM-Wuling delegation, said on March 18. The new Mexican-built vehicles would likely supply Mexico and South American markets, though it is not known if exports to the U.S. would be planned in the future. A project such as this would align with GM’s broader export strategy under Steve Hill, appointed...
News Updated at: 2026/04/03
GM may face strike at San Luis Potosi plant in Mexico amid wage negotiations
17 from the previously planned April 2. The union representing employees submitted a request for a salary increase of up to 17%. If no agreement is reached before the deadline, approximately 7,200 workers are expected to halt work at the facility. The potential strike would affect production of key export models such as the Chevrolet Equinox and GMC Terrain. The situation follows recent labor negotiations in the automotive sector, including a sep...
News Updated at: 2026/04/02
Kaynes Technology inaugurates semiconductor plant in Sanand, India
Kaynes Technology inaugurates semiconductor plant in Sanand, India On March 31, the Prime Minister of India inaugurated the Kaynes Technology semiconductor plant in Sanand, Gujarat. The facility will supply Intelligent Power Modules to a California-based company, and a large share of its output is already booked for export. It will strengthen the electric vehicle ecosystem and heavy industry both in India and globally. Based on PIB press releas...
News Updated at: 2026/04/01
Chery announces new South Africa plant, Production expected by 2027
ilities and facilities to quickly bring the factory to full production capacity. The first locally produced vehicles are expected to roll out by mid-2027. The local manufacturing will help Chery to offer greater flexibility, shorter delivery times, and a stronger position in South Africa and future export markets across Africa. Based on Chery South Africa press release...
News Updated at: 2026/04/01
Cambodia’s new tax cuts include electrified vehicles and EV components, effective April 1
icy also removes tariffs on EV components, such as motors, charging stations, lithium batteries, and other energy storage devices, making electrified vehicles and infrastructure more affordable. Hybrid and electric household appliances, including stoves and kettles, are also covered. In addition, export duties on bauxite, an aluminum ore, will be reduced from 25% to 10%. (From Cambodia's GDCE social media updates and an article of Khmer Times...
News Updated at: 2026/04/01
BYD achieves CNY 804 billion annual revenue in 2025, up 3.5% y/y
tal of 4,602,436 New Energy Vehicles (NEVs), up 7.7% y/y; achieved a total sales volume of 396,556 vehicles from the Fang Cheng Bao, Denza, and Yangwang brands, up 109% y/y; sold a total of 1,049,601 passenger vehicles and pickup trucks in markets outside of China, up 145% y/y; and achieved a total export volume exceeding 1 million units, up 140% y/y. With a presence in 119 countries and regions, exported BYD NEVs ranked first in several markets ...
News Updated at: 2026/03/31
Nissan closes CIVAC plant in Mexico after nearly 60 years
sands of direct and indirect jobs linked to the plant’s operations. While some workers have relocated, others face reintegration into the labor market. The plant had manufactured several key models, including the Nissan Frontier, as well as passenger and light commercial vehicles for domestic and export markets. Authorities indicated that efforts are underway to attract new investment to the site, although no agreements have been finalized. (Mu...
News Updated at: 2026/03/31
Turkiye automotive industry archives record export in 2025
Turkiye automotive industry archives record export in 2025 On March 30, the Turkish Minister of Industry and Technology, at the General Assembly of the Automotive Industry Association (OSD), announced that the Turkish automotive industry achieved record-breaking export level of USD 41.5 billion in 2025. The government will continue to focus on efforts to further advance its trade integration with the European Union, its most important export ma...
News Updated at: 2026/03/30
Foton Motor, COSCO Shipping establish JV
ith both companies’ logos was also delivered, by which the first 600 Foton Motor pickup trucks will be shipped to South America. The JV will leverage COSCO Shipping’s global shipping operating system, global route resources, and comprehensive logistics services, as well as Foton Motor’s large export order quantity and market network outside of China, for resource integration. With this platform, Foton Motor will gain access to customized ma...
News Updated at: 2026/03/30
GlobalData blog: China’s auto market achieved steady growth in 2025
et for the 17th consecutive year. Annual domestic Light Vehicle (LV) sales exceeded 26.9 million units, up by 5.6% year-on-year (YoY), with Passenger Vehicle (PV) sales surpassing 24.3 million units (+5.6% YoY) and Light Commercial Vehicle (LCV) sales exceeding 2.6 million units (+6.1% YoY). On the export side, even in the face of tariff barriers, China’s LV shipments still exceeded 6.6 million units and achieved a YoY growth rate of 21%. Among...
News Updated at: 2026/03/30
Egypt and UK discuss cooperation on automotive industry and batteries
Egypt and UK discuss cooperation on automotive industry and batteries On March 26, the Minister of Industry of Egypt held a meeting with the UK Ambassador in Cairo to discuss ways to enhance joint industrial cooperation and increase British investments in the Egyptian market. They discussed opportunities for cooperation in the automotive industry, electric vehicle batteries, green manufacturing, export, localization of technologies, etc. The Mini...
News Updated at: 2026/03/27
BIMS 2026: GAC outlines Thailand strategy; GAC CARE debuts overseas
BIMS 2026: GAC outlines Thailand strategy; GAC CARE debuts overseas Announced on March 25, 2026, GAC outlined a new phase for its Thailand operations at the 47th Bangkok International Motor Show, presenting the upgraded “Thailand Action 2.0” strategy. The plan positions Thailand not just as a sales market, but as a future regional export hub, supported by continued model rollouts from 2026 and deeper localization. GAC also launched GAC CARE, ...
News Updated at: 2026/03/26
Toyota Thailand holds export target amid Middle East disruptions
Toyota Thailand holds export target amid Middle East disruptions Reported on March 22, 2026, the President of Toyota Motor Thailand highlighted the impact of unrest in the Middle East, which has affected Thailand’s automotive sector and disrupted the supply of key materials such as resin. Toyota has faced export delays to the region due to logistical challenges but is monitoring the situation closely. The company targets 100,000 units for expor...
News Updated at: 2026/03/26
GlobalData blog: GlobalData revises forecasts down on Middle East conflict
LV sales, would push the market further into negative territory in 2026, with it struggling to gain traction beyond that. China’s economy is expected to be more insulated than most to begin with, thanks to strategic oil reserves, but would be exposed on the production side given the importance of export markets. It too would struggle if an energy price shock lasted into the second half of this year. Scenarios: Deviation from base Global sales f...
News Updated at: 2026/03/26
GM to add USD 300 million investment into South Korean operations, total USD 600 million for small SUV production
nd working environments and enhance operational efficiency at key facilities, including the introduction of new press machines at its manufacturing plant in Bupyeong. GM Korea has been serving as a major production hub for the Chevrolet Trax and Trailblazer, and Buick Encore and Envista in GM’s export strategy to the U.S. Operating the Bupyeong and Changwon plants at or near their 500,000-unit annual capacity to lower per-unit production cost...
News Updated at: 2026/03/26
Slovakia announces temporary measures to limit consumption of diesel fuel
for 30 days and introduces several measures. It limits the sale of diesel fuel exclusively to the fuel tank of a motor vehicle and to one portable container with a maximum volume of 10 liters. A financial limit of EUR 400 per refueling is set. The second measure is a temporary restriction on the export of diesel fuel from the Slovak Republic. The third temporary measure is the introduction of a special price for diesel fuel for vehicles regist...
News Updated at: 2026/03/25
Tesla reported in talks for USD 2.9 billion of solar manufacturing equipment from China
ly in discussions with several Chinese companies to acquire solar manufacturing equipment worth USD 2.9 billion, according to Reuters. Suzhou Maxwell Technologies, a leading maker of screen-printing equipment for solar cell manufacturing, is a top contender for the project and is reportedly seeking export approval from China's commerce ministry to supply the machinery. Other potential suppliers include Shenzhen S.C New Energy Technology and Lapla...
News Updated at: 2026/03/25
Maruti Suzuki to begin first phase operation at new Gujarat plant by 2029
.4 million units a year (expandable to 2.6 million) across its plants in Gurugram, Manesar, Kharkhoda, and Hansalpur, with the Khoraj plant’s first phase expected to come onstream by 2029 and funded through internal accruals. It mentioned that the expansion is aimed at meeting rising domestic and export demand and is part of a broader plan under which the Khoraj site can eventually host four lines of 250 thousand units annual capacity each, tak...
News Updated at: 2026/03/24
Tofas, Turkiye to export K0 LCV as Ram ProMaster City to North America markets
Tofas, Turkiye to export K0 LCV as Ram ProMaster City to North America markets On March 23, Tofas announced that it will begin exporting its K0-coded medium-sized light commercial vehicle, produced at its Bursa plant, to North America in the second half of 2027 under the name Ram ProMaster City. Tofas, with an investment of EUR 386 million, plans to produce 1 million units of the K0 project by 2032, including 230,000 units for export to North Am...
News Updated at: 2026/03/24



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