there are high hopes for developing carbon-neutral technologies that can be used in internal combustion engines, and then there are hydrogen engines and synthetic fuels (e-fuels) also. We are a leading manufacturer of parts for internal combustion engines, and proud of the fact that were have a 60% market share of cylinder liners worldwide. Q4. What do you think the size of the internal-combustion-engine market will be in 10 years? A4. While it i...

News  Updated at: 2025/12/16

VDA, Germany, expects 2% new car registrations increase to 2.9 million in 2026 On December 8, the German Association of the Automotive Industry (VDA) announced that the German passenger car market will not recover significantly in 2026. It expects a moderate increase of 2% to 2.90 million new registrations, around one-fifth less than in the pre-crisis year of 2019, citing the macroeconomic weakness. VDA anticipates nearly one million (979,000) ne...

News  Updated at: 2025/12/09

GAIKINDO reduces 2025 auto sales target as market pressures mount in Indonesia Reported on December 3, 2025, the Association of Indonesian Automotive Industries (GAIKINDO) has lowered its 2025 car sales forecast to 780,000 units amid a volatile market. Since early 2025, various challenges have weighed on Indoneisa’s four-wheeled vehicle segment, prompting the adjustment. GAIKINDO’s Chairman I did not provide details on the rationale behind th...

News  Updated at: 2025/12/04

VDIK expects 2.9 million new passenger car registrations in 2026 in Germany On December 3, the Association of International Motor Vehicle Manufacturers (VDIK) announced that it anticipates around 2.9 million new passenger car registrations in 2026. However, this forecast is largely dependent on how the regulatory framework for electric vehicles develops.  The VDIK anticipates the total market will reach around 2.83 million passenger cars by the ...

News  Updated at: 2025/12/03

Valeo unveils Elevate 2028 financial strategy for next three years Valeo Group (Valeo) unveiled Elevate 2028, its financial plan for the next three years, at its Capital Markets Day on November 20, 2025. By 2028, the company expects sales between EUR 22-24 billion, an operating margin of 6-7%, and free cash flow after interest of at least EUR 500 million. It aims to steadily increase profit from 2022 onwards, generate higher cash from 2025 onward...

News  Updated at: 2025/11/26

AvtoVAZ, Russia plans to sell 370,000 Ladas in 2025 On November 21, multiple sources reported that AvtoVAZ plans to sell 370,000 Lada vehicles in 2025, including exports. The company expects to sell around 350,000 units in the domestic market. The company sold 459,000 vehicles in Russia in 2024. The 2025 forecast reflects a decrease of about 23%. Based on multiple sources...

News  Updated at: 2025/11/24

Isuzu announces H1 FY2025 operating profit down 21.1%, maintains full-year forecasts On November 12, Isuzu Motors Limited announced its consolidated earnings results for the first half of the fiscal year ending March 2026 (FY2025). Isuzu's consolidated sales revenue for the first half (April-September 2025) increased 5.4% year-on-year to JPY 1,637.3 billion, operating income dropped 21.1% to JPY 104.6 billion and net income attributable to owners...

News  Updated at: 2025/11/12

Anadolu Isuzu, Turkiye announces revised 2025 guidance for heavy commercial vehicles On November 6, Anadolu Isuzu announced its revised guidance for 2025.The company expects the total market size of the segments it operates in to remain in line with 2024 levels. It anticipates mid-teen percentage growth in domestic heavy commercial vehicle sales, compared to the previous forecast of high single-digit growth. Meanwhile, domestic light commercial ...

News  Updated at: 2025/11/07

Suzuki’s operating profit down 17.5% in H1 2025, maintains full-year forecast On November 6, Suzuki Motor Corporation announced its consolidated earnings results for the first half of the fiscal year ending March 2026 (FY2025). Suzuki's consolidated sales revenue for the H1 2025 edged up by 0.3% year-on-year to JPY 2,864.2 billion. Operating profit dropped by 17.5% yoy to JPY 276.5 billion, reporting the first decline in operating profit in fiv...

News  Updated at: 2025/11/06

Sango to achieve 15% increase in net sales for 2030 Sango Co., Ltd. (Sango, Miyoshi City, Aichi Prefecture), a major independent muffler manufacturer, has developed its “medium-term business plan 2030,” under which it aims to achieve consolidated net sales of JPY 400 billion (excluding articles supplied) in 2030, an increase of 15% from the forecast for 2025, by strengthening the exhaust systems business and vehicle body and chassis business....

News  Updated at: 2025/11/06

ed from 16.8% in 2024. For the fiscal year 2025, the BMW Group is confirming its adjusted full-year guidance as of October 7. Despite weaker demand in China’s fourth quarter, the company still anticipates slight overall sales growth for 2025. In the Automotive Segment, the EBIT margin for 2025 is forecast to be within the range of 5% to 7%, likely between 5% and 6% due to ongoing market pressures.BMW notes that results could change depending on...

News  Updated at: 2025/11/05

haps stood out as one of the most fascinating exhibits. Together, these launches and countless others painted a clear direction for the industry: a future shaped by electrification, alternative energy, and automation. What lies behind the innovations? The session “Overview of the Midi and Minibus Market: Commuter and School Bus Segments” revealed that many of the innovations on display are rooted in the rapid evolution of the smaller, more ag...

News  Updated at: 2025/10/27

Volvo Group sees North American trucking slump through 2026 amid tariffs On October 17, upon releasing its Q3 2025 results, the Volvo Group said that in Q3, its net sales had increased in Europe, while more difficult market conditions in North America and South America impacted sales negatively. Volvo said it expects trucking demand in North America to remain under pressure into 2026, as weak freight activity and President Trump's tariffs weigh o...

News  Updated at: 2025/10/18

represents General Motors, Toyota Motor Corp., Volkswagen Group, Hyundai Motor Co. and other major OEMs, said in a filing with the Environmental Protection Agency that legislation signed by President Trump in June will increase the effective price of EVs and could lead to a near-term decline in EV market share. “The 2027 and later standards are simply not achievable in light of significant market, charging infrastructure, supply chain, afforda...

News  Updated at: 2025/09/25

Porsche realigns product strategy, focus on profitability over EV growth On September 19, Porsche announced that it is pushing ahead with its realignment and adjusting its product strategy to strengthen financial performance.Due to market conditions, the new SUV series above the Cayenne, which was previously planned to be fully electric, will initially be offered exclusively as combustion engine and plug-in hybrid at market launch. The Panamera a...

News  Updated at: 2025/09/22

tment in its motor core-related business for electric vehicle (EV) drive motors. The motor core business has been going according to the company’s plan in the first half of the fiscal year that started in February (H1 FY2025). On the other hand, Mitsui High-tec revised its FY2025 operating income forecast for the motor core business downward from JPY 10 billion to JPY 8 billion, since in the second half of the fiscal year its customers have rev...

News  Updated at: 2025/09/18

s surged 174.9% to 10,619 units (4.9%), plug-in hybrid vehicles increased 24.0% to 7,051 units (3.3%) and electric vehicles jumped 49.6% to 7,643 units (3.6%). Cumulative sales for the eight months of the year were up 2.8% y/y to 1,667,707 units. On August 8, Scotiabank maintained its previous July forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026. “We have concerns about the high intere...

News  Updated at: 2025/09/10

its, Toyota Hilux with 3,570 units, Fiat Toro with 3,181 units, Ford Ranger with 2,628 units, Chevrolet S10 with 2,340 units, and RAM Rampage with 1,951 units. Cumulative sales for the eight months of the year were up 2.8% y/y to 1,667,295 units. On August 8, Scotiabank maintained its previous July forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026. “We have concerns about the high intere...

News  Updated at: 2025/09/05

electrification trend, while Plug-in Hybrids (PHEVs) and Extended Range Electric Vehicles (EREVs) have also recently gained traction. However, across the Asia-Pacific region (excluding China), Full Hybrid Electric Vehicles (FHEVs) are quietly re-emerging as the preferred electrification pathway. In markets such as Japan and Korea, BEV adoption has slowed, as limited charging infrastructure, high upfront costs, and persistent range anxiety have ca...

News  Updated at: 2025/08/22

Toyota Thailand sells 113,889 units in H1 2025, holds 2025 forecast amid soft July outlook Announced on July 29, 2025, Toyota Motor Thailand reported H1 2025 sales of 113,889 units, down 2.1% year over year, securing a 37.6% market share. In the 1-ton pickup truck segment (including both pure pickups and pickup-based passenger vehicles or PPVs), Toyota sold 42,430 units, capturing 44.8% of the segment. Passenger car sales totaled 39,644 units (33...

News  Updated at: 2025/08/05