VWCO finds new importer in Costa Rica On December 15, Volkswagen Caminhões e Ônibus announced that Grupo Purdy has become the new importer of VW Camiones y Buses in Costa Rica, as part of its strategy to expand in Central America. The partnership is supported by investments in infrastructure, technical training, inventory, and the strengthening of a national service network to support commercial vehicle operations across the country. Grupo Purd...

News  Updated at: 2025/12/18

Three Japanese OEMs release November 2025 new car sales figures in China, with Nissan seeing growth y/y for six consecutive months Three Japanese OEMs recently announced their November 2025 new car sales results in China. Toyota sold 154,600 units in November, down 12.1% year-over-year (y/y). FAW Toyota and GAC Toyota accounted for 71,200 units and 64,905 units, down 20.9% y/y and 3.8% y/y, respectively. Year-to-date (YTD) sales volume totaled 1,...

News  Updated at: 2025/12/09

Tesla opens sales for affordable Model 3 Standard in Europe On December 5, Tesla announced it has launched the more affordable Standard version of the Model 3 in Europe to expand its lineup of offerings in a region where its sales have been lagging. Deliveries for the Model 3 Standard are expected to begin in the first quarter of 2026. Tesla previously opened orders for the Model Y Standard in October, with first deliveries expected in December. ...

News  Updated at: 2025/12/06

Tesla hints at new, more affordable model in October 7 event previews On October 6, 2025, Tesla posted two videos on X, previewing an event that it will host on October 7. The videos hint at a new vehicle model, which has led to speculation that the event will introduce a more affordable Tesla model. In April 2025, Tesla had delayed the launch of a lower-cost version of the Model Y in the U.S., stating that it planned to begin sales of the more a...

News  Updated at: 2025/10/07

GAC unveils Emzoom Nova, M8 Master PHEV, and Aion Y at Festival of Motoring 2025 in South Africa On August 29, GAC unveiled three new models, the Emzoom Nova, the PHEV M8 Master, and the all-electric Aion Y, at the 8th annual Festival of Motoring at Kyalami Grand Prix Circuit in Johannesburg, South Africa. The Emzoom Nova Entry Spec is equipped with a 1.5TG turbo engine paired with 7-speed dual-clutch transmission, delivering 130 kW of power and...

News  Updated at: 2025/09/02

Four Japanese automakers’ new car sales in U.S. in July 2025 exceed previous year’s sales for first time in 2 months Four Japanese automakers’ new car sales in the U.S. in July rose 11.1% year-over-year (y/y) to 438,131 units, marking a year-over-year increase for the first time in two months. Subaru Corporation (Subaru) and Mazda Motor Corporation (Mazda), which have been reporting year-over-year declines since May, regained their momentum...

News  Updated at: 2025/08/07

Tesla operating profit down 42.5% in Q2 2025 On July 23, Tesla delivered its financial results for Q2, with net income falling 16.3% to USD 1.2 billion, on revenue of USD 22.5 billion, down 11.8% from the same period in 2024. Operating income fell 42.5% to USD 923 million, resulting in a 4.1% operating margin, and adjusted EBITDA was down 7.4% to 3.4 billion in Q2. The company noted its decline in Q2 due in great part to lower automotive deliveri...

News  Updated at: 2025/07/25

GlobalData blog: Australia: Asia’s mature market down under After a record-breaking year for the Australian LV market, Trump's protectionist trade policies and China’s slowdown are risks to the import-dependent market. 2024 was a record-breaking year for the Australian Light Vehicle (LV) market. Total sales in the country reached an all-time high of 1.21 mn units, representing a 1.8% expansion, and surpassed the 1.2 mn-unit mark for the first...

News  Updated at: 2025/02/14

BYD registers Sea Lion 07 with National Institute of Industrial Property in Brazil On January 29, BYD registered the design of the Sea Lion 07 with Brazil's National Institute of Industrial Property (INPI), indicating that the coupe-SUV could soon be launched in the country. The model, based on the BYD Seal, will be positioned above it in the brand’s pricing hierarchy. Currently, the Seal sedan is priced at BRL 299,800.   The Sea Lion 07 share...

News  Updated at: 2025/02/01

Tesla launches Model Y refresh in China ahead of U.S., Canada, Europe Tesla has opened orders for the freshened version of its Model Y in China, featuring more upscale features and a modern look with front and rear light bars. The updated model is expected to go on sale in the U.S., Canada and Europe later in 2025. While the Model Y refresh, informally referred to as “Juniper”, became available for order in China on January 9, Tesla said deli...

News  Updated at: 2025/01/11

Paris MS 2024: GAC Motors unveils all-electric AION V and European market strategy On October 17, GAC Motors announced the presentation of six new energy vehicles and revealed its plans for entering the European market at the Paris Motor Show 2024. The company introduced its first global strategic model, the all-electric AION V smart SUV, featuring a long-range battery, fast charging, and energy-efficient design. The vehicle is set to captivate t...

News  Updated at: 2024/10/17

Chery Holding Group announces Jan-Sep 2024 sales results On October 1, Chery Holding Group announced September sales results. In September, the automaker sold 244,534 vehicles, up 28.6% year-over-year (y/y). Year-to-date (YTD) vehicle sales totaled 1,752,793 units, up 39.9% y/y. By brand: Chery’s September and YTD sales were 151,051 units and 1,113,541 units, up 11.0% y/y and 33.1% y/y, respectively. Exeed’s September and YTD sales were 15,71...

News  Updated at: 2024/10/09

GlobalData blog: US BEV winners and losers in H1 2024 As Tesla sales stagnate in the first half of 2024, other OEMs have taken advantage The US electrified vehicle market has transformed since the Tesla Model 3 launch in 2017. The explosive growth over the past six years led legacy automakers to invest billions in engineering Electric Vehicles to compete with Tesla’s offerings. Fast forward to today, and compelling models are being launched by ...

News  Updated at: 2024/09/12

GAC AION, China enters the Nepalese Market with AION Y compact SUV On May 23, GAC marked its entry into the Nepalese market by opening its GAC AION brand showroom and introducing its star model, the AION Y compact SUV. GAC AION plans to launch several new models in Nepal this year, capable of adapting to the country's complex terrain and variable climate. Looking ahead, GAC plans to continually strengthen the brand and enhance its sales and servi...

News  Updated at: 2024/05/27

GAC Aion delivers first 1,000 Y Plus SUVs to Tajikistan On May 23, GAC Aion announced the recent holding of a ceremony in Kashgar, Xinjiang for the commissioning of the GAC Central Asian Export Site and the delivery of vehicles to a Tajikistani mobility program. For this program, the Y Plus, a hot-selling GAC Aion model, is for export to Tajikistan, with the first 1,000 delivered at the ceremony. Tajikistan has been vigorously developing the elec...

News  Updated at: 2024/05/27

Honda “N-Box” tops Japanese sales rankings in April, followed by Toyota “Yaris” In the new car sales rankings by model in Japan in April 2024 (consolidated rankings of mini-vehicles and registered vehicles (vehicles other than mini-vehicles)), Honda Motor Co., Ltd.’s “N-Box” became the top-selling model for the ninth month in a row. Toyota Motor Corporation’s “Yaris” regained the second spot for the first time in four months. ...

News  Updated at: 2024/05/09

【SNE Research】 Jan. - Nov. global battery installation increased 41.8%, top  CATL with 37.4% share   On January 9, SNE Research announced monthly power battery data for global electric vehicles (BEV, PHEV, HEV) sold in November 2023. For January to November, the global battery installation increased 41.8% to 624.4 GWh. By national origin among top 10 suppliers, Chinese manufacturers accounted for 63.7% of sales, followed by Korean manufactu...

News  Updated at: 2024/01/10

2023 medium- and heavy-duty truck sales in Japan increase for first time in four years According to industrial sources, sales of medium- and heavy-duty trucks (payload capacity: 4 tons or more) in Japan for 2023 increased by 19.0% year-over-year (y/y) to 66,499 units, up for the first time in four years. Sales of both medium- and heavy-duty trucks grew as the number of registered trucks increased due to a relaxation of production constraints caus...

News  Updated at: 2024/01/10

GM sells over 540,000 vehicles in China in Q3 2023 On October 10, General Motors (GM) announced that in Q3 2023, it retailed over 540,000 vehicles in China. New Energy Vehicles (NEVs) continued to post robust growth momentum across its sub-brands. Performance by brand: Buick sold over 151,000 vehicles. The performance of the GL8 3-row 7-seater MPV remained strong, with sales volume increasing 10.7% year-over-year (y/y) to nearly 40,000 units. The...

News  Updated at: 2023/10/23

Tesla slows Q3 vehicle delivery growth to 27% with operating income down 52% to USD 1.76 billion Tesla announced its financial results for the third quarter of 2023 on October 18. Sales increased 9% y/y to USD 23.35 billion, operating income fell 52% to USD 1.764 billion, and net income decreased 44% to USD 1.853 billion. Adjusted EBITA was down 24% to USD 3.758 billion, and operating margin was 7.6%, down significantly from 17.2% in the same per...

News  Updated at: 2023/10/19