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U.S. auto sales fall 11.8% in March amid elevated vehicle prices and weakening demand
extending its streak of y/y gains to seven months. According to U.S. media, the company attributed the recovery in sales to the progress of its business restructuring. Among Japanese automakers, all posted y/y declines in March. Toyota fell 8.5%, its first decline in 13 months. According to Toyota Motor North America, sales of its RAV4 core compact SUV dropped 47.7% due to preparations for the rollout of a redesigned model (phased launch). Meanw...
News Updated at: 2026/04/02
NYIAS 2026: Genesis to launch 22 new, enhanced vehicles in North America by 2030
NYIAS 2026: Genesis to launch 22 new, enhanced vehicles in North America by 2030 On April 1, at the New York International Auto Show, Genesis president and CEO Jose Munoz announced a multi‑year product and manufacturing strategy that underscores the brand's commitment to North America. "Today we are committing to 22 new or significantly enhanced vehicles in North America by 2030,” said Munoz. From 2026 through 2030, Genesis plans to introduce...
News Updated at: 2026/04/02
SAIC Motor deploys EI humanoid robot on mass production line
SAIC Motor deploys EI humanoid robot on mass production line On March 27, SAIC Motor deployed the Nengzai No. 1, its first embodied intelligence (EI) humanoid robot employee, on the battery mass production line for Buick’s Electra E7 SUV for key operations such as cell picking and loading. For both SAIC Motor and China’s automotive industry, this marks the first case where a humanoid robot is truly applied to a mass production line. Developed...
News Updated at: 2026/04/01
BIMS 2026: Changan introduces NEVO Q05 electric SUV in Thailand; local assembly planned
BIMS 2026: Changan introduces NEVO Q05 electric SUV in Thailand; local assembly planned Announced on March 25, 2026, Changan Automobile showcased its lineup at the 47th Bangkok International Motor Show 2026, featuring models from its three core brands, (i) AVATR, (ii) Changan Deepal, and the newer brand, (iii) Changan NEVO, along with promotional offers. A key highlight is the local debut of the Changan NEVO Q05, an intelligent electric SUV that ...
News Updated at: 2026/03/31
Posco to build rare earth value chain in South Korea and abroad
und (CVC) to invest KRW 8 billion (JPY 880 million) in a domestic specialist in rare earth separation and refining. The target company of this investment possesses proprietary technology in separating and refining heavy rare earths dysprosium (Dy) and terbium (Tb) for permanent magnets for traction motors of electric vehicles (EVs) into oxides with a purity of more than 99.5%, and then reducing them to metals with a purity of 99.9%. Posco Inter...
News Updated at: 2026/03/30
BIMS 2026: BYD launches ATTO 1, ATTO 2, SEAL 6, and SEALION 5 DM-I in Thailand
BIMS 2026: BYD launches ATTO 1, ATTO 2, SEAL 6, and SEALION 5 DM-I in Thailand Announced on March 25, 2026, BYD showcased its growing presence at the 47th Bangkok International Motor Show (BIMS), presenting both its core brand and premium marque Denza with one of the event’s largest booths. The highlight was the simultaneous launch of four models in Thailand, ATTO 1, ATTO 2, SEAL 6, and SEALION 5 DM-I, spanning multiple segments and combining B...
News Updated at: 2026/03/30
BIMS 2026: Huawei HMS for Car powers Chinese brands’ electrified vehicles in Thailand
BIMS 2026: Huawei HMS for Car powers Chinese brands’ electrified vehicles in Thailand Announced on March 27, 2026, Huawei Mobile Services (HMS) returned to the 47th Bangkok International Motor Show (BIMS) for the 3rd consecutive year, showcasing its HMS for Car platform, a smart cockpit solution designed to support automakers’ global expansion. A key feature was a “seamless charging” experience developed with Voltality, allowing drivers...
News Updated at: 2026/03/30
BIMS 2026: DFLZM presents Forthing FRIDAY SUV and V9 MPV in Thailand
BIMS 2026: DFLZM presents Forthing FRIDAY SUV and V9 MPV in Thailand Announced on March 23, 2026, Dongfeng Liuzhou Motor (DFLZM) showcased the FRIDAY SUV and Forthing V9 MPV at the Bangkok International Motor Show, following the Forthing brand’s recent market entry in Thailand. Thailand is a core ASEAN market in DFLZM’s strategy, with plans to expand its sales and service network and deepen localization, including potential local production...
News Updated at: 2026/03/27
Chevrolet introduces 2027 Corvette Grand Sport with new 6.7L V8
Chevrolet introduces 2027 Corvette Grand Sport with new 6.7L V8 On March 26, Chevrolet introduced the 2027 Corvette Grand Sport and Grand Sport X, representing heritage-inspired design with a next-generation V8 engine. At the core of every 2027 Corvette Grand Sport and Grand Sport X is the next-generation LS6 6.7L V8, with 535 hp and 520 lb-ft of torque, which now becomes Corvette’s primary engine, powering the 2027 Stingray as well, with an ...
News Updated at: 2026/03/27
Coiltech 2026: thyssenkrupp Steel presents products for electromobility and energy transition
Coiltech 2026: thyssenkrupp Steel presents products for electromobility and energy transition thyssenkrupp Steel Europe AG and its subsidiary thyssenkrupp Electrical Steel, part of thyssenkrupp AG, showcased products, process solutions, and application examples for electromobility and the energy transition at Coiltech 2026 in Augsburg, Germany. Highlights include the powercore traction NGO 020 120Y420 grade, engineered for highly efficient elect...
News Updated at: 2026/03/26
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
GM begins turnaround plan in China as SAIC-GM contract approaches expiration
GM begins turnaround plan in China as SAIC-GM contract approaches expiration SAIC-GM, a joint-venture between GM and SAIC Motor in China, has unveiled a three-year turnaround plan as the joint venture contract approaches its June 2027 expiration date. GM has already absorbed USD 2.7 billion in restructuring charges to slash capacity and improve the lineup, which helped to bring about the joint venture’s fifth straight profitable quarter at the ...
News Updated at: 2026/03/26
GlobalData blog: How is Tesla’s pivot to robotics and AI likely to affect it going forward?
tion of its Model S and Model X flagship models, with no successor programs confirmed, while retooling sections of its Fremont factory to support early production of its Optimus Gen 3 humanoid robot later this year. The move marks the clearest signal yet that Tesla intends to diversify beyond its core vehicle business into robotics and AI. The Model S and X have already become niche products within Tesla’s lineup—accounting for a small shar...
News Updated at: 2026/03/23
Second phase of CATARC NEV Inspection Center breaks ground
lectromagnetic compatibility (EMC) will be completed by the end of September 2026, with commissioning expected at the end of October 2026. Those for e-drives, electronic controllers, and crash safety will be completed and fully commissioned in mid-2027. The focus of the project is on upgrading four core platforms. - The vehicle-network-charging stand intelligent charging and battery swapping center will span cutting-edge technol...
News Updated at: 2026/03/23
Denso invests in Next Core Technologies
Denso invests in Next Core Technologies Denso Corporation (Denso) announced that it has invested in Next Core Technologies, Inc. (NCT, Uji City, Kyoto Prefecture). The amount of the investment was not disclosed. NCT specializes in materials and processing technologies for iron-based amorphous alloys, which are essential for improving the efficiency of motor generators installed in electrified vehicles. The two companies aim to establish volume pr...
News Updated at: 2026/03/23
Maruti Suzuki, India outlines multi-pathway India growth strategy
Maruti Suzuki, India outlines multi-pathway India growth strategy On March 17, Maruti Suzuki detailed its India strategy under Suzuki Motor Corporation’s mid-term management plan “By Your Side,” positioning India as a core global manufacturing base for automobiles and motorcycles with a strong Make in India focus. It plans differentiated approaches by household income segments, expanding NEXA and Arena SUVs/MPVs for higher-income customers,...
News Updated at: 2026/03/19
SAIC-VW unveils core technologies for ID. ERA lineup, with ID. ERA 9X SUV scheduled for end-March pre-order
SAIC-VW unveils core technologies for ID. ERA lineup, with ID. ERA 9X SUV scheduled for end-March pre-order On March 16, SAIC-VW held an ID. ERA technology launch event in Shanghai, announcing that the ID. ERA 9X SUV, the prologue of the ID. ERA lineup, started mass production at the Ningbo plant and will be available for pre-order from March 30. The ID. ERA 9X measures 5,207mm long, 1,997mm wide, and 1,810mm high, with a wheelbase of 3,070mm. Eq...
News Updated at: 2026/03/18
Mitsui High-tec revises downward financial targets of medium-term management plan
Mitsui High-tec revises downward financial targets of medium-term management plan Mitsui High-tec, Inc. (Mitsui High-tec) has revised downward the financial targets of its medium-term management plan. Due to the slowdown in the electric vehicle (EV) market, automakers—Mitsui High-tec’s clients—are revising their EV launch plans, resulting in lower-than-expected sales volumes for motor cores and automotive semiconductors. Regarding the autom...
News Updated at: 2026/03/16
DFMC, Yangtze River Industry Group forge strategic procurement partnership
DFMC, Yangtze River Industry Group forge strategic procurement partnership On March 8, Dongfeng Motor Corporation (DFMC) signed a strategic procurement cooperation agreement with Yangtze River Industry Group to elevate their partnership from “matching supply” to “strategic synergy”. Yangtze River Industry Group will promote subordinate core parts companies to engage in the R&D of new DFMC vehicle models earlier to achieve synchronous deve...
News Updated at: 2026/03/11
Infineon presents fully integrated motor control system-in-package for automotive sector
Infineon presents fully integrated motor control system-in-package for automotive sector On March 3, Infineon Technologies AG presented the MOTIX TLE9954QSW40-33, its first fully integrated motor control system-in-package (SiP) for the automotive sector. The new motor driver addresses the industry’s growing challenges related to extreme miniaturization. The solution supports compact designs for applications such as EV thermal management syste...
News Updated at: 2026/03/10



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