GlobalData blog: GlobalData revises forecasts down on Middle East conflict The conflict in the Middle East has continued to be a focus of concern through March 2026, and certainly since GlobalData’s Global Light Vehicle Sales Forecast (G LVSF) was published on March 10th, 2026. At the time of the G LVSF publication, we had reduced the forecast for the next few years to capture the evolving events.That adjustment focused on lowering the Middle E...

News  Updated at: 2026/03/26

FY2026 demand for automotive electric wires in Japan forecast to grow by 1.0 y/y to 93,000 tons On March 23, the Japanese Electric Wire & Cable Makers’ Association (JCMA) announced its forecast for electric wire demand in fiscal year that ends in March 2027 (FY2026), projecting a 1.0% increase in demand for automobiles compared to the FY2025 forecast, reaching 93,000 tons. The total car production volume in Japan is forecast to decrease due to ...

News  Updated at: 2026/03/24

GlobalData blog: How is Tesla’s pivot to robotics and AI likely to affect it going forward? Tesla has announced plans to wind down production 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 vehicl...

News  Updated at: 2026/03/23

ons as potential pressures on consumer confidence that could influence spending, and said it is closely monitoring their impact on operations. BMW had originally expected growth in the luxury segment after the general election and the establishment of a new government, but it has since adjusted its forecast to flat sales in light of geopolitical uncertainties. BMW Thailand still anticipates double-digit growth in its domestic sales in 2026, suppo...

News  Updated at: 2026/03/20

Honda cuts FY2025 forecast, expects up to JPY 690 billion net loss as it reviews EV strategy On March 12, Honda Motor Co., Ltd. (Honda) announced that it expects its loss for the year attributable to owners of the parent (under IFRS) to be up to JPY 690 billion for the fiscal year ending March 2026. This represents a downward revision of up to JPY 990 billion from its previous forecast of a net profit of JPY 300 billion, a 64% decrease from the p...

News  Updated at: 2026/03/12

y Information Administration (EIA). At the time of writing (5 March), the price of Brent Crude has leapt up to USD 83.50 per barrel – compared with USD 60 pb on 1 January (+38%) and USD 73 pb on 27 February (+14%) on the eve of the conflict. To mitigate the escalating crisis, OPEC has announced a production increase to 206,000 bpd from April; however, infrastructure options to bypass the Strait of Hormuz appear to be limited. The combined capac...

News  Updated at: 2026/03/11

Nissan reports Q1-3 FY2025 operating loss of JPY 10.1 billion, reveals full-year forecast of JPY 650 billion net loss On February 12, Nissan announced results for the first nine months of the fiscal year ending March 2026. Net revenue decreased 6.2% year-over-year (YoY) to JPY 8,578.0 billion. Operating loss totaled JPY 10.1 billion and net income attributable to owners of parent was loss of JPY 250.2 billion. The operating loss for the period re...

News  Updated at: 2026/02/13

Volume and mix had negative impact of JPY 78 billion, mainly due to lower wholesales volume. Regarding foreign exchange, the appreciation of the yen resulted in a JPY 20 billion decrease in profit. Net income for the period attributable to owners of the parent was loss of JPY 14.7 billion.  Global production volume declined 5.5% YoY to 859 thousand units, reflecting reduced production in light of the uncertain economic environment and tariff con...

News  Updated at: 2026/02/12

he medium term. The prominence of simulation, digital twins and virtual validation also points to shorter development cycles and improved launch predictability. As automakers rely more heavily on digital engineering to reduce physical prototyping, product programs are likely to move from concept to production more efficiently, supporting a steadier launch cadence rather than clustered, incentive-driven releases. For market projections, this sugge...

News  Updated at: 2026/02/10

antly affected by a JPY 302.9 billion downturn. This was mainly due to a larger impact from additional U.S. tariffs, which increased to JPY 216.6 billion, as well as one-off costs recorded during the quarter. Profit for the period attributable to owners of the parent fell 73.8% to JPY 83.1 billion. Production volume in the April-December 2025 decreased by 9.4% YoY to 657,000 units due to the impact of temporary shutdown at one of the two producti...

News  Updated at: 2026/02/09

Four Toyota Group medium-sized parts suppliers revise FY 2025 financial forecasts upward On February 2, five Toyota Group medium-sized parts suppliers announced their financial forecasts for the fiscal year ending March 31, 2026 (FY 2025). The three parts suppliers, Tokai Rika Co., Ltd., Futaba Industrial Co., Ltd., and Aisan Industry Co., Ltd., have revised their net sales forecasts upward. Chuo Spring Co., Ltd. has revised its ordinary profit a...

News  Updated at: 2026/02/03

Toyota Thailand eyes modest sales growth and stronger exports in 2026 On January 30, 2026, Toyota Motor Thailand released its 2026 forecast for the domestic automotive market, expecting it to remain broadly stable despite ongoing economic and financial constraints. The Thai auto market is forecast to reach 630,000 units, supported by government policies, new model launches, and improving investment activity. Toyota has set its 2026 domestic sales...

News  Updated at: 2026/02/02

ity. The tariff increase will also impact vehicles imported from India, primarily affecting models from Hyundai, Volkswagen, and Suzuki. We expect Suzuki to be comparatively resilient due to its continued export momentum and a recently approved land acquisition at Gujarat, India, intended to expand production capacity as overseas demand grows. As Suzuki’s export strategy targets over 100 markets, it is less reliant on Mexico and is therefore be...

News  Updated at: 2026/01/30

Malaysian new car sales increase by 0.5%, and production decreases by 5.4% in 2025 Malaysian Automotive Association (MAA) announced that new car sales of 90,716 units in December increased by 10.3% over the same month in 2024. PV (passenger vehicles) sales increased 13.2% to 83,148 units. CV (commercial vehicles) sales decreased 13.8% to 7,568 units. Total sales in 2025 increased 0.5% from the same period in 2024 to 820,752 units. PVs sales were ...

News  Updated at: 2026/01/21

erm sheet to jointly develop and operate a large-scale Battery Anode Material (BAM) facility in Yanbu Industrial City, Kingdom of Saudi Arabia, through a joint venture company (Obeikan – 51%). The term sheet outlines the development of an approximately USD 200 million BAM facility with an initial production capacity of 25,000 tonnes per year, scalable over time to meet rapidly growing global demand for graphite anode materials sourced outside o...

News  Updated at: 2026/01/15

4.2m), affordable BEV. Vehicles meeting the criteria for this segment will be counted as 1.3 sales rather than one sale (they will earn ‘supercredits’), offsetting sales of other vehicles that contribute poorly to CO2 reduction. A €1.8 bn ‘battery booster’ to promote domestic battery cell production, mostly via interest-free loans to European industry participants developing sites in the EU.  This is not an exhaustive list of the chan...

News  Updated at: 2026/01/14

Nikkan Jidosha Shimbun forecasts new vehicle sales to reach 4.66 million units in Japan in 2026 The Nikkan Jidosha Shimbun has forecast that the total new vehicle sales in Japan in 2026 will be 4.66 million units, a year-over-year (y/y) increase of 2.4% from its 2025 outlook. The market is likely to become active due to the launch of the vehicles unveiled at the “Japan Mobility Show (JMS) 2025” held in the autumn of 2025, and see a y/y increa...

News  Updated at: 2026/01/05

Sindipeças raises its growth forecast for Brazil’s auto parts industry from 3% to 4% for 2026 On December 15, it was reported that Brazil’s auto parts association Sindipeças revised upward its growth forecast from 3% to 4% for the sector in 2026. Based on an estimated revenue of BRL 275.8 billion in 2025, the sector is now projected to reach BRL 286.8 billion next year. The expected growth, however, would be slower than the 6.5% expansion r...

News  Updated at: 2025/12/18

eveloping a variety of new products looking toward the future. The business environment in terms of international trade has gone through major changes this year due to the US-China trade conflict and changes in government policies. Also, automotive OEMs are being increasingly forced to review their production operations and strengthen local production and consumption. Amidst this harsh environment, TPR is still capable of operating globally at it...

News  Updated at: 2025/12/16

e 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) new registrations of electric passenger cars in Germany in 2026. This represents a 17% increase compared to 2025. The forecast assumes that the federal government's planned new subsidies will be implemented swiftly. According to the VDA forecast, battery electric vehi...

News  Updated at: 2025/12/09