rd Township, Michigan, home of DTNA’s Detroit Diesel engine division, will begin layoffs on September 19. In December 2024, DTNA added 400 jobs at the Detroit plant as part of a USD 285 million capital investment program.    •    The Saltillo, Mexico plant, which opened in 2009, focuses on production of the Freightliner Cascadia. DTNA’s actions in North America follow the Volvo Group laying off 1,000 workers across its Volvo Truck Nort...

News  Updated at: 2025/07/17

Mexican heavy truck sales down 66.8%, production down 35.7%, exports down 20.3% in June 2025 On July 10, ANPACT reported that the industry saw sharp year-on-year declines in June: wholesales dropped 66.8% to 2,253 units, while production fell 35.7% to 14,189 units. Exports declined 20.3% to 12,331 units. From January to June, sales totaled 14,533 units (-47.7%), production reached 77,397 (-24.1%), and exports fell to 68,148 (-13.6%). The 2025 sal...

News  Updated at: 2025/07/15

empAI, an AI-based solution that measures and predicts temperature data inside e-motors without the need for additional hardware. TempAI runs on existing control units and utilizes a self-learning, physically based temperature model that requires minimal computing resources. It improves temperature forecast accuracy by over 15%, enabling significantly more precise thermal utilization of the electric machine. This results in up to 6% more peak pow...

News  Updated at: 2025/07/03

entiment among OEMs, further limiting the market’s ability to stimulate interest and dampening its short-term sales potential. Despite the contrasting trajectories, we remain cautious about the sales prospects for both Vietnam and Thailand for the remainder of the year. Our revised full-year 2025 forecast projects that Vietnam will achieve a record 512k units, while Thailand is expected to fall to a 15-year low of 555k units. The outlook scenar...

News  Updated at: 2025/06/12

Nissan suppliers forecast lower sales for FY2026; 5 forecasting revenue declines, Trump tariffs, corporate restructuring, and “poor visibility” Six automotive parts and car body manufacturers that primarily do business with Nissan Motor Co., Ltd., have released their financial forecasts for the fiscal year ending March 2026, and five of them said their revenues were expected to decline. As for net profits, one company predicts an increase in ...

News  Updated at: 2025/05/23

U.S. manufacturing output falls due to weak auto production in April On May 15, the U.S. Federal Reserve said that U.S. manufacturing production fell more than expected in April amid a sharp decline in motor vehicle output, and the sector could struggle to regain its footing in Q2 because of tariffs. Factory output dropped 0.4% in April after an upwardly revised 0.4% gain in March. Economists had forecast production would fall 0.2% in April. The ...

News  Updated at: 2025/05/16

ent 114 to around 100 through the consolidation or closure of bases and reducing the inventory balance by JPY 20 billion per year through centralized stock control. In regional strategies, the company will respond to a slowdown in the Chinese market, improve capacity utilization by “restructuring productions” and optimize business sizes. JTEKT has already carried out reforms such as the sale of its needle roller bearing business in Europe and...

News  Updated at: 2025/05/15

GM to increase production in existing U.S. plants, hold pricing steady On April 29, after issuing the company’s Q1 2025, GM CEO Mary Barra said the company’s new guidance following the White House’s announcements on tariffs anticipates EBIT being in the range of USD 10-12.5 billion in 2025, rather than the previously forecast USD 13.7-15.7 billion, to take into account USD 4 billion to USD 5 billion in tariff exposure. To blunt the impact o...

News  Updated at: 2025/05/03

Porsche revises 2025 forecast due to U.S. tariffs and EV market challenges On April 28, Porsche AG has revised its 2025 outlook mainly due to adjusting its global supply strategy due to growing geopolitical challenges. This is especially in China, where weak demand for electric luxury cars is expected to impact 2025 performance. New US import tariffs will hurt sales in April and May 2025, and this impact is included in the updated forecast. Howev...

News  Updated at: 2025/04/29

plan, including such policies. Asahi Kasei positions the Energy & Infrastructure, which includes separators, the Car Interior, and Electronics, as its growth areas, and expects to generate operating income of JPY 85 billion in FY2027 in the material sector. Then in FY2030, it will launch full-scale production of separators to add JPY 50 billion, according to its scenario. In the midterm business plan, the company plans to generate sales of JPY 3....

News  Updated at: 2025/04/11

GlobalData blog: GlobalData reduces US light vehicle sales outlook following tariff announcements Under the current tariff implementation, significant risk would be also added to GlobalData's North American LV production forecast GlobalData has carried out detailed analysis on the likely impact of tariffs on automotive imports to the US, including both finished Light Vehicles (LVs) and automotive parts. The following represents a summary of the t...

News  Updated at: 2025/04/10

Rivian Q1 production up 4.5%, deliveries down 36.4% for Q1 2025 On April 2, Rivian Automotive announced production and delivery totals for the quarter ending March 31, 2025.  The company produced 14,611 vehicles at its manufacturing facility in Normal, Illinois (up 4.5% from Q1 2024) and delivered 8,640 vehicles (down 36.4%) during the same period. The diminished delivery numbers reflect less van uptake by its customer and key investor, Amazon, ...

News  Updated at: 2025/04/03

GM halts production at Alvear plant in Argentina due to low demand in Brazil On March 25, General Motors confirmed a temporary production halt at its Alvear plant in Santa Fe, Argentina, due to a sharp decline in vehicle exports to Brazil, its main international market. The suspension began on March 25 and will continue until April 14, affecting the Chevrolet Tracker, the sole model produced at the facility. While Argentina's domestic market is s...

News  Updated at: 2025/03/28

nting with LFP prismatic cells. Korean battery manufacturers expect that LFP will attract entry-level Battery Electric Vehicle (BEV) ranges in the coming years. Solid-state and sodium-ion batteries are also on the agenda for Korean manufacturers. Samsung SDI is currently trialing sodium-ion battery production and plans to commence mass production around 2027. It also aims to begin pilot production of solid-state batteries this year and expects co...

News  Updated at: 2025/03/14

d never before achieved in the company’s history.  The company uses its EV strategy with Ampere to democratize EV & Software in Europe. Another factor pointed out by Mr. De Meo is the fact that after the company’s restructuring, there is a 90% capacity utilization in its facilities, optimizing production and development.  The company also focused in accelerating the production and development of EVs, with the Twingo E-Tech Electric having b...

News  Updated at: 2025/02/21

lobal supply disruptions, the market rebounded strongly and registered record volumes for the second consecutive year.  The stellar performance can be attributed to a catch-up in supply, as well as growing demand for SUVs and Electric Vehicles (EVs). Australia is a 100% import market with no local production taking place since 2017, when the last remaining automakers – GM Holden and Toyota – closed their plants. Their exit came as it was no ...

News  Updated at: 2025/02/14

64.0 billion. Net revenue and profits decreased year on year due to a decrease in unit sales, an increase in sales incentives, and inflation. Net income attributable to owners of the parent decreased 98.4% to JPY 5.1 billion. Global retail vehicle sale was 2.397 million units, down 1.8% YoY. Global production was down 9.2% to 2.301 million units. Nissan has revised downward its full year outlook for fiscal year 2024 (April 1, 2024-March 31, 2025)...

News  Updated at: 2025/02/14

Three medium sized Toyota Group parts suppliers revise FY 2024 financial outlook upward Five medium sized Toyota Group parts suppliers announced their financial outlook for the fiscal year that ends in March 2025 (FY 2024) on January 30. Due to factors such as the depreciation of the yen, passing cost increases onto their product prices, and increased production, Futaba Industrial Co., Ltd. (Futaba Industrial), Aisan Industry Co., Ltd. (Aisan Ind...

News  Updated at: 2025/02/03

Malaysian new car sales increase by 2.1%, and production increases by 2.0% in 2024 Malaysian Automotive Association (MAA) announced that new car sales of 81,735 units in December increased by 4.2% over the same month in 2023. PV (passenger vehicles) sales were increased 3.1% to 73,052 units. CV (commercial vehicles) sales were increased 15.1% to 8,683 units. Total sales in 2024 increased 2.1% from the same period in 2023 to 816,747 units. PVs sal...

News  Updated at: 2025/01/27

SEMI’s forecast: 18 new semiconductor fabs to start construction in world in 2025 SEMI (headquartered in California, the U.S.), an international organization made up of semiconductor-related companies, has announced that the construction of 18 new semiconductor fabs is expected to begin globally in 2025. The new construction projects are supported by demand from the automotive, IoT and power electronics industries. Most of the new projects are ...

News  Updated at: 2025/01/20