ecast 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 the new figure. The association had previously signaled a revision would follow the Permata Bank–GAIKINDO Jakarta Auto Week (GJAW) 2025 event. Earlier, GAIKINDO projected 850,000–900,000 units, but soft m...

News  Updated at: 2025/12/04

d 1.68 million units, down 5.6% YoY, primarily due to decline in Asia, centered on China. Motorcycles sales totaled 10.763 million units, up 3.7% YoY. Honda expects automobile sales volume of 3.34 million units in FY2025, revised from the previous forecast of 3.62 million units, reflecting downward revision in sales volume in Asia and North America. For the full-year outlook, the sales revenue was revised to JPY 20.7 trillion, down 4.6% YoY, lowe...

News  Updated at: 2025/11/10

ocally-assembled (CKD) vehicles. The deputy finance minister confirmed that the government is gathering relevant data and exploring measures to limit possible price increases when the revised regulation comes into force. The changes, under PU(A) 402/2019, have now been deferred to January 2026. The revision expands excise duties beyond manufacturing costs to include sales, marketing, administrative expenses, and profit. While initial indications ...

News  Updated at: 2025/11/10

first decline in operating profit in five years due to foreign exchange impacts and rising raw material costs. Net income attributable to owners of the parent decreased 11.3% to JPY 192.8 billion. In India, Suzuki’s key market, domestic sales declined due to a purchasing restraint before the GST revision. However, by shifting focus to exports to high-demand regions such as Japan and Africa, overall sales exceeded the previous year. Sales in do...

News  Updated at: 2025/11/06

Toyota H1 FY2025 operating income down 18.6%, makes upward revision to full-year forecast On November 5, Toyota announced its consolidated sales revenues for the first half of fiscal year ending on March 31, 2026 increased by 5.8% year-on-year (YoY) to JPY 24,631 billion. Operating income decreased by 18.6% YoY to JPY 2,006 billion. Operating income was negatively impacted by JPY 390 billion due to exchange rate fluctuations and by JPY 900 billio...

News  Updated at: 2025/11/06

Nissan revises H1 forecast and full-year guidance, projecting JPY 275 billion operating loss for FY2025 On October 30, Nissan Motor announced a revision to its financial outlook for the first half of FY2025 and provided full-year guidance for FY2025 ending March 31, 2026. Compared to the previous outlook, the forecast for operating loss for the first six months of FY2025 has been lifted from JPY 180 billion to JPY 30 billion. This is primarily du...

News  Updated at: 2025/10/31

s set in its current mid-term business plan for the period ending in March 2027 (FY2026). Compared to the previous figures announced in March 2024, the sales target was reduced by JPY 120 billion to JPY 930 billion, and the operating profit target by JPY 27.5 billion to JPY 56 billion. The downward revision was due to the decline in global automobile production due to the impact of certification fraud by Japanese automakers and US tariff policies...

News  Updated at: 2025/10/30

ering areas such as general recycling requirements and dismantling norms for power batteries, recycling and reuse of power batteries, and recycling of lithium-ion waste. Next, the SAMR will accelerate the establishment of a standard system for power battery recycling and promote the formulation and revision of national standards for the green design, residual energy detection, discharging, storage, and directional recycling of power batteries. Fr...

News  Updated at: 2025/10/23

e is only around 1% and according to Mazda, the company did so after considering several industry-wide factors, including customer purchasing trends, competitive environments, and tariffs. The two models being affected by the price hike are both the 2025 year models, and it will be a mid-year price revision with no model year change. In the case of the CX-5, the price will be raised by USD 280 (JPY 40,000) to USD 29,050 (JPY 4.3 million). The aut...

News  Updated at: 2025/09/08

o 15%, and simplify Japan’s certification proceeding for U.S.-made imported vehicles such as acceptance without additional tests. The Ministry plans to take new measures to ensure safety and security for imported cars that do not require additional tests. It will request the budget for the system revision separately since there are many uncertain factors surrounding it. (From an article in the Nikkan Jidosha Shimbun on August 27, 2025)...

News  Updated at: 2025/08/27

asts for the fiscal year ending March 31, 2026 (April 1, 2025 through March 31, 2026), Toyota maintained its previous revenue forecast of JPY 48.5 trillion, up 1.0% YoY. However, it lowered its operating income forecast to JPY 3.2 trillion, down 33.3% YoY. This represents a JPY 600 billion downward revision from the previous forecast. Net income attributable to Toyota Motor Corporation is projected to decline 44.2% to JPY 2.66 trillion. The impac...

News  Updated at: 2025/08/07

ives in US. Profit for the period attributable to owners of the parent was JPY 196.7 billion, down 50.2% from Q1 of FY2024. Automobile unit sales decreased by 3.5% y/y to 839 thousand units, primarily due to a decline in sales in China and ASEAN regions. For the full-year outlook, Honda made upward revision, expecting sales revenue of JPY 21.1 trillion, operating profit of JPY 700.0 billion, operating margin of 3.3%, profit for the fiscal year at...

News  Updated at: 2025/08/07

7. The reduction follows a July 31 executive order by President Trump that amended tariff rates under the U.S. reciprocal trade framework for select countries. The move marks a reversal from earlier plans: a 24% tariff was initially introduced in April, then raised to 25% in July before this latest revision. Data from the U.S. Trade Representative (USTR) shows that American imports from Malaysia totaled USD 52.5 billion in 2024, driven largely by...

News  Updated at: 2025/08/01

Thai EV Board eases compliance rules through EV3 and EV3.5 program revisions Announced on July 30, 2025, Thailand’s National EV Policy Committee approved changes to the EV3 and EV3.5 incentive schemes, giving automakers greater flexibility in meeting local production and registration requirements while reinforcing Thailand’s ambitions as a regional EV manufacturing base. A key revision allows each EV produced for export to count as 1.5 units ...

News  Updated at: 2025/07/31

n units (a reduction of 50,000 units). The adjustment mainly affects production for export, which has been cut by 5%, from 1 million to 950,000 units. Meanwhile, the vehicle production projection for domestic sales remains unchanged at 500,000 units. Several factors have contributed to the downward revision of the production for export forecast: U.S. tariff measures that could affect global trade, combined with economic slowdowns in key export m...

News  Updated at: 2025/07/24

Tofas, Turkiye to suspend production at Bursa plant for annual leave and maintenance activities On July 9, Tofas Turk Otomobil Fabrikası A.S. announced that production at its Bursa factory will be suspended from July 28 to August 17, 2025, due to planned annual leave and maintenance-repair activities. During this period, only essential maintenance and revision works will be carried out by designated on-duty personnel at the facility. While the...

News  Updated at: 2025/07/10

hama City) on June 24. Discussions at the meeting became contentious as shareholders questioned the responsibility of independent outside directors and former management members for worsened business conditions and submitted unscheduled motions. Five items were proposed by shareholders, including a revision of the compensation system for directors, all of which were rejected. Nissan’s former President Makoto Uchida, who was repeatedly asked to ...

News  Updated at: 2025/06/25

ACEA urges swift action on EU Weights & Dimensions reform to enable zero-emission trucks On June 5, the European Automobile Manufacturers’ Association (ACEA) expressed serious concern over the lack of progress in revising the EU's Weights & Dimensions Directive. The revision is key to helping zero-emission trucks and buses enter the market in large numbers. Updating rules on vehicle weight, axle weight, and length limits is vital so that electr...

News  Updated at: 2025/06/06

collaboration with the private sector, to allow the Japanese automotive industry to maintain high international competitiveness for the era of intelligent vehicles. The Ministry is aiming to increase Japanese automakers’ share in the global software-defined vehicle (SDV) market to 30%. Its draft revision will encourage automakers to collaborate in the field of autonomous driving artificial intelligence (AI), based on the rise of rule-based aut...

News  Updated at: 2025/06/02

Honda 2025 Business update: realigning automobile electrification strategy On May 20, Honda held a press briefing on realigning its automobile electrification strategy. As for EVs, due to the revision of the product launch plan considering the recent market slowdown, the Honda global EV sales ratio in 2030 is now expected to fall below the previously announced target of 30%. Honda will position its HEVs, as the powertrain that will play a key rol...

News  Updated at: 2025/05/20