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Tesla slashes tariff prices, imports Model Y from Germany to Canada
rice of the Model Y, Tesla’s other vehicles in Canada have maintained their tariff-pricing and have seen no price reductions. This indicates that Tesla has decided to import the Model Y from Gigafactory Berlin, which only produces the Model Y. The fact that Tesla is talking about deliveries in “Sep – Oct 2025” for new orders also supports that the vehicles are coming from overseas. (multiple sources on July 11, 2025)...
News Updated at: 2025/07/12
EU supports joint patent licensing negotiations for automotive sector
EU supports joint patent licensing negotiations for automotive sector On July 9, the European Commission issued an informal guidance letter supporting the creation of the Automotive Licensing Negotiation Group (ALNG) that would jointly negotiate licences for technologies covered by standard essential patents (SEPs). The aim is to increase competitiveness in the EU’s automotive sector, as part of the Industrial Action Plan for the industry annou...
News Updated at: 2025/07/10
U.S. auto sales down 5.6% in June; Japanese and European brands with high ratio of imports show significant sales decline
lux, and the possibility of an upward swing cannot be ruled out, depending on the outcome. By vehicle type, sales of light trucks were down 3.2% y/y to 1,040,714 units, while passenger cars were down 15.9% y/y to 218,323 units. Seasonally adjusted at annual rates (SAAR) 2024Jun Jul Aug Sep Oct Nov Dec 2025Jan Feb Mar Apr May Jun SAAR(millions/year) 15.0 15.8 15.1 15.8 16.1 16.7 16.9 15.5 16.0 ...
News Updated at: 2025/07/03
U.S. auto sales up 1.4% in May, rush buying before tariff hikes slows
concerns that the front-loaded demand may lead to a market slowdown from June onward. By vehicle type, sales of light trucks were up 4.9% y/y to 1,214,980 units, while passenger cars were down 12.8% y/y to 253,652 units. Seasonally adjusted at annual rates (SAAR) 2024May Jun Jul Aug Sep Oct Nov Dec 2025Jan Feb Mar Apr May SAAR(millions/year) 15.8 15.0 15.8 15.1 15.8 16.1 16.7 16.9 15.5 16.0 ...
News Updated at: 2025/06/04
U.S. auto sales up 9.9% in April on rush demand, inventory decline and price hikes concerns going forward
ce hikes, and new vehicle sales in April were up almost double digits y-o-y. By vehicle type, sales of light trucks were up 15.0% y-o-y to 1,212,191 units, while passenger cars were down 9.7% y-o-y to 251,302 units. Seasonally adjusted at annual rates (SAAR) 2024Apr May Jun Jul Aug Sep Oct Nov Dec 2025Jan Feb Mar Apr SAAR(millions/year) 16.0 15.8 15.0 15.8 15.1 15.8 16.1 16.7 16.9 15.5 16.0...
News Updated at: 2025/05/02
U.S. auto sales up 9.1% in March as pre-tariff rush boosts new car sales
illion units versus 15.7 million units one year ago. Looking at March sales by vehicle type, light truck sales were up 11.1% y/y to 1,280,136 units, while passenger car sales were up 1.4% y/y to 311,574 units. Seasonally adjusted at annual rates (SAAR) 2024Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2025Jan Feb Mar SAAR(millions/year) 15.7 16.0 15.8 15.0 15.8 15.1 15.8 16.1 16.7 16.9 15.5 16....
News Updated at: 2025/04/02
U.S. auto sales down 2.3% in February, additional tariffs on Mexico and Canada cause for concern
lready facing tight inventory conditions. Looking at February sales by vehicle type, light truck sales were up 0.8% y/y to 1,001,027 units, while passenger car sales were down 14.1% y/y to 220,836 units. Seasonally adjusted at annual rates (SAAR) 2024Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2025Jan Feb SAAR(millions/year) 15.7 15.7 16.0 15.8 15.0 15.8 15.1 15.8 16.1 16.7 16.9 15.5 16...
News Updated at: 2025/03/04
U.S. auto sales up 3.8% in January, fourth consecutive month of gains
is expected to further increase demand for hybrid vehicles (HVs). By vehicle type, sales of light trucks were up 8.9% y-o-y to 919,290 units, while passenger cars decreased 15.2% to 193,654 units. Seasonally adjusted at annual rates (SAAR) 2024Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2025Jan SAAR(millions/year) 15.0 15.7 15.7 16.0 15.8 15.0 15.8 15.1 15.8 16.1 16.7 16.9 15.6 ...
News Updated at: 2025/02/04
EA, Thailand pauses vehicle assembly business, scales down battery business in 2024
bal player in these sectors can help EA become more competitive and enable it to penetrate markets beyond Thailand. And second, EA must commit less of its capital to such fast-change sectors that offer very limited time to recoup investments. EA’s disclosures showed that its cashflow during Jan - Sep 2024 is at a strong positive THB 5,610 million, improving from a negative THB 1,726 million for the same period in 2023. Net profit for the first ...
News Updated at: 2025/01/14
U.S. auto sales up 2.0% in December, up 2.3% for full year to 15.98 million units
r or not they have those vehicles in their lineups. By vehicle type, December sales were 1,226,784 units for light trucks (up 4.3% y/y) and 267,992 units for passenger cars (down 7.3% y/y). Seasonally adjusted at annual rates (SAAR) 2023Dec 2024Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec SAAR(millions/year) 15.9 15.0 15.7 15.7 16.0 15.8 15.0 15.8 15.2 15.8 16.1 16.6 16.8 (Source...
News Updated at: 2025/01/06
U.S. auto sales up 9.8% in November, double-digit gains for Honda and Korean companies
lion units versus 15.5 million units one year ago. By vehicle type, sales of light trucks were up 14.3% y-o-y to 1,122,643 units, while passenger cars decreased 7.2% to 241,325 units. Seasonally adjusted at annual rates (SAAR) 2023Nov Dec 2024Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov SAAR(millions/year) 15.5 15.9 15.0 15.7 15.7 16.1 15.9 15.0 15.9 15.3 15.8 16.3 16.5 (Source: Bure...
News Updated at: 2024/12/04
Global EV battery installation Jan-Sep up 23.4%, CATL on top with 36.7% share
Global EV battery installation Jan-Sep up 23.4%, CATL on top with 36.7% share On November 6, SNE Research announced monthly power battery data for global electric vehicles (BEV, PHEV, HEV) sold in September 2024. For January to September, the global battery installation increased 23.4% to 599 GWh. By national origin among top 10 suppliers, Chinese manufacturers accounted for 64.9% of sales, followed by Korean manufacturers at 20.9% and Japanese m...
News Updated at: 2024/11/06
U.S. auto sales up 9.5% in October, double-digit gains for GM and Ford
e presidential election on November 5. By vehicle type, sales of light trucks were up 11.7% y-o-y to 1,078,579 units, while passenger cars increased 1.0% y-o-y to 248,728 units. Seasonally adjusted at annual rates (SAAR) 2023Oct Nov Dec 2024Jan Feb Mar Apr May Jun Jul Aug Sep Oct SAAR(millions/year) 15.3 15.5 15.9 15.0 15.7 15.7 16.1 15.9 15.0 15.9 15.3 15.8 16.0 (Source: Bureau of ...
News Updated at: 2024/11/05
Gaikindo: Indonesia's vehicle exports in Jan – Sep 2024 hit by global economic uncertainty
Gaikindo: Indonesia's vehicle exports in Jan – Sep 2024 hit by global economic uncertainty Announced on October 25, 2024, Indonesia’s vehicle exports (CBU units) during the first 9 months of 2024 slid by 9.6% YoY to reach 343,223 units amid global economic uncertainty, according to data from the Association of Indonesian Automotive Industries (Gaikindo). One of the manufacturers, PT Honda Prospect Motor (HPM), also saw its exports drop by 54....
News Updated at: 2024/10/31
MITI: 15,780 BEVs registered in Malaysia in Jan – Sep 2024; Over 3,000 public chargers installed to date
MITI: 15,780 BEVs registered in Malaysia in Jan – Sep 2024; Over 3,000 public chargers installed to date Reported on October 23, 2024, the Malaysian Investment, Trade and Industry Minister (MITI) believed that Malaysia is getting closer to the target of 20% of the total industry volume comprising EVs by 2030. During the first 9 months of 2024, 15,780 BEVs were registered in Malaysia, compared to about 13,257 units recorded throughout 2023. In t...
News Updated at: 2024/10/28
Thai BOI: applications for investment promotion of auto and parts at THB 67.8 billion in Jan – Sep 2024
Thai BOI: applications for investment promotion of auto and parts at THB 67.8 billion in Jan – Sep 2024 Announced on October 21, 2024, the Thailand Board of Investment (BOI) noted around 42% increase in value of applications for investment promotion during the first 9 months of 2024 to a combined THB 722.5 billion (around USD 21.7 billion). This is the highest level since 2015. (The adjusted investment value of the projects applied in the first...
News Updated at: 2024/10/24
EU passenger car sales down 4.2% in September 2024
EU passenger car sales down 4.2% in September 2024 On October 22, the European Automobile Manufacturers Association (ACEA) announced new passenger car registrations for September 2024. Passenger car sales in the European Union (EU), European Free Trade Association (EFTA), and the United Kingdom (UK) decreased 4.2% year-on-year to 1,118,083 units in September, while year-to-date sales increased 1.0% to 9,779,605 units.September sales in the EU dec...
News Updated at: 2024/10/23
China’s September vehicle production, sales volumes decrease 1.9% y/y, 1.7% y/y, respectively
China’s September vehicle production, sales volumes decrease 1.9% y/y, 1.7% y/y, respectively On October 12, the China Association of Automobile Manufacturers (CAAM) announced China’s vehicle production and sales results for September 2024. In Q3 2024, with China strengthening national support for vehicle scrapping and renewal subsidies, regional vehicle replacement and renewal policies taking effect, and automakers launching new models for f...
News Updated at: 2024/10/15
GWM announces Jan-Sep 2024 sales results
GWM announces Jan-Sep 2024 sales results On October 8, Great Wall Motor (GWM) announced September sales results on the Shanghai Stock Exchange (SSE). In September, the automaker sold 108,398 vehicles, down 10.9% year-over-year (y/y). Year-to-date (YTD) vehicle sales totaled 853,813 units, down 1.2% y/y. By brand: Haval’s September and YTD sales were 62,900 units and 471,748 units, down 14.7% y/y and 4.9% y/y, respectively. WEY’s September and...
News Updated at: 2024/10/10
Changan Auto announces Jan-Sep 2024 sales results
Changan Auto announces Jan-Sep 2024 sales results On October 8, Changan Auto announced September sales results on the Shenzhen Stock Exchange (SZSE). In September, the automaker sold 213,180 vehicles, down 10.0% year-over-year (y/y). Year-to-date (YTD) vehicle sales totaled 1,904,979 units, up 1.9% y/y. For independent brands: Chongqing Changan’s September and YTD sales were 78,883 units and 815,107 units, down 13.3% y/y and 2.4% y/y, respectiv...
News Updated at: 2024/10/09