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China’s June vehicle production, sales volumes increase 11.4% y/y, 13.8% y/y, respectively
AM) announced China’s vehicle production and sales results for June 2025. According to the CAAM, in the first half of 2025, China’s automobile market stayed in good shape, with multiple economic indicators growing by double digits year-over-year (y/y). Boosted by the national trade-in policies, domestic demand improved remarkably and provided robust support for overall market growth. New Energy Vehicle (NEV) production and sales volumes maint...
News Updated at: 2025/07/14
India plans incentive scheme for rare earth magnet production
India plans incentive scheme for rare earth magnet production On July 11, multiple sources reported that the Ministry of Heavy Industries stated that the Indian government is working on a scheme to incentivise domestic magnet production. It is currently under inter-ministerial consultation. It will have a financial allocation of INR 13.45 billion. Based on multiple sources ...
News Updated at: 2025/07/11
Scania halts production for 14 days at Tucman plant in Argentina
on is attributed to a sharp drop in demand and commercial difficulties with Brazil, which accounts for 95% of the plant’s exports of gearboxes, axles, and components. Some other factor affecting the situation are Brazil’s own production slowdown and Argentina’s volatile exchange rate and weak domestic consumption. This is the second stoppage of the year, bringing the total number of inactive days to 21. The company had previously agreed wit...
News Updated at: 2025/07/11
Chery consolidates operations in China into four divisions
Chery consolidates operations in China into four divisions According to multiple press releases dated July 7, Chery, for strategic goals and development needs, established on the same day a business group in China for domestic operations, which comprises the Exeed, Aihu, Fulwin, and QQ divisions. Exeed stays unchanged as a Chery high-end sub-brand, while its organizational structure and functions have been incorporated into the new business group...
News Updated at: 2025/07/10
Mexican auto parts production reaches USD 38 billion by April 2025
Mexican auto parts production reaches USD 38 billion by April 2025 On July 7, 2025, INA reported that Mexico captured 43.21% of total U.S. imports in the auto parts sector during the first four months of 2025. From January to April, Mexico's domestic production of auto parts reached USD 38.2 billion. Electrical components led the segment with USD 7.33 billion, followed by transmissions and clutches (USD 3.84 billion), interior parts like fabrics ...
News Updated at: 2025/07/10
Daimler Truck announces cost cutting and growth strategy ‘Stronger 2030’
lude an adjusted ROS of over 12%, with a target range of 9% to 13%. It also expects organic revenue growth of 3% to 5% per year until 2030. Its growth strategy includes four priorities: doubling defense sector sales, selling over 25,000 zero-emission trucks in Europe by 2030, expanding in India’s domestic and export markets, and growing its profitable services business. Due to changing external factors like energy prices, subsidies, and regulat...
News Updated at: 2025/07/09
China Passenger Car Association analysis of production and sales volumes for June 2025
une retail sales volumes of passenger cars totaled 2.084 million units, reflecting a year-over-year (y/y) increase of 18.1%. Year-to-date (YTD) retail sales volume totaled 10.901 million units, up 10.8% y/y. Luxury car retail sales volumes totaled 230,000 units, down 7% y/y. Retail sales volumes of domestic brands totaled 1.34 million units, up 30% y/y. Domestic brands had a market share of 64.2% of the total, up 5.6 percentage points y/y Retail ...
News Updated at: 2025/07/09
KU–NSTDA to advance future automotive tech and clean energy vehicles in Thailand
vations. This collaboration aims to (i) develop prototypes of clean energy vehicles such as FCEVs and HCEs, (ii) create tools and testing methods to ensure safety, (iii) raise the standards of alternative energy vehicles to meet international benchmarks, and (iv) pursue research funding from both domestic and international sources. Additionally, the Department of Mechanical Engineering presented an overview of the cooperation’s background, ...
News Updated at: 2025/07/09
Proton, Malaysia posts group sales of 72,156 units in H1 2025 (domestic, export, smart, e.MAS)
Proton, Malaysia posts group sales of 72,156 units in H1 2025 (domestic, export, smart, e.MAS) Announced on July 7, 2025, Proton, Malaysia reported H1 2025 sales of 72,156 units sold across the group (domestic, export, smart, Proton e.MAS), securing the second-highest position in Malaysia’s automotive market. June sales totaled 11,069 units, showing slight YoY growth and raising the company’s monthly market share to 20.7%, compared to a year-...
News Updated at: 2025/07/08
Russia discusses prospect of lithium mining in Republic of Tyva
Russia discusses prospect of lithium mining in Republic of Tyva On July 6, the First Deputy Prime Minister of Russia visited the Republic of Tyva and discussed the development of the Tastygskoye deposit to produce lithium concentrate. It can cater to both domestic as well as overseas markets. The Tastyg deposit in Tyva is one of the largest lithium deposits in Russia. Based on press release from the Government of Russia ...
News Updated at: 2025/07/07
Marvan Otomotiv, Turkiye begins parts production for TOGG T10F
Marvan Otomotiv, Turkiye begins parts production for TOGG T10F On June 27, Marvan Otomotiv announced that it has started producing parts for the new model of Türkiye’s domestic and national car, the TOGG T10F. The company has also completed the training for the high-tech equipment recently integrated into its production line. Marvan Otomotiv is a manufacturer of rubber and plastic parts for the automotive sub-industry and other sectors. It sup...
News Updated at: 2025/07/07
German passenger car sales down 13.8% in June, EV up 8.6%, PHV up 66.4%
w registrations for hydrogen drive systems. Average CO2 emissions decreased by 10.3% to 107.1 g/km. Truck registrations in June were down 33.3% year-on-year to 26,364 units and bus registrations were down 25.8% to 504 units. According to the German Association of the Automobile Manufacturers (VDA), domestic passenger car production in June was up 3% to 359,700 units and exports of passenger cars were up 5% to 274,700 units. Production increased 4...
News Updated at: 2025/07/04
Amtel Cellular announces vehicle assembly venture in Malaysia
Amtel Cellular announces vehicle assembly venture in Malaysia On July 2, 2025, Amtel Holdings Berhad (AMTEL), Malaysia, announced that its wholly owned subsidiary, Amtel Cellular Sdn. Bhd. (AMCSB), will embark on a new venture in the manufacturing and assembly of motor vehicles for both domestic and international markets. The initiative will involve assembling vehicles using a combination of imported and locally sourced components, with a focus o...
News Updated at: 2025/07/04
Brazilian government raises import taxes on EVs
ids, 28% for plug-in hybrids, and 25% for fully electric vehicles. These rates will rise to 35% for all categories by July 2026. The Brazilian Association of Automotive Vehicle Manufacturers (ANFAVEA) has advocated for an earlier reinstatement of the 35% rate, arguing that prolonged exemptions harm domestic manufacturing by favoring imports. (Multiple sources on July 1, 2025)...
News Updated at: 2025/07/04
Exide Industries, India updates about key R&D advancements in EV and AGM battery technologies in FY 2025
–25 annual report, Exide Industries Limited reported key developments in its automotive battery R&D initiatives. Its major advancements during the year were the development of auxiliary (Aux) batteries for electric vehicles (EVs) and the SLI AGM (absorbent glass mat) battery range for exports and domestic OEMs. With technical support from Furukawa, Exide developed an Aux battery that has been approved by a major OEM for use in an upcoming elect...
News Updated at: 2025/07/03
XPeng commences first EV production outside China at PT HIM’s Purwakarta plant, Indonesia
vering the full production cycle, from assembly to final testing. The facility is expected to be fully operational by July 2025. Beyond manufacturing, the initiative supports key national priorities such as technology transfer, cultivation of skilled local talent, job creation, and reinforcement of domestic supply chains. These efforts play a vital role in advancing Indonesia’s energy transition and its commitment to achieving a net-zero emissi...
News Updated at: 2025/07/03
New vehicle sales by 5 major OEMs in South Korea increase 5.0% in June
New vehicle sales by 5 major OEMs in South Korea increase 5.0% in June Five Korean automakers announced domestic new vehicle sales in June. New vehicle sales in South Korea increased by 5.0% compared to the same month in the previous year to 117,390 units. Although exports saw a slight decline, domestic sales were buoyed by the extension of the individual consumption tax cut on passenger cars. As a result, total global sales posted a modest incre...
News Updated at: 2025/07/02
South Africa auto sales up 18.7% in June, up 13.6% in H1 2025
1.4% share). Sales to dealers accounted for 85.9%, sales to vehicle rental industry 8.2%, sales to corporate fleets 3.2%, and sales to government 2.7%. Exports in June increased by 7.9% y/y to 33,696 units. According to NAAMSA, "The first half of 2025 has shown just how resilient and responsive our domestic market truly is. Strong consumer demand, supported by positive economic fundamentals, has helped the automotive sector deliver impressive gro...
News Updated at: 2025/07/02
Tata Motors, India sold 65,019 units in domestic markets in June 2025
Tata Motors, India sold 65,019 units in domestic markets in June 2025 On July 1, Tata Motors Limited announced that its total sales in the domestic markets in June 2025 stood at 65,019 units, decreasing by 12% year-on-year (YoY) compared to 74,147 units in June 2025. Its total passenger vehicles domestic (including EV) sales stood at 37,083 units in May 2025, decreasing by 15% YoY compared to 43,524 last year. It sold 5,228 electric vehicles (...
News Updated at: 2025/07/01
Vietnamese government to promote domestic production of automotive parts
Vietnamese government to promote domestic production of automotive parts Mr. Vu Ba Phu, Director General of the Viet Nam Trade Promotion Agency (VIETRADE), announced at the “Automechanika Ho Chi Minh City 2025” international automotive exhibition held from June 19 to 21 that the government aims to increase the domestic production ratio of automotive parts such as replacement parts from the current 10% to 55-60% by 2030. For the mid- and long-...
News Updated at: 2025/07/01