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Volvo Group sees North American trucking slump through 2026 amid tariffs
h America and South America impacted sales negatively. Volvo said it expects trucking demand in North America to remain under pressure into 2026, as weak freight activity and President Trump's tariffs weigh on the market. The company, which also makes construction equipment and engines, lowered its forecast for the North American truck market while keeping its European view unchanged. The company’s shares fell 8% on the news, to six-month low. ...
News Updated at: 2025/10/18
Brazilian vehicle sales up 2.9% to 243,230 units in September 2025 (ANFAVEA)
ged 200.6% to 11,564 units (5.0%), plug-in hybrid vehicles increased 54.4% to 7,386 units (3.2%) and electric vehicles soared 74.0% to 8,195 units (3.5%). Cumulative sales for the nine months of the year were up 2.8% y/y to 1,910,937 units. On September 17, Scotiabank maintained its previous August forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026. Faced with more expensive credit, sales t...
News Updated at: 2025/10/09
BMW Group's global sales up 2.4% in YTD September 2025, updates 2025 financial outlook
till assumes the EU-US agreement to cut tariffs from 10% to 0% on the import of vehicles and auto parts into the EU will take effect on August 1, 2025. Considering these factors, BMW expects its 2025 Automotive EBIT margin to stay within 5%-7%, specifically between 5%-6%. The Automotive RoCE is now forecast at 8%-10% (previously 9%-13%), and Group earnings before tax are expected to decline slightly year over year. Based on BMW press release (1/ ...
News Updated at: 2025/10/08
Stellantis production in Italy decline by 31.5% in first nine months of 2025
assenger cars and commercial vehicles, i.e., down of 31.5% YoY. Passenger car output dropped 36.3% YoY to 151,430 units, while commercial vehicle production fell 23.9% YoY to 114,060 units in YTD 2025. Production for 2025 is expected to decline by about one-third compared to 2024, with total output forecast just above 310,000 units and passenger car production below 200,000. Nearly half of the company’s workforce is currently on unemployment be...
News Updated at: 2025/10/08
Brazilian vehicle sales increase 2.9% in September 2025 (Fenabrave)
iat Toro with 5,174 units, Toyota Hilux with 4,066 units, Ford Ranger with 3,114 units, Chevrolet S10 with 2,793 units, and Fiat Fiorino with 2,384 units. Cumulative sales for the nine months of the year were up 2.8% y/y to 1,910,519 units. On September 17, Scotiabank maintained its previous August forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026. Faced with more expensive credit, sales t...
News Updated at: 2025/10/04
The Japanese government to revise CEV subsidy program
program for charging facilities. Both of these are matters that the U.S. indicated as non-tariff barriers in the tariff negotiations between Japan and the U.S. Although the tariff on passenger cars exported from Japan has been reduced from 27.5% in the spring to 15%, the Japanese government cannot forecast the U.S. Trump administration’s moves and will step up efforts to avoid a rehash of an argument over high tariffs. The CEV subsidies are de...
News Updated at: 2025/09/26
U.S. OEMs call for EPA to ease tailpipe emissions rules signed in June
charging infrastructure, supply chain, affordability, and other challenges as well as recent policy changes enacted,” the group said. The 2024 rules enacted under Joe Biden aim to cut passenger vehicle fleetwide tailpipe emissions by nearly 50% by 2032 compared with 2027 projected levels. The EPA forecast between 35% and 56% of new vehicles sold between 2030 and 2032 would need to be electric. OEMs argue the EPA should still rewrite the Biden r...
News Updated at: 2025/09/25
Toyota engine plant halts operations in Brazil due to storm damage
rong winds hit several regions of the state. The factory’s roof was heavily impacted, and although there were reports of minor injuries among employees, no fatalities occurred. Toyota confirmed that the structural damage was “severe” and that production has been suspended, with no immediate forecast for resumption. The plant, inaugurated in 2016, is the company’s only engine factory in Latin America and supplies powertrains for all Toyo...
News Updated at: 2025/09/24
Porsche realigns product strategy, focus on profitability over EV growth
only partly. It now targets a medium-term return on sales in the double digits, up to 15%, at the lower end of earlier expectations.The EV platform delay will bring depreciation and provisions of up to EUR 1.8 billion in 2025, weighing on operating profit. As a result, Porsche has revised its 2025 forecast: Sales revenue: EUR 37–38 billion (unchanged) Return on sales: up to 2% (previous forecast: 5–7%) Net cash flow margin: 3–5% (unchange...
News Updated at: 2025/09/22
Mitsui High-tec to keep high levels of investment in EV motor core business
tment in its motor core-related business for electric vehicle (EV) drive motors. The motor core business has been going according to the company’s plan in the first half of the fiscal year that started in February (H1 FY2025). On the other hand, Mitsui High-tec revised its FY2025 operating income forecast for the motor core business downward from JPY 10 billion to JPY 8 billion, since in the second half of the fiscal year its customers have rev...
News Updated at: 2025/09/18
Stellantis to restart third shift at Windsor Assembly Plant in Q1 2026
sor Assembly Plant ... Stellantis confirms that it will be returning the plant to a three-shift operation in early 2026, honoring a commitment made during 2023 Unifor negotiations,” said spokesperson Lou Ann Gosselin. The Windsor plant produces Chrysler minivans and Dodge Charger models. “The forecast shows increased sales for the excellent products we build, and we’ll be moving swiftly to prepare for this ramp-up in production,” James ...
News Updated at: 2025/09/11
Brazilian vehicle sales decreased 5.1% to 225,380 units in August 2025 (ANFAVEA)
s surged 174.9% to 10,619 units (4.9%), plug-in hybrid vehicles increased 24.0% to 7,051 units (3.3%) and electric vehicles jumped 49.6% to 7,643 units (3.6%). Cumulative sales for the eight months of the year were up 2.8% y/y to 1,667,707 units. On August 8, Scotiabank maintained its previous July forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026. “We have concerns about the high intere...
News Updated at: 2025/09/10
Brazilian vehicle units down 5.1% in August 2025 (Fenabrave)
its, Toyota Hilux with 3,570 units, Fiat Toro with 3,181 units, Ford Ranger with 2,628 units, Chevrolet S10 with 2,340 units, and RAM Rampage with 1,951 units. Cumulative sales for the eight months of the year were up 2.8% y/y to 1,667,295 units. On August 8, Scotiabank maintained its previous July forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026. “We have concerns about the high intere...
News Updated at: 2025/09/05
CDMS 2025: GAC Hyptec unveils first smart flagship sedan A800
yptec A800 is equipped with a 118kW engine and a lithium iron phosphate battery, delivering a top speed of 185km/h. The sedan is powered by Huawei’s Qiankun ADS 4.0 and the next-generation HarmonySpace 5 cockpit system. From GAC Hyptec press releases 1/2 and an MIIT press release Reference data: Forecast of GAC Group's plan for model change in China...
News Updated at: 2025/09/01
July vehicle sales in Thailand up 5.8%, production down 11.4% (detailed report)
affected by global economic uncertainty and stricter ADAS and fuel-efficiency regulations. Vehicle export in July was valued at THB 46.9 billion, down 16.9%. Vehicle exports in the first 7 months of 2025 reached 531,796 units, down 11.7% YoY. On July 24, FTI revised Thailand’s vehicle production forecast for 2025 from 1.5 million units to 1.45 million units. The adjustment mainly affects production for export, from 1 million to 950,000 units, ...
News Updated at: 2025/09/01
U.S. trade deficit widened sharply in July after import rush to beat tariffs
rce Department's Census Bureau announced that the U.S. trade deficit in goods widened sharply in July as imports surged, suggesting trade could be a major drag on economic growth in Q3. The goods trade gap soared 22.1% to USD 103.6 billion in July, widely surpassing the USD 89.45 billion that was forecast. Imports of goods jumped USD 18.6 billion to USD 281.5 billion, while goods exports dipped USD 0.1 billion to USD 178.0 billion. An ebb in im...
News Updated at: 2025/08/30
GlobalData blog: The rise of FHEVs across Asia-Pacific
e the right balance—offering fuel savings and lower emissions without the range or charging concerns tied to BEVs. As a result, FHEV sales are expected to comprise 20% of overall volumes in the ASEAN region by the end of this decade. Looking ahead, FHEV sales in Asia-Pacific (excluding China) are forecast to grow by 16% YoY in 2025, making up more than 15% of total LV sales. This expansion trend is expected to continue for at least the next few...
News Updated at: 2025/08/22
CPCA estimates 2025 passenger car retail sales growth at 6% y/y
CPCA estimates 2025 passenger car retail sales growth at 6% y/y On August 5, the China Passenger Car Association (CPCA) released an automobile sales forecast for the whole of 2025. The 2025 passenger car retail sales volume is estimated at 24.35 million units, increasing by 6% from the 2024 actual volume of 22.89 million units. The 2025 passenger car export volume is estimated at 5.46 million units, increasing by 14% from the 2024 actual volume o...
News Updated at: 2025/08/08
Subaru reports operating income reduced by 16.2% in Q1, forecasts JPY 210 billion tariff impact in FY2025
Subaru reports operating income reduced by 16.2% in Q1, forecasts JPY 210 billion tariff impact in FY2025 On August 7, Subaru Corporation announced that its consolidated revenue for the first quarter (Q1: April 1, 2025 through June 30, 2025) of the fiscal year ending March 31, 2026 increased by 11.2% year-on-year to JPY 1.2 trillion. Operating profit decreased 16.2% year-on-year to JPY 76.4 billion. While sales activity brought gain of JPY 57.5 b...
News Updated at: 2025/08/08
Brazilian vehicle sales increase 0.8% to 243,238 units in July 2025 (ANFAVEA)
0,229 units (4.4% share), plug-in hybrid vehicles increased 22.3% to 7,931 units (3.4% share) and electric vehicles increased 48.2% to 6,964 units (3.0% share). Cumulative sales for the seven months of the year were up 4.1% y/y to 1,442,327 units. On July 10, Scotiabank maintained its previous June forecast, estimating full-year Brazilian sales of 2.55 million units in 2025 and 2.59 million units in 2026. “The new IPI policy for automobiles has...
News Updated at: 2025/08/08