for the North American Class 8 truck market to 250,000–280,000 units (previously 260,000–290,000 units). Sales for Trucks North America are now expected between 135,000 and 155,000 units (previously 155,000–175,000 units), with an adjusted return on sales of 10% to 12% (previously 11%–13%). Forecasts for other segments remain unchanged. At the Group level, adjusted EBIT is now projected to be between EUR 3.6-4.1 billion. The industrial bu...

News  Updated at: 2025/08/01

bsidy disbursements under the EV3 and EV3.5 programs. The changes aim to enhance oversight while allowing greater flexibility and efficiency for participating manufacturers. Under the revised rules, EV3 participants who choose not to extend their compensatory production timeline must submit monthly forecasts and progress reports. Subsidy payments will be withheld until at least 50% of the required production is completed. Those opting to extend t...

News  Updated at: 2025/07/31

ine Japanese automakers for the April-June period of 2025 will be released starting July 24. The additional tariff on automobile exports to the U.S. was set at 12.5%, down from 25%, and attention is now focused on how each automaker will reflect the impact of the tariff in their full-year financial forecasts. In the full-fiscal-year outlooks released in May, three automakers — Nissan Motor Co., Ltd. (Nissan), Mazda Motor Corporation (Mazda), an...

News  Updated at: 2025/07/24

t operations from July 27 to August 12, 2025, restarting on August 13, 2025. Meanwhile, the Craiova plant will be closed from August 2 to August 19, 2025, and will resume operations on August 20, 2025. Ford Otosan confirmed that the temporary suspension will not impact its total production or sales forecasts for the year 2025, as previously disclosed to the public. Based on Ford Otosan stock exchange filing...

News  Updated at: 2025/07/21

sures will extend into Q3/2026. In addition, the company is adjusting its direct labor levels to align with lower production volumes due to ongoing market softness, especially in the North American and European truck segments, largely driven by U.S. tariffs and broader geopolitical tensions. Market forecasts for H2/2025 have been revised downward and currently fall below the company’s earlier expectations. KA will monitor the situation and prov...

News  Updated at: 2025/07/03

GlobalData blog: The rise of Chinese automotive brands in Europe: Insights from 2025 so far As we approach the midpoint of 2025, the momentum of Chinese brands has gathered more pace as they carve out their niche in the European market.  With the introduction of the “make origin” fields in GlobalData’s Light Vehicle Sales Forecasts, we now have clearer visibility into the growth trajectory of these brands than ever before. The results from...

News  Updated at: 2025/06/23

rust concerns that may arise, the company will relinquish its ownership stake in the joint business upon completion of the US Steel acquisition. Nippon Steel will transfer all shares of its wholly owned subsidiary that holds the shares in the joint venture to ArcelorMittal. The company’s earnings forecasts for fiscal year 2024 will be disclosed as soon as a reasonable calculation can be made, according to the company. (From an article in the Ni...

News  Updated at: 2025/06/23

decline in sales of electrified vehicles. More than 90% of Toyota’s electrified vehicle sales were HVs including mild hybrid vehicles. According to Yoichi Miyazaki, Toyota’s Executive Vice President, inventories for Toyota’s popular HVs are shifting at around five days in the U.S., and Toyota forecasts that its global HV sales for FY2025 are expected to be about 4.70 million units. In May 2025, Honda also announced plans to increase its HV ...

News  Updated at: 2025/06/19

of 3 nanometer class “N3E” semiconductors two years ago and has been supplying it for AI and other applications. The company is currently developing “N3A” semiconductors for automotive use, aiming to receive certification for the AEC-Q100 grade 1 quality standard for automotive parts. TSMC forecasts that the global semiconductor market will reach USD 1 trillion by 2030 and expects that automotive semiconductors will account for 15% of th...

News  Updated at: 2025/06/12

sion (Vehicles Assembly, Manufacturing, Distribution & After-Sales Services) dropped 1.5% to MYR 530.5 million. Looking ahead, Tan Chong remains focused on recovery amid global uncertainties and a projected decline in Malaysia’s auto market, supported by resilient domestic demand and positive GDP forecasts. Strong early sales of the Nissan Kicks e-POWER and the upcoming TQ Wuling Bingo EV reflect its EV push.  In Vietnam, GAC models, notably t...

News  Updated at: 2025/05/26

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

ng profit fell sharply due to a decrease in sales volume, an increase in sales incentives, and inflation. The company recorded an extraordinary loss of JPY 623.8 billion, including impairment losses and restructuring costs. Global retail vehicle sales were 3.346 million units, down 2.8% YoY. Nissan forecasts revenue of JPY 12.5 trillion for FY2025, but has not disclosed forecasts for operating profit or net income, given the uncertain environment...

News  Updated at: 2025/05/14

ty to support EU sales volumes. With domestic demand weakening under the weight of economic headwinds and the structural transition to electrification, the industry is entering a period of subdued growth and increasing regional fragmentation. Moderate recovery is expected beyond 2025, as GlobalData forecasts Western European LV sales to grow by approximately 2.2% annually in 2026 and 3.0% in 2027, provided that economic conditions stabilize, and ...

News  Updated at: 2025/05/08

atsu- and Hino- brand) decreased by 0.7% YoY to 11,011 thousand units. Toyota and Lexus brand vehicle sales decreased by 0.3% to 10,274 thousand units of which electrified vehicle sales increased 23.2% to 4,748 thousand units, constituting 46.2% of total Toyota and Lexus sales. As for the financial forecasts for the fiscal year ending March 31, 2026 (April 1, 2025 through March 31, 2026), Toyota forecasts revenue of JPY 48.5 trillion, up 1.0% YoY...

News  Updated at: 2025/05/08

enz Cars sales decreased 3.6% YoY to 446,300 units in Q1, 2025, due to strong demand for the E-Class, GLC, AMG, and G-Class helped to increase Top-End Vehicle sales to 15%. Mercedes-Benz Van sales decreased by 21.3% to 82,943 units. Regarding the 2025 outlook, the Mercedes Benz Group and divisional forecasts stay the same for now, not counting possible US tariff effects. But if all current and announced tariffs take effect and last through the ye...

News  Updated at: 2025/04/30

Fuji Keizai forecasts increase of EV charging infrastructure in Japan for 2040 Fuji Keizai Co., Ltd. (Chuo Ward, Tokyo) announced its investigation report on the popularization of charging infrastructure for electric vehicles (EVs) and plug-in hybrid vehicles (PHVs). The total number of rapid charging inlets in Japan is likely to increase by 4.1 fold from 2024 to 66,300 in 2040, and normal charging inlets by 3.1 fold to 140,300. Installation will...

News  Updated at: 2025/04/24

repair and maintenance center is also set to open in 2025. At the Bangkok International Motor Show 2025, Neta recorded 1,219 bookings. The company sees strong EV market potential in Thailand but notes ongoing price wars are delaying purchases. It expects the pricing competition to ease by 2026 and forecasts 85,000 BEV registrations in Thailand for 2025. (From an article of Bangkok Post on April 15, 2025)...

News  Updated at: 2025/04/21

, directed towards electromobility projects. These funds have supported 40 strategic initiatives aimed at boosting electric vehicle production and expanding charging infrastructure. Furthermore, Mexico’s auto parts sector experienced a 3.01% growth in production from January to October 2024, with forecasts reaching USD 127.5 billion in 2025, particularly in electrical parts, suspension systems, and safety components. The Chamber stressed the im...

News  Updated at: 2025/04/10

ere heatwave warnings by IMD and renewed global tariff tensions. Rising temperatures may impact customer footfall and infrastructure activity, while international trade uncertainties are denting consumer sentiment. Dealers anticipate slower demand and are treading carefully with inventory and sales forecasts. Based on the FADA India press release...

News  Updated at: 2025/04/07

INA forecasts Mexican auto parts production of USD 124 billion for 2025 On March 11, the National Auto Parts Industry (INA) in Mexico announced that automotive parts production in 2024 reached USD 121.7 billion, reflecting a 1.2% increase from the previous year. If this trend continues, production is expected to reach USD 124 billion in 2025. In 2024, foreign direct investment (FDI) in the sector totaled USD 2.47 billion, marking a 21.5% rise com...

News  Updated at: 2025/03/15