, and what are the future growth areas?A1. Regarding the impact of tariffs in North America, price pass-through in the automotive business sector is relatively well-managed. In addition, the restructuring of our business operations in Europe has yielded some positive results. There are no plans to change the targeted operating profit margin for 2030 at this time. The aim is to achieve 8% for the entire group (automobile business, industrial mach...

News  Updated at: 2026/05/15

Triple Half” approach, reducing 1) development cost, 2) development timeframe, and 3) development workload by half compared to 2025. By improving efficiency in the design, testing, and initial production through the use of AI technology, Honda will reduce the development timeframe for minor model change products by half, starting this fiscal year. For full model change products, Honda will also halve the development timeframe, starting with dev...

News  Updated at: 2026/05/15

Mazda Reports 72.3% decrease in operating profit for fiscal year 2025, remains profitable Mazda announced its full-year financial results for fiscal year 2025 on May 12. Revenue decreased 2.0% year-on-year to JPY 4,918.2 billion, operating profit fell 72.3% year-on-year to JPY 51.6 billion, and net income attributable to owners of the parent decreased 69.2% year-on-year to JPY 35.1 billion.  Amid uncertainties such as the impact of US tariffs, g...

News  Updated at: 2026/05/12

hnological flexibilities, and innovation in powertrain, chassis, and software technologies, drawing on Schaeffler’s perspective as a global automotive supplier. Safeguarding Europe’s Competitiveness Q1. Europe is under significant competitive pressure. Which two or three political or industrial changes are now crucial to ensure that Europe remains a competitive location for next generation powertrain, chassis, and mobility technologies? A1. F...

News  Updated at: 2026/05/08

graded system brings high-end automated driving capabilities to the mass market and has been in series production in China since October 2025 for a major OEM. The solution uses the smart Front camera as central compute for other ADAS sensors, enabling the removal of the individual ECUs. It provides full 360° field-of-view coverage through a sensor suite integrating front, surround, and rear cameras with front and corner radars, along with ultras...

News  Updated at: 2026/04/27

phate battery. It provides a CLTC combined range of 630km, 730km, or 700km, with a combined power consumption of 14.8kWh, 14.6kWh, or 15.5kWh per 100km. The model supports fast charging from 10% to 80% SoC in 20 minutes, while a 5-minute charge adds 150km of range. The cockpit features a 10.25-inch full LCD instrument cluster and dual 14.96-inch 2.4K ultra-HD intelligent twin screens, powered by a Qualcomm Snapdragon SA8295P chip. It integrates a...

News  Updated at: 2026/04/21

utomotive tariffs were introduced a year ago, GM has been maximizing production at U.S. plants to avoid the additional duties. In this case, the GM spokesman said the added volume at Flint will not affect production at the Oshawa plant. U.S. dealers and auto execs have said they have noticed little change in demand of large vehicles even with fuel prices rising the past weeks. Earlier in March, GM CFO Paul Jacobson said the company has more deman...

News  Updated at: 2026/03/31

da Motor Co., Ltd. (Honda)’s reassessment of its automobile electrification strategy announced on March 12, 2026, SHM will not be able to utilize certain technologies and assets that were originally planned to be provided by Honda at the time of SHM’s initial business planning. In light of this change, SHM has determined that it does not have a viable path forward to bring the models to market as originally planned. SHM will continue discussi...

News  Updated at: 2026/03/25

Toyota and Honda change “exit strategy” for FC technology Toyota Motor Corporation (Toyota) and Honda Motor Co., Ltd. (Honda) have changed their respective “exit strategy” for fuel-cell (FC) technology. Toyota plans to start the full-scale production of water electrolysis systems by utilizing FC vehicle technology from 2029. At the “H2&FC EXPO” that started in Tokyo on March 17, Toyota announced that its Honsha Plant (Toyota City, Aic...

News  Updated at: 2026/03/18

will no longer have any two door vehicles, and vehicles equipped with large-displacement NA engine will disappear from the lineup. The Lexus LC was released in Japan in March 2017. While the Lexus LC was partially revised and a convertible version was added in 2020, nine years have passed without a full model change. Due to the end of the Lexus LC, Toyota will end the sales of vehicles equipped with a “2UR-GSE” 5-liter V-type NA engine. (From...

News  Updated at: 2026/03/18

sed architecture. It measures 4,163 mm in length and is 61 mm taller than before, reaching 1,533 mm in height, with 201 mm of ground clearance. The updated configuration includes specific suspension recalibration, new springs and dampers, and dedicated tires, representing the most extensive dynamic change applied to the current-generation Onix. The new Activ features standard automatic transmission and built-in Wi-Fi. According to Inmetro, fuel c...

News  Updated at: 2026/03/18

nearby Charlotte, North Carolina, meanwhile, will begin staffing up slowly later this year. The manufacturing timeline, as it looks now, will see some prototype vehicles being assembled for testing and other purposes before the end of 2026, as the first of four phases before series production is in full swing by the end of 2027. The first customer deliveries will follow in 2028, all according to the rough timeline set out many months ago.  Scout...

News  Updated at: 2026/03/06

Renault Group to acquire full ownership of Flexis from Volvo and CMA CGM On February 23, Flexis announced that its three founding shareholders i.e., Renault Group, Volvo Group, and CMA CGM Group have agreed that Renault Group will take full ownership of the company. Renault Group will buy the 45% stake from Volvo Group and the 10% stake from CMA CGM Group. This will allow Renault to fully lead the development and production of the next generation...

News  Updated at: 2026/02/23

Tesla ends one-time purchases of Full Self-Driving feature On February 15, Tesla removed the option to purchase its Full Self-Driving feature in the U.S. via a one-time flat fee of USD 8,000 as it begins shifting the feature to a subscription-only model.Until now, Tesla owners have been able to purchase the service with a one-time payment that would allow them to use it for the full lifespan of their vehicle. Now, the driver-assist feature is ava...

News  Updated at: 2026/02/20

pplied EV). Aiming to promote the social implementation of autonomous driving, primarily in logistics and industrial sectors, they will work together on integrated development, commercialization, and deployment. In particular, based on results from public road driving to date, they aim to conduct a full-scale deployment in the “last-mile” segment, which is the final part of the delivery process in logistics. At logistics and industrial sites,...

News  Updated at: 2026/02/19

Ichikoh Industries to make dozens of sets of high-precision molds annually at its new tooling center Ichikoh Industries, Ltd. (Isehara City, Kanagawa Prefecture), a subsidiary of France-based Valeo S.A., began full-scale operations at its tooling (mold) center it has established in house The center will produce dozens of sets of high-precision molds per year. While global mold production depends on China, the company has established this in-house...

News  Updated at: 2026/02/16

Toyota Q1-3 FY 2025 operating income down 13.1%, upwardly revises full-year forecast, announces changes in executive structure On February 6, Toyota announced its consolidated sales revenue for the first 9 months of fiscal year ended March 31, 2026 (April 1, 2025 through December 31, 2025) increased by 6.8% year-on-year (YoY) to JPY 38,087.6 billion. Operating income decreased by 13.1% YoY to JPY 3,196.7 billion. Although increased sales volume a...

News  Updated at: 2026/02/09

Stellantis takes EUR 22 billion in H2 2025 charges with EV realignment On February 6, Stellantis N.V. released an assessment of its strategy and related costs in H2 2025 ahead of full year 2025 financial results, which will be released as scheduled on February 26, and communication of its new strategic plan coming in May. The company announced that it will be taking H2 2025 charges of approximately EUR 22 billion as part of its business reset, an...

News  Updated at: 2026/02/07

GlobalData blog: Navigating 50% tariffs: strategic options for Chinese automakers in Mexico Starting in January 2026, Mexico officially raised tariffs on Light Vehicles (LVs) from 20% to 50%, applying only to countries that do not have a Free Trade Agreement (FTA) in place. While the change in rate affects many markets, we expect the most significant impact to be felt in China and India. These measures have been under discussion for months and we...

News  Updated at: 2026/01/30

GM ends third shift at Oshawa plant, Canada as U.S. tariffs change production strategy On January 27, multiple sources reported that GM will eliminate the third shift at its Oshawa Assembly Plant, Canada on January 30, laying off about 700 workers as trade tensions continue to force companies to change their North American production plans. President Trump imposed up to 25% tariffs on Canadian-made vehicles entering the U.S. in April 2025, with s...

News  Updated at: 2026/01/29