l models produced locally. However, this target represents only a small fraction of Thailand’s annual vehicle sales, which totaled 566k units in 2024 and nearly 1 mn units in 2019, prior to the COVID-19 pandemic. As such, the limited scope of the program may not be sufficient to drive substantial change in the overall industry. Additionally, high household debt, coupled with the prevailing economic climate, may deter consumers from taking on ad...

News  Updated at: 2025/06/12

rice increases ranging from USD 1,500 for base Select Standard Range models to USD 2,500 for Select Extended Range models in the U.S. market. A Ford spokesperson represented the increases as “usual” mid-year pricing actions, “combined with some tariffs we are facing. We have not passed on the full cost of tariffs to our customers.” Regarding production, “We do not plan on making any adjustments to lowering the production of vehicles and...

News  Updated at: 2025/05/23

GM’s EV-only plan for Orion Assembly Plant could change On April 29, a report said that General Motors is reevaluating the vehicle segment and powertrain types slated for production at its Orion Assembly Plant and may not exclusively produce fully electric vehicles after its retooling, citing two people familiar with the matter, as GM adjusts production to address consumer demand. GM planned to relaunch the Orion plant after a USD 4 billion ret...

News  Updated at: 2025/05/01

onents plant in Rochester, New York, that their hours will be reduced as they move move to a shorter work week as it adjusts EV production volume at several other facilities. In a statement, GM described the layoffs as tied to a “supply chain constraint”. From December 2024 to date, this latest change has brought the total of part-time and full-time employees who have been laid off or had their positions scaled back at the plant to 200 of the...

News  Updated at: 2025/04/22

Renault to take full control of Indian manufacturing operations, amends new alliance agreement On March 31, Renault Group announced that it will acquire Nissan's 51% stake in their joint venture, Renault Nissan Automotive India Private Ltd (RNAIPL). This transaction will give Renault full ownership of RNAIPL upon completion, which is expected by the end of H1 2025, subject to regulatory approvals. The deal includes two key components: a share pur...

News  Updated at: 2025/03/31

minimum charging time of 12 minutes from 10% to 80% SoC, a CLTC range of 680km, and a power consumption of 15.6kWh/100km. The 2025 G9 adopts the XPeng AIOS cockpit, which contains a Qualcomm Snapdragon SA8295P high-performance chip, dual 14.96-inch 2.4K-resolution intelligent displays, a 10.25-inch full-LCD instrument panel, and the Xopera 2.0 audio system as standard. The model comes standard with the Turing AI Intelligent Driving System with du...

News  Updated at: 2025/03/18

Dongfeng Nissan introduces multiple new technologies On March 1, Dongfeng Nissan hosted a technology launch conference to introduce new technologies such as the Tianyan full-stack in-house developed New Energy technology architecture, a one-stage end-to-end high-end intelligent driving solution, an all-domain intelligent anti-motion sickness system, and a 14-in-1 intelligent electric drive. The Nissan N7, the first blockbuster model to adopt the...

News  Updated at: 2025/03/06

narios to determine the best way to offset tariffs, including expanding output at its factory in Ridgeville, South Carolina, where it has spare capacity. “Our paint lines and everything else that we need to just put the platform in and start building a car is there,” Rowan said, noting that the change would take time but could be completed reasonably quick.  Volvo is deciding whether to export its EX30 from Europe to the U.S. or to add produ...

News  Updated at: 2025/03/06

e. It features a 7-inch touchscreen TFT display, multi-colour LED displays, 14-inch wheels, dual projector lights with floating DRLs, traction control, and dynamic regenerative braking. Its safety features include an integrated radar and dashcam system, OmniSense mirrors, blind spot detection, lane change assist, overtaking assist, and collision alerts. Additionally, it supports fast charging, enabling a full charge in less than an hour. The Shoc...

News  Updated at: 2025/03/05

o 70%. An additional Core segment model could be allocated to the United States and a long-wheelbase version of the GLE will be localized in China by mid-2026. Investors Q&A Core Strategy & Shift in BEV and ICE FocusYou emphasized distilling the brand’s DNA. However, given the significant market changes, you seem to be shifting back towards ICE rather than a full BEV focus. How should we understand your key strategic priorities today? - (Käll...

News  Updated at: 2025/02/25

Faraday Future to expand AI R&D efforts in 2025 On February 18, Faraday Future Intelligent Electric Inc. announced that it has begun hiring for key positions to support its AI initiatives as it plans to significantly expand AI R&D efforts, launching recruitment of AI talent, especially those specialized in large-model development and algorithm training programs. The company also plans to change its Nasdaq ticker symbol to “FFAI” on March 10, ...

News  Updated at: 2025/02/25

s were found on board. All of these events culminated in wait times of months, and sometimes years, for many vehicles. By mid-2023, however, supply constraints started to ease, and sales gained strong momentum, fulfilling a large volume of backlogged orders. By mid-2024, dealers started to report a change in the market, whereby pending orders were being cleared faster than new orders were being received. Showroom traffic slowed and consumers were...

News  Updated at: 2025/02/14

a memorandum of understanding (MoU) to start discussions that could pave the way for a merger of the two companies. Mitsubishi Motors is also considering joining a new consolidation, which, if it went ahead, would make it the world’s third largest vehicle manufacturer. In an industry facing great change, whether that be the transition to electrification, or the increasing threat to the traditionally dominant global OEMs by the rapidly ascending...

News  Updated at: 2025/01/16

Aisin to change management course and focus on local needs Aisin Corporation (Aisin) will accelerate its electric drive unit strategy aimed at meeting local needs. While expanding sales of electric drive units in North America and Asia except China, the company intends to emphasize “quality” rather than pursuing volume in China. In India, the company will promote automatic transmissions (ATs) for local manufacturers. It is difficult to foreca...

News  Updated at: 2025/01/06

ranges of 115km and 110km, respective CLTC combined ranges of 1,324km and 1,205km, respective fuel consumption of 4.3L/100km and 4.75L/100km at low state-of-charge (SoC), and a charging time of around 14 minutes from 30% to 80% SoC. The Equator Sport PHEV and the Equator PHEV come with a 12.3-inch full-size LCD instrument panel, a 12.3-inch center console touch display, a Qualcomm Snapdragon 8155 chip, and the Ford Co-Pilot 360 intelligent drive...

News  Updated at: 2024/11/20

come attributable to Toyota Motor decreased by 26.4% to JPY 1,907.1 billion. Total group retail vehicle sales (incl. Daihatsu- and Hino- brand vehicles) decreased by 4.0% year-on-year to 5,373 thousand units. Toyota and Lexus brand vehicle sales decreased by 2.8% to 5,029 thousand units. As for the full-year forecasts for the fiscal year ending March 31, 2025 (April 1, 2024 through March 31, 2025), Toyota projects sales revenues of JPY 46 trillio...

News  Updated at: 2024/11/07

Jatco develops performance-restoring additive for CVT fluid Jatco Ltd. (Jatco) announced that it has developed a performance-restoring additive for continuously variable transmission (CVT) fluid. CVT fluid changes are generally unnecessary, but there are cases in which vehicles such as commercial vehicles that are used under severe conditions need a CVT fluid change. When this additive is added to the CVT fluid of CVTs, the performance of the CVT...

News  Updated at: 2024/11/05

Hino likely to pay JPY 230 billion for engine certification misconduct settlement Hino Motors, Ltd. (Hino) has revealed that the settlement costs with the US judicial authorities and other parties, who are still investigating the engine certification fraud issue, will likely be around JPY 230 billion. While the amount may change and there are other risks such as a class action in Australia, the prospect for the settlement amount sees Hino acknowl...

News  Updated at: 2024/10/31

of several production cuts by the automaker as it seeks to further trim large vehicle inventories. The move affects the part of the complex that produces Jeep Grand Cherokees and Dodge Durangos, where workers were told they would return October 7, though a company notice added that was "subject to change based on inventory adjustment." Stellantis had already cut several shifts at the complex the week of September 23, according to what a spokespe...

News  Updated at: 2024/10/01

Navistar Inc. announces rebrand and name change to International Motors, LLC On September 25, Navistar, Inc. announced its plan to rebrand and change its name to International Motors, LLC effective October 1. Along with the name change, the company also debuted a refreshed logo and distinct visual identity. The rebranding is driven by a shift in strategy to transform the business into a solutions provider of streamlined customer and user experien...

News  Updated at: 2024/10/01