Ford to reveal new EV, platform on August 11, CEO Farley says On July 30 during the investors call following release of its Q2 report, Ford CEO Jim Farley announced a new EV strategy and the coming reveal of a new electric vehicle and EV platform on August 11 at its Louisville Assembly Plant in Kentucky. During 2023 negotiations with the UAW, Ford promised to invest USD 1.2 billion into Louisville Assembly and an "all-new EV product" following th...

News  Updated at: 2025/08/01

JETRO Global Trade and Investment Report: 2024 global trade up by 1.6% y/y, exceeds USD 20 trillion for fourth consecutive year According to the Japan External Trade Organization’s (JETRO) Global Trade and Investment Report, 2024 global trade increased by 1.6% year-over-year (y/y) to USD 23.5547 trillion (JPY 3,400 trillion), exceeding USD 20 trillion for the fourth consecutive year. The number of “greenfield investments” involving the esta...

News  Updated at: 2025/07/29

Global EV sales up 13.3％ to 1.48 million units in June On July 25, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in June increased 13.3% YoY to 1.48 million units. In the first half of 2025, total EV sales increased 27.0% YoY to 7.81 million units. EVs accounted for 27.3% of total sales in June, up 0.8% point from the previous month. In June, China leads the EV sales with 1,054 thousand units, followed by ...

News  Updated at: 2025/07/28

TVS Motor, India to launch Norton motorcycles in FY 2025-26 On July 28, TVS Motor Company announced in its annual report for FY 2024-25 that Norton Motorcycles will launch towards the end of FY 2025-26 in the UK, India, and key European markets. The launch will include four new models, featuring the Norton Commando 961 and Norton V4SV, with availability planned for the summer of 2026. Additionally, TVS Motor will enter the adventure tourer segmen...

News  Updated at: 2025/07/28

Hero MotoCorp, India updates about its entry in Germany, France, Spain, and UK markets In its annual report, Hero MotoCorp announced its plans to enter the European and UK markets in the Q2 FY 2025-26 (ending September), as part of its broader global expansion strategy. The company is preparing for a phased entry, with a product portfolio aligned to the increasing demand for both internal combustion engine (ICE) and electric vehicle (EV) models. ...

News  Updated at: 2025/07/15

Nissan denies report of collaboration with Foxconn and retaining plant under consideration of shutdown On July 6, Nissan released a statement denying Nikkei’s report that the company is in talks with Hon Hai Precision Industry Co., Ltd. (Foxconn) for collaboration on EV production at the Oppama plant, reported to be under consideration of shutdown. Nissan, in its statement, clarified that the report was not based on any official announcement fr...

News  Updated at: 2025/07/07

Global EV sales up 23.1％ to 1.43 million units in May On June 25, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in May increased 23.1% YoY to 1.43 million units. In the first five months of 2025, total EV sales increased 31.0% YoY to 6.34 million units. EVs accounted for 26.6% of total sales in May, up 1.3% point from the previous month. In May, China leads the EV sales with 1,027 thousand units, followed ...

News  Updated at: 2025/06/26

May vehicle production in Thailand up 10.3% (Flash Report) On June 24, 2025, the Federation of Thai Industries (FTI) announced that vehicle production in May 2025 totaled 139,186 units, up 10.3% YoY. This represents the first rise in 21 months, driven by a sharp increase in the production of BEVs and PHEVs. Of the total vehicle production, 37.28% was for domestic sales, while 62.72% was allocated for export markets. According to data from FTI mem...

News  Updated at: 2025/06/24

Car makers warn China's rare-earth curbs could halt production On May 30, Reuters reported that global auto executives are sounding the alarm on an impending shortage of rare-earth magnets from China – used in everything from windshield-wiper motors to anti-lock braking sensors – that could force the closure of car factories within weeks. In a previously unreported May 9 letter to Trump administration officials, the head of the trade group re...

News  Updated at: 2025/06/04

Global EV sales up 31.6％ to 1.34 million units in April On May 26, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in April increased 31.6% YoY to 1.34 million units. In the four months of 2025, total EV sales increased 35.4% YoY to 4.95 million units. EVs accounted for 25.5% of total sales in April, up 1.3% point from the previous month. In April, China leads the EV sales with 962 thousand units, followed b...

News  Updated at: 2025/05/26

Global EV sales up 33.4％ to 1.49 million units in March On April 25, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in March increased 33.4% YoY to 1.49 million units. In the three months of 2025, total EV sales increased 35.4% YoY to 3.60 million units. EVs accounted for 24.2% of total sales in March, up 1.5% point from the previous month. In March, China leads the EV sales with 1,009 thousand units, follo...

News  Updated at: 2025/04/25

Subaru announces global debut of all-new 2026 Trailseeker EV at NYIAS On April 11, Subaru announced that the global debut of its all-new 2026 Subaru Trailseeker EV SUV will be held at the 2025 New York International Auto Show (NYIAS), coming soon. The company provided a teaser image of the EV on its site. While Subaru has not released any details on the new EV, some sources report the Trailseeker will be built by Subaru in Japan and imported to t...

News  Updated at: 2025/04/12

Global EV sales up 56.9％ to 1.04 million units in February On March 25, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in February increased 56.9% YoY to 1.04 million units. In the two months of 2025, total EV sales increased 36.9% YoY to 2.11 million units. EVs accounted for 22.7% of total sales in February, up 0.1% point from the previous month. In February, China leads the EV sales with 718 thousand unit...

News  Updated at: 2025/03/26

CAMPI-TMA: February 2025 vehicle sales in Philippines reach 39,164 units, up 2.9% Reported on March 20, 2025, a joint report from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed that local vehicle sales noted a 2.9% YoY increase in February 2025 to 39,164 units. The commercial vehicle segment recorded sales of 31,010 units, while passenger car sales reached 8,154 units.I...

News  Updated at: 2025/03/20

Volvo Cars announces best sales in history and 6% increase in core operating profit for 2024 On March 12, Volvo Car AB released its 2024 Annual and Sustainability Report, available on its Investors website, announcing key financial results, strategic priorities, and sustainability efforts, prepared in accordance with Global Reporting Initiative (GRI) standards. Volvo Cars achieved record-breaking performance for the second consecutive year, repor...

News  Updated at: 2025/03/13

Honda Mexico denies change of production to U.S. due to tariffs On March 4, Honda de México denied any changes to its production plans due to U.S. tariffs, stating that there are no adjustments or shifts of manufacturing operations to the United States. The company emphasized that no announcements have been made regarding modifications to its operations or production models. Following a Reuters report suggesting that the Civic Hybrid production ...

News  Updated at: 2025/03/06

h credit facility of up to USD 450 million, following a previous USD 800 million financing arrangement in December 2024. Additionally, the company renewed its EUR 480 million Green Trade Finance Facility, originally established in 2022 to support working capital needs. Polestar plans to release its global retail sales data for the first quarter of 2025 on April 10. The company will also publish its fourth-quarter and full-year 2024 financial resu...

News  Updated at: 2025/03/01

Imports of auto parts increase 22.6% in January in Brazil On February 25, Sindipeças reported that Brazil’s auto parts industry increased in imports in January 2025, reaching USD 2 billion, 22.6% higher than the UDS 1.6 billion recorded in the same month of 2024, with China as a key driver of this trend, continuing a months-long acceleration in imports. Exports also increased 26.9% to USD 208.1 million with Argentina as the main destination. S...

News  Updated at: 2025/02/28

Global EV sales up 22.2% to 1.08 million units in January On February 25, MarkLines announced that global electric vehicles (including EV, PHV and FCV) sales in January increased 22.2% YoY to 1.08 million units.  EVs accounted for 22.6% of total sales in January, down 6.8% point from the previous month.  In January, China leads the EV sales with 754 thousand units, followed by the United States with 119 thousand units and Germany with 52 thousa...

News  Updated at: 2025/02/26

Toyota, Honda, and Nissan report 2024 global electrified vehicle sales Toyota Motor Corporation (Toyota), Honda Motor Co., Ltd. (Honda), and Nissan Motor Co., Ltd. (Nissan) have reported their 2024 global sales volume of electrified vehicles by country and region. Toyota’s sales of electrified vehicles accounted for more than 40% of its total car sales, Honda more than 20%, and Nissan about 15%. Their sales of highly fuel-efficient hybrid vehic...

News  Updated at: 2025/02/26