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SMMT, UK, raises concern over rising diesel price, advocates zero emission transition
red generation still dictates wholesale electricity prices over 80%. For electrified fleets to be truly cost-effective and stable, domestic renewable power generation is critical, reducing dependency on gas. Improving infrastructure and energy supply can reduce exposure to geopolitical risks, lower inflation risk, and speed up the shift to zero emissions. Based on SMMT press release...
News Updated at: 2026/03/27
February vehicle production in Thailand up 3.4% (Flash Report)
itions amid sluggish economic growth and weak purchasing power, while investment remains on hold pending clarity on the new government’s policies. Meanwhile, ongoing conflicts involving the U.S., Israel, and Iran have raised concerns over exports amid rising energy prices, contributing to global inflation and further pressuring consumer spending. Analysts expect modest economic growth in Thailand, which could continue to weigh on domestic vehi...
News Updated at: 2026/03/24
Iran Khodro and Saipa halt production
Iran Khodro and Saipa halt production On March 17, multiple sources reported that a faculty member at Iran University of Science and Technology announced that Iran Khodro and Saipa completely stopped their production lines since March 14, 2026. The war is affecting car purchases. Inflation and power outages are also impacting vehicle production in the country. Based on multiple sources ...
News Updated at: 2026/03/20
GlobalData blog: Will the Iran crisis derail the European truck market’s recovery in 2026?
the time of writing, whilst European and US stocks appeared to steady after intense volatility at the beginning of the week. A protracted conflict – one lasting several months and materially limiting energy supply – would nonetheless act as a major economic shock beyond Asia, leading to renewed inflationary pressures via the impact on global energy prices, which would drive up inflation both directly, through household bills (reducing disposa...
News Updated at: 2026/03/11
FTI warns Middle East tensions may slow Thailand’s 2026 auto exports
FTI warns Middle East tensions may slow Thailand’s 2026 auto exports Reported on March 9, 2026, the automotive club of the Federation of Thai Industries (FTI) warned that Thailand’s vehicle export growth could slow in 2026 due to the escalating Middle East conflict, which could also raise inflation if prolonged. Potential disruptions to shipping through the Strait of Hormuz, a key export route to the region, may increase logistics costs, exte...
News Updated at: 2026/03/09
French passenger car sales down 14.7% in February
he same month last year. According to French media, passenger car sales in February fell to their lowest level in 15 years for the second consecutive month, excluding the semiconductor crisis in 2022. ICE and hybrid vehicles sales are declining, likely due to factors such as high new car prices and inflation. The strong order intake recorded in October and November 2025 has been slow to translate into registration. Added to this are declining ord...
News Updated at: 2026/03/03
GM Silao plant, Mexico in risk of strike by March
GM Silao plant, Mexico in risk of strike by March On February 27, multiple sources reported that the negotiations between Independent National Union of Workers in the Automotive Industry (SINTTIA) and GM in Silao, Guanajuato, reached a critical point with talks suspended due to lack of agreement. The union is requesting a 20% wage increase, citing inflation recovery and closing the gap with GM workers in the United States and Canada. The union cl...
News Updated at: 2026/03/03
Avtovaz, Russia, commissions automated wheel assembly and balancing line
. It is producing wheel sizes, including standard 15-17-inch diameters, for current models. A trial batch of 18-inch wheels for the LADA Azimut has already been produced and is being used for assembly of prototypes and testing. Lubricant application is automated to prevent tire or wheel damage, and inflation is carried out using an automatic telescopic bell with an “explosive” method. The line has features like fully automated processes and m...
News Updated at: 2026/02/26
U.S. Federal Reserve, Congressional Budget Office says Americans pay almost all of Trump's tariffs
b 5% of the cost, and for the remainder in the near term “U.S. businesses will absorb 30% of the import price increases by reducing their profit margins; the remaining 70% will be passed through to consumers by raising prices.” Federal Reserve officials believe much of the overshoot of their 2% inflation target this year is related to trade tariffs, complicating their ability to cut interest rates. The U.S. Supreme Court is set to rule at som...
News Updated at: 2026/02/14
Subaru brings 2026 WRX lineup to U.S. with additional equipment
base WRX and new limited-production WRX Series.Yellow trim levels. Subaru WRX sales plummeted 41% in 2025, so the company has revamped the lineup for 2026, with a base model starting price of USD 32,495 MSRP. Compared to the 2002 Subaru WRX, the new 2026 WRX has nearly the same price, adjusted for inflation, yet now includes far more equipment and features. The 2026 Subaru WRX is assembled in Gunma, Japan and will begin arriving at U.S. deale...
News Updated at: 2026/01/22
Turkish vehicle sales up 10.0% and production up 4.0% in 2025
Turkish vehicle sales up 10.0% and production up 4.0% in 2025 The Automotive Manufacturers Association (OSD) announced that Turkish vehicle sales of 1,413,903 units in 2025 represented a 10.0% increase over 2024. Due to the trend of calming down the inflation and falling interest rates, it saw double-digit growth compared to the previous year. According to the data from Automotive Distributors Association (ODD), Renault sales were 144,331 units i...
News Updated at: 2026/01/19
LG Energy Solution operating loss in Q4 reduced by AMPC tax credit in U.S.
on loss reported in Q4 2024. Q4 sales revenue declined by 4.8% to KRW 6.14 trillion, while estimates for net earnings have yet to be released. The company’s financial performance benefitted from a KRW 332.8 billion tax credit from the Advanced Manufacturing Production Credit (AMPC) under the U.S. Inflation Reduction Act (IRA). Excluding the AMPC tax credit, LGES estimates that it would have incurred an operating loss of KRW 454.8 billion in Q4....
News Updated at: 2026/01/15
South Africa auto sales up 19.2% in December, the full year 2025 up 15.7%
a landmark performance in 2025, finally recovering above 2019 pre-pandemic levels and hitting highs not seen in a decade. This upward swing, closely tied to broader economic improvements, was significantly buoyed by a cumulative 150bps in interest rate cuts since September 2024, record-low vehicle inflation, an influx of affordable model imports, and the liquidity injection from the "two-pot" retirement system withdrawals. South Africa- Sales of...
News Updated at: 2026/01/08
Fraunhofer FFB, Germany produces first lithium-ion battery cell
an equipment. The federal government will provide the required funding to set up the Fraunhofer FFB so it can meet its goal of building a research factory on a gigafactory scale. The project’s total cost has increased from EUR 500 million in 2019/2020 to about EUR 750 million today, mainly due to inflation. The first construction phase, FFB PreFab, with over 3,000 square meters of research space, opened in spring 2024 and provides a pilot-scale...
News Updated at: 2025/12/22
Mexico’s protectionist stance risks trade tensions with China
h less visible means, such as antidumping investigations or administrative restrictions, rather than large-scale tariff actions. Proposed tariffs could impact USD 52 billion in Chinese imports, affecting sectors like auto parts, electronics, plastics, and consumer goods, while pressuring industrial inflation and supply chains. (Multiple sources on November 19, 2025)...
News Updated at: 2025/11/25
Parts suppliers to steadily pass U.S. tariffs on to trading prices
likely to avoid the direct impact of the U.S. administration’s additional tariffs. Strong sales of Japan-made hybrid vehicles (HVs) in the U.S. are also an encouraging indicator. However, many parts suppliers feel uncertain over future prospects of vehicle sales in the U.S. in the wake of rising inflation. Denso Corporation reported a decrease of JPY 38 billion in profit due to the tariffs in its financial results for the six months ended Sept...
News Updated at: 2025/11/19
Tesla calls on suppliers to avoid China-made parts for U.S. cars
cording to people familiar with the situation. Reports in April noted that Tesla has for the past two years been increasing the proportion of parts sourced from North America for its U.S. factories for the last two years, to align with U.S. government incentives for domestic manufacturing under the Inflation Reduction Act, but ramped up the efforts again after U.S. tariff threats were issued in the spring. Tesla assembles its passengers vehicles ...
News Updated at: 2025/11/18
Nissan reports H1 FY2025 operating loss of JPY 27.7 billion, announces sale of HQ building
-over-year (YoY) to JPY 5,578.7 billion. Operating loss totaled JPY 27.7 billion and net income attributable to owners of parent was loss of JPY 221.9 billion. The operating loss for the period reflects JPY 64.5 billion of foreign exchange effects, JPY 149.7 billion negative impact of tariff, and inflation absorbing JPY 50 billion. On the other hand, manufacturing costs improved by JPY 66.5 billion as the “Re:Nissan” recovery plan delivered...
News Updated at: 2025/11/07
Porsche’s operating profit dropped by 99% amid restructuring and US tariffs in first nine months of 2025
elaying some upcoming EVs. The development of its new EV platform for the 2030s will also be postponed and redesigned with other Volkswagen Group brands. Existing electric models will continue to be updated. Porsche aims to increase efficiency and revenue to maintain long-term profitability despite inflation and rising costs. Based on Porsche press release...
News Updated at: 2025/10/27
Indian passenger vehicle retail sales increased by 0.9% in August 2025
ent that the festive season ahead will unlock robust growth momentum. Looking ahead, FADA projects that the rollout of GST 2.0 from September 22 is set to be a game-changer—lowering household expenses, boosting consumption, and improving industry competitiveness. Economists expect it could reduce inflation by up to 1.1 percentage points. A strong monsoon season has further strengthened rural liquidity, with agriculture poised for above-trend ou...
News Updated at: 2025/09/08



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