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Renault Group’s operating profit down 24.8% to EUR 1.65 billion in H1 2025
ith long-term savings, including lower SG&A, manufacturing, and R&D costs. The product lineup remains attractive, with 7 new models and 2 facelifts planned for 2025. A strong order book in Europe, equal to about two months of sales, reflecting the success of the products. As of June 30, 2025, total inventories stood at 530,000 units, and plant utilization remains high at around 90% on average. Renault Group confirms its 2025 financial outlook wit...
News Updated at: 2025/07/31
Stellantis reports H1 adjusted operating profit down 94%, EUR 0.3 billion tariff impact
in South America • Net loss of EUR (2.3) billion, or down 140.0% compared to H1 2024 Net Profit of EUR 5.6 billion. • Adjusted Operating Income (AOI) of EUR 0.5 billion, down 94% from H1 2024, with AOI margin of 0.7%, 9.3% lower than the previous level. • Total inventories of 1.2 million units (Company inventory of 298,000 units) at June 30Regional results: • In North America, net revenue of EUR 2...
News Updated at: 2025/07/30
JETRO Global Trade and Investment Report: 2024 global trade up by 1.6% y/y, exceeds USD 20 trillion for fourth consecutive year
l combustion engine (ICE) vehicles and hybrid vehicles (HVs) will dominate the U.S. market. In the period from April-June 2025, the total value of U.S. imports increased by 25.6% y/y, marking a record-high increase. It is possible the increase resulted from the last-minute surge in demand to secure inventories before the implementation of new U.S. tariffs. The total import value of 34 major countries also increased by 6.4% y/y. (From an article i...
News Updated at: 2025/07/29
Philippines reimposes excise tax on pickup trucks starting July 1, 2025
Efficiency Promotion Act (CMEPA). This law amends the National Internal Revenue Code to remove pickups from the list of exempt vehicles, which now only includes purely electric vehicles. The Bureau of Internal Revenue (BIR) has instructed auto manufacturers, importers, and assemblers to submit inventories of all pickup units as of June 30, 2025, including those in transit, to ensure compliance. (From an article of Inquirer.net on July 8, 202...
News Updated at: 2025/07/09
Nissan stops building Pathfinder, Murano, Frontier for Canadian market, limits Infiniti QX 60
, Murano and Frontier accounted for 13.5% of Nissan Canada’s sales in 2024. Nissan Canada spokesperson Didier Marsaud said Canadian market production of the Pathfinder and Murano built in Smryna, Tennessee and Frontier assembled in Canton, Mississippi ceased in May, after the company had built up inventories of the three models at its dealerships in Canada. Infiniti, however, faces a tougher challenge with Canada’s counter-tariffs on its best...
News Updated at: 2025/07/08
U.S. auto sales down 5.6% in June; Japanese and European brands with high ratio of imports show significant sales decline
to just under 2.5 million units at the end of May. Looking at inventory days by brand at the end of May, Japanese brands had low inventory: Toyota 21 days, Lexus 23 days, and Subaru 39 days. Among U.S. brands, Dodge's inventory was 43 days. On the other hand, VW, Infiniti, Ram, and Acura had large inventories: 90 days, 78 days, 74 days, and 70 days, respectively. Other Japanese brands were Mazda 62 days, Nissan 55 days, Honda 43 days, and Mitsub...
News Updated at: 2025/07/03
Japanese automakers to raise vehicle prices in U.S.
makers. Japanese automakers are closely monitoring the situation while the Japanese government has been negotiating with the U.S., which has imposed a 25% additional tariff on Japanese vehicles and automotive parts. The additional tariff on vehicles started on April 3, and many automakers increased inventories in the U.S. in March to sell the unaffected inventories from April. Since the inventories are starting to run out, automakers have been te...
News Updated at: 2025/06/24
Toyota, Honda, and Nissan summarize FY2024 global electrified vehicle sales
Japan. Meanwhile, Nissan was the only OEM among the three OEMs to record a year-over-year (y/y) 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 expe...
News Updated at: 2025/06/19
CLEPA calls for urgent action as China's rare earth export curbs disrupt European auto supply chains
rted significant disruption in Europe’s automotive supply industry due to China’s recent export restrictions on rare earth elements and magnets. These restrictions have led to the shutdown of several production lines and plants across Europe, with further impacts expected in the coming weeks as inventories run low in the coming weeks. The affected components are critical to both combustion engines and electric vehicles. Since early April, hun...
News Updated at: 2025/06/05
China’s auto dealership industry advocates against “rat race” competition
ompetition manifested by disorderly “price wars”, the industry’s overall profit level has been declining. As a critical link between manufacturers and consumers, automobile dealerships have also faced severe challenges, including mounting business pressure, shrinking profit margins, excessive inventories, and tight cash flow. Since Q2 2024, the situation has worsened amid a new round of price wars. In response, the CADCC emphasized the need...
News Updated at: 2025/06/05
U.S. auto sales up 1.4% in May, rush buying before tariff hikes slows
y low. In contrast, Acura had 58 days, Nissan 56 days, Mazda 42 days, and Mitsubishi 43 days. Korean brands, which continue to perform well, recorded 50 days for Hyundai, 54 for Genesis, and 39 for Kia. Among U.S. brands, Chevrolet had a relatively low 47 days. On the other hand, brands with higher inventories included Infiniti at 88 days and Ram at 81 days. U.S. new vehicle sales (May 2025) 2025May 2024May y/y 2025Jan-May 2024Jan-Ma...
News Updated at: 2025/06/04
Japanese OEM’s concerns deepen over impact from U.S. Trump tariffs
Moro. For this reason, Toyota Motor Corporation included the impact in its performance outlook only in April and May, and Mazda has not announced its financial outlook for the fiscal year that ends in March 2026 (FY 2025). Automakers are considering future market trends from June, when distribution inventories will run out, and price increases by other companies. While automakers intend to determine the impact from tariffs by the announcement of ...
News Updated at: 2025/05/14
Indian passenger vehicle retail sales increase by 1.6% in April 2025
ncreased by 2.3% YoY to 1,686,774 units against 1,649,591 units last year, while three-wheeler (3W) sales increased by 24.5% YoY to 99,766 units against 80,127 units. The PV segment displayed growth, despite limited model introductions. This performance reflects a discount-led market and elevated inventories, approximately a 50-day supply, amid cautious consumer sentiment that tempered enquiry-to-sale conversions. Sustained SUV demand underpinn...
News Updated at: 2025/05/05
U.S. auto sales up 9.9% in April on rush demand, inventory decline and price hikes concerns going forward
the U.S. media dated May 2, total inventory in mid-April was 2.57 million units (2.99 million in early March and 2.66 million in mid-March). Inventory days by brand at the end of March were apparently much lower for major brands due to the rush demand in March. Lincoln, Infiniti, and Ram had larger inventories at 85, 82, and 78 days, respectively. Meanwhile, among Japanese brands, Toyota had 23 days, Lexus 22 days, Honda 37 days, Acura 61 days, N...
News Updated at: 2025/05/02
Indian passenger vehicle retail sales increase by 6.3% in March 2025
. The PV segment benefited from discounting, forthcoming price hikes, and festive buying. The new model launches, and better variant availability also aided growth. Nonetheless, many dealers highlighted unrealistic targets, liquidity challenges, and regional pockets of low demand, resulting in PV inventories rising to about 50–55 days. Incentives and festival-driven gains did push overall results higher, but dealers remain cautious about high...
News Updated at: 2025/04/07
U.S. auto sales up 9.1% in March as pre-tariff rush boosts new car sales
niti were 30, 29, 49, 63, 45, and 83 days in stock, respectively. Other Japanese brands include Subaru 43 days, Mazda 53 days, and Mitsubishi 47 days. Korean brands with strong sales include Hyundai 64 days, Genesis 57 days, and Kia 47 days. There are reports that manufacturers are increasing their inventories in preparation for tariffs. U.S. new vehicle sales (April 2025) 2025Mar. 2024Mar. y-o-y 2025Jan.-Mar. 2024Jan.-Mar. y-o-y ...
News Updated at: 2025/04/02
Toyota Auto Body Fujimatsu Plant production line to resume operations
Toyota Auto Body Fujimatsu Plant production line to resume operations Toyota Motor Corporation announced that Toyota Auto Body Co., Ltd.’s Fujimatsu Plant production line that has been suspended (Kariya City, Aichi Prefecture) will resume production on March 31. The production line manufactures the Toyota Noah, Voxy, Alphard, and Vellfire. The production line was suspended due to missing parts inventories following an explosion that occurred on...
News Updated at: 2025/03/31
Stellantis accelerates vehicle, parts shipments as Canada, Mexico tariffs approach
is bracing for higher tariffs on April 2 by shifting extra parts into its U.S. plants and rushing production of certain Canada and Mexico-produced models that U.S. dealers need on their lots. Ostermann said that Stellantis could navigate some initial tariff disruptions with its current U.S. vehicle inventories: "When you look at the vehicles we produce in Canada and in Mexico, we have pretty good supply on the ground right now with our dealers, 7...
News Updated at: 2025/03/19
VW core group presents 2024 financial results
o EUR 140 billion, driven by a favorable mix and higher Volkswagen sales. However, operating profit declined slightly to EUR 6.96 billion due to restructuring expenses and increased fixed costs. The operating margin dropped from 5.3% to 5.0%, and net cash flow fell to EUR 4.68 billion due to higher inventories. By brand, VW’s operating profit margin fell from 4.1% the previous year to 2.9%, Skoda rose to 8.3%, SEAT/Cupra was flat at 4.4%, and V...
News Updated at: 2025/03/15
U.S. auto sales down 2.3% in February, additional tariffs on Mexico and Canada cause for concern
negotiations to reach a conclusion between the countries concerned are protracted. GM, Nissan, and Mazda, which import a high percentage of their vehicles sold in the U.S. from Mexico, are concerned about the magnitude of the impact. If supply chains are disrupted, it cannot be ruled out that U.S. inventories, which have been on the road to recovery, will once again become scarce. The Trump administration announced in February that it would impo...
News Updated at: 2025/03/04