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

, 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

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

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

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

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

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

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

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

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

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

.  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

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 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

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

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

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

ed with Ford and General Motors, the other companies that form the Detroit 3 (D3) Group. At this point, we are still understanding the consequences, and analyzing to any possible scenarios. We are convinced that 2025 is a year where we need to reach our potential and grow. New models  launches and inventoriesWhat is the strategy for 2025 regarding filling the gaps of Stellantis models that were discontinued and new vehicles coming to the market?...

News  Updated at: 2025/02/27

t of inventory reduction actions and gaps resulting from discontinued products and launch delays. North America shipments were down 25% to 1.4 million units, Europe was down 8% to 2.6 million units, South America was up 4% to 912,000 units, and Middle East/Africa was down 5% to 534,000 units. Total inventories on December 31, 2024 were 18% or 268,000 units lower year-over-year, including a 20% drop in U.S. dealer stock to 304,000 units lower than...

News  Updated at: 2025/02/27

de-off between price and volume on cars that would bring a high penalty on a CAFE perspective. Basically, the biggest impact of CAFE will be in our first lever, the EV sales for 2025. We are assuming that there will be no changes on the CAFE demands, and thus the impacts will remain as they are.  InventoriesThere seems to be a big build-up in dealers of new entry-level vehicles. Is there a reason for that?  -  (Thierry Piéton) The increase i...

News  Updated at: 2025/02/21