Daimler Truck lowers 2025 Outlook amid North American market uncertainty On July 31, Daimler Truck continued to strengthen its business despite ongoing economic challenges, especially in North America in Q2 2025. The unit sales in Q2 2025 dropped 20% YoY to 38,580 units (Q2 2024: 48,246 units) in North America. Due to market uncertainty in North America, Daimler Truck lowered its 2025 outlook for the North American Class 8 truck market to 250,000...

News  Updated at: 2025/08/01

Nissan anticipating up to JPY 300 billion full year impact of U.S. tariffs Nissan Motor Co., Ltd. (Nissan) announced on July 30 that in its outlook for the July-September period of FY 2025 (fiscal year ending March 2026), it is expecting sales of JPY 2.8 trillion and an operating loss of JPY 100 billion. The company has maintained its revenue outlook for the full FY 2025 at JPY 12.5 trillion. However, it did not release its outlook for operating ...

News  Updated at: 2025/08/01

’s net income was EUR 461 million. For Renault Group, the worldwide sales for H1 2025 increased 1.3% YoY to 1,170,000 units. By brand sales, Renault was up 2.7% YoY to 808,000 units, Dacia was down 0.7% to 356,000 units and Alpine was up 84.6% YoY to 5,000 units in H1 2025. For the 2025 financial outlook, Renault Group continues to adopt a strict commercial strategy with a focus on value over volume to protect the resale value of vehicles. The ...

News  Updated at: 2025/07/31

n to cover advances made to its Symbio joint venture and anticipated future risks, following Stellantis' decision to terminate its fuel cell technology development program. As Symbio’s co-shareholder and main client, Stellantis’ withdrawal significantly impacts the joint venture’s production outlook. (From a press release dated July 24, 2025) ...

News  Updated at: 2025/07/31

sets in Japan in Q1.  Global sales declined 10.1% YoY to 707,000 units. This was due to the continuing intense competition in China, which resulted in 27.5% sales drop. Global production declined 14.2% compared to the same period last year to 673,000 units. Nissan maintained its FY25 sales revenue outlook at JPY 12.5 trillion. However, citing difficulty in forecasting the business environment surrounding the company, it did not disclose its outl...

News  Updated at: 2025/07/31

by careful stock management to handle tariffs. At Mercedes Benz Vans, vehicle sales were down 9.7% YOY to 93,400 units in Q2 2025. Sales declined 15.6% YOY to 176,336 units in H1. However, Q2 electric van sales increased by 31.9%  to 6,872 units, compared to the same period last year. For the 2025 outlook, Mercedes Benz Group expects its 2025 revenue to be much lower than last year due to weaker sales at both Mercedes Benz Cars and Vans. Car seg...

News  Updated at: 2025/07/30

Porsche revises 2025 outlook after EU-US import tariffs On July 30, Porsche updated its 2025 outlook after the EU and US reached an agreement on import tariffs. The new forecast includes 15% tariffs starting August 1, 2025, and earlier tariffs from June that were not included before. To reduce the impact, Porsche plans to adjust prices. Despite this, Porsche still expects group sales revenue in the range of EUR 37–38 billion, the same as before...

News  Updated at: 2025/07/30

rsification strategy and operational efficiency, with plans for further expansion through automation, innovation, and a joint venture with Shenzhen Zhonghong Technology to develop ADAS and smart cockpit systems. Betamek, a leading ODM and EMS provider for the automotive sector, maintains a positive outlook supported by robust demand in affordable vehicle segments, particularly from its key customer Perodua, which currently holds a strong order ba...

News  Updated at: 2025/07/28

ort more vehicles from its plant in Chattanooga, Tennessee, where it currently makes ICE SUVs and EV crossovers mostly for the North American market.  In its H1 financial report, Volkswagen said it absorbed USD 1.53 billion in expenses in due to President Trump’s trade war, and cut its full-year outlook after the tariffs hit its Porsche and Audi brands especially hard. (Detroit News and other sources on July 25, 2025)...

News  Updated at: 2025/07/26

uld have been 5.6%. Whereas in vehicle production, it decreased by 0.6% YoY to 2.325 million units in Q2 2025 and also decreased by 1.9% from a year ago to 4.519 million units in H1 2025. In the Western Europe region, overall order intake increased by 19%, with an increase of 62% from EVs. For 2025 outlook, the VW Group expects sales revenue to be in line with the previous year’s figure (previously: increase of up to 5%). The Group’s operatin...

News  Updated at: 2025/07/25

Nine automakers to announce financial results for April-June 2025 starting today; focus on how they include tariff impact in yearly outlook The financial results of nine Japanese automakers for the April-June period of 2025 will be released starting July 24. The additional tariff on automobile exports to the U.S. was set at 12.5%, down from 25%, and attention is now focused on how each automaker will reflect the impact of the tariff in their full...

News  Updated at: 2025/07/24

uccessfully placed MXN 3 billion in bonds on the Mexican Stock Exchange, achieving an oversubscription of 1.35 times. The issuance, coordinated with Scotiabank, BBVA, and Santander, is part of a MXN 10 billion program and reflects strong investor confidence in Daimler’s financial strategy and the outlook of the heavy vehicle sector in Mexico. Proceeds will support refinancing and working capital needs. The bond placement, rated AAA(mex) by Fitc...

News  Updated at: 2025/07/19

of the Nissho Kai (Nissan’s parts supplier organization) was held in Yokohama City in the afternoon of July 9. Although the top management and executives of the suppliers gathered, Nissan explained only the plans it had previously presented, including reduction of the number of its plants and the outlook for its production volume. Some attendees voiced their disappointment by saying, for example, that, “There was nothing new.” Concerning th...

News  Updated at: 2025/07/11

for Jiangsu Yueda Kia. For emerging NEV makers, retail shares totaled 19.5% in June, up 0.2 percentage points y/y. Specific sales results were differentiated, with some brands undergoing adjustments. Mainstream independent automakers’ sub-brands had a share of 11.7%, flat y/y. Market analysis and outlook In June 2025, China’s passenger car retail, wholesale, and production volumes all set a new monthly high, while the export volume hit an all...

News  Updated at: 2025/07/09

wn 22.7% from 13,790 vehicles in 2024). Production of the R1T, R1S, and Delivery 500/700 delivery vans was limited during the second quarter in preparation for model year 2026 vehicles expected to launch later in July. Production and delivery results for the second quarter are in line with Rivian's outlook. Rivian is also reaffirming its 2025 delivery guidance range of 40,000 to 46,000 vehicles. Rivian releases its second quarter 2025 financial r...

News  Updated at: 2025/07/03

xchange rate, price increases, and ongoing geopolitical uncertainties, as factors contributing to subdued demand in the premium vehicle segment. Despite the current slowdown, Audi India expressed optimism about the upcoming festive season, citing strong consumer aspirations and a positive long-term outlook for the luxury car market. Audi India has now surpassed 6,500 charging points nationwide. Based on the Audi India press release...

News  Updated at: 2025/07/02

my. The White Paper states that the Chinese manufacturing industry is rapidly expanding its capacity at a recor pace, issuing a warning of increasing Asian country dependence on China. The effective U.S. tariff ratio increased to 25.9% in April, and the International Monetary Fund (IMF) lowered its outlook for 2025 global economic growth to 2.8%, which is 0.5% lower than the 2024 figure. Regarding China, the Ministry has analyzed that Guangdong a...

News  Updated at: 2025/06/30

AUMOVIO unveils strategic goals and financial outlook Continental AG’s Automotive group sector, which will begin operating as the independent listed company AUMOVIO in September 2025, announced its strategic goals and financial outlook. It generated sales of around EUR 19.6 billion in the 2024 financial year and employed around 93,000 people in over 50 countries worldwide. AUMOVIO will focus on technologies, such as software-defined vehicles an...

News  Updated at: 2025/06/25

Continental confirms planned sale of ContiTech and announces mid-term and 2025 outlook Continental AG has confirmed the planned sale of its ContiTech group sector, scheduled for 2026 following the sale of its Original Equipment Solutions (OESL) business area in 2025. The company also updated its sales and profitability outlook for 2025 and for the next 3 – 5 years. For the medium term, Continental expects sales of around EUR 19.5 – 22 billion...

News  Updated at: 2025/06/25

ver-assistance systems have become more stringent. Consequently, no passenger cars were exported to Europe in May.  However, pickup truck exports rose in line with increased production for exports. Vehicle shipments in May grew in the Australian and Middle Eastern markets. Despite these gains, the outlook for vehicle and auto parts exports remains uncertain due to ongoing U.S. import tariffs and geopolitical conflicts in several regions, both of...

News  Updated at: 2025/06/24