Alicon Castalloy, India revises outlook for FY 2025-26, plans INR 1.7 billion capex On May 14, Alicon Castalloy, in an investor update, announced that it expects a capital expenditure of around INR 1.7 billion in the next financial year (FY 2025-26, ending March 31, 2026) to build capabilities and support its expanding business pipeline. For FY 2024-25, they had projected INR 18 billion in revenue, targeting 15% year-on-year growth, but closed at...

News  Updated at: 2025/05/27

hailand’s competitiveness amid challenges like U.S. tariffs and global economic uncertainties. According to the OIE Director-General, although the U.S. proposed a 36% tariff on Thai goods in April 2025, its implementation has been delayed by 90 days for negotiations. Clarity on Thailand’s trade outlook is expected after July, with final U.S. tariffs likely to range between 10% and 20%. (From an article of The Nation on May 26, 2025 and multip...

News  Updated at: 2025/05/26

Brose unveils 2025 outlook and global restructuring plans amid market challenges Brose Fahrzeugteile SE & Co. KG (Brose) anticipates stagnating sales in 2025 due to the ongoing market challenges, such as sluggish demand for EVs and intensifying competition, particularly from Chinese EV manufacturers. To address these challenges and return to a positive operating result in 2025, the company will implement the restructuring measures swiftly and con...

News  Updated at: 2025/05/23

ed the drive unit business for HVs and plug-in hybrid vehicles (PHVs) to its growth areas. In its mid-term business plan through 2030, Aisin planned to shift its management resources to growth areas of EV products, braking systems, as well as safe and comfortable entry. However, having reviewed the outlook of powertrain ratios in 2030, the company has reduced the EV ratio by 31%. It has increased the internal combustion engine (ICE) vehicle ratio...

News  Updated at: 2025/05/23

Daido Metal announces new mid-term business plan through FY 2030 Daido Metal Co., Ltd. (Daido Metal) has announced its new mid-term business plan for the period ending in March 2031 (FY 2030), which sets an FY 2030 operating profit goal of JPY 17 billion, more than two-fold from its FY 2025 outlook. In its automotive engine bearing business, the company will reorganize its production system and strengthen collaboration with partner companies outs...

News  Updated at: 2025/05/15

Daimler Truck lowers 2025 North America sales forecast amid market uncertainty, maintains profit outlook On May 13, Daimler Truck announced that it has lowered its 2025 sales forecast for Class 8 trucks in North America to 260,000–290,000 units (down from 280,000–320,000) due to market uncertainty. It now expects 155,000–175,000 sales for its Trucks North America segment (previously 180,000–200,000), assuming customer demand improves from...

News  Updated at: 2025/05/14

motor contributing 5.2 percentage points. Mainstream independent automakers’ sub-brands had a share of 12.6%, up 0.8 percentage points y/y. Large automotive groups’ original sub-brands, such as Deepal, Avatr, Fang Cheng Bao, Arcfox, and Voyah, saw considerable sales volumes. Market analysis and outlook Driven by China’s national consumption promotion policies, many provinces and cities issued and gradually implemented related policies. Coup...

News  Updated at: 2025/05/14

is difficult to predict details of agreement and make reasonable calculations for the future due to constant changes in the U.S. tariff policy, according to Mazda Motor Corporation’s (Mazda) President Masahiro 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...

News  Updated at: 2025/05/14

will not be immediately affected. However, about half of new Toyota cars sold in the U.S. are imported from Japan and other countries, and impact from a 25% additional automotive tariff cannot be negligible. On May 8, Toyota’s Executive Vice President Yoichi Miyazaki explained that its financial outlook for the fiscal year that ends in March 2026 (FY 2025) includes an estimated tariff impact of JPY 180 billion for April and May as a temporary ...

News  Updated at: 2025/05/09

pany is working to mitigate the direct effects. Despite high uncertainty and subdued demand, KA noted a slight increase in customer activity in early 2025 compared to Q4/2024. Several key customers in Europe reported growing order books and production ramp-ups for H2/2025. The company maintains its outlook for 2025, expecting an improved EBIT margin compared to 2024. This outlook is supported by continued cost optimization and operational efficie...

News  Updated at: 2025/05/08

2025, compared to USD (497) million for the same quarter in 2024, and positive software and services gross profit of USD 114 million for Q1 2025, compared to USD (30) million for the same quarter in 2024. As a result of tariff and supply chain impacts, Rivian has revised its full-year 2025 delivery outlook to 40,000 to 46,000 vehicles. Due to its strong Q1 results, Rivian is maintaining its outlook range for Adjusted EBITDA of a USD (1.7) billion...

News  Updated at: 2025/05/08

BIT loss of USD 849 million, though U.S. retail sales grew 15% compared to a year ago. Ford said tariffs had impacted EBIT by USD 200 million in Q1, and going forward, because of tariff uncertainty, it will suspend its financial guidance for 2025, including full-year adjusted-EBIT. Based on current outlook, Ford expects tariffs will inflict a USD 1.5 billion loss to its adjusted EBIT for full year 2025, but says it is "subject to ongoing tariff-r...

News  Updated at: 2025/05/08

. The group delivered 586,117 vehicles, i.e., a decrease of 1.4% YoY. BMW brand sales reached 520,121 units, down by 2.0% YoY, while MINI delivered 64,615 vehicles, i.e., an increase of 4.1% YoY. It delivered around 109,513 all-electric vehicles, an increase of around 32.4%. BMW group confirms 2025 outlook despite global uncertainty. The IMF cut its global growth forecast to 2.8% for April 2025, citing trade conflicts, inflation risks, and uncert...

News  Updated at: 2025/05/07

s adjusted EBIT plunged 63.1% to USD 1,019 million, and its net profit declined 64.6% to USD 471 million. Ford said tariffs impacted EBIT by USD 200 million in Q1, and because of tariff uncertainty, it will suspend its financial guidance for 2025, including full-year adjusted-EBIT. Based on current outlook, Ford expects tariffs will inflict a USD 1.5 billion loss to its adjusted EBIT for full year 2025, but is "subject to ongoing tariff-related p...

News  Updated at: 2025/05/07

ersely, the bus segment exhibited resilience, underpinned by strong demand for school transport and staff mobility.  In the two-wheeler segment, dealers reported buoyant enquiry growth in rural areas post-Rabi harvest, driven by strong crop yields, healthy reservoir levels, and a favorable monsoon outlook, while wedding-season tailwinds sustained rural offtake. Urban demand remained robust, supported by new-model introductions, although elevated...

News  Updated at: 2025/05/05

led forward from consumers that may have been looking to front-run tariff disruptions. The overall costs from measures and uncertainty around the escalating trade conflict are likely to having lasting effects with some businesses having announced changes to hiring and production plans. Scotiabank's outlook for Canadian light vehicle sales of 1.84 million in 2025 and 1.83 million in 2026 likely faces downside risk. (DesRosiers releases on May 2, 2...

News  Updated at: 2025/05/03

Mercedes Benz reports 2025 Q1 results, withdraws outlook due to US tariff impact On April 30, Mercedes Benz Group announced 2025 Q1 financial results. For Q1, the Mercedes Benz Group posted revenue of EUR 33.2 billion (down 7.4% YoY), EBIT of EUR 2.3 billion (down 40.7%), and net profit of EUR 1.7 billion (down 42.8%). Mercedes Benz Cars sales decreased 3.6% YoY to 446,300 units in Q1, 2025, due to strong demand for the E-Class, GLC, AMG, and G-...

News  Updated at: 2025/04/30

Porsche revises 2025 forecast due to U.S. tariffs and EV market challenges On April 28, Porsche AG has revised its 2025 outlook mainly due to adjusting its global supply strategy due to growing geopolitical challenges. This is especially in China, where weak demand for electric luxury cars is expected to impact 2025 performance. New US import tariffs will hurt sales in April and May 2025, and this impact is included in the updated forecast. Howev...

News  Updated at: 2025/04/29

Seven major Toyota Group parts suppliers announce FY 2025 financial outlook According to seven major Toyota Motor Corporation (Toyota) Group parts suppliers’ financial outlook for the fiscal year that ends in March 2026 (FY 2025), four companies including Denso Corporation (Denso) and Toyota Industries Corporation (Toyota Industries) expect a revenue decrease, and four companies including Aisin Corporation (Aisin) and Toyota Boshoku Corporation...

News  Updated at: 2025/04/28

Nissan revises full-year FY2024 outlook, operating profit down to JPY85 billion, net loss up to JPY 750 billion due to impairment loss On April 24, Nissan Motor announced a significant revision to its financial outlook for the full fiscal year ending March 31, 2025. Compared with the outlook issued at the time of Nissan’s third quarter results in February, the forecast full-year sales volume has been lowered to 3.35 million units from 3.4 milli...

News  Updated at: 2025/04/25