reased 6.8% to 335,859 units. Electrified vehicle sales over the 11-month period reached 28,102 units, including 22,027 HEVs, 4,261 BEVs, and 1,814 PHEVs. Toyota Motor Philippines led the market, followed by Mitsubishi, Ford, Suzuki, and Nissan. For CAMPI, the November slowdown has not dampened its outlook for the industry’s year-end performance, as vehicle demand usually picks up during the holiday season.  (From an article of Philstar on Dec...

News  Updated at: 2025/12/19

dependable, and scalable EV ecosystem, highlighting the importance of integrating vehicles, charging technologies, and real-world deployment strategies. Such collaboration is viewed as a key enabler in turning EV adoption from ambition into a practical, long-term reality. CarBEV noted its positive outlook on potential collaborations with both companies as it continues to push forward initiatives supporting the future of electric mobility. (From ...

News  Updated at: 2025/12/19

nted for 39.1%, interior and exterior parts accounted for 32.9%, functional parts accounted for 16.9%, weatherstrip products accounted for 11.0%, and others products accounted for only 0.1%. We can see that the percentage of safety systems has been on a growth trend in recent years. Q3. What is the outlook over the medium- to long-term for the automotive parts business? And what segments will you focus on going forward?  A3. We will continue to ...

News  Updated at: 2025/12/16

shape, while in China, where the company had been struggling, newly launched models are starting to show positive effects. The company’s financial results for April to September 2025 included declines in revenue from most of its affiliated suppliers, but their executives are expressing a positive outlook on favorable factors. “China is at its lowest point,” Tetsuji Hirano, executive officer and general manager of the Strategy Planning Depar...

News  Updated at: 2025/12/10

single Japanese anchor customer, face higher risks of either being acquired, forced into joint ventures, or exiting the market. The speed and depth of EV related localization by both Japanese and Chinese OEMs will largely determine how painful and how long this transition is for Thai suppliers. 7. Outlook: From a Japanese ICE Hub to a Mixed Japanese-Chinese EV Hub Thailand’s positioning as the “Detroit of Asia” is unlikely to disappear, bu...

News  Updated at: 2025/12/09

units for Jiangsu Yueda Kia; and 321 units for SAIC Maxus. For emerging NEV makers, retail shares totaled 22.1% in November, up 5.9 percentage points y/y. BEV sales volume accounted for 72.8% of the NEV volume, reflecting a great increase from 57.2% in the same period last year. Market analysis and outlook In November 2025, China’s passenger car production, export, and wholesale volumes all set a record high for the month, with the export volum...

News  Updated at: 2025/12/09

ded that Mitsubishi is in talks with Nissan and Honda on further collaboration outside the U.S. Nissan currently supplies minivans to Mitsubishi in the Philippines, while Mitsubishi builds pickup trucks for Nissan in Oceania. While Nissan is Mitsubishi’s largest shareholder, Kato commented on the outlook for the relationship, saying “advancing talks on collaboration comes first,” adding that “going forward we’ll consider whether a more ...

News  Updated at: 2025/12/05

uled to meet global carmakers on November 26 for its monthly review, where discussions will cover possible assistance for dealers, businesses, and consumers impacted by the floods. Combined with the broader economic slowdown, the floods are likely to prompt adjustments to the industry’s full-year outlook. Still, the club is holding onto its 2025 production target of 1.45 million vehicles. Previously, the club said the new government’s stimul...

News  Updated at: 2025/11/26

s in October, it surpassed 550,000 units for the first time, setting a record. This was driven by GST rate cut on small cars, boosting demand in compact and sub-4-metre passenger vehicles. In the near term, sales are expected to remain strong, supported by GST reforms, a favorable domestic economic outlook, festive spending, healthy rural cash flows, upcoming model launches, and stable fuel prices....

News  Updated at: 2025/11/17

539 units for Jiangsu Yueda Kia; and 530 units for JAC Group. For emerging NEV makers, retail shares totaled 22.7% in October, up 6 percentage points y/y. BEV sales volume accounted for 74.3% of the NEV volume, reflecting a great increase from 53.6% in the same period last year. Market analysis and outlook In October 2025, China’s passenger car production, export, and wholesale volumes all set a record high for the month, with the export volume...

News  Updated at: 2025/11/11

Honda FY2025 H1 operating profit down 41.0%, lowers full-year outlook due to tariffs and chip shortage On November 7, Honda announced its earnings results for the first half of the fiscal year ending March 2025 (FY2025). For the first six months of FY2025, Honda’s consolidated sales revenue decreased by 1.5% year-over-year (YoY) to JPY 10.6 trillion and operating profit was down 41.0% YoY to JPY 438.1 billion. Factors contributing to the change...

News  Updated at: 2025/11/10

hicle (CV) sales benefited from rising freight activity, rural logistics, and infrastructure growth. The two-wheeler (2W) segment experienced increased footfalls and high conversion rates, driven by strong rural demand, GST reductions, and festive enthusiasm. Looking forward, the near-term industry outlook remains highly optimistic, supported by economic momentum, festive spending, healthy rural cash flows, marriage season demand, improved stock ...

News  Updated at: 2025/11/07

o 1,480 thousand units. Global production declined 10.8% YoY to 1,389 thousand units.  Nissan maintained its full-year forecast of global sales at 3,250 thousand units, down 2.9% YoY, although in China where demand for N7 midsize electric sedan is encouraging, sales are expected to exceed previous outlook by 13.2%. As announced on October 30, full-year forecast for net revenue is JPY 11,700 billion and operating loss at JPY 275 billion, a break ...

News  Updated at: 2025/11/07

23.6% to 36,830 units (25.4% share), hybrid electric (HEV) car sales increased 2.1% to 19,250 units (13.3% share), plug-in hybrid electric (PHEV) car sales surged 27.2% to 17,601 units (12.1% share) and diesel-engine car sales dropped 22.9% to 6,907 units (4.8% share). The latest quarterly industry outlook forecasts that the overall new car market for 2025 will top two million units (2.012 million) for the first time since pre-pandemic 2019, with...

News  Updated at: 2025/11/06

Hino increases FY2025 operating profit outlook by JPY 25 billion Hino Motors, Ltd. (Hino) announced on November 4 that it has revised upward its consolidated outlook for the fiscal year ending in March 2026 (FY2025). While its projected sales will remain unchanged, the company has increased its projected operating profit by JPY 25 billion to JPY 65 billion, and projected net profit by JPY 20 billion to JPY 40 billion. Hino’s President Satoshi O...

News  Updated at: 2025/11/05

Aston Martin cuts 2025 volume outlook amid global economic challenges and tariff pressures On October 29, Aston Martin reported that Q3 2025 wholesale volumes dropped by 13% YoY to 1,430 units compared to 1,641 units in Q3 2024. The decline was due to a tougher global economy, the impact of tariffs, and planned lower deliveries of Special models. Model transitions and varying delivery schedules across regions also affected Q3 volumes compared to ...

News  Updated at: 2025/10/31

Nissan revises H1 forecast and full-year guidance, projecting JPY 275 billion operating loss for FY2025 On October 30, Nissan Motor announced a revision to its financial outlook for the first half of FY2025 and provided full-year guidance for FY2025 ending March 31, 2026. Compared to the previous outlook, the forecast for operating loss for the first six months of FY2025 has been lifted from JPY 180 billion to JPY 30 billion. This is primarily du...

News  Updated at: 2025/10/31

4%, which is decent given the current economy. However, rising trade tariffs could cost the company up to EUR 5 billion for the full year. Order growth was mainly driven by new models across all powertrains, with BEV orders up 64%, making up about 22% of total orders in Western Europe. For the 2025 outlook, VW Group expects its sales revenue to remain similar to 2024, with an operating return on sales between 2% to 3%. The forecast assumes a stab...

News  Updated at: 2025/10/30

tariff policies, as well as the decline in the market share of Japanese cars in China. The company’s public relations stated, “Although our production volume is recovering, we have judged that we will not be able to achieve our initial FY2025 targets.” As for the FY2025 consolidated financial outlook, Koito Manufacturing has revised them upward from its previous announcement on July 29 based on factors such as recent production recovery. Th...

News  Updated at: 2025/10/30

Mercedes-Benz Cars, vehicle sales were down 12.3% YoY to 441,453 units in Q3 2025. The sales were affected by market conditions in China, tariff changes, and careful inventory management in U.S. At Mercedes-Benz Vans, vehicle sales were down 7.9% YoY to 83,843 units in Q3 2025.  Regarding the 2025 outlook, Mercedes Benz Cars and Vans expects full year sales to be significantly below the prior year. The share of BEV and plug-in hybrid vehicles (x...

News  Updated at: 2025/10/29