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MITI clarifies open investment rules for BYD and other foreign automakers in Malaysia
TI) has issued a statement clarifying its policies on foreign automotive investment and BYD’s CKD assembly plans in Malaysia. Earlier reports suggested that MITI had imposed restrictive conditions on BYD’s Tanjung Malim plant, including a reported requirement to export up to 80% of vehicles and price the remaining 20% for local sales above MYR 200,000, which sparked social media discussion. MITI clarified that these reports were incorrect, co...
News Updated at: 2026/04/03
GM U.S. Q1 2026 sales fall 9.7% from pre-tariff market high
GM U.S. Q1 2026 sales fall 9.7% from pre-tariff market high On April 1, GM announced that its sales in Q1 2026 totaled 626,429 vehicles, a decline of 9.7% compared to the same period a year earlier. GM says it expects a similar decline for the U.S. auto industry as a whole since the current market has been feeling the effects of winter storms (as well as affordability and gasoline price concerns) and is being compared to an exceptionally high sel...
News Updated at: 2026/04/03
Toyota launches US-produced Tundra and Highlander in Japan
the Highlander, a mid-size SUV produced at its Princeton, Indiana plant, to the Japanese market, utilizing the new regulations implemented on February 16. Initially, the vehicles were launched on April 2 through Toyota Mobility Tokyo Inc. A nationwide launch is planned for this summer. The selling price for the Tundra 1794 Edition is 12 million yen (including tax), and the Highlander Limited ZR Hybrid is 8.6 million yen (including tax). The targ...
News Updated at: 2026/04/02
Eight Japanese passenger vehicle OEMs’ February 2026 performance: global production falls for 2 consecutive months, 3 leading OEMs suffer slowdown
osted double-digit growth in both Japan and overseas, reflecting the impact of new models. Its global sales fell for the first time in three months by 4.2% to 1,832,290 units year over year. Both global and overseas sales declined at seven companies, excluding Suzuki. In particular, in China, where price competition is intensifying, all five companies selling locally (Toyota, Honda, Nissan, Mazda, and Subaru) saw double-digit declines. (From an a...
News Updated at: 2026/03/31
Stellantis supplier dispute stops Mexican plant, threatens Canadian operations
rt against ZF Foxconn Chassis Modules, who the company alleged stopped shipments to a plant in Mexico, disrupting production of the Jeep Cherokee and Compass models. The original dispute dates back to December 2025, when Stellantis said its U.S. affiliate paid more than USD 26 million and agreed to price increases to prevent a parts stoppage. Stellantis said this “emboldened” the supplier, which now in March said it would stop shipping parts ...
News Updated at: 2026/03/31
Government of India cuts e-2W incentive under PM E-DRIVE, sets July 2026 deadline for subsidy claims
ehicle) to INR 2,500 per kWh (capped at INR 5,000 per vehicle) effective April 1, 2025, with a terminal date of July 31, 2026 for e-2W (electric two-wheeler) subsidy claims. The scheme's total outlay remains capped at INR 109 billion, with up to 2,479,120 e-2Ws supported under a maximum ex-factory price of INR 150 thousand, and total fund support of INR 17.72 billion for this segment. For e-rickshaws and e-carts, the incentive is similarly halve...
News Updated at: 2026/03/30
Innoviz, Israel, announces receipt of Nasdaq non-compliance letter
Innoviz, Israel, announces receipt of Nasdaq non-compliance letter On March 27, Innoviz Technologies Ltd. received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC, indicating that the Company no longer satisfies Nasdaq Listing Rule 5550(a)(2) based upon a closing bid price of less than USD 1.00 per share for its ordinary shares for the prior 30 consecutive business day period. The notification from...
News Updated at: 2026/03/30
BIMS 2026: Honda announces e:N2 pricing; 6th-gen Prelude, Super EV Concept on display in Thailand
BIMS 2026: Honda announces e:N2 pricing; 6th-gen Prelude, Super EV Concept on display in Thailand Announced on March 23, 2026, Honda Automobile (Thailand) Co., Ltd. and Thai Honda Co., Ltd. presented their booth at the 47th Bangkok International Motor Show under the theme “Activating Life’s Next Move.” The highlight was the launch price of the Honda e:N2 electric SUV at THB 1,429,000, which drew strong early interest with more than 2,500 bo...
News Updated at: 2026/03/30
GlobalData blog: China’s auto market achieved steady growth in 2025
ent. New Energy Vehicle (NEV) sales topped 13 million units, with a rise of 20% YoY, and became the main growth force. Many international brands are facing a continued downward trend, while domestic brands largely maintained robust growth throughout the year. However, government intervention on the price war—which started in Q3 2023—caused BYD Group to unexpectedly fall short of expectations. The automaker had delivered an impressive performa...
News Updated at: 2026/03/30
INFINITI reveals all-new 2027 QX65 with fastback design, luxury interior
all-new QX65, a sporty fastback with dramatic styling inspired by the iconic INFINITI FX, advanced technologies and enhanced performance. The all-new 2027 QX65, built at the company’s plant in Smyrna, Tennessee, is scheduled to arrive at U.S. dealerships in early summer 2026, with a starting price of USD 53,990. QX65 variants include QX65 SPORT and luxurious QX65 AUTOGRAPH, with it open-pore wood-toned accents, quilted dashboard and semi-a...
News Updated at: 2026/03/28
Cadillac introduces RHD 2026 Lyriq-V in Japan
Cadillac introduces RHD 2026 Lyriq-V in Japan On March 25, General Motors Japan Ltd. announced it will begin sales of the Cadillac Lyriq V, a high-performance model of the Cadillac Lyriq, as the brand seeks to expand in the Asian market.Pre-orders will be accepted for a limited time from March 25 until June 21 for a designated price (including tax) of JPY 18,900,000. Deliveries are scheduled to begin in early 2027. All Cadillac models imported to...
News Updated at: 2026/03/28
SMMT, UK, raises concern over rising diesel price, advocates zero emission transition
SMMT, UK, raises concern over rising diesel price, advocates zero emission transition On March 26, the Society of Motor Manufacturers and Traders Limited (SMMT) stated that since February 28, diesel prices have been increasing, which poses serious challenges in the commercial vehicle space. The current conflict exposes the fragility of fuel supply. Long-term stability depends on reducing reliance on global oil and gas markets. Transitioning to al...
News Updated at: 2026/03/27
Toyota Land Cruiser FJ launched in Thailand; 84% local content, exports planned
ing (LWH) 4,610x 1,855x 1,890 mm with a 2,580 mm wheelbase, it is shorter than the Fortuner. The boxy “PLAYFUL DICE” design incorporates short overhangs to improve off-road capability, while Toyota emphasizes customization through accessories, including those from ARB (Thailand). The model is priced at THB 1,289,000, with a launch price of THB 1,269,000 available until August 2026. It will be showcased at the 47th Bangkok International Moto...
News Updated at: 2026/03/26
GlobalData blog: GlobalData revises forecasts down on Middle East conflict
ainty over energy supply. Since the G LVSF publication, we have lowered the global market forecast by around 400-500k units, with this split between further downward revisions to the Middle East, as well as lowering other regions such as Europe and Asia to account for some impact from higher energy prices. This new, relatively more cautious market position will underpin our forthcoming production forecast released March 31st, 2026. Change in Glob...
News Updated at: 2026/03/26
Slovakia announces temporary measures to limit consumption of diesel fuel
k of a motor vehicle and to one portable container with a maximum volume of 10 liters. A financial limit of EUR 400 per refueling is set. The second measure is a temporary restriction on the export of diesel fuel from the Slovak Republic. The third temporary measure is the introduction of a special price for diesel fuel for vehicles registered outside the territory of the Slovak Republic. The measures will not apply to the components of the integ...
News Updated at: 2026/03/25
Nippon Sheet Glass to be delisted by November 2026 for business restructuring
June, and Apollo will complete payment in October. Nippon Sheet Glass, which will become a wholly-owned subsidiary of Apollo, will combine approximately 120 million issued common shares to one and delist it from the stock market. Its current shareholders will receive JPY 500 per share. The closing price of the company’s share was JPY 405 on March 23. (From an article in the Nikkan Jidosha Shimbun on March 24, 2026)...
News Updated at: 2026/03/25
Mexico’s auto parts industry monitors middle east war effects
ve reportedly surged significantly compared to previous levels, while transit times have lengthened as vessels avoid high-risk areas. Although Mexico does not rely heavily on direct trade with the affected region, global supply chain interconnections are generating indirect impacts. While immediate price adjustments may not yet be visible in finished products, the sector is preparing for sustained logistics volatility and higher operational costs...
News Updated at: 2026/03/24
Faraday Future receives warning from NASDAQ, clearance from U.S. SEC
Faraday Future receives warning from NASDAQ, clearance from U.S. SEC On March 20, Faraday Future Intelligent Electric Inc. announced that the Nasdaq Stock Market LLC stated that the company’s Class A common stock failed to meet the USD 1.00 per share minimum bid price requirement for 30 consecutive trading days, and under its rules is providing 180 days to regain compliance. Faraday Future now has until September 16, 2026, to meet the requireme...
News Updated at: 2026/03/24
GlobalData blog: How is Tesla’s pivot to robotics and AI likely to affect it going forward?
bal Tesla facilities potentially joining production if demand materializes. Five-year outlook for Tesla The next five years will likely determine whether Tesla’s robotics strategy becomes a durable pillar of the company’s business model. From a cost perspective, current estimates suggest a unit price of around USD 20,000-30,000 per robot, while investment banks project significant long-term market potential. Morgan Stanley estimates a total a...
News Updated at: 2026/03/23
GlobalData blog: European light vehicle production and sales decouple as Chinese imports take off
ith a slightly higher level of imports into Europe more than offset by a gradual recovery in European exports to the US. Ultimately, Europe’s post 2024 sales–production decoupling is less reflective of weak demand and more indicative of a worsening trade imbalance: imports—led by increasingly price-competitive Chinese-built models that have accommodated EU tariffs—are rising sharply, while exports are stagnating under intensifying competi...
News Updated at: 2026/03/23



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