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May vehicle sales in Thailand up 4.7%, production up 10.3% (detailed report)
May vehicle sales in Thailand up 4.7%, production up 10.3% (detailed report) According to the Federation of Thai Industries (FTI), May vehicle sales in Thailand increased 4.7% year over year to 52,229 units. This marks the second consecutive month of growth, driven by rising sales of BEVs, PHEVs, and ICE passenger cars. The growth is attributed to increasingly affordable vehicle pricing. However, ICE pickup truck sales continued to decline, impac...
News Updated at: 2025/06/27
Global EV sales up 23.1% to 1.43 million units in May
27 thousand units, followed by the United States with 134 thousand units and Germany with 68 thousand units. In terms of market share, Norway leads the way with 83.6%, Sweden second with 56.9%, and China third with 54.5%. Finland and UK followed with 47.4% and 30.5% respectively. Based on MarkLines report...
News Updated at: 2025/06/26
May vehicle production in Thailand up 10.3% (Flash Report)
May vehicle production in Thailand up 10.3% (Flash Report) On June 24, 2025, the Federation of Thai Industries (FTI) announced that vehicle production in May 2025 totaled 139,186 units, up 10.3% YoY. This represents the first rise in 21 months, driven by a sharp increase in the production of BEVs and PHEVs. Of the total vehicle production, 37.28% was for domestic sales, while 62.72% was allocated for export markets. According to data from FTI mem...
News Updated at: 2025/06/24
Investigation report by Japanese government: price transfer advanced to certain extent
Investigation report by Japanese government: price transfer advanced to certain extent Japan’s Small and Medium Enterprise Agency announced its investigation report about price negotiation and price transfer situations from September 2024 to March 2025 (the second half of fiscal year 2024). While the overall implementation rate of price negotiations and the rate of price pass-on have increased since the previous survey, there is a growing polar...
News Updated at: 2025/06/23
Ford recalls 316,911 Mach-Es worldwide warning occupants could be locked out
12 minutes through continued DC/DC converter function, preventing a lockout during this time period. Additionally, front doors will unlock when inside release handles are used to open them during this time period, and will remain unlocked until they are intentionally locked by the customer. (NHTSA report on June 18, 2025) (NHTSA report on June 13, 2025)(Detroit Free Press article on June 18, 2025) ...
News Updated at: 2025/06/21
EU delays Battery Due Diligence rules by two years to ease industry transition
‘Omnibus IV’ package adopted by the Commission on 21 May 2025 to simplify legislation, as part of the EU’s broader effort to support industrial competitiveness by reducing regulatory complexity. As part of the EU’s battery regulation, adopted in 2023, battery producers are obliged to publicly report on their due diligence practices to prevent or reduce batteries’ adverse impacts on the environment, including their waste management. The ...
News Updated at: 2025/06/20
Uno Minda, India to set up casting plant for EV components in Aurangabad
Uno Minda, India to set up casting plant for EV components in Aurangabad On June 19, Uno Minda Limited announced that its board of directors has approved the detailed project report (DPR) for establishing a new manufacturing facility for its casting division at Sambhaji Nagar, Aurangabad. The total capital expenditure for the project is estimated at approximately INR 2.1 billion, which will be invested in a phased manner over the next five years....
News Updated at: 2025/06/19
Shyft Group shareholders approve merger with Aebi Schmidt Group
ry of the Aebi Schmidt Group, a Swiss-based provider of mission-critical solutions for infrastructure, environmental, and agricultural applications, with and into Shyft. At the special meeting of shareholders, approximately 99% of the shares voted were cast in favor of the transaction. Shyft's full report of voting results will be filed in a Current Report on Form 8-K with the U.S. SEC. The transaction is expected to close on or around July 1, 20...
News Updated at: 2025/06/19
Auto sales in Vietnam up 13.2% in May
Auto sales in Vietnam up 13.2% in May According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on June 11, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 13.2% year-over-year to 29,210 units in May. CKD volume was 13,800 units and CBU volume was 15,410 units. VAMA members (20 manufacturers) sales in May were up 4.1% y/y to 22,658 units. VAMA members passenger car sales w...
News Updated at: 2025/06/12
China’s May vehicle production, sales volumes increase 11.6% y/y, 11.2% y/y, respectively
ports totaled 2.49 million units, up 7.9% y/y. Specifically, PV exports totaled 2.079 million units, up 7.4% y/y; CV exports totaled 411,000 units, up 10.5% y/y; and NEV exports totaled 855,000 units, up 64.6% y/y. From a CAAM press release(China’s monthly sales figures) Vehicle sales data (flash report for May 2025) May 2025 Jan. – May 2025 Sales vol. (1,000 units) Share (%) y/y (%) Sales vol. (1,000 units) Share (%) ...
News Updated at: 2025/06/12
Hino to transfer Hamura plant to Toyota
. Koreatsu Aoki, who was seconded from Toyota to Hino on June 10 and appointed as an officer of Monozukuri Function. Since it commenced production in 1963, the Hamura Plant has manufactured Toyota vehicles suchas both brands' light-duty trucks, Hilux and Land Cruiser 250. According to Hino's annual report, the number of employees at the Hamura Plant as of the end of March 2024 is approximately 3,200. Going forward, the Hamura Plant will continue ...
News Updated at: 2025/06/11
Brazilian vehicle sales up 16.2% to 225,710 units in May 2025 (ANFAVEA)
he Fiat Strada was the best-selling commercial vehicle in May with 11,854 units, followed by the VW Saveiro with 5,536 units, Fiat Toro with 4,690 units, Toyota Hilux with 4,425 units, Chevrolet S10 with 2,772 units, Ford Ranger with 2,670 units, and RAM Rampage with 2,182 units. In ANFAVEA's sales report by fuel type, sales of flexible fuel vehicles increased 12.1% y/y to 162,239 units (75.6% share), diesel vehicles jumped 24.9% to 21,556 units ...
News Updated at: 2025/06/06
Ford CFO provides insights to company reactions to rare-earth, tariff challenges
e expense before you actually get the money reimbursed.” On getting suppliers outside the U.S. to relocate: While in Ford’s case, 80% of the parts used on its vehicles are USMCA compliant and 80% of the vehicles they sell in the U.S are built in the U.S., though it warned during its Q1 earnings report that tariffs will add USD 1.5 billion in net costs in 2025.For the 20% of suppliers who import parts, House said Ford is seeking ways to mitiga...
News Updated at: 2025/06/06
Mexican vehicle sales down 0.4% in May 2025
Mexican vehicle sales down 0.4% in May 2025 On June 4, Mexico’s Instituto Nacional de Estadistica y Geografia (INEGI) reported sales of 119,959 light vehicles in May, representing a decrease of 0.4% from the 120,452 sales in May 2024. Nissan sold 22,573 units in May, an increase of 8.4% from the previous year. Overall Volkswagen Group sales of 12,618 units in May decreased 10.2% from the same month in 2024. General Motors sold 15,604 units, a d...
News Updated at: 2025/06/05
U.S. consumer interest in EVs declines in 2025 AAA survey
U.S. consumer interest in EVs declines in 2025 AAA survey On June 3, U.S. insurance company AAA said that despite the wide variety of electric vehicle (EV) models now available, its latest survey highlighted buyers continued hesitation. The survey was conducted March 6-10, 2025, with a total of 1,128 interviewees. Only 16% of U.S. adults report being “very likely” or “likely” to purchase an EV as their next car, the lowest percentage reco...
News Updated at: 2025/06/05
Car makers warn China's rare-earth curbs could halt production
Car makers warn China's rare-earth curbs could halt production On May 30, Reuters reported that global auto executives are sounding the alarm on an impending shortage of rare-earth magnets from China – used in everything from windshield-wiper motors to anti-lock braking sensors – that could force the closure of car factories within weeks. In a previously unreported May 9 letter to Trump administration officials, the head of the trade group re...
News Updated at: 2025/06/04
Einride, Sweden unveils major tech upgrades, including eBot and Energy Reservation System at Spring Update event
but the actual energy needed, improving usage rates by over 50% at the initial tests. Growing Smartcharger network in Sweden: With 7 charging sites live and 6 more coming by 2026, Einride is building one of Europe’s most advanced EV freight charging networks. AI planning saves fleet costs: A new report with the Fraunhofer Institute shows Einride’s AI-driven freight planning cuts total costs of ownership by 8–13%, proving it outperforms sta...
News Updated at: 2025/05/30
April vehicle sales in Thailand up 1.0%, production down 0.4% (detailed report)
April vehicle sales in Thailand up 1.0%, production down 0.4% (detailed report) According to the Federation of Thai Industries (FTI), April vehicle sales in Thailand increased 1.0% year over year to 47,193 units. In the first 4 months of 2025, vehicle sales were 200,386 units, a decline of 4.8% YoY. According to the FTI, the modest YoY increase was mainly driven by stronger electric passenger car sales. However, pickup truck sales continued to ...
News Updated at: 2025/05/29
Toyota to move some GR Corolla production to Britain, Reuters reports
Toyota to move some GR Corolla production to Britain, Reuters reports On May 27, Reuters reported that Toyota is moving some production of its GR Corolla sports car to Britain to build exports for North America, according to two people with knowledge of the matter. By shifting some production from Japan, Toyota aims to use excess capacity in Britain to help it cut delivery wait times for the car. The move was not in reaction to U.S. President Don...
News Updated at: 2025/05/28
Global EV sales up 31.6% to 1.34 million units in April
62 thousand units, followed by the United States with 130 thousand units and Germany with 70 thousand units. In terms of market share, Norway leads the way with 84.1%, Sweden second with 58.5%, and China third with 53.6%. Finland and UK followed with 49.9% and 28.8% respectively. Based on MarkLines report...
News Updated at: 2025/05/26