ur business. We see an end to demand for engine parts that we supply for engines, such as valve springs and transmission springs. On the other hand, on a positive note, we anticipate that there will be increased demand for motor cores and thermal management parts used in electric vehicles. With the trend toward EVs slowing down, we believe that vehicles mounted with internal combustion engines will not become a thing of the past immediately, but ...

News  Updated at: 2025/12/17

mall, domestic automobile-manufacturing workforce and high wage levels, it is a country where it is more suitable to produce high-value-added vehicles mounted with V8 and V10 engines. The automotive industry is said to be going through a "once-in-a-century transformation". We are seeing this in the trend toward more electrification. Europe has revised its policy of banning internal combustion engines by 2035 and is embracing a migration to synthe...

News  Updated at: 2025/12/16

ded in March 2025, safety systems accounted 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 go...

News  Updated at: 2025/12/16

technical advantages in combustion efficiency, structural lightweighting, precise lubrication, and sealing performance, and has been improved in power-to-weight ratio, operating smoothness, and reliability to meet the compliance requirements for low-altitude applications and follow the development trend towards “miniaturization and light weight” for low-altitude aircraft and next-generation New Energy Vehicles.(From a DAAE press release date...

News  Updated at: 2025/12/11

shrinking Internal Combustion Engine (ICE) exports toward hybrids and EVs aligned with demand in key destination markets. Reposition Thailand as a mixed ICE/EV hub, rather than a regional ICE hub. If these shifts lag behind global demand transitions, Thailand’s total vehicle exports will likely trend downward, challenging an industry long reliant on external markets for growth. 3. Intensifying Competition from Chinese OEMs As Japanese brands ...

News  Updated at: 2025/12/09

UR 580 million for the PERTE VEC initiative. The plan focuses on the following priorities: Price: The government aims to produce EVs that are affordable for middle- and working-class families. Many EV models under EUR 25,000 will enter the market next year, and the government wants to support this trend. A new Auto+ Plan will offer EUR 400 million in 2026 for direct purchase subsidies, following EUR 1.7 billion already provided through the Moves...

News  Updated at: 2025/12/05

Weber said that plug-in hybrid (PHEV)s continue to gain momentum because they give drivers the benefits of electric travel for daily use without range concerns. Petrol’s decline is part of a long-term global market transition and consumers are strongly interested in hybrid (HEV)s and PHEVs. This trend will only accelerate as more models arrive. Among the companies, Toyota sales decreased 3.8% to 19,787 units, Ford sales decreased 15.1% to 7,40...

News  Updated at: 2025/12/05

sistance of more than 180 degrees Celsius. Compared to conventional synthetic fibers, it can significantly improve the thermal efficiency of coils.  The company also introduced an electromagnetic-wave-absorbing shield that uses Mxene, a highly electrically conductive nanomaterial. In line with the trend toward higher frequency and greater integration in electronic components, Hyundai Mobis plans to introduce this material into auto parts.  Mean...

News  Updated at: 2025/12/05

icles had a 22.5% market share, diesel vehicles had a 5.3% share, and other vehicles had a 72.2% share. Private car sales in November increased 19.1% to 49,348 units, business sales increased 15.7% to 39,535 units and rental car sales decreased 32.5% to 5,241 units. ANFAC explained that "The market trend is positive. November also grows at double digits and even levels in the same month of 2019. Since September we have been at levels higher than ...

News  Updated at: 2025/12/02

ng two shifts since September to manage a surge in global orders for the Model Y. While registrations in some countries such as Sweden have fallen sharply in 2025, the Tesla sales in other markets, such as Norway, have been rising. “We deliver to well over 30 markets and definitely see a positive trend there,” Thierig said. Due to Canadian counter-tariffs imposed because of U.S. tariffs, vehicles that are produced at Gigafactory Berlin are no...

News  Updated at: 2025/12/02

ng for them from among three options, and improved their conditions by practicing breathing. Q3. Currently, the number of physical switches is decreasing in some circumstances because of the migration towards larger displays. What are your plans to respond to this? A2. Actually, we are now seeing a trend in Europe and other places where there is a migration from large displays to physical switches. I believe there are some aspects of switches whe...

News  Updated at: 2025/11/20

Japanese government to test regular autonomous transportation services to Diet office buildings Japan’s Ministry of Economy, Trade and Industry (METI) will conduct field testing for autonomous driving technology using vehicles used for the regular transportation of its staff to the National Diet building and Diet members’ offices. The Ministry, which aims to create a trend for the popularization of autonomous driving and reduce costs through ...

News  Updated at: 2025/11/18

AM, the October production and supply pace was rather fast, as automakers rushed to seize the window for year-end policy changes. Thanks to the pooled launch of new vehicle models and the steady advancement of comprehensive industry governance, the automotive industry maintained a sound development trend and hit new monthly production and sales highs. Specifically, the passenger vehicle (PV) market saw solid growth; the commercial vehicle (CV) ma...

News  Updated at: 2025/11/12

Soueast enters Costa Rican market On November 5, Soueast announced its official brand launch in San José, Costa Rica. The S07 and S09 models were presented. The S07 is aimed at trend-focused customers seeking design and technology, while the S09 targets the premium segment with higher interior quality and performance. The brand emphasized its “EASE YOUR LIFE” philosophy, promoting accessible and convenient urban mobility. To establish a soli...

News  Updated at: 2025/11/11

Ford starts Territory Hybrid sales in Argentina On November 4, Ford Argentina announced the new Territory Hybrid, an electrified version of the mid-size SUV. It builds on the model introduced in 2020, maintaining its market relevance as one of the country’s top-selling mid-size SUVs. Sales have begun locally in its Trend version. The hybrid powertrain combines a 1.5-liter turbo gasoline engine delivering 150 hp with a 218 hp electric motor for ...

News  Updated at: 2025/11/07

les of electrified vehicles, as many models became more affordable and incorporated increasingly appealing technologies. In contrast, pickup truck sales (excluding PPV) continued to decline, hampered by tighter lending standards from financial institutions amid challenging economic conditions. This trend reflects Thailand’s slow economic growth, high cost of living, and persistent contraction in industrial production. Reduced incomes among indu...

News  Updated at: 2025/11/06

(*) According to U.S. media. The U.S. Bureau of Economic Analysis (BEA) has suspended the release and production of economic statistics due to the partial federal government shutdown resulting from the lapse in budget authority. BEA will resume operations once the agency receives funding. The SAAR trend data will be released according to a new schedule as soon as possible after normal operations resume. See U.S. inventory information at the end ...

News  Updated at: 2025/11/04

hare, diesel vehicles had a 5.6% share, and other vehicles had a 71.3% share. Private car sales in October increased 23.9% to 51,359 units, business sales increased 10.2% to 39,860 units and rental car sales decreased 5.2% to 5,566 units. ANFAC explained that "October keeps the market on a positive trend and is the second month in which sales grow more than in 2019, before the pandemic. The behaviour of the last few months makes us anticipate an ...

News  Updated at: 2025/11/04

with emotional and intelligent interaction capabilities”. SeeWay.ai believes that the core value of AI lies in reshaping product logic by shifting from merely unlocking features to creating emotional and experience value. SeeWay.ai’s strategic transformation towards AI embodies the development trend of technology-based companies along the automotive supply chain amid intelligentization, that is, transforming from suppliers of traditional pro...

News  Updated at: 2025/11/04

atnagar, President of SKF Industrial Americas and Australia, explained that after evaluating various alternatives, no viable option was found to keep the plant operating, adding that the shutdown is necessary to ensure the company’s long-term global competitiveness. The closure reflects a broader trend in Argentina’s auto parts sector, where companies have been shutting down or relocating production facilities amid global restructuring in the...

News  Updated at: 2025/10/29