8 62,966 58,370 87,172 84,070 82,970 Pakistan Toyota Toyota 20,528 25,730 41,152 45,686 51,714 52,017 53,262 Vietnam Toyota Toyota 25,116 27,471 25,099 29,374 35,764 41,902 44,842 Hino Hino 293 42 400 879 1,079 1,167 1,274 Vietnam sub-total 25,409 27,513 25,499 30,253 36,843 43,069 46,116 Italy Toyota Toyota 0 6,646 13,535 13,358 15,692 14,164 17,460 Venezuela Toyota Toyota 2,097 2,472 3,318 3,747 9,837 10,537 10,362 Portugal Toyota...

Market & Tech Reports  Updated at: 2026/05/12

5. BEV registrations surged 41% YoY in Q1 2026, fueled by retroactive purchase incentives and a growing influx of international brands. However, this policy-driven momentum faces a steep challenge as consumer confidence in Germany has plunged to its lowest level since early 2023. In April 2026, the Italian PV market posted a fifth consecutive month of growth, with sales up 11.6% YoY to 155k units (helped by an extra working day). YTD volumes reac...

Market & Tech Reports  Updated at: 2026/05/08

hions made from the new material have been shown to provide the same level of safety as standard polyester airbags while reducing GHG (greenhouse gas) emissions by approximately 50%. An airbag worn by the rider was unveiled at EICMA, one of the world's largest motorcycle trade shows, held in Milan, Italy in November 2023. The company is simultaneously developing a connectivity system that will work with smartphones to contact emergency services i...

Market & Tech Reports  Updated at: 2026/05/07

lthough that still accounts for only a small proportion of the total Canadian market. Finally, the disruptions from conflict in the Middle East, and its duration, are unclear. Gasoline prices have been affected in the near term, but we will continue to monitor the situation for further developments.ItalyRelative to the previous update, the Italian LV forecast remains broadly unchanged.The introduction of newer, more affordable EV models as well a...

Market & Tech Reports  Updated at: 2026/04/30

of plug-in hybrid electric vehicles (PHEVs) have declined by 17.1% y/y, growth in other countries has not been sufficient to offset the decline in the U.S. and China. On the other hand, HEV sales are growing steadily in Japan and the United States, and sales are also increasing in Europe, including Italy, Germany, and France, resulting in a 3.8% y/y increase.   The closure of the Strait of Hormuz amid the U.S.-Iran conflict has caused crude oil ...

Market & Tech Reports  Updated at: 2026/04/27

sales and service network of approximately 900 locations in about 40 markets, including Europe, the Middle East, Africa, and Asia Pacific. The breakdown is over 800 locations in Europe, over 50 in Asia Pacific, and over 30 in South America. Regional composition: Western Europe is the driving force, Italy and Germany main sources of growth   According to MarkLines sales volume data, the regional composition of overseas sales is characterized as b...

Market & Tech Reports  Updated at: 2026/04/20

2025. BEV sales soared once again with registrations up 66% YoY, as the uptake reached new heights in Germany and the rest of Western Europe. Purchase incentives introduced at the start of the year are supporting the market, as evidenced by a 22.2% rise in private new registrations last month. The Italian PV market grew for a fourth consecutive month thanks to an additional working day, as sales totaled 185k units, up 7.6% YoY. The monthly selli...

Market & Tech Reports  Updated at: 2026/04/09

ndustry, Government of India) The table can be scrolled left and right. Country wise import analysis Country Import (Value) (USD Million) Import (Quantity) FY 2023-24 FY 2024-25 FY 2023-24 FY 2024-25 China 23.39 0.16 105,817 1,821 Germany 0.10 0.50 35 53 Hong Kong 0.00 0.01 8 150 Italy 0.71 0 237 0 Japan 0.04 0 10 0 Spain 0.10 0 36 0 Others 0.25 1 57 56 (Based on data from Ministry of Commerce and Industry, Government...

Market & Tech Reports  Updated at: 2026/04/08

In October 2023, Modine announced that it will expand production of its EVantage series of thermal management system products in Europe. Starting in 2024, the company will manufacture battery thermal management systems and electronics cooling systems for OEMs across Europe at its Pontevico Plant in Italy. Modine EVantage products include the EVantage Battery Temperature Management System (BTMS) and the Electronics Cooling Package (ECP), both desi...

Market & Tech Reports  Updated at: 2026/03/30

introduction of new xEV models continues, and it will be interesting to see how things develop in the future.   In Europe, the sales volumes and market shares of xEVs are increasing. The increasing presence of Chinese manufacturers in various countries is also believed to be a contributing factor. Italy saw a significant increase of 68.8% y/y to 47,000 units, mainly due to the rise in HEV sales. Sales of HEV models such as the Toyota Aygo X and ...

Market & Tech Reports  Updated at: 2026/03/27

tomotive electronics. Group sector ContiTech, which produces automotive rubber hoses and other automotive rubber products, will be sold, and Continental AG will become a specialized tire manufacturer. Development related: R&D facilities: In Europe, the company has R&D sites in Germany, France, Italy, Belgium, Romania, Hungary, etc., and in the Americas, in the United States, Mexico, Brazil, etc. In September 2020, the company announced that...

Market & Tech Reports  Updated at: 2026/03/24

f In-Cylinder Hydrogen Mixture Formation on Hydrogen Combustion Combustion Research Nihon University (Nichidai) HySE 4 company representatives*3 20259261 Analysis of Flame Propagation Characteristics in a Hydrogen Engine using an Optically Accessible Engine Engine Performance Dumarey Automotive Italia, Università di Napoli Federico II 25SETC-0171 Analysis of H2-DI application to a high-performance motorcycle eng... Engine Parts University ...

Market & Tech Reports  Updated at: 2026/03/11

ationary pressures across the region, we have taken a slightly more cautious outlook to the 2026 Western European PV forecast, expecting sales to remain broadly flat this year. Across most of the five largest Western European markets, sales trends appeared to be more positive than those of January. Italy recorded the strongest growth, due to the MASE incentives and easing inflation, while France recorded the steepest drop, as the market was down ...

Market & Tech Reports  Updated at: 2026/03/09

a sharp drop in new car sales in January and a significant decrease in the share of xEVs. Trends in xEV market share in 12 major countries and 3 Nordic countries Click on the legend buttons to display only the relevant data. Norway Sweden China Finland UK Germany France Thailand Korea USA Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved. *Data for Korea for the month is not shown because data on ...

Market & Tech Reports  Updated at: 2026/03/03

). Chery and BYD remain structured to specialize in the Chinese market, and their overseas sales destinations are dispersed. On the other hand, SAIC Group's Chinese sales ratio is about two-thirds, and it is relatively globalized, with a certain share in several countries such as the UK, India, and Italy. Chery BYD SAIC Group Reference: MarkLines Automobile sales volume data Reference: MarkLines Automobile sales volume data Reference: ...

Market & Tech Reports  Updated at: 2026/02/19

ary 2026) Note: Includes commercial vehicles, includes estimated figures, China's sales volume (shipped volume) excludes export volume* The following 15 countries account for approximately 90% of global electrified vehicle sales. China, USA, Japan, India, Germany, France, Brazil, UK, Korea, Canada, Italy, Thailand, Norway, Sweden, Finland (Reference report) Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (December 2025)   Electrified vehicle...

Market & Tech Reports  Updated at: 2026/02/09

tum cooled in January, with sales falling for the first time in more than six months. Spain still delivered a solid result despite only modest growth, reflecting a high base in January 2025. France recorded a further decline as political uncertainty continued to weigh on demand. Finally, the UK and Italy posted positive performances once again, supported by incentives. In January 2026, the UK PV market continued its positive momentum in...

Market & Tech Reports  Updated at: 2026/02/09

1,200 32.4% 30.4% 27.9% China* 940 1,356 1,114 22.9% 30.1% 25.9% South Korea 793 768 773 19.3% 17.1% 18.0% Taiwan 150 165 130 3.66% 3.67% 3.02% France 140 166 206 3.41% 3.69% 4.79% Japan 105 96 72 2.56% 2.13% 1.67% Canada 74 83 76 1.80% 1.84% 1.76% Turkey 60 53 64 1.46% 1.18% 1.49% Italy 60 51 50 1.46% 1.13% 1.16% Netherlands 53 69 80 1.29% 1.53% 1.86% Germany 53 69 68 1.29% 1.53% 1.58% Israel 38 36 36 0.93% 0.80% 0.84% U...

Market & Tech Reports  Updated at: 2026/01/30

% YoY, rather than a slight decrease that was estimated in our previous outlook. Nonetheless, November sales showed more weakness than expected, and we continue to anticipate that a slight slowdown will last through Q1 2026, before sales pick up again to a growth rate of 2.2% YoY for full-year 2026.ItalyRelative to the previous update, the Italian LV forecast is broadly unchanged. We have made a minor further downgrade to the 2025 PV outlook (-10...

Market & Tech Reports  Updated at: 2026/01/30

ned an MoU with the Government of Karnataka to establish a global capability center in Karnataka, develop a new test track, enhance production and engineering capabilities in Mysuru, and build new office infrastructure. It is planning a Global Design and Engineering Centre of Excellence in Bologna, Italy, after fully acquiring Engines Engineering S.p.A. Product Portfolio   In FY 2024–25, TVS Motor produced about 4.3 million two-wheelers. Motor...

Market & Tech Reports  Updated at: 2026/01/30