imated 3.3% YoY in April, to 177k units. The selling rate slowed to 1.74 mn units/year, from 1.86 mn units/year in March. The slowdown was in line with expectations, given that Canadian consumers were already grappling with a lukewarm economy, even before the recent shock from higher gas prices. In Mexico, sales increased by 9.5% YoY in April, to around 127k units. The selling rate accelerated to 1.75 mn units/year, from 1.71 mn units/year in Mar...

Market & Tech Reports  Updated at: 2026/05/22

and right OEM Model Segment MHEVrelease date (U.S.) North American modelCountry of manufacture 2025 (U.S.) MHEV sales volume MHEV ratio by model Toyota Tundra Pickup Truck Spring 2022 U.S. 31,000 20.7% Sequoia SUV (Class E) Summer 2022 U.S. 26,000 100.0% Tacoma Pickup Truck Spring 2024 Mexico 30,000 11.1% Land Cruiser SUV (Class D) Spring 2024 Japan 44,000 100.0% 4Runner SUV (Class D) Jan. 2025 Japan 21,000 21.7% Mazda CX-90 SU...

Market & Tech Reports  Updated at: 2026/05/19

ada Toyota Toyota 348,911 368,578 368,028 326,944 362,161 335,645 323,647 Lexus Lexus 176,900 165,007 169,444 162,939 163,375 168,276 149,604 Canada sub-total 525,811 533,585 537,472 489,883 525,536 503,921 473,251 France Toyota Toyota 298,658 313,885 300,142 316,652 303,167 334,688 332,029 Mexico Toyota Toyota 253,638 245,006 310,153 321,496 325,233 303,739 284,807 Brazil Toyota Toyota 212,365 203,362 154,062 202,524 234,020 267,332 27...

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

ny had not built any new airbag related manufacturing facilities for some time in order to concentrate investment in the electronics business for products such as driver assistance systems. However, in response to increasing market demand, the company decided to build new plants from 2021 in India, Mexico, Japan, and China as described below. Conversely, in Europe, the company has announced plans to close or consolidate plants and development cen...

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

a number of key factors that are likely to affect LV sales throughout the year. Firstly, the renewal of the USMCA is due this year. There is still much tension between the US and Canada and there is some indication that the Trump administration may pursue bilateral trade agreements with Canada and Mexico separately. However, our current assumption is that a new agreement will be reached. More domestically, there have been some shifts in the mark...

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

by the introduction of Trump tariffs and the accelerated termination of EV tax credits over 2025, with sales of group imports in the US falling by 14.3% YoY in H1 2026. Despite this, North American output is up by 5.7% YoY due to the additive volume from the introduction of the Volkswagen Tayron to Mexico at the end of Q1 2025. VW Group’s largest market of Europe should also fall by 4.6% YoY in H1 2026, due to a slowdown in sales at home and ab...

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

ssistance Systems (ADAS) jointly developed with Chinese companies. The aim is to improve the technological capabilities that currently lag behind emerging Chinese EV manufacturers and to enhance the software-driven driving experience. Conversely, the tariff measures imposed by the United States and Mexico are expected to make it difficult for China to expand its exports of finished vehicles to North America.   According to Chinese media reports,...

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

by 8.6% YoY, to US$3,431. Canadian Light Vehicle sales fell by an estimated 8.1% YoY in March, to 168k units. The selling rate slowed to 1.86 mn units/year, from 1.99 mn units/year in February. The market faced similar dynamics as the US, with a high base effect providing a tough YoY comparison. In Mexico, sales increased by 5.7% YoY, to almost 141k units. The selling rate was little changed from February, at 1.71 mn units/year, as the record-set...

Market & Tech Reports  Updated at: 2026/04/21

w going to Livonia and Sharonville, and FWD 6- and 8-speeds to Van Dyke, but the FWD 8-speed is also produced in Livonia. To accommodate EV production, plants around the country have been reorganized under the name Electric Propulsion Centers, and the following two plants now produce transmissions: Mexico has discontinued automatic transmission production, and Van Dyke is still filling the gap in EV drivetrain production with automatic transmissi...

Market & Tech Reports  Updated at: 2026/04/17

and right Country P/U (2025) Sales volume y/y change P/U share 1 Thailand 145,000 -20.1% 22.9% 2 Argentina 122,000 28.5% 22.1% 3 Canada 378,000 0.8% 19.5% 4 Australia 232,000 3.2% 18.7% 5 USA 3,107,000 8.6% 18.5% 6 South Africa 105,000 5.2% 17.6% 7 Brazil 463,000 0.0% 17.3% 8 Mexico 240,000 3.9% 15.4% 9 Philippines 65,000 2.8% 13.2% 10 Egypt 19,000 108.4% 10.9% World 5,172,000 6.3% 5.7% (Source: MarkLines - Custom...

Market & Tech Reports  Updated at: 2026/04/13

For this reason, both BYD and Great Wall Motor are accelerating the construction of their factories. BYD is building a comprehensive plant in Camacari that will produce finished vehicles, batteries, and powertrains. The plant has already received orders for 100,000 units destined for Argentina and Mexico. Great Wall Motor has acquired a former Mercedes-Benz plant, started production there, and is pushing forward with the introduction of hybrid e...

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

tive air-conditioning systems, the company is also involved in powertrain applications. Capital: CNY 3.59 billion Sales: CNY 27.950 billion, profit: CNY 3.100 billion (fiscal year ended December 2024) Number of employees: 19,783 (as of December 31, 2024) Main manufacturing sites are in China, U.S., Mexico, Germany, Poland, and India. The company’s main customers are BYD, VW, Audi, BMW, GM, Hyundai, SAIC, Denso, Valeo, Hanon, and Mahle. 3) Jap...

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

mated 119k units in February, down by 0.4% YoY, while the selling rate slowed to 1.95 mn units/year, from 2.01 mn units/year in January. As has typically been the case in recent months, the market performed reasonably well, considering poor weather and a difficult economic and trade environment. In Mexico, sales increased by 2.7% YoY, to 127k units. The selling rate eased to 1.71 mn units/year, from 1.74 mn units/year in January, but the market c...

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

plete stop. Bosch offers two technology solutions: conventional friction brake systems and electric motor control for EVs. Manufacturing related: The company has production facilities in Germany, Spain, Poland, Hungary, Romania, Turkey, and other countries in Europe, and in the United States, Mexico, Brazil, and other countries in the Americas. Recent production investments in brake related products are as follows. In May 2021, Bosch rep...

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

up by 2.0% YoY. Canadian LV sales totaled an estimated 113k units in January, down by 2.9% YoY, although the selling rate accelerated to 2.02 mn units/year, from 1.94 mn units/year in December. Given that much of Canada experienced heavy snowfall in January, this can be considered a good result. In Mexico, sales increased by 11.4% YoY, to almost 140k units. The selling rate increased to 1.74 mn units/year, from 1.46 mn units/year in December. The...

Market & Tech Reports  Updated at: 2026/02/24

anufacturers (CAAM), export volume in 2025 reach 7.098 million units, up 21.1% from the previous year. Of this total, passenger car exports grew 21.9% y/y to 6.038 million units, while NEVs grew 103.7% y/y to 2.615 million units.   According to data from the China Passenger Car Association (CPCA), Mexico, Russia, and the United Arab Emirates (UAE) were the top three countries receiving Chinese vehicle exports in 2025. Among the top 10 export des...

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

th America (+18% YoY) and further growth in Europe (+2.3% YoY). Jeep and Ram led the YoY expansion in North America, both rising from a low base in Q4 2024 when output was cut to assist in inventory trimming, further bolstered by Ram launching the 1500 (DT) pickup at a secondary facility located in Mexico from April 2025. In Europe, the uptrend continued after Fiat, Citroën and Opel ramped up assembly of hybrids through brand-new SUV releases an...

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

ch-discussed throughout much of this year, it could be argued that the reality of what has transpired bears little resemblance to what was originally feared when the Trump administration’s intentions were first laid out in March. Crucially, USMCA-compliant parts imported to the US from Canada and Mexico are not charged a tariff, while finished vehicles only incur a 25% tariff on the non-US content of the vehicle, if it is USMCA-compliant. There...

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

, the GST rate cut, lower interest rates, better liquidity, reduction in inflation, favourable government policies, new models, a good monsoon, increasing rural income, etc., are a few of the factors to drive the two-wheeler segments. However, external factors such as higher tariffs in markets like Mexico and geopolitical tension may impact the supply chain as well as exports from India. Two-wheeler production volume (including EVs) (million un...

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

94 mn units/year, from 1.81 mn units/year in November. Sales surged in December 2024, as consumers in Quebec rushed to buy vehicles before ZEV incentives expired, thus providing a very high base that December 2025 could not match. For 2025 as a whole, sales reached 1.87 mn units, up by 3.2% YoY. In Mexico, sales increased by 5.6% YoY, to 164k units, but the selling rate slowed to 1.46 mn units/year, from 1.71 mn units/year in November. For the ye...

Market & Tech Reports  Updated at: 2026/01/21