and Honda. Plant closure: In July 2024, the company terminated its contract with VW, which accounted for 80% of production. The company announced the layoffs of 135 workers at its Pedrola plant in Zaragoza, Spain. Joint venture operations: Bosal has expanded its JV operations in four countries (Ukraine, Iran, China and Russia). In 2006, its joint venture with ZAZ began manufacturing exhaust systems in the Ukraine. In 2006, Bosal Fouman Pars,...

Market & Tech Reports  Updated at: 2025/06/19

2 Netherlands sub-total 4,819 6,991 8,469 6,375 5,036 5,346 5,435 Egypt Suzuki Suzuki 20,240 5,525 4,801 3,880 4,476 4,550 5,192 Romania Suzuki Suzuki 2,705 4,697 4,572 4,727 4,433 4,673 4,953 Toyota Suzuki 19 24 26 25 24 21 17 Romania sub-total 2,724 4,721 4,598 4,752 4,457 4,694 4,970 Ukraine Suzuki Suzuki 820 2,396 2,301 3,653 3,647 3,524 4,751 Czech Republic Suzuki Suzuki 2,009 3,021 3,608 3,859 3,693 3,992 4,547 Toyota Suzuki...

Market & Tech Reports  Updated at: 2025/05/15

Source: INEGI   Taking an overall look at Mexico's economy, in 2023, investment activity was intensified due to the trend of "friendly-shoring" and "near-shoring" against the backdrop of the intensification of the US-China conflict and the increasing geopolitical risks due to Russia's invasion of Ukraine, and the GDP growth rate reached 3.2%. However, the economic slowdown became clear toward the second half of 2024, with the annual growth rate...

Market & Tech Reports  Updated at: 2025/04/30

sions reduction, energy consumption reduction, and waste reduction. An increasing number of suppliers are turning to recycling airbag components, particularly airbag cushions.   In addition, some suppliers have announced their withdrawal from Russian operations following the outbreak of the war in Ukraine. 1) Airbag business Autoliv Inc. ▶ Recent activities Headquartered in Stockholm, Sweden, Autoliv Inc. (Autoliv) had sales of USD 10.390 bi...

Market & Tech Reports  Updated at: 2025/04/24

Mazda Mazda 3,888 5,320 4,510 4,029 3,929 5,184 5,390 Iran Mazda Mazda 0 0 0 0 0 5,047 5,322 Switzerland Mazda Mazda 4,252 4,490 4,271 5,009 5,187 4,816 4,837 Denmark Mazda Mazda 3,896 3,673 3,178 3,934 3,540 3,232 3,555 Czech Republic Mazda Mazda 2,264 2,133 1,905 2,749 3,153 2,946 3,041 Ukraine Mazda Mazda 668 2,252 2,418 3,082 3,107 2,936 3,041 Tunisia Mazda Mazda 58 0 441 1,427 1,831 2,428 2,896 Romania Mazda Mazda 2,298 2,808 2...

Market & Tech Reports  Updated at: 2025/04/01

n case of any technical issues. This technology has already been successfully demonstrated in various scenarios, including urban centers and remote areas, showcasing its potential for diverse applications such as logistics, defense, and urban mobility.   Elmo has deployed its teledriving system in Ukraine, where it is being used to transport ammunition to the front lines and evacuate injured people to safety. In these scenarios, lag, latency, an...

Market & Tech Reports  Updated at: 2025/03/28

0 480 419 370 380 394 370 Tunisia Peugeot Changan 0 61 50 189 203 174 153 Changan Changan 56 20 30 114 120 103 91 Tunisia sub-total 56 81 80 303 323 277 244 Morocco Changan Changan 0 0 337 136 140 145 151 Singapore KYC KYC 0 0 35 55 52 56 52 Nigeria Changan Changan 24 0 19 12 12 13 17 Ukraine Avatr Avatr 0 1 26 0 0 0 0 Peugeot Changan 0 0 5 0 0 0 0 Changan Changan 12 15 16 0 0 0 0 Ukraine sub-total 12 16 47 0 0 0 0 Algeria C...

Market & Tech Reports  Updated at: 2025/03/12

9 1,880 3,086 4,176 5,340 Denmark BYD BYD 0 64 469 3,120 3,645 4,569 5,053 Denza Denza 0 0 0 0 63 89 117 Denmark sub-total 0 64 469 3,120 3,708 4,658 5,170 Switzerland BYD BYD 0 0 0 155 2,386 3,533 4,637 Denza Denza 0 0 0 0 121 161 190 Switzerland sub-total 0 0 0 155 2,507 3,694 4,827 Ukraine BYD BYD 9 80 529 1,908 2,804 3,309 4,382 Denza Denza 0 0 3 13 0 0 0 Ukraine sub-total 9 80 532 1,921 2,804 3,309 4,382 Portugal BYD BYD ...

Market & Tech Reports  Updated at: 2025/02/18

pe Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom (Excluding Ireland), Other Western Europe Eastern Europe Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Slovakia, Ukraine, Other Eastern Europe Middle East Africa Egypt, Morocco, South Africa, Other Africa North America Canada, United States Central and Sout...

Market & Tech Reports  Updated at: 2024/09/19

1 838 821 Egypt 0 0 0 425 553 697 716 Czech Republic 253 298 1,618 1,107 754 679 701 Hungary 184 597 1,320 1,751 923 731 676 Qatar 172 328 0 302 579 648 668 Croatia 232 211 427 769 808 629 581 Kuwait 67 162 0 259 348 357 339 Bahrain 69 88 0 147 315 320 324 Chile 2 7 6 18 58 84 289 Ukraine 27 39 64 222 324 313 279 Jordan 0 0 0 117 171 221 260 Uzbekistan 19 30 1,689 1,542 152 210 249 Oman 33 51 0 67 125 179 208 Brazil 72 8...

Market & Tech Reports  Updated at: 2024/08/19

sold (+12.9% YoY). Year-to-date sales were 21% stronger than the comparative period last year. Russia continues to drive the positive results within the region, while the Turkish market saw a slowdown even though activity remains inflated. The region remains a key risk as the war between Russia and Ukraine intensifies. China According to preliminary data, China’s domestic market maintained a solid pace in July. The July selling rate reached 2...

Market & Tech Reports  Updated at: 2024/08/15

lithium-ion batteries installed in vehicles as a proportion of total production continues to decline, gradually decreasing from 76% in 2020 to 50% in 2023.   The rapid increase in battery demand in energy storage and other industries, especially due to the global energy crisis caused by the Russia-Ukraine war, has led to a significant decrease in the percentage of total lithium-ion battery production that is installed in vehicles.   After an ex...

Market & Tech Reports  Updated at: 2024/07/25

nessed a downfall in exports. Exports declined by 5.3% to 3.46 million units against 3.65 million units in FY 2022-23. Bajaj is the major exporter of two-wheelers in India with over 40% share. It is followed by TVS Motor with over 25% share.   The export was impacted due to war conflicts in Russia-Ukraine and Israel-Gaza. The weakening of economic conditions in key markets in Africa and Latin America also contributed to the downfall of the expor...

Market & Tech Reports  Updated at: 2024/06/24

can automotive industry, whose largest market is the U.S., are greatly influenced by the political and economic situation surrounding the U.S. Around 2022, intensifying trade friction and ongoing U.S. - China conflict in the technology sector, as well as geopolitical risks from Russia's invasion of Ukraine, have led to trends such as "friendly shoring" (procurement from friendly countries) and "nearshoring" becoming more prominent. In this enviro...

Market & Tech Reports  Updated at: 2024/06/14

mbustion engines with sustainable future oriented solutions and fuels, including hydrogen.     At the end of the morning session, participants were invited to ask questions to the presenters.   Q to Prof. Rose: Is the EU's goal of zero net emissions by 2050 still as consolidated after the war in Ukraine as it was before?   A: Prof. Rose replied that he considers decarbonization by 2050 to be difficult but technologically possible, but that he...

Market & Tech Reports  Updated at: 2024/06/06

ion area can be expanded to 2,500 square meters. The new plant will initially produce emission control systems for passenger cars, and the number of employees will be increased to about 150 over the next three years. Joint venture operations: Bosal has expanded its JV operations in four countries (Ukraine, Iran, China and Russia). In 2006, its joint venture with ZAZ began manufacturing exhaust systems in the Ukraine. In 2006, Bosal Fouman Pars,...

Market & Tech Reports  Updated at: 2024/05/30

opolitical risks still have the potential to undermine the forecast. The Eastern European LV selling rate declined again in April, to 4.4 mn units, while raw sales increased 16.4% YoY. Despite this decline in selling rate, YTD sales were up 24.9% YoY. This result was supported by robust recovery in Ukraine and Russia. While the Turkish market contracted this month, strong growth earlier in the year kept its YTD sales growth strong at +11.4%. Chi...

Market & Tech Reports  Updated at: 2024/05/17

veness within their range, especially for BEVs. We anticipate that this will stimulate global production growth of 3.7% over the second half of the year. Despite projections that build will grow by 0.8% in 2024, volumes will remain 13.4% below 2019 levels due to supply shortages and with the Russia-Ukraine war continuing to temper VW Group’s European operations in the medium term.Hyundai GroupIn 2023, the group registered stronger-than-anticipa...

Market & Tech Reports  Updated at: 2024/04/26

s at 61 locations in 28 countries. This makes ZF the largest supplier to the commercial vehicle market. In Japan, ZF Japan, ZF Automotive Japan, and ZF Aftermarket Japan merged as "ZF Japan Co., Ltd." on January 1, 2022. In March 2022, ZF suspended all supplies to Russia due to Russia's invasion of Ukraine. In October 2022, the company announced that it would spin off its Passive Safety Systems business unit, which includes airbags, seat belts an...

Market & Tech Reports  Updated at: 2024/04/25

le prices. The Eastern Europe LV selling rate fell MoM to 4.7 mn units/year in March, although raw sales increased by 21% YoY. The market finished Q1 strongly, with total sales of over 1 mn units (+28% YoY). This result was supported by continued strong performance in Turkey, and robust recovery in Ukraine and Russia. China Preliminary data indicates that China’s domestic automotive market accelerated in March after a slow start to the New Ye...

Market & Tech Reports  Updated at: 2024/04/17