components in recent years, in December 2013, the company increased its stake in Siam Calsonic Co., Ltd. (Chonburi province, Thailand), which manufactures heat exchangers and exhaust products in Thailand, from 49% to 51%, making it a consolidated subsidiary. In February 2024, Marelli withdrew from Russia. The main assets will be transferred to Avtozavod St. Petersburg, Russia (the former Nissan Russia plant) in the first half of 2024. The backgr...

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

Toyota Suzuki 7 24 4 6 9 7 7 Croatia sub-total 1,821 3,453 4,109 3,848 3,576 3,559 3,831 Turkey Suzuki Suzuki 3,601 5,378 5,894 3,891 3,693 3,771 3,664 Tunisia Suzuki Suzuki 2,519 4,026 3,144 2,602 2,884 3,244 3,313 Chinese Taipei Suzuki Suzuki 6,058 7,398 8,328 2,601 2,664 2,668 2,632 Russia Suzuki Suzuki 1,682 62 0 0 0 0 2,091 Kuwait Suzuki Suzuki 1,446 1,700 2,323 2,029 2,153 1,950 2,029 Suzuki Maruti-Suzuki 0 106 89 0 0 0 0 ...

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

6.3% 65.8% -0.5 pt 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 t...

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

ppliers have set sustainability targets such as CO2 emissions 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, S...

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

for various Western European economies, many of which depend heavily on the US for a significant portion of their exports. In March 2025, the LV selling rate for Eastern Europe fell by over 18% from February. Sales fell over 10% YoY for the second consecutive month. A steep contraction of sales in Russia last month, down 40% YoY, has weakened the outlook for the region in 2025. The steepest monthly drop since early 2022 is attributed to weakenin...

Market & Tech Reports  Updated at: 2025/04/18

,330 930 966 Consolidated shipments Global total 990 991 1,059 1,202 1,300 1,250 888 902 Source: MazdaNotes: 1) Global sales volume is the retail volume sold under the Mazda brand name. (U.S.) is included in North America. 2) Consolidated shipments do not include shipments from the U.S., Russian, and Thai plants, which are equity method affiliates, and from Changan Mazda in China.   Global production volume (000s units) FY2019 FY2...

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

Germany TMD Friction Holdings GmbH Texter, Pagid Hartlepool, UK TMD Friction UK Ltd. Warrington, UK TMD Friction UK Ltd. - Warrington Paterna, Spain TMD Friction Espana, S.L. (Valencia) Creutzwald, France TMD Friction France SAS Caras-Severin, Romania TMD Friction Romania S.R.L. Moscow, Russia TMD FRICTION EURASIA Continental AG 〇 〇 ATE (Alfred Taves 1906~)   Americas Friction materials suppliers: Product Pad production...

Market & Tech Reports  Updated at: 2025/03/21

supportive, the speed of rates cuts is increasingly unclear in the presence of tariffs and their inflationary effects. The LV selling rate for Eastern Europe fell to 4.9 mn units/year in February. 311k units were sold, a notable decline of 11% YoY. This contraction is due to strong declines in the Russian and Turkish LV markets. In Russia, luxury vehicle (LV) sales experienced a 12% YoY decline. This downturn can be attributed to increased impor...

Market & Tech Reports  Updated at: 2025/03/18

Changan 1,494,949 1,532,622 1,406,361 1,345,589 1,349,454 1,308,987 1,292,860 Deepal Deepal 33,354 125,723 191,137 222,788 230,385 246,008 247,324 Avatr Avatr 757 26,407 54,114 52,389 53,189 57,061 58,435 China sub-total 1,529,060 1,684,752 1,651,612 1,620,766 1,633,028 1,612,056 1,598,619 Russia Changan Changan 5,627 49,681 109,694 103,166 109,057 109,507 108,463 Avatr Avatr 0 294 653 296 319 296 344 Russia sub-total 5,627 49,975 11...

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

rthermore, the recent announcement about the declaration of conformity ensures clarity on the origin of the software. This is advantageous for QNX because its source code and solutions are produced in Canada, making it easier to source compared to companies from countries such as Israel, China, and Russia. ------------------ KeywordsBlackBerry, QNX, SDV, Software, AI, Machine Learning, SoC, Cockpit Module, Audio, Cybersecurity, Robotaxi ...

Market & Tech Reports  Updated at: 2025/03/11

d a joint venture with B-ON, a developer of commercial electric vehicles, to focus on the development, production and sales of commercial EVs. Currently, the Omoda and Jaecoo brands have entered markets such as Spain, Italy, Poland, and the UK. In addition, the Tiggo 7 Pro Max has performed well in Russia, becoming the most popular model in the Russian market. Country of Plant Details Spain In April 2024, the company signed an agreement with...

Market & Tech Reports  Updated at: 2025/03/07

rs (CAAM) in February 2025, Chinese automobile exports in 2024 grew 19.3% from the previous year to 5.859 million units. Of this total, NEV exports sales increased by 61.5% y/y to 1.727 million units. Note that the top three countries for finished vehicle exports in the January-October period were Russia, Mexico, and the UAE. Export destinations January-October 2024 (finished vehicles) Country Volume (1,000 units) Russia 957 Mexico 386 ...

Market & Tech Reports  Updated at: 2025/02/19

3 4,604 6,078 Denza Denza 0 0 0 0 149 200 242 Belgium sub-total 0 41 559 2,760 3,282 4,804 6,320 Colombia BYD BYD 269 1,061 1,440 3,425 5,330 5,818 6,150 India BYD BYD 0 562 2,256 2,760 5,254 5,586 5,823 Denza BYD 0 0 0 0 184 270 292 India sub-total 0 562 2,256 2,760 5,438 5,856 6,115 Russia BYD BYD 25 129 609 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-tot...

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

  The publication of the above final rule is based on guidance provided by the U.S. Department of Energy (DOE) on the definition of FEOC. Here, FEOC is defined as "an entity owned, controlled, or under the jurisdiction or direction of a foreign government that is a covered country" and lists China, Russia, Iran, and North Korea as covered countries.     According to multiple U.S. media reports on October 22, U.S. Energy Secretary Jennifer Gra...

Market & Tech Reports  Updated at: 2024/12/26

ailand and CKD production in Malaysia. The company also plans to enter Mexico and launch compact EVs in stages. As for Europe, the European headquarters in Munich was closed due to sluggish sales and additional tariffs on Chinese-made EVs. On the other hand, GWM is strengthening its presence in the Russian market. Related Reports:Chinese OEM Overseas Expansion Activities: Chery, Changan (Nov. 2024)GAIKINDO Indonesia International Auto Show 2024...

Market & Tech Reports  Updated at: 2024/12/20

onald Trump and the potential for increased tariffs is a risk to wider economic growth, as well as the automotive industry specifically. The LV selling rate for Eastern Europe remained relatively unchanged in November at 4.7 mn units/year. 409k units were sold, a solid 9% growth YoY. While sales in Russia remain strong, there are indications of a slowdown, with a 14% MoM decrease in the selling rate in November. Sales in Turkey remain strong. Ch...

Market & Tech Reports  Updated at: 2024/12/17

024, Chery and the commercial EV development manufacturer B-ON (B-ON Global S.à.r.l.) established a joint venture company. The joint venture company will engage in the development, production, and sales of commercial EVs. The production models are planned for release in Europe and North America. Russia KD plant In October 2024, according to multiple media sources, vehicle assembly had begun at three plants in Russia. It was reported that the p...

Market & Tech Reports  Updated at: 2024/11/25

conomies in Western Europe. The LV selling rate for Eastern Europe remained relatively unchanged in October at 4.7 mn units/year. 430k vehicles were sold, an improvement of 18% YoY. YTD sales remain strong, up 17% from the previous period last year. Despite the rise in recycling fee rates, sales in Russia continued to experience robust growth as importers preemptively stockpiled a substantial number of cars, which should suffice for the next mont...

Market & Tech Reports  Updated at: 2024/11/19

2,855 12,166 8,576 9,500 12,126 Indonesia BMW 1,786 2,462 2,803 3,295 2,559 2,791 3,209 MINI 154 348 447 316 428 411 374 Indonesia sub-total 1,940 2,810 3,250 3,611 2,987 3,202 3,583 Vietnam BMW 0 207 1,909 1,301 1,310 1,400 1,448 Austria BMW 59,179 49,648 28,861 11,138 10,072 8,076 899 Russia BMW 12,600 1,288 0 0 0 0 0 Netherlands MINI 101,830 99,872 123,379 7,515 0 0 0 BMW 5,304 1,798 0 0 0 0 0 Source: GlobalData "Global Ligh...

Market & Tech Reports  Updated at: 2024/11/18

as monetary policy easing supports broad economic expansion along with less expensive EV models being released. The LV selling rate for Eastern Europe was 4.8 mn units/year in September, an improvement on August. 400k vehicles were sold, a 10% increase YoY. YTD sales remain strong at +17%. Sales in Russia continued to grow in September. This is in line with previous expectations as changes to the disposal fee rates and an increase in interest rat...

Market & Tech Reports  Updated at: 2024/10/17