ty, with leading OEMs continuing to increase production investment and sales expectations for Financial Year 2027. Downside risks on the geopolitical and oil-price fronts seem to yet to hit car sales, with risk in the coming months expected to be beaten by market-specific sentiment. South America Brazilian light vehicle sales reached 237k units in April, up 20.5% YoY, while the selling rate eased slightly to 2.95 mn units/year from 2.97 mn unit...

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

s projected to average around 125k units once the model is fully online.   Toyota Group is expected to be busy with product actions over the next few years, with two new entries being added in 2028, while a further 15 models will be refreshed and redesigned over the same time frame. South America (Brazil)   Toyota Group’s production runs well above the industry average utilization rate and is expected to remain that way throughout the forecas...

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

a total of 6 airbags, including side airbags and curtain airbags, in passenger cars from October 2023 was submitted. However, due to a policy change to entrust it to “market mechanisms” described later, the mandatory requirement is currently being withdrawn.   In South America, countries like Brazil and Argentina legally mandate the installation of front-seat airbags. However, the global trend is not towards mandatory installation, but rath...

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

panese market.GermanySince the previous update, we have strengthened our outlook for the German LV market over the period from 2026-2028. For 2026, we have raised the forecast by 37k units based off a strong year-end performance in 2025, while we have raised 2027 and 2028 by 28k and 9k respectively.BrazilSales in the first two months of 2026 rose by 1.9% YoY—a respectable outcome given that February included the Carnival holidays, which often d...

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

eled by an 83% spike in Japanese shipments to North America – despite the tariffs – as it attempts to rebuild dealer inventory and target 17% growth in US sales after a weak 2025. Renault also rebounded 11% globally due to the ramping up of new BEVs in Europe, combined with output recovering in Brazil and Korea after a low Q1 2025 – caused at the time by unfavorable exchange rates in the first country and plant upgrades aimed at future elec...

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

e of 61.4%. HEVs (up 38.7% y/y) saw an increase in models from Japanese and European OEMS including the Toyota Yaris Cross, while BEVs (up 69.0% y/y) and PHEVs (up 104.1% y/y) are dominated by models from Chinese OEMs, such as the Leapmotor T03 and the BYD ATTO2.   Sales of electrified vehicles in Brazil rose sharply, up 159.3% y/y to 22,000 units. Looking at individual models, BYD's Dolphin Mini and Song Plus account for the majority, but Geely...

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

for the selling rate, which grew to 1.89 mn units/year, the highest since March 2021, which was mostly driven by COVID-19 rebound effects. The market strength is expected to be short-lived however, as the Korean energy supply stands particularly exposed to the global energy crisis. South America Brazilian Light Vehicle sales totaled 258k units in March, up by 40.5% YoY. This was the highest volume for the month of March since 2013, as the sell...

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

CKD projects. Production of the B10 is scheduled to begin in October 2026, and the B05 in 2027. A battery plant has already been selected, and mass production is expected to begin in July 2026. Production of the B03X (Chinese name: A10), the A05 and other models is also planned from 2027 onwards. Brazil Goiana Plant In November 2025, Stellantis announced that it would begin production of Leapmotor models at its Goiana Plant in 2026. Earlier tha...

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

Foxconn Chassis Module GmbH) Debrecen (e-Axles for BMW) Czech Republic ZF Electronics Klasterec s.r.o. Klásterecnad Ohrí Power electronics equipment (including for 8HP PHEV), motors USA ZF Transmissions Gray Court, LLC Charlestone / Gray Court, SC AT assemblies (8- and 9-speeds), components Brazil ZF Automotive Brasil Ltda. Sorocaba Plant 1 AMT assemblies for heavy-duty vehicles, axles São Bernardo do Campo Clutches and friction materi...

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

uck (P/U) China's pickup truck (P/U) market   Pickup trucks (P/U) are an unfamiliar segment in Japan, but there are markets where they hold a significant share depending on the country or region. In terms of P/U sales volumes for 2025, the U.S. accounts for the vast majority of sales, followed by Brazil and Canada. Thailand has the highest proportion of P/U sales, but in recent years, P/U sales have been trending downwards.   Pickup trucks are...

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

Chinese OEMs: Expanding in South America, Shifting to Local Production Market share in Brazil reaches approx. 9%; accelerating plant construction Summary South American market: Sales are recovering and Chinese OEMs are experiencing rapid growth. Brazil: NEVs drive market share expansion from 1% to 9% Accelerating Localization: BYD, GWM, Chery, and Changan   The South American market has been steadily recovering from 2020 to 2025 following the C...

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

inese domestic capital. Chassis, interior, and thermal management are the three main pillars of the company’s business. Capital: CNY 1,162.8 million Sales: CNY 26,600 million (Fiscal year ended December 2024) Number of employees: 22,697 (as of December 31, 2024) Main production sites: China, USA, Brazil, Poland, Malaysia Xiezhong International Thermal Management System (Jiangsu) Co., Ltd. (Xiezhong International, formerly Nanjing Xiezhong Aut...

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

eased, as did the HEV version of the VW T-Roc, which was launched in January. 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 some  HEV un...

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

holidays. However, February’s raw data retraction is reframed in selling rate terms, as the metric rose to a five-month high of 1.78 mn units/year. The market is forecast to struggle in the next two months however, as global oil prices spike amid the ongoing middle east conflict. South America Brazilian Light Vehicle sales totaled 177k units in February, up by 2.0% YoY. The selling rate accelerated to 2.82 mn units/year in February, up from ...

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

ent of control units and semiconductors Mobility Aftermarket: Aftermarket parts market E-Bike Systems: Electric bike related Development related: R&D facilities: In Europe, the company has R&D sites in Germany, Hungary, Romania, and other countries, and in the Americas, in the United States, Brazil, and other countries. In September 2022, Bosch announced the cornerstone laying ceremony for its R&D center in Zeegerses, Hungary. Technolo...

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

fficiency of existing internal combustion and hybrid technologies. Regional Market Dynamics Highlight the Need for Diversity Market trends further demonstrate that a uniform electrification strategy is unrealistic: China: In 2023, hybrid vehicle sales grew by 100% year-on-year, outperforming BEVs Brazil: Approximately 80% of new vehicle sales are flex-fuel vehicles Europe: The market share of hybrids has expanded to 35%   Given the wide varia...

Market & Tech Reports  Updated at: 2026/03/06

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 some  HEV un...

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

ay when compared to 2025 due to the calendar of the Lunar New Year holidays. This leaves the seasonally adjusted annualized rate at 1.55 mn units/year, which is below our current 2026 annual forecast of 1.64 mn. We expect a gradual pickup in momentum as we progress through the year. South America Brazilian LV sales totalled 162k units in January, up by 1.8% YoY. However, the selling rate slumped to 2.2 mn units/year in January, down from 2.8 mn...

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

ecome an important growth market for China's high-end smart NEVs, thanks to its well-developed infrastructure and energy transition policies. Jan-Dec 2025 Export destinations The table can be scrolled left and right. Country Volume (1,000 units) Mexico 625 Russia 583 UAE 572 UK 336 Brazil 322 Saudi Arabia 302 Belgium 300 Australia 297 Philippines 257 Kazakhstan 212 (Source: Created based on announcements by the Chin...

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

Volume Data as of end-January 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 2...

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