oY decrease. The selling rate also decreased slightly to 2.50 mn units/year in June, from 2.55 mn units/year in May. After an exceptionally robust May, June may have experienced some payback. Hybrid and electric vehicles accounted for nearly 11% of total sales in June, another record high. Sales in Argentina once again showed strong growth, as new government policies reducing taxes on many vehicles and fewer import restrictions are clearly helpin...

Market & Tech Reports  Updated at: 2025/07/22

t to a US plant (reported on May 15, 2025). Nissan's local subsidiary, Nissan Mexicana, commented that "these reports are merely speculation and are not based on official information," and reiterated the previously announced plan to consolidate production of the Frontier and Navara pickup trucks in Argentina at the Cuernavaca plant.   Meanwhile, COMPAS in Aguascalientes, a joint venture (JV) facility between the Mercedes-Benz Group and Nissan, p...

Market & Tech Reports  Updated at: 2025/07/11

Europe. China and the US saw positive growth in LV sales while sales in Western Europe continued to decline due to prevailing economic headwinds. Albeit sales in the US are beginning to slow as the industry pulls back on incentives. In other markets, sales in Japan and Korea remain robust, while in Argentina, sales experienced another month of rapid growth, up over 50% YoY. North America US Light Vehicle sales grew by 2.1% YoY in...

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

n Kogyo Co., Ltd. (34% stake) Europe 1: U.K. Americas 3: U.S., Mexico, Brazil China 5: Guangzhou 2, Wuhan, Dalian, Yangyang Taiwan 1: Taoyuan City Asia 3: Thailand 2, South Korea 16 Marelli Europe locations Europe 7: Italy 2, Poland, Spain, Germany, Türkiye, Serbia Americas 4: Mexico, Brazil 2, Argentina China 2: Changsha, Hefei Asia 3: India 3 The company has three production sites in Japan for exhaust system components: Ora-machi, Ora-gun...

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

fell in April thisyear, as opposed to March in 2024, volumes likely suffered due to selling days being lost. Still, theselling rate was the highest of the year to date. For now, the market continues to hold up well,despite rising interest rates, helped by an increasing influence of Chinese OEMs. In Argentina, sales surged to just under 51k units in April, up by 63.3% YoY. While the market hasconsistently achieved large YoY gains over the first fo...

Market & Tech Reports  Updated at: 2025/05/21

40 248 263 Yemen Suzuki Suzuki 65 59 125 270 269 246 259 Suzuki Maruti-Suzuki 0 17 11 0 0 0 0 Yemen sub-total 65 76 136 270 269 246 259 Nigeria Suzuki Suzuki 227 102 173 170 195 237 239 Latvia Suzuki Suzuki 196 132 91 199 200 222 228 Singapore Suzuki Suzuki 519 477 295 277 254 230 207 Argentina Suzuki Suzuki 66 32 59 107 152 221 201 Estonia Suzuki Suzuki 192 205 132 124 132 151 161 Cyprus Suzuki Suzuki 149 153 85 116 96 112 119 ...

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

ar in February. The fact that Carnival fell in March this year, instead of February last year, made the result more impressive, with two selling days having been lost as compared to March 2024. The market continues to be in good health overall, despite concerns over inflation and interest rates. In Argentina, sales reached 44.7k units in March, up by 82.7% YoY, as the market continued to surge. The selling rate cooled slightly in March, to 503k u...

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

ts of EV parts and components to India and its trading partners.   Mineral Exploration and Consultancy Limited (MECL), a public corporation under the Indian Ministry of Mines, announced on February 19 that it has signed a Memorandum of Understanding (MoU) with the government of Catamarca Province, Argentina, to deepen cooperation in the exploration and resource development of critical minerals. The partnership is expected to accelerate lithium e...

Market & Tech Reports  Updated at: 2025/03/26

ction + ABS Units Brazil Continental Automotive do Brasil Ltda. Varzea Paulista - Sao Paulo ⬤★ 100 Continental AG --- [Chassis & Safety Division] - R&D - Production + ABS/ESC + EBS Continental Brasil Indústria Automotiva Ltda. Guarulhos - Sao Paulo 〇 100 Continental AG --- [HQ - Brazil & Argentina] Salto - Sao Paulo ⬤★ --- [Powertrain & Sensors] - R&D - Production + Wheel Speed Sensors   ZF Type: 〇Regional Headquarters ⬤P...

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

ich were partially offset by higher sales volume, favorable parts and service operations, and pricing. Adjusted earnings decreased 4% as the impact of higher vehicle prices and increased unit sales was offset by unfavorable currency and mix effects. Trends in the South American market (Brazil and Argentina) Investing BRL 32 billionin South America Stellantis plans to invest a total of BRL 32 billion in South America between 2025 and 2030. Th...

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

a YoY basis pushed the selling rate to 2.4 mn units/year in February, up from the 2.1 mn units/year reported in January. Carnival week can cause sales activity to slow, but whereas Carnival fell in February last year, it was in March in 2025, hence providing a low base effect for February sales. In Argentina, the market continued its strong pace during the second month of 2025 as sales reached 40.4k units in February, up by 71.1% YoY. The selling...

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

pal 0 0 100 0 0 0 0 Jordan sub-total 473 51 2,341 681 669 678 709 Lebanon Changan Changan 0 0 66 460 556 601 627 Malaysia Changan Changan 671 135 203 442 504 572 601 Yemen Changan Changan 0 0 143 569 538 520 533 Peugeot Changan 0 0 6 22 20 22 23 Yemen sub-total 0 0 149 591 558 542 556 Argentina Changan Changan 360 289 263 515 548 509 431 Uruguay Changan Changan 360 480 419 370 380 394 370 Tunisia Peugeot Changan 0 61 50 189 203 ...

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

of land will be transferred to the Omoda & Jaecoo brands. Chery plans to build a CKD production line in Brazil and start exporting. Mexico In December 2023, the media reported that the company planned to build an automobile plant in Mexico with an annual production capacity of 400,000 vehicles. Argentina In February 2023, the company announced that it would invest USD 400 million to build a factory in Argentina. The goal is to produce 100,000...

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

wn from 2.64 mn units/year in December, and the lowest rate since March 2024. While it does appear that seasonality may be shifting to produce more sales in the later months of the year, the slowdown could also be a sign of weakening demand as interest rates have been increased in recent months. In Argentina, the market demonstrated remarkable strength in January, as sales jumped to 65.7k units, up by 103% YoY, and the highest total for any month...

Market & Tech Reports  Updated at: 2025/02/21

73 739 1,128 1,550 Slovakia BYD BYD 0 0 0 90 364 648 980 Denza Denza 0 0 0 0 22 32 43 Slovakia sub-total 0 0 0 90 386 680 1,023 Singapore BYD BYD 260 1,259 1,728 4,876 949 891 860 Croatia BYD BYD 0 0 0 3 302 541 773 Denza Denza 0 0 0 0 19 32 36 Croatia sub-total 0 0 0 3 321 573 809 Argentina BYD BYD 0 0 0 67 326 554 787 Slovenia BYD BYD 0 0 1 23 266 483 730 Denza Denza 0 0 0 0 15 24 32 Slovenia sub-total 0 0 1 23 281 507 76...

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

est rate since August. Looking at the full year, sales expanded by 14.0% YoY in 2024, reaching 2.48 mn units. While sales are still well below the 3 mn units/year levels seen between 2009 and 2014, it is noteworthy that 2024 sales were the best since that period, with the sole exception of 2019. In Argentina, Light Vehicle sales reached 19.8k units in December 2024, expanding by 13.8% YoY. The selling rate marginally slowed in December to 465k un...

Market & Tech Reports  Updated at: 2025/01/17

l and conduct demonstration runs. Ecuador KD plant In October 2023, Poer’s first model rolled off the production line at the CIAUTO plant. This plant is Great Wall Motor's first CKD plant in Latin America, and has so far produced the Haval H5, Haval M4, and the Great Wall Wingle pickup truck. Argentina New vehicle models In June 2024, the company released the Poer Elite, a mid-size pickup truck.   Europe Europe Strategic planning In ...

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

he first time since January 2015 in which the rate surpassed the 3.0 mn unit/year level. Strong consumer spending has been guiding the Brazilian LV market towards pre-pandemic levels, while unemployment continues to fall, credit availability improves, and rental car companies renew their fleets. In Argentina, Light Vehicle sales reached 33.3k units in November, slowing by 2.0% YoY. While sales did not improve on a YoY basis, the result is stronge...

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

olet 19,555 25,369 11,323 10,771 15,293 17,261 18,448 Baojun 11,926 8,364 7,517 10,799 11,145 12,191 15,311 Wuling 4,989 3,143 1,716 2,004 3,321 3,713 3,936 Isuzu 276 66 0 0 0 0 0 Cadillac 2 2 1 0 0 0 0 GMC 3 7 3 0 0 0 0 Chile sub-total 36,751 36,951 20,560 23,574 29,759 33,165 37,695 Argentina Chevrolet 26,950 29,202 30,615 21,466 22,853 28,001 34,727 Source: GlobalData "Global Light Vehicle Sales Forecast (Q3, 2024)" *The table...

Market & Tech Reports  Updated at: 2024/11/27

o 2.86 mn units/year in October, up from 2.71 mn units/year in September, and the highest for any month since January 2015. Low unemployment, robust GDP growth and more generous discounting appear to be combining to return Brazilian sales to pre-pandemic sales levels, after several weaker years. In Argentina, Light Vehicle sales reached 41.5k units, growing by 4.2% YoY. The selling rate reached 500k units/year, the highest since July 2019. With i...

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