GlobalData Global Light Vehicle Sales Update (April 2025) Summary Commentary For April, the Global Light Vehicle (LV) selling rate is estimated to be 92 mn units/year, building on the improvement seen in March. In year-on-year (YoY) terms, the market saw another strong month of growth, with sales up 6% to 7.3 mn units. Both China and the US demonstrated a strong performance, YoY, while Western Europe continues to face challenges. In the US, the...

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

ple solutions that can flexibly respond to diversifying user needs and environmental regulations.   The introduction of electrified vehicles (BEVs, MHEVs, PHEVs) will be promoted in stages over the nine years leading up to 2030 (Phase 1: 2022-2024, Phase 2: 2025-2027, Phase 3: 2028-2030), with the global ratio of BEVs expected to be between 25% and 40% by 2030.   The Lean Asset Strategy aims for further development of electrification technology...

Market & Tech Reports  Updated at: 2025/05/20

and experiences.   Aion: Joint development with automatic driving company DiDi for Level 4 advanced automated driving Level 4 self-driving vehicle developed by GAC and DiDi   DiDi Autonomous Driving, the self-driving technology arm of DiDi, jointly announced with GAC the AIDI Plan in May 2023. The two companies have deepened their partnership, consolidating the results of a wide range of research and development efforts at their subsid...

Market & Tech Reports  Updated at: 2025/05/20

Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030 Launch of e VITARA in India, increasing electric and CNG vehicles Summary New mid-term management plan, "By Your Side", for FY2025-2030 Major trends toward the introduction of electric and CNG vehicles Technology trends: Strengthening CNG business with a focus on carbon neutrality Indian market: Record high sales in 2024; Expanding sales lineup focusing on SUVs Japanese m...

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

d Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to increase 2% year-over-year to 1.5 million units (FTI forecast) Thailand's domestic market: 1-ton pickup truck sales down 38% GlobalData Production Forecast: Thai production expected to be 1.82 million units in 2028 BYD’s mid-size SUV, Sealion 6 DM-i (Unveiled at the ...

Market & Tech Reports  Updated at: 2025/05/12

4 (3) VinFast, European OEMs (Apr. 2024)Bangkok International Motor Show 2024 (2) Japanese OEMs (Apr. 2024) Bangkok International Motor Show 2024 (1) Chinese OEMs (Apr. 2024)     Mitsubishi Motors made the first-ever official public appearance of the all-new Xforce HEV at the event, following its global debut in Thailand on March 20. This hybrid compact SUV is a proud product of local collaboration, co-developed by Thai engineers and manufactur...

Market & Tech Reports  Updated at: 2025/05/08

mestically produced EV "Olinia"(Source:Gobierno de México)   Vehicle sales in Mexico for the full year 2024 were approximately 1.5 million units, up 9.8% year-over-year (y/y), marking the fourth consecutive year of market expansion. However, Mexico's economy, which showed significant growth in 2023, slowed significantly in the second half of 2024, and sales growth was not as strong as the previous year.   Automakers mainly meet domestic dem...

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

Global Top 10 OEMs Production Forecast (Q1 2025) Global production to reach 92.4M units in 2025, 93.7M units in 2026 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q1 2025, global light vehicle production in 2025 is estimated to increase by 2.4% YoY to 92.4 mn.-The production forecasts in this report do not reflect the full extent of the US t...

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

Global Top 10 Countries Sales Forecast (Q1 2025) Global sales to increase 3.0% to 91.5M in 2025, 1.3% to 92.7M in 2026 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q1 2025, global light vehicle sales are forecast to increase by 3.0% YoY to 91.5 mn.-This update does not take account of the US tariffs that are being brought in as the Trump ad...

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

and all other powertrains)   This report presents new car sales volumes (MarkLines aggregate data, excluding commercial vehicles; estimates are included) and analyzes sales trends of electric vehicles (BEV: battery electric vehicles / PHV: plug-in hybrid vehicles / FCV: fuel cell vehicles) in the global market in 15 countries, including 12 major countries, which account for approximately 83% of global car sales, and three Nordic countries (*Not...

Market & Tech Reports  Updated at: 2025/04/25

Analysis Report: Airbag (U.S. and European Markets) Applications of airbag system technology rapidly expanding List of suppliers Introduction I. Airbag market trends II. Airbag technology trends III. Technology development and global business and facilities of major airbag suppliers (U.S./Europe) IV. List of airbag suppliers by OEM customer (for U.S./EU produced models) V. Equipment list by supplier and model (for U.S./EU produced models) ⅤI. S...

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

otive industry and the press. This report provides a summary of the strategy briefing.   Related reports: Smart Energy Week Spring 2025 (2) BEVs, Batteries, and Chargers (Apr. 2025) Stellantis (1): Launching 75 BEV Models by 2030, Aiming for 100% BEV Sales in Europe (Jan. 2024) Japan Mobility Show 2023: Electrification Technologies (2) (Nov. 2023) Foxconn: Transforming existing mobility with EVs (Nov. 2021)       According to Mr. Seki, Chief ...

Market & Tech Reports  Updated at: 2025/04/17

year by year as engine-powered motorcycles dominate, but this report focuses on exhibits of EV scooters and related products. We also covered exhibits of lightweight motorcycle parts. Honda Booth Yamaha Booth View of the 52nd Tokyo Motorcycle Show 2025   Related Reports:Bharat Mobility Global Expo 2025: Electric Two-wheeler OEMs (Mar. 2025) Bharat Mobility Global Expo 2025: Major Two-wheeler OEMs (Mar. 2025) Global Motorcycle Produ...

Market & Tech Reports  Updated at: 2025/04/15

e situation in Japan: Many Japanese automakers have been adopting CVTs (continuously variable transmissions) as a way to improve fuel efficiency, which has resulted in a significant decline in the use of ATs. The ratio of ATs to total sales of passenger cars and light commercial vehicles was 15% in 2023, but declined further to around 11% in 2024, mainly being replaced by CVTs.   Following Daihatsu Motor Co., Ltd.’s (Daihatsu) lead, Suzuki Mot...

Market & Tech Reports  Updated at: 2025/04/15

t of its basic software strategy for SDVs, Denso is currently promoting measures based on the following three competitive advantages: ① Implementation capabilities: Ability to utilize knowledge of the entire vehicle to create products ② Human resources capabilities: Further strengthening of the global development organization③ Deployment capabilities: Contributing to the industry through software human resources training programs and techno...

Market & Tech Reports  Updated at: 2025/04/09

Week Spring 2025 (1) FCVs, FC units, Hydrogen-related Products (Mar. 2025)Automotive World 2025: Batteries, Charging, and Measuring Devices (Feb. 2025)Japan Mobility Show Bizweek / CEATEC 2024: Electrification Technologies (Nov. 2024)Smart Energy Week Autumn: Electrification Technologies (Oct. 2024)Global Advancements in Public EV Charging Infrastructure (Sep. 2024)Japanese OEM Electric Vehicle Launch Plans (Sep. 2024) Smart Energy Week 2025 Febr...

Market & Tech Reports  Updated at: 2025/04/08

Hyundai and Kia: Expanding HEV/EV models, strengthening US business Hyundai strengthening HEV & hydrogen strategy, Kia pursuing EV & PBV market strategy Summary Hyundai Motor Group global sales volume Hyundai Group production sites (after 2024) Hyundai's mid- to long-term plan: Strengthening development of HEVs and EREVs, expanding to 21 EV models Kia's mid- to long-term plan: Investing KRW 38 trillion over 5 years in electrification, PBV, and SD...

Market & Tech Reports  Updated at: 2025/04/07

tomobile Summary Announced Lean Asset Strategy Plans for the introduction of electrified vehicles Battery procurement: Partnership with Panasonic Energy Mid-Term Management Plan: Phased advancement of BEV conversion Production and sales in the U.S. Performance outlook for FY2024 (ending March 2025) GlobalData sales forecast: Mazda to sell 1.33 million light vehicles in 2028 MX-30 Rotary-EV (Source: Mazda)   On March 18, 2025, Mazda anno...

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

sing performance. We would like to monitor future developments to see if the objective is to enhance the brand image or to seriously pursue this market. Wuling stage Light of ASEAN concept car Air EV All-new Cloud EV       BYD Auto Co., Ltd (BYD), the company with the highest global sales growth in 2024, attracted much attention and many visitors, with the new Sealion 7 model accounting for five of the ten vehicles on displ...

Market & Tech Reports  Updated at: 2025/03/31

Bharat Mobility Global Expo 2025: Commercial Vehicles Transitioning towards intelligent and eco-friendly electric mobilities Summary Tata Motors: Green mobility solutions Ashok Leyland: SAATHI light commercial vehicle, GARUD premium bus SWITCH Mobility: Electric light commercial vehicle (eLCV) VE Commercial Vehicles (VECV): Volvo and Eicher lineups SML Isuzu Limited: Hiroi.ev electric bus JBM Electric Vehicles: Galaxy electric luxury coach Montr...

Market & Tech Reports  Updated at: 2025/03/27