Chinese Market Q4 2024 BYD invests CNY 100 billion to focus on intelligent tech, Audi and Honda NEV plants begin operations Summary Trends of Chinese OEMs (Q4 2024) Trends of major non-Chinese manufacturers (Q4 2024) Policies related to China's automotive industry (Q4 2024) BYD’s 10 millionth NEV rolling off the line(Source: BYD)   The China Association of Automobile Manufacturers (CAAM) announced on January 13, 2025, that 2024 vehicl...

Market & Tech Reports  Updated at: 2025/01/28

Chinese Market H1 2024: New Vehicle Sales Exceed 14M Units, NEVs 4.9M BYD up 28.5% to 1.6M units, non-Chinese OEMs struggle, and exports increase Summary New vehicle sales in H1 2024 up 6.1% y/y to 14,045,000 units Sales by Group: SAIC's share is 12.7%, BYD 11.5%, and Geely in the top 5 Market share by vehicle type: SUVs at 45.0%, commercial vehicles steady Passenger car market: Chinese automakers have 62.5% share; BYD leading with 1,607,000 unit...

Market & Tech Reports  Updated at: 2024/08/20

Indonesia: BYD, MG, Great Wall, Chery and VinFast entering EV market Tax incentives to continue, utilizing nickel to build EV ecosystem Summary Electrification policy: Tax incentives for EVs to continue in 2024 EV sales in Indonesia: 2023 sales increase 40% to 17,000 units Utilizing nickel ore to make Indonesia EV battery production hub Mitsubishi, Hyundai to increase production capacity, Citroen, BYD, Neta to start local manufacturing 2023 sales...

Market & Tech Reports  Updated at: 2024/04/12

China Market H1 2023: New Vehicle Sales at 13.24 Million, NEV Sales Up 44.1% to 3.747 Million BYD up 94.2% to 1.256 million; Japanese automakers slumping, Chinese exports growing Summary New vehicle sales in H1 2023 up 9.9% y/y to 13.24 million units Sales by Group: SAIC's share fell to about 15%, while BYD rose to third place with a 94.2% sales increase Market share by vehicle type: SUVs at 42.8%, MPVs share rising Passenger car market: Chinese ...

Market & Tech Reports  Updated at: 2023/08/21

ASEAN Vehicle Sales and Production Update (Q2 2022) ASEAN Countries Automotive News Top Rank Topics Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - June 2022 ASEAN News Topics (Q2 2022)   * An updated version of this ASEAN report will be released every quarter. (Source: MarkLines Vehicle Sales Data based on statistical data from the automobile associations o...

Market & Tech Reports  Updated at: 2022/08/12

SAE China 2021 (1): Conference on Power Battery Utilization and Testing Technology Presentations by China Industrial Association of Power Sources, EVE Energy, HiNa Battery, NIO Summary Development status and market trends of the power lithium ion battery industry in China EVE Energy: Research progress on high energy density batteries HiNa Battery: Current status and application scenarios in the industrialization of sodium ion batteries NIO: Batt...

Market & Tech Reports  Updated at: 2021/11/24

Chery: Strategic alliances with high-tech companies, exporting 500,000 units by 2025 Sales exceeded 500K units in Jan-July, top Chinese auto exporter for 18th year in row Summary Overview of Chery Holding: Capital increase at the end of 2019, to become a non-state-owned holding company Strategic plan: Learning production methods from Toyota, business models from Tesla, and focusing on developing intelligent cars and NEVs R&D: Accelerating the dev...

Market & Tech Reports  Updated at: 2021/08/31

Jan-Feb 2020 New Vehicle Sales in China Fall 42%, SAIC Group Down by Half 2019 new vehicle sales reached 25.77 million units, plans underway to support automotive industry Summary Production and sales (factory shipments) of major China OEMs in January and February 2020 2019 Sales down 8.2% to 25.77 million units, 2020 Sales forecast as of January about 25 million units 2020 Sales plans of major China OEMs 2019 Sales volume by group: Sales of top ...

Market & Tech Reports  Updated at: 2020/04/13

Tesla: Improved performance with growing Model 3 deliveries, launching Model Y SUV Starts operations at Gigafactory Shanghai, installing in-house developed full self-driving computer Summary Deliveries of Model 3 for overseas markets start in 2019 Tesla achieves operating income in H2 2019 Annual production capacity to extend to 590,000 units at Fremont factory Tesla launching Model Y compact SUV in 2020 and Cybertruck pickup truck in 2021 China:...

Market & Tech Reports  Updated at: 2020/03/25

2021-2030 CO2 regulations in Europe, backlash against diesel, and electrification Germany's two-sided strategy for electrification and diesel cars Summary Backlash against diesel engines continue in Europe Some OEMs may not meet the CO2 emissions reduction target in 2021 EU: Announced a proposal to cut CO2 emissions by 30% by 2030 from 2021 Germany: Two-sided strategy for electrification and diesel cars LMC Automotive Forecast: Global market pred...

Market & Tech Reports  Updated at: 2018/05/09

The Chinese market in 2016: Passenger vehicle tax break contributes to record high sales SUVs comprise 37% of the passenger vehicle market, Chinese brands expand market share Summary 2016 vehicle sales increase 13.9% y/y, SUV models drive growth Sales volume by group: SAIC and Dongfeng hold the top two positions, while the gap between FAW (3rd), Changan (4th), and BAIC (5th) closes Passenger vehicle market: Market share of Chinese OEMs increases ...

Market & Tech Reports  Updated at: 2017/02/20

Japanese OEM's plans for FY 2016: 28% profit loss due to yen appreciation Expected USD rate for second half set at JPY 102, performance may rise depending on exchange rates Overview Vehicle sales by region: Global sales expected to hit all-time high in FY 2016, but revised downward from initial projections Sales figures: Full-year projections revised downward due to effects of the strong yen Operating income: Japanese automakers forecasted to gen...

Market & Tech Reports  Updated at: 2016/12/13

Brazil sales to drop 21% in 2015 due to weak economy OEMs cut production, add capacity in hope of future growth Summary Brazilian sales drop 21% in Jan.-Jul. 2015 as tax breaks end Top 4 OEMs' sales plunge; Hyundai and Toyota enjoy sales increases OEMs cut production to deal with falling demand Government launches INOVAR-AUTO policy to protect local production Top OEMs: FCA, VW and GM European OEMs : PSA, BMW, Daimler and JLR Japanese OEMs: Toyot...

Market & Tech Reports  Updated at: 2015/09/09

Japanese OEMs surpass global production record for third consecutive year Year-to-year overseas production numbers increase while exports drop Summary 2014 overseas production volumes increase in North and Latin America Japan's production of non-mini vehicles decrease while mini-vehicles increase 2014 exports decrease 4.5% to 4.47 million units, in spite of weak yen OEMs transferring some production back to Japan Japanese OEMs set a new global p...

Market & Tech Reports  Updated at: 2015/05/18

2015 Japanese market (Part 1): Outlook and vehicle tax revision Demand prior to VAT hike boosted 2014 sales to 5.56 million vehicles Summary 2015 sales outlook in Japan: five million units likely to be maintained New vehicle sales in 2014 exceeds 5.5 million-unit mark first in eight years 2014 sales volume in Japan by brand：Suzuki and Honda posts record-high market shares Vehicle tax revisions: government tightens requirements for eco-car tax r...

Market & Tech Reports  Updated at: 2015/02/10

Renault updates management plan and sets new goals for 2017 Will integrate core functions with Nissan and enhance non-European businesses Summary Renault’s goals and strategies France: Production enhancement and reduction of workers Russia: Establishing joint purchasing company with AvtoVAZ China: Establishing JV plant with Dongfeng / Korea: Renault Samsung's new business plan Updates in other markets Renault's 2013 global unit sales reach 2.63...

Market & Tech Reports  Updated at: 2014/04/25

European OEMs: 2013 results and 2014 outlook Record sales in 2013 for German OEMs; PSA and Renault's new management plan Summary Highlights of 6 European OEMs PSA halves operating loss in 2013 and reveals new management plan Renault sets new goal to achieve sales revenue of EUR 50 billion by 2017 Fiat completely acquires Chrysler and forms FCA (Fiat Chrysler Automobiles) VW expects 10 million unit sales in 2014 BMW predicts increase in unit sales...

Market & Tech Reports  Updated at: 2014/04/02

Daihatsu shortens product development cycle to react to market demand Applies mini vehicle technologies to compact cars Summary Daihatsu expects Japanese mini vehicle market to expand to 2.1 million in FY2013 Mira e:s with fuel economy of 33.4km/L launched in Aug. 2013 An integrated structure for engine development and production in Kyushu, Japan Indonesia: AYLA to be launched in late Aug. to early Sep. 2013 Malaysia: New vehicle plant and AT pla...

Market & Tech Reports  Updated at: 2013/08/20

PSA looks to break its dependence on Europe by expanding into emerging markets The company hopes to improve earnings by cutting costs and by selling more high-end models Summary PSA strategy: Improvement in earnings structure and cost reduction Europe: Restructuring and reduction versus investment for new model production Highlights outside Europe: PSA look to break its dependence on Europe PSA Model plan: Higher earnings from each brand PSA Grou...

Market & Tech Reports  Updated at: 2013/07/08

Toyota's earnings improvement plans for development, procurement and production Expects consolidated operating income of one-trillion yen in FY2012 Summary Introducing Toyota New Global Architecture (TNGA) Toyota Motor East Japan, Inc. established in July 2012 for centralized production of small cars Introducing new production technology to reduce capital investment by 40 percent The year 2012 declared to be the year of significant changes to pro...

Market & Tech Reports  Updated at: 2012/06/12