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Mexico (2) Production and exports affected by U.S. tariff concerns
Mexico (2) Production and exports affected by U.S. tariff concerns Production and exports reach record highs in 2024, stalling in H1 2025 Summary Mexican auto industry outlook: Impact of Trump tariffs becoming apparent Production and exports: 2024 volumes were the highest ever, but export volumes are on the decline following the inauguration of the Trump administration GM: Producing three EV models, considering transferring some pickup truck prod...
Market & Tech Reports Updated at: 2025/07/11
GM (1) EV Sales Growth Stalls, Electrification Plans Revised
by 2025 Buick: Major setbacks to EV introduction plans GMC: Expands EV lineup of full-size pickups following Hummer BrightDrop: Commercial EV brand, integrated with Chevrolet brand Collaboration with Honda: Joint development of FCVs to follow EVs, but future plans are backtracking North American EV production plants: Withdrawal of plan for production of 1 million BEVs/year in 2025 Battery production: Construction of four Ultium cell plants underw...
Market & Tech Reports Updated at: 2024/10/08
GM (2): Global sales and earnings increase due to higher sales in the U.S.
GM (2): Global sales and earnings increase due to higher sales in the U.S. Promoting localization of electrification technology and EV production in China Summary Global sales status: Sales are strong in the U.S. and are expected to turnaround globally Sales in the U.S.: First increase in 7 years for full year 2022, reclaiming the top sales position from Toyota China sales situation: Decline in sales of Wuling brand vehicles, declining market sha...
Market & Tech Reports Updated at: 2023/09/15
GM (1): Aiming for annual production of 1 million EVs in North America by 2025
GM (1): Aiming for annual production of 1 million EVs in North America by 2025 Chevrolet and other major brand EV launches; securing battery supply a challenge Summary EV products and launch plans for the U.S. market EV production capacity: Increase to 1 million units/year in North America by 2025 Battery production: Aiming for 160GWh production capacity at four Ultium battery cell plants in the U.S. Battery Materials: Investing and partnering to...
Market & Tech Reports Updated at: 2023/09/06
GM (1): Accelerating its Electrification Strategy to become the EV Leader in the U.S.
l-scale introduction of EVs in the main segments will begin in 2023 GM's EV products and launch plans for the U.S. market BrightDrop electric commercial vehicle brand: First delivery to FedEx in December 2021 Self-driving and sharing business: Started testing driverless taxis in urban areas Battery production: A fourth plant in North America is also scheduled to be announced. Collaboration with Honda: EV vehicle development and the expansion of a...
Market & Tech Reports Updated at: 2022/06/03
SAIC: Investing CNY 300 billion in smart EVs, transforming into a user-oriented high-tech company
of 2021, sales volume decreased by 1.1% year-over-year (y/y) to 4.803 million units, of which NEV sales volumes increased by 155.5% y/y to 638,000 units. Overseas sales volumes increased 87.4% y/y to 603,000 units. The SAIC Group is the largest listed automobile manufacturer in China in terms of production and sales, and its subsidiaries include foreign equity-funded joint ventures such as SAIC Volkswagen Automotive Co., Ltd. (“SAIC VW”), ...
Market & Tech Reports Updated at: 2022/01/13
Mexico shifting production of compact cars to SUVs/pickups to meet the US demand
Mexico shifting production of compact cars to SUVs/pickups to meet the US demand New president could threaten economic outlook, ratification of USMCA facing obstacles Summary 3.91 million units produced, 88% exported, 1.42 million units sold domestically, imports account for 65% GM outperforms Nissan in production and exports GM, Nissan, FCA, VW, Hyundai-Kia, Ford, Toyota and Mazda’s activities in Mexico 74% of exports destined for the US, sale...
Market & Tech Reports Updated at: 2019/04/11