GM (1) EV Sales Growth Stalls, Electrification Plans Revised BEV product launches in North America and related investments Summary EV products for the US market: Expanding the lineup in high volume segments Chevrolet: Full-scale launch of EVs in major segments from 2024 Cadillac: Leading GM's EV sales, five models available by 2025 Buick: Major setbacks to EV introduction plans GMC: Expands EV lineup of full-size pickups following Hummer BrightDr...

Market & Tech Reports  Updated at: 2024/10/08

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 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. Full-scale launch in main segments from 2022 to 2023, 5 EV plants planned in North America Summary Development of EV Strategy: Plan to eliminate internal combustion engines by 2035, but full-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 d...

Market & Tech Reports  Updated at: 2022/06/03

models to popular light trucks and strengthening production system Honda: Domestic production consolidated into HR-V Mazda: Main axis of production will shift from passenger cars to CX-30 SUVs Production Forecast by LMC Automotive: Mexican production volume will reach a record high in 2023 and achieve 4.35 mn units in 2025 GM's Silao Plant in MexicoNew union chosen under USMCA rules(Source: General Motors de México)   The USMCA (Unite...

Market & Tech Reports  Updated at: 2022/04/01

Start of USMCA and Mexican automobile industry trends NAFTA revision aims to return manufacturing to U.S., but Mexico as export base continues to advance Summary USMCA: Aims to return manufacturing to the U.S. and create jobs Mexican market: Increased focus on manufacturing for export to the U.S., and reliance upon low-priced imports for domestic sales Mexican production and export trends: OEMs shifting production to light trucks for the U.S., wi...

Market & Tech Reports  Updated at: 2020/07/17