October 2021, the new JV began production of seat components for Toyota's Corolla Cross compact crossover SUV.   In China, Japanese suppliers are focused not only on supplying complete seats to local automakers, but are also using China as a manufacturing base for trim covers and sewn products for export to Japan. Tachi-S is an example of one supplier who has taken the China manufacturing base concept one step further, attempting to create a glo...

Market & Tech Reports  Updated at: 2025/09/27

ctrification with both the e:N and Ye brands struggling to gain traction. Honda is strengthening partnerships with local firms to launch next-generation models, and with hopes pinned on future new releases to revive sales. In addition, Honda is responding through a strategy to use China as a global export base for its vehicles.   Honda’s two joint ventures in China - GAC Honda and Dongfeng Honda - have begun to reduce the production capacity o...

Market & Tech Reports  Updated at: 2025/09/26

oduction and sales data, new vehicle sales in major European countries totaled 8,962,000 units in the first half of 2025 (January-June), down 4.6% year-over-year (y/y). Of this total, Chinese OEMs sold 872,000 units, down 2.3% y/y, accounting for 9.7% of the total market. Russia remains the largest export destination for Chinese OEMs, and although sales volume fell compared to the same period last year, market share remains stable. Sales increase...

Market & Tech Reports  Updated at: 2025/09/16

Passenger Vehicle (22,173 units), FAW Hongqi (15,913 units), FAW Bestune (14,528 units), Dongfeng Nissan (11,031 units), BAIC Arcfox (10,500 units), and SAIC-GM (10,456 units). In August, New Energy passenger car retail sales volumes totaled 1.101 million units, up 7.5% y/y. As for exports, 204,000 New Energy passenger cars were exported in August, up 102.7% y/y, among which 66% were BEVs and 38% were A0- and A00-class BEVs....

Market & Tech Reports  Updated at: 2025/09/10

umes remained modest.   After revisions to earlier data, total vehicle production in H1 2025 reached 724,715 units, down 4.8% compared to the same period in 2024.   The FTI also highlighted a key milestone in Q2 2025: Thailand began producing electric pickup trucks in April, with the first batch exported overseas in May.   Domestic vehicle sales in H1 2025 totaled 302,694 units, down 1.7% YoY. However, Q2 showed positive momentum, with April ...

Market & Tech Reports  Updated at: 2025/08/28

of Karnataka state   Karnataka is a state located in the southwestern part of India. Its state capital is Bengaluru. The state has one of the highest numbers of engineering colleges, Industrial Training Institutes (ITIs), and polytechnic institutions in India. The State is India's largest software exporter, with electronic and computer software exports. The state is also home to many unicorn start-ups.   Karnataka has the highest share of India...

Market & Tech Reports  Updated at: 2025/08/27

of additional tariffs on U.S. products entering China. The United States will maintain its additional tariffs on Chinese products at 30%, while China will maintain its additional tariffs on U.S. products at 10%.   On July 24, the European Commission held a summit with China to discuss rare earth export restrictions and China's excess production capacity. Market access was discussed and the EU and China agreed to work on concrete solutions. The...

Market & Tech Reports  Updated at: 2025/08/26

2025 China Auto Forum: SAIC Group and Great Wall Motor Electrification, intelligent technology, and globalization Summary SAIC Group: Implementing technological transformation in electrification and intelligence Great Wall Motor: Strategic choices facing China’s auto exports  Amid the trends toward electrification and intelligentization, the SAIC Group is transforming itself from a traditional manufacturing company to a smart mobility company....

Market & Tech Reports  Updated at: 2025/08/12

rporation (29,269 units), GAC Aion (21,124 units), NIO (21,017 units), FAW Bestune (16,771 units), SAIC Motor Passenger Vehicle (14,870 units), FAW Hongqi (12,033 units), and IM Motors (11,861 units). In July, New Energy passenger car retail sales volumes totaled 987,000 units, up 12.0% y/y. As for exports, 213,000 New Energy passenger cars were exported in July, up 120.4% y/y, among which 65.3% were BEVs and 43% were A0- and A00-class BEVs. Spec...

Market & Tech Reports  Updated at: 2025/08/12

create 1,550 jobs. The Lerma plant will lead with a production project for seats for the Mach E and production of seats for the Explorer is scheduled to begin in 2022. In June 2021, Malaysian local media Paul Tan reported that Adient's Malaysian subsidiary, Adient Automotive Seating Malaysia, began exporting headrest systems to Thailand and Indonesia from the new plant in Alor Gajah. The new plant, in which a sum of MYR 10 million was invested, i...

Market & Tech Reports  Updated at: 2025/08/06

in September, with sales to begin by the end of 2025. Production is planned at the Renault ElectriCity, Douai Plant in France. Following production launch of the ICE model in 2017, the production of the Eclipse Cross PHEV model began at the end of 2020. In addition to sales in Japan, the product is exported to Germany, France, the Netherlands, and other European countries, and Germany has overtaken Japan as the top market for sales by country in ...

Market & Tech Reports  Updated at: 2025/07/30

otive market remained strong in the first half of 2025. The vehicle replacement support policy continues, providing strong support for the growth of the Chinese domestic market. New Energy Vehicles (NEVs) continue to show rapid growth and are driving continued industry transformation and upgrading. Export volume also continues to increase, with exports of NEVs growing particularly rapidly.   According to GlobalData, Chinese automakers continue t...

Market & Tech Reports  Updated at: 2025/07/28

t the tariff impact is most focused in North America, which accounts for over half of our 1.5mn unit cut to the latest global light vehicle production forecast for 2025. Elsewhere, exposure to the US market, combined with the adverse economic impact from the ‘tariff shock’, ensures that the key export hubs of Japan, Korea and Europe account for the bulk of the remaining full-year LV production forecast downgrade. In contrast, China's LV produ...

Market & Tech Reports  Updated at: 2025/07/28

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

ion (28,802 units), Xiaomi EV (25,459 units), NIO (24,925 units), GAC Aion (19,886 units), FAW Bestune (16,771 units), SAIC Motor Passenger Vehicle (16,202 units), and FAW Hongqi (14,756 units). In June, New Energy passenger car retail sales volumes totaled 1.111 million units, up 29.7% y/y. As for exports, 198,000 New Energy passenger cars were exported in June, up 116.6% y/y, among which 63% were BEVs and 49% were A0- and A00-class BEVs. Specif...

Market & Tech Reports  Updated at: 2025/07/10

ric vehicle sales.    (Note 1) Aggregated on June 20, 2025              Some corrections have been made to past vehicle data.              Some data includes estimates.              The sales volume (shipment volume) for China are aggregate figures excluding exports.  (Note 2) Reasons for high electrification rates in Nordic countries              1. The population’s environmental awareness...

Market & Tech Reports  Updated at: 2025/06/25

% year-over-year (y/y) to 1.197 million units and sales fell by 13.9% y/y to 866,000 units. GAIKINDO has set the 2025 sales target at 900,000 units, up 4% from the previous year.   GAC Aion’s Aion V(launched in November 2024, compact electric SUV) Indonesia's vehicle production, sales and exports(Source: Created by MarkLines based on GAIKINDO's data)   Related reports:ASEAN Vehicle Sales and Production Update (Q1 2025) (May. 2025)In...

Market & Tech Reports  Updated at: 2025/06/13

units), Dongfeng Motor Corporation (27,552 units), NIO (23,231 units), AIC Motor Passenger Vehicle (20,887 units), GAC Aion (18,280 units), FAW Bestune (17,251 units), and Arcfox (13,507 units). In May, New Energy passenger car retail sales volumes totaled 1.021 million units, up 28.2% y/y. As for exports, 200,000 New Energy passenger cars were exported in May, up 80.9% y/y, among which 66% were BEVs and 39% were A0- and A00-class BEVs. Specific...

Market & Tech Reports  Updated at: 2025/06/10

ling Xingguan."   Related reports:Auto Shanghai 2025: Geely, Chery (May 2025)Auto Shanghai 2025: GAC, Changan, Great Wall Motor (May 2025)Auto Shanghai 2025: BYD (May 2025)Auto Shanghai 2025: China's Emerging EV Makers (May 2025)Auto Shanghai 2025: Japanese OEMs (May 2025)     According to SAIC, exports in 2024 were more than the cumulative total of 5.5 million units, making the company the top Chinese automaker in terms of export volume for ...

Market & Tech Reports  Updated at: 2025/06/03

tric vehicle sales.    (Note 1) Aggregated on May 21, 2025              Some corrections have been made to past vehicle data.              Some data includes estimates.              The sales volume (shipment volume) for China are aggregate figures excluding exports.  (Note 2) Reasons for high electrification rates in Nordic countries              1. The population’s environmental awareness...

Market & Tech Reports  Updated at: 2025/05/26