ealers Association (JADA), new registered (non-mini vehicle) vehicle sales in February were down 7.3% y/y to 244,000 units, with Toyota down 8.6% to 115,000 units, Honda down 8.2% to 30,000 units, Nissan down 10.4% to 22,000 units, and Suzuki up 17.6% to 16,000 units.   According to an analysis by GlobalData, the continued struggle in the Japanese market is attributed to the harsh economic conditions, as well as the rise in funding costs due to ...

Market & Tech Reports  Updated at: 2026/03/27

GlobalData Global Light Vehicle Sales Update (February 2026) Global sales declined by 8.5%, 6.04 mn units and the selling rate improved to 86.6 mn units/year Summary Commentary For February, the Global Light Vehicle (LV) selling rate improved modestly to 86.6 mn units/year, on what was a weak start to 2026. In year-on-year (YoY) terms, the market declined 8.5% YoY due to a second consecutive sharp contraction in the Chinese PV market as sales to...

Market & Tech Reports  Updated at: 2026/03/24

GlobalData European Passenger Car Sales Update (February 2026) February growth held back by France; 2026 outlook tempered by energy-market risks Summary Commentary In February, results across much of Western Europe were positive, although a sharp contraction in France acted as a significant headwind and weighed on overall regional growth. Sales grew 1.4% YoY to 865k units. The selling rate improved to 12.8 mn units/year. Year-to-date (YTD) sales...

Market & Tech Reports  Updated at: 2026/03/09

Dealers Association (JADA), newly registered (non-mini vehicle) vehicle sales in January were down 4.2% to 229,000 units, with Toyota down 4.0% to 114,000 units, Honda down 4.5% to 27,000 units, Nissan down 17.2% to 19,000 units, and Suzuki up 25.4% to 16,000 units.   According to the analysis by GlobalData, in the coming months, it is expected that the rise in financing costs and weak consumer confidence will hinder annualized sales. The Bank ...

Market & Tech Reports  Updated at: 2026/03/03

GlobalData Global Light Vehicle Sales Update (January 2026) Global sales was down by 2.0%, 6.63mn units and the selling rate was 81mn units/year Summary Commentary For January, the Global Light Vehicle (LV) selling rate fell sharply to 81 mn units/year due to a steep contraction in the Chinese PV market. In year-on-year (YoY) terms, the market declined 2.0% as sales totaled 6.6 mn units globally. For the first time in an extended period, the US,...

Market & Tech Reports  Updated at: 2026/02/24

olding Group and Great Wall Motor registered 6,797 units and 6,775 units, respectively, while Hozon Auto and XPeng delivered 3,256 units and 2,783 units.   Among other brands, Tesla recorded 4,949 units, while BMW Group posted 2,311 units. Meanwhile, Thailand-based MINE Mobility reported 59 units. GlobalData blog GlobalData blog: Thailand’s shift toward a mixed Japanese-Chinese erahttps://www.marklines.com/en/news/337157 ASEAN Market Report AS...

Market & Tech Reports  Updated at: 2026/02/20

” in 2024. In 2025, Chery Automobile partnership with King Gen PCL announced to jointly develop a Thai-branded EV.   Japanese manufacturers are showing signs of business restructuring, including consolidating production capacity, reducing model lineups, and the withdrawal of Subaru and Suzuki. A GlobalData automotive industry analysis reports on Thailand’s shift toward a mixed Japanese-Chinese era. This is likely to continue to have an impac...

Market & Tech Reports  Updated at: 2026/02/17

vehicle manufacturers have a high proportion of in-house production of core components such as batteries and drive systems, and because they sell large numbers of vehicles, they enjoy economies of scale and are thought to have a relatively high degree of freedom in setting prices. (Reference)    GlobalData Production Forecast: Evolution of Chinese Market, Shift to Sustainable Growth (November 2025)    List of BEV models released in China in ...

Market & Tech Reports  Updated at: 2026/02/09

GlobalData European Passenger Car Sales Update (January 2026) Modest start to 2026 after recent months of improvement Summary Commentary In January 2026, the Western European PV market contracted for the first time in seven months. Sales declined 2.8% YoY to around 859k units. The seasonally adjusted selling rate fell sharply from December 2025’s peak of 13.4 mn units/year to 11.3 mn units/year in January. However, GlobalData continues to fore...

Market & Tech Reports  Updated at: 2026/02/09

Global Top 10 Countries Sales Forecast (Q4 2025) Global sales to increase 3.8% to 92.13M units in 2025, and 1.7% to 93.74M 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 Q4 2025, global light vehicle sales are forecast to increase by 3.8% YoY to 92.13 mn. -The global LV market has performed well in 2025, not only by comparison to...

Market & Tech Reports  Updated at: 2026/01/30

Global Top 10 OEMs Production Forecast (Q4 2025) Global production to reach 93.35M units in 2025, 95.03M 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 Q4 2025, global light vehicle production in 2025 is estimated to increase by 3.3% YoY to 93.35M mn.-For production, a stronger demand environment underpins the 1.2 mn annual aver...

Market & Tech Reports  Updated at: 2026/01/30

es price (up to CNY 20,000) will be subsidized for replacement with NEVs, and 10% (up to CNY 15,000) for ICE vehicles. For replacement by trade-in, NEVs will be subsidized 8% of the new vehicle sales price (up to CNY 15,000) and ICE vehicles will be subsidized 6% (up to CNY 13,000).   According to GlobalData's analysis, passenger car sales in China were weak in December following the extension of the end of the replacement incentive program from...

Market & Tech Reports  Updated at: 2026/01/26

GlobalData Global Light Vehicle Sales Update (December 2025) Summary Commentary For December, the Global Light Vehicle (LV) selling rate fell to 93 mn units/year; with this mainly being attributed to a deceleration in the Chinese PV market. In year-on-year (YoY) terms, the market fell 2.5% as sales totaled 8.4 mn units globally. Overall, 2025 finished with 91.9 mn units sold, up around 3.6% from 2024’s result. The US, Western Europe, and Chin...

Market & Tech Reports  Updated at: 2026/01/21

Tesla: Struggling with Slowing U.S. BEV Demand and Intensifying Competition in China GlobalData sales forecast: Gradual decline from 1.6 million units; promotion of Robotaxi business Summary GlobalData Sales Forecast: Tesla sales will decline, but recover around 2030 with the launch of a low-cost model Sales trends: Model Y and Model 3 account for over 95% of total sales Production trends: Production ramp-up slows down from 2024 U.S.: BEV sales s...

Market & Tech Reports  Updated at: 2026/01/14

GlobalData European Passenger Car Sales Update (December 2025) Summary Commentary For December 2025, the Western European PV market grew for a sixth consecutive month. Sales were up 6% YoY, with a total circa 1 mn units. 2025 sales finished with a total of 11.8 mn units for the year (+2% YoY), which is well above our earlier-in-the-year expectations, when the market was posting YoY declines and there were major concerns over global trade tensio...

Market & Tech Reports  Updated at: 2026/01/08

only the relevant data will be shown. China US India Japan Germany Brazil UK Italy France Canada Korea Thailand Copyright (C) MarkLines Co., Ltd. All rights reserved. China   New vehicle sales in November were 2.416 million units, reflecting a decrease of 6.4% y/y (up 1.0% m/m).   According to GlobalData's analysis, the decline in November was largely due to a comparison with the particularly strong months at the end of 2024, as consumers so...

Market & Tech Reports  Updated at: 2025/12/26

GlobalData Global Light Vehicle Sales Update (November 2025) Summary Commentary For November, the Global Light Vehicle (LV) selling rate remained strong, at 95 mn units/year, only slightly below October’s result. In year-on-year (YoY) terms, the market fell 2% as sales totaled 8.1 mn units globally. Year-to-date (YTD), 83.6 mn vehicles have been sold, up 4% from the same period in 2024. The key markets of the US, Western Europe, and China saw...

Market & Tech Reports  Updated at: 2025/12/19

GlobalData European Passenger Car Sales Update (November 2025) Summary Commentary For November 2025, the Western European PV market grew for a fifth consecutive month. Sales were up nearly 2% YoY, with a total of circa 950k units. YTD sales are up over 1% compared to the same period in 2024, at 10.7 mn units. Supported by the recent positive results, GlobalData now expects 2025 will eclipse 2024 by 1%. Across the five largest Western European m...

Market & Tech Reports  Updated at: 2025/12/10

Great Wall Motor secured fifth with 5,030 units.   Other notable Chinese automakers included Geely (4,936 units), Chery (3,304), Hozon Auto (2,975), and XPeng (1,988). Meanwhile, Tesla recorded 3,802 units. Thailand-based MINE Mobility registered 31 BEVs during the January–September 2025 period. GlobalData blog GlobalData blog: Hyundai Indonesia: a k-drama storyline on wheelshttps://www.marklines.com/en/news/331782 ASEAN Market Report GAIKINDO...

Market & Tech Reports  Updated at: 2025/11/25

GlobalData Global Light Vehicle Sales Update (October 2025) Summary Commentary For October, the Global Light Vehicle (LV) selling rate saw its second strongest month of the year, with 96 mn units/year, fractionally behind the August result. In year-on-year (YoY) terms, the market grew 3% as sales reached 8.2 mn units globally. Year-to-date (YTD), 75 mn vehicles have been sold, up 5% from the same period in 2024. The key markets of the US, We...

Market & Tech Reports  Updated at: 2025/11/21