o conventional exhaust system components, competition between Sango, Yutaka Giken, and Futaba is expected to increase for exhaust heat recovery equipment. Customers: In addition to Toyota and Daihatsu, Futaba also supplies exhaust system components to other major OEM such as Nissan, Mitsubishi, and Suzuki. As mentioned in the section above on Sango, Futaba and Sango are competing rivals for business both inside and outside of the Toyota group. Wh...

Market & Tech Reports  Updated at: 2025/06/19

rs.   Looking at the trends for each Japanese OEM, Subaru and Mazda, which do not currently produce commercial vehicles, have the most models equipped with disc brakes. All Mazda models, with the exception of the Mazda 2, are equipped with four-wheel disc brakes.   On the other hand, Daihatsu and Suzuki, whose main production models are mini-vehicles and small cars in the B segment and below, have many models with drum brakes.   In between are...

Market & Tech Reports  Updated at: 2025/05/29

Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030 Launch of e VITARA in India, increasing electric and CNG vehicles Summary New mid-term management plan, "By Your Side", for FY2025-2030 Major trends toward the introduction of electric and CNG vehicles Technology trends: Strengthening CNG business with a focus on carbon neutrality Indian market: Record high sales in 2024; Expanding sales lineup focusing on SUVs Japanese m...

Market & Tech Reports  Updated at: 2025/05/15

GM, Dongfeng Nissan, Zhengzhou Nissan, Changan Mazda, Brilliance, SAIC Passenger Vehicle, JAC, Geely, GAC, FAW, Dongfeng Yueda Kia, Dongfeng Renault, GAC Mitsubishi, GAC Fiat Chrysler, Dongfeng Peugeot Citroen, Chery, Beijing Hyundai, Jiangling Motors, Changan Ford, FAW Toyota, GAC Toyota, Changan Suzuki, SAIC Volkswagen, BMW Brilliance, GAC Honda Airbags Autoliv (China) Steering Wheel Co., Ltd. Shanghai, Fengxian District ● 100% Great Wall,...

Market & Tech Reports  Updated at: 2025/04/24

DrivNxt.Ai 2024: ADAS and SDVs in India Presentation by Maruti Suzuki, ADAS demonstrations from iCAT Summary Inaugural Session (iCAT) Software Defined Vehicle (SDV) Ecosystem (Maruti Suzuki India) Smart way to Design Software-Defined Vehicles (SDV) (Vector Informatik India) Transformation of the automotive industry (Ministry of Electronics and IT) Track demonstrations of ADAS technologies (iCAT) ADAS / SDV exhibits (Uno Minda, Atlanta Systems, Ve...

Market & Tech Reports  Updated at: 2025/02/26

Bharat Mobility Global Expo 2025: BEVs in India Maruti Suzuki, Hyundai, Tata, and other OEMs focus on new technologies Summary Prime Minister Inaugurates Bharat Mobility Event: Highlights on India's Auto Sector Growth New Vehicle launches in Auto Expo Motor Show 2025 Maruti Suzuki India Limited (MSIL): e VITARA, and electric ecosystem "e For Me" Hyundai Motor India Limited (HMIL): CRETA Electric, and last-mile mobility in partnership with TVS Tat...

Market & Tech Reports  Updated at: 2025/02/13

ys but remain high (at approximately 65-68 days). As for the outlook for the rest of the year, FADA expects that the passenger car sector will benefit from significant discounting and improved supply to offset weak consumer confidence and year-end declines.   Based on the companies' sales figures, Maruti Suzuki sold 144,238 units in November, up 5.5% from the same month last year; Tata, 73,246 units, up 0.8%; Mahindra, 67,383 units, up 9.8%; Hyu...

Market & Tech Reports  Updated at: 2024/12/27

re progressively gravitating towards compact SUVs, UVs, and MPVs. Key factors such as rising middle-class incomes, improved vehicle features, superior road presence, enhanced safety, and elevated driving position are fueling the demand for these vehicles. As a result, major OEMs in India, including Maruti Suzuki, Mahindra, Toyota, Tata, Hyundai, and Kia, are now concentrating their efforts on these segments.     In 2023, all leading OEMs report...

Market & Tech Reports  Updated at: 2024/12/23

pplying vehicles to dealers, with average inventory at the end of October standing at 75 to 80 days, just five days better than in September. Thus, a period of significant discounting could last through the end of the year.   Looking at October sales by manufacturer based on company announcements, Maruti Suzuki was down 5.1% compared to the same month last year to 163,130 units, Mahindra was up 20.4% to 82,332 units, Tata was flat at 80,839 unit...

Market & Tech Reports  Updated at: 2024/11/26

lier of air conditioning equipment and cooling systems, headquartered in Daejeon, South Korea. The company's main customers are Hyundai and Kia, but due to its relationship with the former Visteon, Hanon Systems is building a supply system for global customers such as Ford, Chrysler, VW, Mazda, and Suzuki. It has a history of being based on European and U.S. companies as follows. It was established in 1986 as a joint venture between Ford (USA) a...

Market & Tech Reports  Updated at: 2024/11/07

erve Bank of India (central bank) to tighten its policies on banks' provision of funds to dealers to prevent dealers from facing further financial pressure due to unsold inventory.   Based on announcements from each company, passenger car sales for September were down 3.3% y/y to 148,000 units for Maruti Suzuki, up 14.1% to 71,000 units for Mahindra, down 15.0% to 70,000 units for Tata, and down 5.8% to 51,000 units for Hyundai. Hyundai Motor In...

Market & Tech Reports  Updated at: 2024/10/28

of JPY 1.5 trillion, in-house production in North America, and an "updated electrification plan." When it announced its financial results in May 2024, it stated that four BEV models would be jointly developed by Toyota and produced at the Yajima Plant and Toyota's U.S. plant by the end of 2026.   Suzuki In January 2023, the company announced its growth strategy for FY2030. Suzuki Motor Corporation aims to be carbon neutral (including HEV, CNG, ...

Market & Tech Reports  Updated at: 2024/10/18

d compressors for heat pumps, but at present, electric compressors for its major customer Nissan have been ordered from Denso. On the other hand, Highly Marelli has expanded sales of its main product, compressors for mini-vehicles, and the company’ products are also used in the Honda N Series and Suzuki Wagon R Smile. In November 2022, Highly Marelli began supplying HVAC products to Tesla's Semi electric truck in the U.S. This HVAC is based on ...

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

for two years for commercial vehicles and one year for passenger cars. Commercial vehicle manufacturers such as Tata Motors, Ashok Leyland, and Mahindra & Mahindra will offer discounts of up to 3% of the ex-showroom price for scrapping old vehicles, while passenger vehicle manufacturers, including Maruti Suzuki, Hyundai, and Toyota, will be offering discounts of 1.5% or INR 20,000 (about JPY 35,000), whichever is less. Mercedes Benz India has al...

Market & Tech Reports  Updated at: 2024/09/27

company is a key supplier to Toyota, Subaru, and Daihatsu, and delivers products to other Japanese automakers, except for Nissan (excluding OEM minicars), but through the aforementioned collaboration with Ashimori Industry, the company expects to expand sales to Ashimori's major customers Mazda and Suzuki in the future. To satisfy Toyota's overseas production requirements, the company has secured manufacturing sites in Asia, North America, Easter...

Market & Tech Reports  Updated at: 2024/09/12

n the number of households slowed, ownership of mini-vehicles increased, mainly due to a recovery in new car sales.   India   New vehicle sales in July were 342,000 units, reflecting an decrease of 1.9% y/y (down 0.1% m/m).   Looking at July sales by manufacturer (on a company-by-company basis), Maruti Suzuki posted a 9.3% y/y decline to 140,000 units, Tata sales fell by 11.0% to 70,000 units, Mahindra increased 5.2% to 58,000 units, Hyundai M...

Market & Tech Reports  Updated at: 2024/08/29

e shares are held by Aisin Shiroki Corporation. The new company is expected to have had 900 employees at the time of acquisition, and will manufacture seat recliners, seat slides and other products. Toyota Boshoku will acquire the commercial rights to the seat frame mechanism components supplied to Suzuki, Daihatsu, and Mazda. In parallel with the conversion of Toyota Boshoku Hirose into a subsidiary, Toyota Boshoku, Aisin, and Shiroki announced ...

Market & Tech Reports  Updated at: 2024/08/01

ision in Germany by 2025, out of approximately 12,500 employees in the mobility electronics sector in Germany. Staff reductions are planned for the Ansbach, Reutlingen, Salzgitter, and Schwieberdingen sites. Japan In February 2022, the company announced that it will establish a new R&D center in Tsuzuki Ward, Yokohama City, to support "Software Defined Vehicles (SDVs)," in which software plays a key role in the evolution of automobiles. The inv...

Market & Tech Reports  Updated at: 2024/07/19

JSAE 2024 in Yokohama: Carbon Neutrality Methane gas initiatives, recycling, biomass materials Summary Initiatives for methane gas utilization (Suzuki, Sumitomo Chemical) Biomass materials (Mazda, Toyota Boshoku, Honda, Arkema) Paintless (Idemitsu, Asahi Kasei, Faltec) Products and technologies using recycled materials (Toyota Auto Body, Yamaha Motor, Honda) Recycling of scraps and waste materials (Subaru, Kasai Kogyo, DJK, Nihon Plast, Toyota) ...

Market & Tech Reports  Updated at: 2024/06/26

t all new EVs are eligible for the credit, as North American production of certain components is required to qualify for all or part of the credit under the IRA.   India   New vehicle sales in May were 347,000 units, reflecting an increase of 3.2% y/y (up 3.5% m/m).   May sales by automaker show Maruti Suzuki up 0.1% y/y to 147,000 units; Tata up 2.3% to 75,000 units; Mahindra up 17.0% to 60,000 units; Hyundai Motor up 1.1% to 49,000 units; To...

Market & Tech Reports  Updated at: 2024/06/26