tive air-conditioning systems, the company is also involved in powertrain applications. Capital: CNY 3.59 billion Sales: CNY 27.950 billion, profit: CNY 3.100 billion (fiscal year ended December 2024) Number of employees: 19,783 (as of December 31, 2024) Main manufacturing sites are in China, U.S., Mexico, Germany, Poland, and India. The company’s main customers are BYD, VW, Audi, BMW, GM, Hyundai, SAIC, Denso, Valeo, Hanon, and Mahle. 3) Jap...

Market & Tech Reports  Updated at: 2026/03/30

mated 119k units in February, down by 0.4% YoY, while the selling rate slowed to 1.95 mn units/year, from 2.01 mn units/year in January. As has typically been the case in recent months, the market performed reasonably well, considering poor weather and a difficult economic and trade environment. In Mexico, sales increased by 2.7% YoY, to 127k units. The selling rate eased to 1.71 mn units/year, from 1.74 mn units/year in January, but the market c...

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

plete stop. Bosch offers two technology solutions: conventional friction brake systems and electric motor control for EVs. Manufacturing related: The company has production facilities in Germany, Spain, Poland, Hungary, Romania, Turkey, and other countries in Europe, and in the United States, Mexico, Brazil, and other countries in the Americas. Recent production investments in brake related products are as follows. In May 2021, Bosch rep...

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

up by 2.0% YoY. Canadian LV sales totaled an estimated 113k units in January, down by 2.9% YoY, although the selling rate accelerated to 2.02 mn units/year, from 1.94 mn units/year in December. Given that much of Canada experienced heavy snowfall in January, this can be considered a good result. In Mexico, sales increased by 11.4% YoY, to almost 140k units. The selling rate increased to 1.74 mn units/year, from 1.46 mn units/year in December. The...

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

anufacturers (CAAM), export volume in 2025 reach 7.098 million units, up 21.1% from the previous year. Of this total, passenger car exports grew 21.9% y/y to 6.038 million units, while NEVs grew 103.7% y/y to 2.615 million units.   According to data from the China Passenger Car Association (CPCA), Mexico, Russia, and the United Arab Emirates (UAE) were the top three countries receiving Chinese vehicle exports in 2025. Among the top 10 export des...

Market & Tech Reports  Updated at: 2026/02/19

ch-discussed throughout much of this year, it could be argued that the reality of what has transpired bears little resemblance to what was originally feared when the Trump administration’s intentions were first laid out in March. Crucially, USMCA-compliant parts imported to the US from Canada and Mexico are not charged a tariff, while finished vehicles only incur a 25% tariff on the non-US content of the vehicle, if it is USMCA-compliant. There...

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

th America (+18% YoY) and further growth in Europe (+2.3% YoY). Jeep and Ram led the YoY expansion in North America, both rising from a low base in Q4 2024 when output was cut to assist in inventory trimming, further bolstered by Ram launching the 1500 (DT) pickup at a secondary facility located in Mexico from April 2025. In Europe, the uptrend continued after Fiat, Citroën and Opel ramped up assembly of hybrids through brand-new SUV releases an...

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

, the GST rate cut, lower interest rates, better liquidity, reduction in inflation, favourable government policies, new models, a good monsoon, increasing rural income, etc., are a few of the factors to drive the two-wheeler segments. However, external factors such as higher tariffs in markets like Mexico and geopolitical tension may impact the supply chain as well as exports from India. Two-wheeler production volume (including EVs) (million un...

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

94 mn units/year, from 1.81 mn units/year in November. Sales surged in December 2024, as consumers in Quebec rushed to buy vehicles before ZEV incentives expired, thus providing a very high base that December 2025 could not match. For 2025 as a whole, sales reached 1.87 mn units, up by 3.2% YoY. In Mexico, sales increased by 5.6% YoY, to 164k units, but the selling rate slowed to 1.46 mn units/year, from 1.71 mn units/year in November. For the ye...

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

,219 3,830 6,854 6,652 9,480 Italy 5,580 16,528 15,550 11,351 11,702 10,289 9,113 Japan 5,833 5,487 5,648 9,741 7,374 7,304 8,090 Switzerland 8,722 8,758 8,931 6,219 6,204 7,201 7,856 Denmark 3,019 22,340 16,033 8,996 9,604 8,426 7,554 Belgium 4,789 16,012 21,182 9,748 9,801 8,639 6,702 Mexico 1,282 3,555 4,548 4,961 6,143 7,492 6,426 Spain 4,601 13,237 16,661 16,067 8,739 6,629 6,217 Portugal 2,616 9,329 9,760 7,738 5,065 4,128 5...

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

dia reports dated December 16, India has proposed a preferential trade agreement to the Mexican government that would mitigate the impact of a tariff increase of up to 50% that will come into effect on January 1, 2026. The tariff hike is estimated to affect about USD 2 billion of India's exports to Mexico. Both governments are seeking to avoid a blow to India's exports and have agreed to move quickly to conclude a trade agreement to mitigate the ...

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

ine in Germany. The company is also accelerating the construction of a new smart factory in Spain, with deliveries to European partners (Volkswagen, Volvo, etc.) planned for 2026. At the same time, the company is building regional manufacturing and technical support facilities in Southeast Asia and Mexico. 3.1.2 Intelligent cockpit technologies and products Hyptec HL (Cockpit components and system supplier: Desay SV) Figure 3.1: Hyptec ...

Market & Tech Reports  Updated at: 2025/12/24

plant, scheduled to start operations in May 2024, will supply products for electric vehicles to Hyundai Motor Company's Hyundai Metaplant America and other customers. Acceptance of condenser business transfer: In May 2021, the company accepted the transfer of the Czech Republic and North American (Mexico and part of the U.S.) condenser business of the former Keihin (now Astemo, Ltd.), which was affiliated with Honda, and started operations as Ha...

Market & Tech Reports  Updated at: 2025/12/22

overall. Canadian Light Vehicle sales totaled an estimated 140k units in November, down by 6.2% YoY, while the selling rate slowed to 1.79 mn units/year, from 1.95 mn units/year in October. Data suggested monthly loan payments are increasing, hinting at cost pressures feeding through to buyers. In Mexico, sales decreased by 1.3% YoY, to 155k units, but the selling rate accelerated to 1.71 mn units/year, from 1.63 mn units/year in October. Sales ...

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

cores for electric vehicles by utilizing the technology and experience it has accumulated in spring manufacturing. It carries out all processes in-house, from die design and manufacturing to maintenance, enabling it to supply products at the same quality level from its three global bases in Japan, Mexico, and China.   The company uses a press to punch out electromagnetic steel sheets between 0.25mm and 0.35mm thick, then stacks hundreds of the ...

Market & Tech Reports  Updated at: 2025/12/17

y is actively engaged in the development of modules for instrument panels, doors, etc., and its group handles most of the company's plastic parts, especially instrument panels, which it supplies for all Mazda models. Outside Japan, the company has plants in the U.S., China, Thailand, Indonesia, and Mexico to supply localized products to Mazda and other OEMs. In response to CO2 regulations and safety improvements, as well as for the development of...

Market & Tech Reports  Updated at: 2025/12/15

replacement interval. [Manufacturing related] ＜Global＞ 6 CVT manufacturing sites (2 in Japan, 1 in the Americas, 2 in China, 1 in Asia)＜Breakdown＞ Japan 2 (Fuji District (Fuji City, Shizuoka Prefecture), Fujinomiya District (Fujinomiya City, Shizuoka Prefecture)) Americas 1 (JATCO Mexico, S.A. de C.V., (Aguascalientes, Mexico)) China 2 (JATCO (Guangzhou) Automatic Transmission Ltd. (Guangzhou City, Guangdong Province), JATCO (Su...

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

ly suspended in 2025, limiting construction.   Emerging markets are catching up fast. In Brazil, the number of public charging stations will be over 12,000 by the end of 2024, while the total for Indonesia, Thailand, Malaysia, and Vietnam will be 24,000, nine times the number in 2022. Colombia and Mexico have seen increases of 60% and 20%, respectively, from 2022 onwards.   In recent years, competition in China's domestic charging station mark...

Market & Tech Reports  Updated at: 2025/12/02

mpany has long-term contracts with Lake Resources of Australia, Albemarle of the USA, and five other companies for lithium, and with PT Vale Indonesia Tbk of Indonesia and one other company for nickel. Ford Puma Gen-E (Photo:Copyright ©Ford) Tesla   The construction of a Gigafactory in Mexico, which was announced in 2023, was temporarily put on hold in July 2024 due to the uncertainty surrounding the potential implementation of tarif...

Market & Tech Reports  Updated at: 2025/12/01

o move their parts supply chains from China to other countries.    On November 4, OEMs (GM, Ford, Stellantis, Tesla, Toyota, Hyundai, VW, etc.) submitted documents to the Office of the United States Trade Representative (USTR) requesting the Trump administration to extend the USMCA (United States-Mexico-Canada Agreement) ahead of its official review scheduled for 2026. The American Automotive Policy Council (AAPC) said the USMCA will help maint...

Market & Tech Reports  Updated at: 2025/11/26