pe remain resilient despite a deteriorating global economic backdrop: US volumes outperformed expectations even against a tough April comparison that was boosted last year by tariff-related pull-forward demand, and Western Europe continues to benefit from the increasing availability of lower-priced models and supportive EV policy. North America US Light Vehicle sales fell by 6.6% YoY in April, to 1.38 mn units. The month had...

Market & Tech Reports  Updated at: 2026/05/22

aker overall performance partly to seasonal factors, including leaner supply after strong year-end demand in December 2025, as well as external headwinds such as geopolitical tensions in the Middle East and elevated fuel prices. The association noted rising demand for fuel-efficient and electrified models.   Toyota Motor Philippines accounted for the largest market share at approximately 49% share, followed by Mitsubishi Motors, Suzuki, Nissan, ...

Market & Tech Reports  Updated at: 2026/05/21

on technology. The vehicle's torsional rigidity exceeds 30,000Nm/deg, achieving a balance between safety and interior space.  With a configuration of Qualcomm 8155/8295 + Qualcomm 8650, it provides smooth AI conversation and advanced driving assistance by combining LiDAR and end-to-end large-scale models.   The B01 is a model developed for the younger generation who pursue individuality. The vehicle dimensions are: Overall length 4,770mm × wid...

Market & Tech Reports  Updated at: 2026/05/20

HEV Market Trend in the U.S. Japanese OEMs Hold 70% Share, Expanding Local Production of HEV Models Summary Sales Trends by Powertrain in the U.S.: HEV Ratio Increases Annually, While BEVs Struggle Sales Volume of Japanese OEMs in the U.S.: Increase in Sales, Focusing on HEVs HEV Sales Trends of Hyundai Kia HEV Sales Trends of Ford Group   It has been about a year since President Trump imposed higher tariffs on vehicles imported from Japan; how...

Market & Tech Reports  Updated at: 2026/05/19

ata airbag recalls and how they caused an increased level of scrutiny on the company and technology. Hugh Nguyen highlighted the importance of a gradual scaling approach for robotaxis to build public trust and further showcase their safety benefits.   Hugh Nguyen described two types of partnership models existing in the robotaxi ecosystem. One model is a product-centric model, used by Waymo, in which a company develops a product, and then works ...

Market & Tech Reports  Updated at: 2026/05/14

s from Huawei, Momenta, and others to accelerate localization at China speed Honda: Promoting the Honda brand across a wide range of products, including motorcycles Mazda: Unveils Year of the Horse Edition of its second NEV model, the EZ-60 Hyundai: IONIQ V unveiled for the first time; launching 20 models in 5 years  The 19th Beijing International Automotive Exhibition (Auto China 2026 ) was held at the China International Exhibition and Convent...

Market & Tech Reports  Updated at: 2026/05/14

e significantly after 2030. While output in Europe and South America remains weak, reflecting current market conditions, other regions should maintain steady growth, especially Asia-Pacific and North America, both in terms of volume and growth rate.   GlobalData assume that the top five production models—the RAV4, Corolla Cross, Hilux, Corolla, and Lexus ES—will remain unchanged in 2029, supported by their global popularity. As the Hilux is ...

Market & Tech Reports  Updated at: 2026/05/12

e second generation Robotaxi vehicle is currently undergoing pilot testing. Geely's "Full-domain AI 2.0" Worldl Action Model (Source: Geely Auto Group) FAW FAW Bestune has upgraded its product lineup "Bestune Yueyi" to an independent new NEV brand "FAW JoyEE". FAW plans to launch seven models in the Chinese market over the next few years, focusing on AI large-scale models, smart cockpits, and advanced driver assistance technologies. ...

Market & Tech Reports  Updated at: 2026/05/11

PV market posted a fifth consecutive month of growth, with sales up 11.6% YoY to 155k units (helped by an extra working day). YTD volumes reached 640k — nearly 10% ahead of 2025 — implying an April annualized pace of 1.71 mn units/year. EV sales surged 99% YoY, driven by more affordable Chinese models, ongoing road tax exemptions, and final registrations from the depleted Ecobonus pool, but the outlook remains fragile pending MIMIT’s decree...

Market & Tech Reports  Updated at: 2026/05/08

riumph, and BMW Motorrad.   The Toyota Land Cruiser FJ, Toyota Meridian Concept, Toyota Legendary Concept, Isuzu D-Max EV, Mazda6e, Mazda CX-6e, Honda e:N2, Honda Super BEV Concept, Suzuki e VITARA, Ford Ranger Super Duty, Mercedes-Benz CLA 250+, BMW iX3 Neue Klasse, Volvo ES90, were among the key models on display. (Excluding Chinese models)   The event concluded with strong results, recording 132,951 vehicle bookings and 2,056 motorcycle book...

Market & Tech Reports  Updated at: 2026/05/08

Auto China 2026: Xiaomi Auto and HIMA by Huawei Xiaomi VGT Concept Car debuts in China; HIMA unveils its "Jie" models Summary Xiaomi Auto: Supercar concept debuts in China; YU7 GT to be announced at the end of May HIMA: 5 models gathered   The 19th Beijing International Automotive Exhibition (Auto China 2026 ) was held from April 24 to May 3, 2026, at the China International Exhibition and Convention Center and the Capital International Exhibiti...

Market & Tech Reports  Updated at: 2026/05/07

dopted as a device to protect the driver not a wearing seatbelt, and its installation later expanded from not only the driver’s seat, but to the passenger seat as well.   Airbags, when used in conjunction with seatbelts, provide greater occupant protection, and are now standard equipment on most models in the major industrialized countries of Japan, the U.S., and Europe.   Airbag installation rates are steadily increasing in emerging markets,...

Market & Tech Reports  Updated at: 2026/05/07

howroom traffic and sales volumes. For the full year, volumes are projected to grow by 4.1% YoY to 2.65 mn units. Although some economic indicators such as GDP growth are expected to slow, the LV market should benefit from easing interest rates, lower inflation, and the continued rollout of Chinese models—especially as more locally assembled vehicles reach consumers.At the time of writing, the duration and broader implications of the conflict i...

Market & Tech Reports  Updated at: 2026/04/30

The favorable BEV sales seen in 2025 are unlikely to continue, and volumes will keep declining in the medium term. In Japan, since production returned to normal in 2025, similarly high growth is not expected in 2026. In addition, to ease trade tensions, the group has started importing some US-made models into Japan, which will reduce demand for domestically produced versions. In April 2026, Toyota launched the Highlander and Tundra in Japan, imp...

Market & Tech Reports  Updated at: 2026/04/30

oup, Changan Automobile (including NEVO, Deepal and Avatr), Geely, Chery (Omoda & Jaecoo and Lepas), Dongfeng Motor (Forthing), Maxus, and Geely Riddara.   The NIO Firefly EV, Geely Starray EM-i, NEVO Q05 EV, Deepal S03, Maxus 9, GWM ORA 5, BYD Atto 1, BYD Atto 2, and BYD Seal 6 were among the key models on display.   The event concluded with strong results, recording 132,951 vehicle bookings and 2,056 motorcycle bookings, alongside 1,798,312 t...

Market & Tech Reports  Updated at: 2026/04/30

50 kW to 480 kW) and standard chargers (6 kW, 9.6 kW).   The DL, which was exhibited as a new product this time, is a dispenser unit with a separate dispenser and power cubicle, and is used in combination with the 360 kW/480 kW DZ series rapid chargers (power panel).   Like the existing DD and DA models, this dispenser features a two-arm design that allows for simultaneous use of two outlets. In addition, the DL is equipped with a cable support...

Market & Tech Reports  Updated at: 2026/04/28

mer demand resulting from changes to New Energy Vehicle (NEV: BEV, PHEV, FCEV) support measures at the start of the year continue to have an impact.   Sales of electrified vehicles continue to rise across Europe. Italy saw a significant y/y increase of 61.4%. HEVs (up 38.7% y/y) saw an increase in models from Japanese and European OEMS including the Toyota Yaris Cross, while BEVs (up 69.0% y/y) and PHEVs (up 104.1% y/y) are dominated by models f...

Market & Tech Reports  Updated at: 2026/04/27

owertrain and electrification technologies to achieve measured fuel consumption of 2.22L/100km, engine thermal efficiency of 48.41%, and achieves top-level energy-saving performance among any HEV model.   The i-HEV Intelligent Hybrid technology is scheduled to be sequentially installed in multiple models of Geely's flagship China Star series such as the Preface, the Monjaro, the fourth-generation Starray L, the fifth-generation Emgrand, and othe...

Market & Tech Reports  Updated at: 2026/04/24

ration at the SoundHound Booth (GSMA MWC™ Barcelona, organized by © GSM Association; Photo: Copyright © MarkLines Co., Ltd. All rights reserved)   Building on nearly two decades of voice technology leadership, SoundHound is introducing a system that moves beyond conventional large language models to deliver task oriented, in car assistance.   The new platform integrates 28 specialized automotive agents capable of controlling vehicle fun...

Market & Tech Reports  Updated at: 2026/04/23

February. The dispute that led to a disruption in sales reporting appears to have been resolved. Though Chinese brands do not yet have quite as large a presence as in the case in other South American markets, they are growing rapidly in Argentina, as the market opens up to imports and locally built models decline. Sales(units) Selling rate(Units/year) Mar2026 Mar2025 PercentChange Year to date2026 Year to date2025 PercentChange Mar2026 Yea...

Market & Tech Reports  Updated at: 2026/04/21