omogeneous competition, and the negative impact of unsound capital. 6. Standards and regulations are not keeping up with technology developments and industry requirements There is an urgent need to establish product evaluation, approval, and recall systems, and it is necessary to accelerate the revision of road traffic laws to accommodate the development of intelligent connected cars. At the same time, privacy protection should be strengthene...

Market & Tech Reports  Updated at: 2025/12/05

suppliers. Mitsubishi L100 EV produced in Indonesia (Photo:Copyright ©MITSUBISHI MOTORS) Mazda   In November 2020, Mazda Motor Corporation (Mazda) announced a BEV proportion of 30-40% among all electrified vehicles in 2030, with investments of JPY 1.5 trillion.   In the mid-term plan revision, the company has set 2025 ~ 2027 (Phase 2) as the transition period for battery procurement, unit development, and initial BEV launch, and 20...

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

d smart manufacturing in the automotive industry, the Roadmap proposes a development vision and overall goals for the automotive industry toward 2040.   The China Society of Automotive Engineers has published its Technology Roadmap 1.0 and Technology Roadmap 2.0 in 2016 and 2020, respectively. The revision of this "Technology Roadmap 3.0" began in December 2023, and took 18 months to compile, with the participation of more than 2,000 experts and...

Market & Tech Reports  Updated at: 2025/11/27

tside the region and the elimination of tariffs on USMCA-compliant vehicles from Mexico and Canada.  India   New vehicle sales in October were 468,000 units, reflecting an increase of 16.2% y/y (up 26.7% m/m).   According to the Federation of Automobile Dealers' Associations of India (FADA), the revision of the Goods and Services Tax (GST) to reduce the tax rate on small cars effective September 22, which has increased affordability, has led t...

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

zes the functions and information of navigation systems, such as highway entrance guidance, lane guidance, traffic congestion information, traffic obstructions, weather and forecast information, as sensor fusion information to realize autonomous driving technology.   In Japan, the Road Traffic Act revision enacted in April 2023 has lifted the de facto ban on Level 4 automated driving. Considering the functionality in practical applications, it c...

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

we have raised our 2025 and 2026 sales projections for India by 1% for each year. All other projections remain unchanged.JapanIn addition to a downward adjustment to our outlook in Q1 2025 following the announcement of a new import tariff by the US government, we have implemented a further downward revision in Q2-Q3 2025 due to the low selling rate in recent months. While the new tariff primarily impacts US sales, it is also likely to negatively ...

Market & Tech Reports  Updated at: 2025/10/29

ents, Tata's sales volume for September was up 33.2% to 93,000 units, Mahindra’s was up 12.5% to 83,000 units, Hyundai’s was up 0.9% to 52,000 units, and Toyota's was up 13.8% to 27,000 units.   On September 25, the Indian Ministry of Power's Bureau of Energy Efficiency (BEE) presented a draft revision of the CAFE 3 (Corporate Average Fuel Economy) standards for passenger cars. Emissions regulations for M1 category light-duty gasoline vehicl...

Market & Tech Reports  Updated at: 2025/10/27

s an increase in chip density of up to 1.10 times for data center products .   At the end of July, Tesla signed a $ 16.5 billion semiconductor supply contract with Samsung and announced collaborations with Nvidia and AMD for semiconductor design. These announcements signal a significant change and revision to Tesla's long-term R&D plans. A full-stack autonomous driving system (ADS) platform requires an ecosystem consisting of AI chips, AV hardwa...

Market & Tech Reports  Updated at: 2025/10/01

fication strategy EVs for the North American market: Cooperation with GM to launch the "Prologue" and "Acura ZDX" NEVs for the Chinese market: Joint development of advanced driver assistance technology with Momenta EVs for the Japanese market: Launch of two N-series light passenger EV models Upward revision of the forecast for FY2025 Strengthening Honda's business foundation through the reassessment of the powertrain portfolio (Source: 202...

Market & Tech Reports  Updated at: 2025/09/03

tricter malus tax on carbon emissions, have also influenced consumer behaviour and market dynamics. In the UK, sales declined to 140k units due to a significant drop in demand from both private and fleet buyers. Finally, sales in Italy fell to 118k units primarily due to uncertainty surrounding the revision of CO2 regulations for light vehicles, which has left potential buyers hesitant to invest in new all-electric vehicles. The table can be s...

Market & Tech Reports  Updated at: 2025/08/07

Global Top 10 Countries Sales Forecast (Q2 2025) Global sales to increase 1.3% to 89.9M units in 2025, downward revision from previous forecast Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q2 2025, global light vehicle sales are forecast to increase by 1.3% YoY to 89.9 mn.-The latest update to the Global Light Vehicle (LV) market forecast h...

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

released at the end of April, showed a 0.6% y/y growth, but that of the secondary industry (manufacturing) remained down 1.4%.   The Global Economic Outlook by the International Monetary Fund (IMF) has revised Mexico's real GDP growth rate downward to -0.3% as of April 2025, a significant downward revision from 1.4% as of January of the same year. The United States, the largest export destination, is also expected to see a sharp slowdown to 1.8%...

Market & Tech Reports  Updated at: 2025/07/11

ased on the agreement reached at the March 2022 World Forum for Harmonization of Vehicle Regulations (WP.29) of the United Nations on revising the requirement for automatic operation in the provisions of the "Agreement Rules for Braking Devices for Large Vehicles (No. 13)" electric parking brake, a revision will be made to the domestic standards. ② The following requirements have been added. The parking brake shall automatically be applied whe...

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

kLines Co., Ltd. All rights reserved)MarkLines Co., Ltd. was honoured to support the event as a media partner. Related Reports: Car IT Symposium 2025: Role of AI to achieving SDV (Apr. 2025) CES 2025 Overview and Perspectives (Feb. 2024) 33rd Aachen Colloquium Sustainable Mobility (Dec. 2024) ReVision AD, ADAS & SDV Summit 2024 (Nov. 2024)     Panel Discussion: Building Consumer Trust in Autonomy - Overcoming Psychological and Practical ...

Market & Tech Reports  Updated at: 2025/05/16

we could see 1-2 million fewer vehicles sold per annum over the next few years if deals are not done and some tariffs are reversed.-While the base forecast presented in this report does focus on growth, we will be providing ongoing updates as the tariff story becomes clearer, with a global downward revision a working assumption unless the US reverses course. ChinaIn February 2025, China’s LV market showed steady growth. Despite the impact of t...

Market & Tech Reports  Updated at: 2025/04/30

detailed financial figures for the company alone have not been made public. In November 2021, the parent company, Joyson Electronic, announced a restructuring of its safety business to increase its market share in China, including the establishment of a holding company for the business and a major revision of its investment relationship. For the active/passive safety business, a further reorganization within the group may be implemented, includi...

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

Commercial Vehicle Level 4 Automated Driving - Current Status and Prospects Presentations from ReVision Commercial Vehicle & Logistics Summit 2025 Summary Contribution as a Commercial Vehicle Manufacturer to the Transformation of the Logistics Industry (Isuzu) Two advanced technologies in the commercial vehicle and logistics industries (Macnica) The Challenge of Maintaining and Securing Public Transportation in Future (Kawasaki City) Challenges T...

Market & Tech Reports  Updated at: 2025/04/18

including in the areas of EV tax credits, emissions standards, and autonomous vehicle regulation. Should tariffs materialize on Canada and Mexico, there is a downside risk to US sales of 500k to 1 million units per year.-From the previous update of this report, GlobalData has made further downward revisions to the European LV forecast. The lacklustre performance of Western Europe in 2024 has led GlobalData to take a more cautious view of market ...

Market & Tech Reports  Updated at: 2025/01/31

ing the loosening of monetary policy, in particular. However, it has trimmed the next few years due to the stickiness in vehicle pricing. The UK LV sales are projected to increase after 2025 and reach 2.57 million units in 2027. France  The latest update to the French LV market has seen a downward revision across the forecast. The reduction averages circa 120k units/year. For the 2024 full year, French LV market is expected to shrink by 2.6% y/y...

Market & Tech Reports  Updated at: 2024/12/25

10.3% 8.6% Group 6,091 16,028 20,458 19,660 15,334 10,417 Net profit Group 4,031 11,050 14,809 14,531 11,371 7,806 Source: Fact Sheet for each year and periodNote 1: Group figures are after reconciliation.      Note 2: RoS: Return on Sales (EBIT/sales); RoE: Return on Equity.   Downward revision of full-year 2024 earnings forecast   As of July 2024, the Mercedes-Benz Group's full-year earnings forecast was for sales to be on par with...

Market & Tech Reports  Updated at: 2024/12/06