FTI urged the Thai government to engage in negotiations with the U.S., as ongoing trade tensions and economic headwinds continue to strain the industry.   Looking ahead, the FTI is counting on stimulus measures to support recovery, including the government’s new loan guarantee scheme for pickup trucks and new vehicle bookings generated by the 46th Bangkok International Motor Show. Nevertheless, the industry remains vulnerable to global trade ...

Market & Tech Reports  Updated at: 2025/05/21

e supply has normalized inApril. Additionally, OEMs are solving back orders by increasing vehicle supply. Korean LV sales maintained growth momentum on a SAAR basis, with PVs driving topline sales.April's raw data showed LV sales expanding 7% YoY, improving on March (2% YoY), supported bynew pickup truck launches. Both local model sales (7% YoY) and import sales (4% YoY) postedpositive sales growth for the third consecutive month. South America ...

Market & Tech Reports  Updated at: 2025/05/21

ontrol of the vehicle body, creating a driving experience in which the driver and car become one.   Hyptec's new shooting brake concept car, EARTH Rear of EARTH   Hyptec HL, a family-oriented luxury SUV Interior of Hyptec HL   Lingcheng: Premiere of GAC PICKUP 01, a pickup truck concept model   The GAC Group’s commercial vehicle business announced on April 23 that the company name of GAC Hino Motors Co., Ltd. has been...

Market & Tech Reports  Updated at: 2025/05/20

HV sales grow 1.5-fold Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to increase 2% year-over-year to 1.5 million units (FTI forecast) Thailand's domestic market: 1-ton pickup truck sales down 38% GlobalData Production Forecast: Thai production expected to be 1.82 million units in 2028 BYD’s mid-size SUV, Sealion 6 D...

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

Bangkok International Motor Show 2025 (2) Japanese & European OEMs Mitsubishi, Mazda, Honda, Nissan, Suzuki, Isuzu, and others Summary Mitsubishi: Xforce HEV Mazda: Iconic SP compact electric sports car Honda: e:N1 and City Hatchback DRIVAL Nissan: Serena e-POWER Suzuki: Swift and Carry Isuzu: Dragon Max pickup truck Toyota: Hilux Champ, Lexus RX 450h+ PHEV Ford: Everest Sport Special Edition Hyundai: N Line Series Volvo: XC90 PHEV and EX90 BEV ...

Market & Tech Reports  Updated at: 2025/05/08

Auto Shanghai 2025: Japanese OEMs Electrified vehicles from Toyota, Honda, Nissan, and Mazda Summary Toyota: World premiere of the Lexus ES and bZ7 with Huawei technology Honda: World premiere of the flagship model of the Ye series, equipped with DeepSeek Nissan: Unveils PHEV pickup truck for the first time and announces investment of approximately JPY 200 billion in the Chinese market Mazda: Unveils second NEV model, EZ-60, to be released in 202...

Market & Tech Reports  Updated at: 2025/05/07

ted (excluding imports from Canada), with GM, Hyundai, and Toyota being the top three importers. Approximately 39% of new vehicles sold in the U.S. are imported, and even vehicles produced in U.S. assembly plants use many imported parts. The majority of high-selling models are American brand pickup trucks and foreign brand SUVs, most of which are produced in assembly plants in North America.   This report summarizes the additional automobile-rel...

Market & Tech Reports  Updated at: 2025/05/02

nd in Mexico with vehicles imported cars from China, South America, India, and other countries, and imports account for 66% of total sales. In particular, Chinese-made cars continue to increase, exceeding 30% of imported cars and 20% of total sales in 2024.   By segment, demand for SUVs and pickup trucks is gradually expanding, and companies are continuing to strengthen their offerings to meet this demand.   In terms of market share by manufact...

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

Bangkok International Motor Show 2025 (1) Chinese OEMs BYD, Geely, Chery, Changan, MG, GAC, and others Summary BYD: Shark 6 DMO PHEV pickup truck, Denza D9 flagship electric MPV Geely: Star Wish compact EV, Zeekr SUV and MPV, RIDDARA electric pickup truck Chery: Market entry of Chery brand, Omoda & Jaecoo model lineup Changan: Deepal S05 BEV and REEV variants MG (SAIC): New S5 EV and IM6 premium intelligent e-SUV GAC: Aion UT EV and M8 PHEV GWM: ...

Market & Tech Reports  Updated at: 2025/04/25

project On March 20, 2025, the FAW Group announced the commencement of construction of the FAW Jiefang Qingdao Micro Commercial Vehicle Plant in Qingdao, Shandong Province. Two types of vehicles, gasoline-powered and NEV, will be produced, with a planned annual production capacity of 100,000 micro-trucks. Trial production is scheduled to begin at the end of October, 2025. Bestune NEV technology FAW Bestune announced several advanced New Energy...

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

Car IT Symposium 2025: Role of AI to achieving SDV Presentations from Daimler Truck, VW/VAIVA, Qualcomm, and Tata Technologies Summary Future of trucking - software defined truck (Daimler Truck) How Artificial Intelligence Changes Automotive Value Creation (VAIVA) Revolutionizing Automotive Innovation: The Role of AI in Software-Defined Vehicles (Qualcomm) The 'H' in SDV stands for Heterogenous (Tata Technologies)   The Car IT Symposium 2025, or...

Market & Tech Reports  Updated at: 2025/04/22

turer 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 Towards the Societal Implementation of Autonomous Trucks (RoAD to the L4) Creating a Business Framework for the Practical Use and Commercialization of Autonomous Trucks (T2)   Level 4 autonomous driv...

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

rporation (Suzuki) and its OEM vehicles have changed their major 4AT models to CVTs, resulting in a significant drop in the proportion of 4-speed transmissions. Currently, 4AT is only available in a few remaining models, including Suzuki and Mitsubishi Motors Corporation (Mitsubishi) mini vehicles (trucks and cross-country vehicles) that are used on rough terrain, the lowest grade of Mitsubishi mini vans, and outdated Nissan Motor Co., Ltd. (Niss...

Market & Tech Reports  Updated at: 2025/04/15

Smart Energy Week Spring 2025 (2) BEVs, Batteries, and Chargers Mitsubishi commercial EVs, Sharp/Foxconn BEV concept, CATL battery packs for Kei-class BEVs, etc. Summary BEV (Mitsubishi Motors, Mitsubishi Fuso Truck and Bus, CONNEXX SYSTEMS, Taiho Industrial, Sharp) Battery packs and cells (CATL, BYD, OPmobility, Sanoh Industrial, CONNEXX SYSTEMS) Non-lithium battery types, capacitors (Nippon Electric Glass, LBHunet, Ioxus Japan, Niterra, JTEKT) ...

Market & Tech Reports  Updated at: 2025/04/08

Investor Day) The company plans to develop a lineup of 21 EV models, and to expand EV sales from the current 300,000 units to 3 million units by 2030, with a sales proportion of 36%, up from 5.3% in 2024.   Hyundai's new EV launch plan Model Vehicle type Release date Overview ST1 Electric truck April 2024 Commercial electric vehicle. The commercial platform is based on a chassis cab, allowing consumers to choose the cargo bed configurat...

Market & Tech Reports  Updated at: 2025/04/07

olume by model 2019 2020 2021 2022 2023 2024 Passenger cars Axela (Mazda 3) 50,741 33,608 37,653 27,767 30,531 38,889 MX-5 (Miata) 7,753 8,807 10,547 6,172 8,973 8,114 Atenza (Mazda 6) 21,524 16,204 16,214 335 - - Passenger car total 80,018 58,619 64,414 34,274 39,504 47,003 Light-dutytrucks CX-3 16,229 8,335 5,100 - - - CX-30 899 38,064 60,185 52,808 77,075 96,506 CX-5 154,545 146,420 168,448 151,594 153,808 134,099 MX-30 - -...

Market & Tech Reports  Updated at: 2025/04/01

vo and Eicher lineups SML Isuzu Limited: Hiroi.ev electric bus JBM Electric Vehicles: Galaxy electric luxury coach Montra Electric: EVIATOR electric small commercial vehicle, Super Cargo electric three-wheeler Olectra Greentech Limited: BYD's Blade Battery and electric buses Eka Mobility: Electric truck and bus lineups Omega Seiki Pvt. Ltd (OSPL): M1KA electric trucks, Stream City electric three-wheeler   The Bharat Mobility Global Expo 2025 sh...

Market & Tech Reports  Updated at: 2025/03/27

t of the tire company at the end of 2025 and then will go public under a new name. Just a year later, the company then wants to deliver the “electronic backbone of the SDV”: a centralized computer. Continental showcased a range of exhibits in the field of cockpit and user experience, and a huge truck was parked in front of the exhibition hall that is intended to drive large trailers on US highways in a cooperation with Aurora and Nvidia from ...

Market & Tech Reports  Updated at: 2025/03/21

rpose applications (stationary generators, railways, ships, etc.) will have the same external dimensions as the 2nd-generation FC system that is being sold externally as of February 2025, but will be capable of twice the output.   The third-generation FC system for heavy-duty commercial vehicles (trucks, buses) is a high-power (200-300kW) FC system that offers durability and high output comparable to diesel engines. Its compact size allows it t...

Market & Tech Reports  Updated at: 2025/03/21

o include power steering and ADAS. In 2017, Continental and Nexteer Automotive created the joint venture development company CNXMotion LLC. In October 2017, Bosch developed an electro-hydraulic steering system for heavy-duty commercial vehicles. In March 2022, Knorr-Bremse and Leoni joined the MAN Truck & Bus autonomous truck driving project.In September 2018, Knorr-Bremse and Continental partnered on highly automated driving for commercial vehi...

Market & Tech Reports  Updated at: 2025/03/21