Dongfeng Motor: Targeting sales of 1M each of CVs, own-brand cars, and NEVs by 2025 Divesting from stagnant JVs, accelerating CASE, and transforming into a high-tech company Summary Overview of DFMC: Sales volume in 2021 was 3.2 million units, with foreign joint venture brands accounting for about 70% Mid-term plan(2021-2025): Focus on CASE, vehicle business, high-tech sector, and ecosystem services Commercial vehicles: China's top seller of comm...

Market & Tech Reports  Updated at: 2022/09/01

Dongfeng Motor: CASE alliance with FAW and Changan, and aggressive expansion into Africa Dongfeng Honda sales steady, French and Korean JVs sluggish Summary Own-brand CASE strategy: Collaboration with FAW and Changan, announcing 5G-integrated self-driving commercial vehicles Overseas expansion: Aggressive advancement into Africa Sales overview: Foreign equity joint ventures are sluggish, and 2019 group sales are below the target of 4 million unit...

Market & Tech Reports  Updated at: 2020/01/17

Honda: Partnering with IT companies in Japan, the U.S., and China on advanced technologies Honda China’s sales volumes grows 2.3 times over past 5 years Summary Expanded sales in the China market by 2.3 times over 5 years Increased production capacity in China: 1.25 million units in the first half of 2019, Guangqi Honda considering a 120,000 unit increase in production capacity Promoting "open innovation" with external partners in response to t...

Market & Tech Reports  Updated at: 2018/10/05

The Chinese market in 2017: 3% increase to 28.879 million vehicles, SUVs exceed 10 million vehicles Geely and GAC increase vehicle sales, NEV sales grow by nearly 1.5 times to 777,000 vehicles Summary Vehicle sales in 2017 see y/y growth of 3%, passenger vehicle sales growth stagnates; commercial vehicles see y/y increase of 13.9% Sales volume by group: SAIC's market share steady at 23.9%, GAC Motor and Geely see major unit sales increase Passen...

Market & Tech Reports  Updated at: 2018/03/05

The first half of 2017 in the Chinese market: 13.35 million vehicles sold, growth rate falls Increased sales of SUVs and commercial vehicles Summary Growth rate in the Chinese market slows in the first half of 2017 Sales volume by group: BAIC Group's market share declines, GAC Group and Geely Group's market share increases Market share by model: SUVs at 34%, sedans and hatchbacks at 40% Passenger vehicle market: Chinese/Japanese OEMs see an incre...

Market & Tech Reports  Updated at: 2017/09/04

Honda's 2030 Vision: forming partnerships to explore AI and other new fields Level 4 automated driving technologies to be established by 2025 Summary 2030 Vision: Honda to lead advancement of mobility and enable improvement of daily lives Collaboration for open innovation: Partnership with Waymo for automated driving technologies Strengthening global models and regional models Electrification plan: two-thirds of global unit sales to be electrifie...

Market & Tech Reports  Updated at: 2017/08/01