exican authorities to build factory in Mexico, but concerns remain over delays in start of operations Renault-Nissan Group: Production up 58%, supported by increased sales in the U.S.; domestic (Mexico) sales also strong GM: Starts production of EVs; imports from China soar to 65% of domestic sales VW: Production volume increased for the third consecutive year, preparing for EV production Stellantis: Begins production of a large van in Mexico, it...

Market & Tech Reports  Updated at: 2024/06/14

FAW: NEV Sales to Reach 1.45 Million Units in 2025 Selling 500,000 Hongqi brand NEVs and accelerating the launch of EVs through VW and Toyota JVs Summary Hongqi: Launching three major sub-brands and three major platforms; promoting electrification of all models Bestune: New product logo announced, sales target of 200,000 units in 2023 FAW Jiefang: Investing CNY 30 billion to shift to NEV models and enhance connected commercial vehicles Foreign-ca...

Market & Tech Reports  Updated at: 2023/09/13

VW Group (Part 2): Solid Performance Despite Sales Volume Decline Launching ICE models including pickup truck developed with Ford and China-only SUV Summary New model launch plan: VW brand releases Amarok pickup truck and China-only SUV Tavendor Deliveries for the period Jan.-Sep. 2022 decline by 12.9% y/y to 6.06 million units Regional activities: Russia-Ukraine conflict affects Europe, China’s management structure renewed, EVs launched in U.S...

Market & Tech Reports  Updated at: 2022/11/10

ill be 482k units   According to MarkLines’ data, China FAW Group Corporation (hereinafter referred to as FAW Group) sold 3.51 million vehicles in 2021, of which 300,000 were the Hongqi brand, 70,000 the Bestune brand, and 450,000 the Jiefang brand. Among foreign joint venture brands, FAW-Volkswagen Automotive Co., Ltd. (FAW-VW) and FAW Toyota Motor Co., Ltd. (FAW-Toyota) had sales volumes of 1,800,000 and 840,000 units, respectively. ...

Market & Tech Reports  Updated at: 2022/03/28

VW Group (Part 2): Increasing sales of SUVs and electrified vehicles 2020 global sales fall 15% to 9.31 million units, operating profit drops by half to EUR 10 billion Summary Deliveries in China and Europe decline 9.1% and 21.6% y/y, respectively Financial results for the period Jan.-Sep. 2020: Sales revenue declines by 16.7% to EUR 155.5 billion, operating profit falls by 83.9% to EUR 2.4 billion New model launch plan: VW brand releases Taos SU...

Market & Tech Reports  Updated at: 2021/02/19

Although the SAIC Motor Group (hereinafter referred to as the SAIC Group) continued to be the leader in sales volume (including commercial vehicles) by group in 2020, its sales volume decreased by 10.3% y/y to 5,534,000 units, reflecting a y/y decrease for the second consecutive year. In 2020, SAIC VW, which has the largest sales volume in the group, decreased by 496,000 units, which affected the total number of vehicles sold for the entire group...

Market & Tech Reports  Updated at: 2021/02/12

33,000 units. Table 7) PHV passenger car sales of the top 10 OEMs, January - December 2020 (Note: Production in China only)Source: China Passenger Car Association (CPCA) Of the top 15 models, only the Audi A6 saw a year-over-year increase in sales, but strong sales of the Magotan GTE and Tayron GTE allowed FAW-VW to demonstrate its well-balanced product capabilities and significantly increase sales in the PHV market, which had been on ...

Market & Tech Reports  Updated at: 2021/01/29

chassis sales. *The minivan category includes all passenger cars except sedans and hatchbacks, and SUVs and MPVs.   Top-10-selling models and sales volume by type for H1 2020 Sedan/Hatchback Model Chinese Group Maker Jan.-Jun. 2019(1,000 units) Jan.-Jun. 2020(1,000 units) 1 Lavida SAIC SAIC VW 246.9 170.6 2 Corolla / New Corolla FAW FAW Toyota 177.8 153.2 3 Bora FAW FAW VW 61.3 131.7 4 Sagitar FAW FAW VW 114.8 117.9 5 Bluebird Syl...

Market & Tech Reports  Updated at: 2020/08/07

Major Chinese OEMs： Production and Sales Recovery in May-June 2020 VW increases JV investment, Toyota in 5-way fuel cell JV, BAIC and BYD focus on semiconductors Summary Major Chinese OEM activities in May and mid-June 2020 Production and sales (factory shipments) of major Chinese OEMs, April through May, 2020   In the period January through May, 2020, motor vehicle production in China fell by 24.1% compared to the same period in the previous ...

Market & Tech Reports  Updated at: 2020/07/13

r vehicles are being encouraged to aggressively promote optimization of those measures.  The vehicle sales of SAIC Motor Corporation Limited (SAIC Group), BYD, and Great Wall Motor (GWM) fell by more than 50% in January and February 2020. For the SAIC Group, the impact of the drop in sales of SAIC-VW, SAIC SAIC-GM and SAIC-GM-Wuling (SGMW), affiliates which had contributed to boosting sales, was great. News of the initiation of a fuel cell proje...

Market & Tech Reports  Updated at: 2020/04/13

VW Group (Part 2): Investing EUR 60 billion in hybrid, electric and digital in 2020-2024 Alliance with Ford to be extended from LCVs to autonomous driving and electrification Summary Medium-term business plan "Together 2025+": confirming financial targets Electrification initiative: launching 75 EV models and delivering 26 million EVs through 2029 Building EVs at 18 plants in Europe, the U.S. and China Autonomous driving technology: ending partne...

Market & Tech Reports  Updated at: 2019/12/17

VW Group (Part 1): Expanding SUV lineup, accelerating NEV offensive in China January-September 2019 global sales drop 1.5%, operating profit rises 24.5% with growing SUV sales Summary Passenger car deliveries for the period Jan.-Sep. 2019 fall by 1.7% to 7.83 million units Financial results for the period Jan.-Sep. 2019: sales revenue increases by 6.9% to EUR 186.6 billion; operating profit grows by 24.5% to EUR 13.5 billion New model launch pla...

Market & Tech Reports  Updated at: 2019/12/12

Auto Shanghai 2019：Displays of the German Big 3 Automakers VW on the offensive in SUV and EV market segments, BMW and Daimler exhibit luxury and concept models Summary VW Group: As the top-selling brand in China, VW held the world premiere of several models, and promoted the independence of the JETTA brand BMW：Premier of the 3 Series manufactured in China, and the release of the X7 SUV Daimler：World premiere of the Mercedes-Benz Concept GLB...

Market & Tech Reports  Updated at: 2019/05/13

lt, Suzuki has completely withdrawn from its four-wheeler joint ventures in China.   The market share of German passenger cars has risen every year, exceeding 20% in 2018. In 2018, sales volumes increased by 4.7% y/y to 5.083 million units, exceeding the 5 million unit mark for the first time. The VW Group boasts an extensive product lineup in China and sales were solid, up 2.0% y/y. VW introduced a series of new models for the VW brand such as ...

Market & Tech Reports  Updated at: 2019/02/22

VW Group (Part 2): Building EVs at 16 plants worldwide by 2022 Partnerships with Aurora, NVIDIA and Apple on autonomous driving technology Summary Together - Strategy 2025: business plan results and future direction ”Roadmap E” electrification initiative: building EVs at 16 plants worldwide by 2022 Collaboration with Aurora, NVIDIA and Apple in autonomous driving technology Alliance with Microsoft on the cloud as the base of connected cars Ex...

Market & Tech Reports  Updated at: 2018/11/16