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Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows
ompacts (down 2.0 points), an increase in SUVs (up 0.6 points for A/B/C classes combined), and an increase in pickup trucks (0.8 points increase). Looking at the main models in each segment, the top models in the subcompact category are the GM Chevrolet Aveo (imported from China), the Volkswagen Virtus (imported from India), and the Nissan March, while the top models in the compact category are the Nissan Versa, the Kia K3, and the Mazda Mazda...
Market & Tech Reports Updated at: 2025/04/30
Indian passenger car market: growth trends and outlook
signs that it may not be as strong as in previous years. While there are challenges in the domestic market, export projections for India in 2024 have been increased by 7% (+49k units) compared to the previous report. This upward adjustment is primarily due to higher estimates for the Volkswagen Virtus and Suzuki Fronx. For similar reasons, the export outlook for 2025 has been raised by 5% (+40k units). However, these increases have been parti...
Market & Tech Reports Updated at: 2024/12/23
Mexico: Chinese vehicles account for 30% of imports and 20% of sales
ous year to third place in market share. Imported models, mostly compact or smaller, account for 66.2% of sales, and the company offers a wide range of models, including SEAT brand vehicles from its Spanish subsidiary (SEAT S.A.). The top seller is the Mexican-made Taos, followed by the compact car Virtus, which its Indian subsidiary began exporting in 2022, and the Saveiro, a small pickup made in Brazil. The compact SUV "Taigun" is also an India...
Market & Tech Reports Updated at: 2024/06/14
Bharat Mobility Global Expo 2024 (1) EVs and Passenger Vehicles in India
from its five brands at the Bharat Mobility Global Expo 2024. SAVWIPL highlighted its commitment to providing mobility solutions, with a strong customer-centric focus as the company gears up for the next phase of technological advancements in ICE and BEV mobility. The company showcased the VW Virtus GT, Škoda Enyaq SUV, and a lineup of luxury battery electric vehicles (BEVs) including the Audi RS E-Tron GT, Porsche Taycan 4S, and the Lambo...
Market & Tech Reports Updated at: 2024/03/08
Indian OEMs Investment and Future Plans (2)
, Maharashtra, SAVWIPL operates two production facilities in Pune and Aurangabad. Skoda Auto is responsible for leading Volkswagen Group's planned model campaign in India. SAVWIPL is targeting 100,000-unit sales by 2025. New model launches In 2022, SAVWIPL started production of its Volkswagen Virtus sedan and Skoda Slavia at the Chakan facility in Pune, India. It is developed on the MQB A0 IN platform with up to 95% localization levels. The...
Market & Tech Reports Updated at: 2023/12/28
Indian passenger car sales rank third globally in 2022
nt again witnessed a decline in sales as changes in consumer preferences, rising income levels, the cost of cars due to new safety norms, etc. impacted sales. In fact, in the last few years, no new model was introduced in this segment. The compact segment was also declining but new models including Virtus and Slavia, and facelifted and new versions of existing cars helped to retain the share of this segment. Compact SUV and MPV shares continue...
Market & Tech Reports Updated at: 2023/09/19
Start of USMCA and Mexican automobile industry trends
nd continue with its plans to shift production models to SUVs. Conversely, VW’s Mexico domestic sales are comprised primarily (70% of total sales volumes in 2019) of small passenger cars such as the Jetta compact and the Vento sub-compact sedan from India. In August 2019, the VW Brazilian-made Virtus compact sedan was added to its passenger car lineup in Mexico. In response to the COVID-19 pandemic in 2020, the restart of the Puebla plant...
Market & Tech Reports Updated at: 2020/07/17
VW Group (Part 2): Building EVs at 16 plants worldwide by 2022
s and has a top speed of 305 km/h. New Huracan Performante Spyder An open-top super sports car. It is equipped with a 5.2-liter V10 engine. It accelerates to 100 km/h in 3.1 seconds and has a top speed of 325 km/h. VW Group new model launch plan in volume car segment (2018-2020) VW brand Virtus(South America) Launched in Brazil in February 2018, this new midsize sedan was developed for the Latin American market. The sedan is equipped w...
Market & Tech Reports Updated at: 2018/11/16
Brazil's automotive market shows signs of recovery as economy bottoms out
d to Europe in the future. The first products are 1.0-liter three-cylinder/1.3-liter four-cylinder flex-fuel engines that will be installed in the 2017 Fiat Uno. VW invests BRL 2.6 billion in new production line, exports engines to Mexico Investment of BRL 2.6 billion to produce new Polo and Virtus In August 2017, VW announced plans to invest BRL 2.6 billion in their Anchieta plant in Sao Bernardo do Campo, Sao Paulo to modernize its manuf...
Market & Tech Reports Updated at: 2017/09/08