tinued rollout of Chinese models—especially as more locally assembled vehicles reach consumers.At the time of writing, the duration and broader implications of the conflict in the Middle East remain uncertain. In general, South America is not expected to be among the most impacted regions. Higher commodity prices could, in principle, support Brazil’s economy—echoing the early-2010s commodity upswing that helped underpin Brazil’s peak auto...

Market & Tech Reports  Updated at: 2026/04/30

the Peugeot 208 as well as VW Group EV models. The sales of Brembo cast iron rotors are increasing not only in the high-end market but also in high-volume segments, and their adoption in major models such as the Peugeot 508, Mercedes-Benz C-class, and Alfa Romeo Giulia, is expanding, making them a commodity. Brembo brand pads, which were not widely used in the past, are now being used in high volume segments such as the Mercedes-Benz C-Class and...

Market & Tech Reports  Updated at: 2026/03/24

er since 2014. For 2025 as a whole, sales totaled 2.55 mn units, up by 2.6% YoY, the highest annual volume since 2019. The market continues to be supported by an increasing presence for Chinese brands, while electrification is also on the rise. With that said, volumes are well below levels from the commodity boom heyday between 2009 and 2014, when simple, mass market models ruled the roost. In Argentina, sales totaled 22.4k units in December, up ...

Market & Tech Reports  Updated at: 2026/01/21

the company name increases the value of the vehicle. This is the biggest difference from other brake manufacturers. (However, electric parking brakes (EPB) can only be installed with floating types, so Brembo employs floating type calipers for EPBs.) In recent years, cast brake discs have become a commodity and are being applied in hot versions of compact cars, in addition to high-end sports models. On the other hand, for high-end models, the co...

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

He explained that increasing the role of software will add significant value to the development of vehicles and setting vehicles apart, as developing and refining software takes more time and effort. He also mentioned that hardware will still be important but is more likely to be treated as a basic commodity.   Looking ahead, he noted that the sourcing of hardware and software will increasingly be segregated. This shift, he explained, will impro...

Market & Tech Reports  Updated at: 2025/02/26

of around 130k units compared to the previous report, as sales have continued to show remarkable strength. With the exception of 2019 (2.67 mn units), this marks the highest annual volume since 2014, although the market is still some distance away from its peaks in the early 2010s, when the global commodity boom and government incentives boosted the market. While it is not inconceivable that Lula da Silva’s government could intervene in the ma...

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

demand and high interest rates, while exports increased by 2.8% y/y.   According to the Korea Automobile & Mobility Association (KAMA)’s outlook, 2024 vehicle sales volume in Korea is expected to decrease by 1.7% y/y with the deteriorating consumer sentiment due to high interest rates and rising commodity prices. Production in Korea is anticipated to increase by 0.7% y/y with strong overseas demand offsetting stagnating domestic market. Export...

Market & Tech Reports  Updated at: 2024/07/25

the company name increases the value of the vehicle. This is the biggest difference from other brake manufacturers. (However, electric parking brakes (EPB) can only be installed with floating types, so Brembo employs floating type calipers for EPBs.) In recent years, cast brake discs have become a commodity and are being applied in hot versions of compact cars, in addition to high-end sports models. On the other hand, for high-end models, the co...

Market & Tech Reports  Updated at: 2024/03/14

mistic about Brazilian LV sales in 2024 and beyond, at least when compared to the downbeat picture in recent years. Still, there is a long way to go before sales return to the peak of 3.63 mn units seen in 2013, which was achieved during a period in which government incentive schemes and the global commodity boom coincided. ItalyThe Italian LV forecast for 2023 is brighter (+70k) than the outlook three months ago thanks to stronger actuals than f...

Market & Tech Reports  Updated at: 2024/01/30

ad Map for Electrification with Driving Pleasure Mr. Kota Matsue, General Manager, Powertrain Division, Mazda Motor Corporation (Mazda) BEVs are being introduced to market by various companies, but the HMI (intelligentization) that appeals to driving performance and advanced features is becoming a commodity where all cars look similar, and Mazda is working toward electrification that is unique to Mazda and does not become a commodity. Mazda has ...

Market & Tech Reports  Updated at: 2023/10/04

idy ・EV passenger car (under THB 2 million, up to 10 passengers): THB 70,000 or THB 150,000 (depending on battery capacity of 10-30kWh) ・Electric pickup truck (under THB 2 million, Thai assembly): THB 150,000 (battery capacity over 30kWh) ・Electric motorcycle (under THB 150,000): THB 18,000 Commodity tax rate reduction (from June 9, 2022) ・EV passenger cars: 8% → 2% ・EV pickup trucks: 0% (to 2025) 2% (2026 to 2035)Import duty rate r...

Market & Tech Reports  Updated at: 2023/08/16

rong market momentum. The long‐term forecast is unchanged. We assume the CAGR of sales at 2% between 2022 and 2029, with LV sales estimated to reach nearly 5.13 mn units by 2029. That being said, the sales outlook is not without risks. Among them are the fluid global supply situation, high global commodity prices, and a plunging rupee and high inflationary pressures. The extreme weather (droughts and floods) in India could cause serious power s...

Market & Tech Reports  Updated at: 2022/10/28

per and iron raw prices going ballistic as well, discussions on the start of a new super cycle for the mills and mining space have begun. So his first question to the panellists was if the current pipeline of projects is sufficient to meet OEM projections.   Mr. Heppel answered that it varies from commodity to commodity. At the moment CRU (Consultancy Company) is particularly concerned about the availability of cobalt towards the middle of the d...

Market & Tech Reports  Updated at: 2021/08/31

um clay deposit in the U.S. state of Nevada. Musk said, “We are inventing the smartest way to mine and extract lithium in an environmentally friendly manner.” Nickel In March 2021, Tesla decided to partner with Prony Resources, a consortium established by Trafigura Group Pte. Ltd., a European commodity trader, and New Caledonia’s provincial authorities to procure nickel on a long-term basis. The consortium will acquire the mineral rights ...

Market & Tech Reports  Updated at: 2021/05/10

24. Note 2: Synergies are expected to generate positive net cash flow from 2021.Note 3: The one-time cost to implement the integration is EUR 4 billion.   Activities to be carried out to achieve the synergy plan Benefits to be gained from 2021 ・Optimal price adjustment of suppliers・Leverage commodity volume・Bundling of global media purchases・Logistics integration・Sales policy coordination Effects obtained through the product updat...

Market & Tech Reports  Updated at: 2021/03/19

r car segment in India.  Maruti Suzuki’s net sales for FY 2018-19 grew 6.3% y/y to INR 830,265 million, and net income for the period stood at INR 75,006 million, a 2.9% drop from the previous year. Its profit was squeezed due to the unfavorable exchange rates of the Indian rupee, an increase in commodity prices, a higher depreciation expense caused by opening the plant No.2 in Gujarat, and higher sales promotion expenses. Maruti Suzuki plans ...

Market & Tech Reports  Updated at: 2019/09/19

hree companies lowered their full-year guidance in 2018 as follows: GM revised its earnings per share (EPS) downward between 4.7% and 9.1% from USD 6.3 - 6.6 to USD 6.0. Ford revised its EPS downward between 10.3% and 11.8% from USD 1.45 – 1.70 to USD 1.30 – 1.50. In addition, Ford expects its commodity costs to increase by USD 300 million in 2018 compared to 2017, with half of the increased costs attributable to the tariffs. FCA revised its...

Market & Tech Reports  Updated at: 2018/09/21

the demand for electric vehicles would grow faster than previously anticipated as a result of strengthening global environmental regulations. Large investment amounts are required to compete with battery cell manufacturers with high market share. In addition, battery cells are expected to become a commodity product more quickly in the medium- to long-term when battery technologies are standardized. In consideration of the increased investment ri...

Market & Tech Reports  Updated at: 2018/07/23

also working with Domino’s Pizza and Postmates to conduct trials of goods delivery services using autonomous vehicles.  Ford’s revenue in 2017 increased by 3.3% year-over-year (y/y) to USD 156.8 billion while its adjusted pre-tax profit decreased by 18.7% y/y to USD 8,437 million due to higher commodity costs and unfavorable exchange rates. Its net income increased to USD 7,602 million, up by 65.4% y/y, owing to revision of pension costs and...

Market & Tech Reports  Updated at: 2018/07/04

se of 5.2% from a year ago; the selling rate was 17.9 mn units/year. Incentives in December were 10.9% higher than a year ago. The Canadian market added 88k units in 2017 to sell more than 2 mn units for the first time in history. Thanks to positive labour force dynamics, long loans, and recovering commodity prices, sales were up by 4.5%, to 2.04 mn units. Last month, 125k units were sold, down 0.8% from December 2016. In Mexico, December Light V...

Market & Tech Reports  Updated at: 2018/01/17