in 2028 Mexico light vehicle production and export volumes(Source: MarkLines, based on INEGI data)   Mexico's vehicle (light vehicle) production for the full year 2024 increased by 5.6% year-over-year (y/y) to 3.99 million units, supported by increased exports to North America and strong domestic demand in Mexico. Both production and exports reached record highs, and the export/production ratio remained close to 90%. However, the situa...

Market & Tech Reports  Updated at: 2025/07/11

2017.   TRAMI (Transmission Research Association for Mobility Innovation) activities Examples of TRAMI research topics   TRAMI (Transmission Research Association for Mobility Innovation), which is exhibiting for the first time, was established in 2018 with the aim of developing Japanese domestic automotive technology by conducting basic research on transmission efficiency, sound and vibration, weight reduction technology, and electrif...

Market & Tech Reports  Updated at: 2025/07/11

une retail sales volumes of passenger cars totaled 2.084 million units, reflecting a year-over-year (y/y) increase of 18.1%. Year-to-date (YTD) retail sales volume totaled 10.901 million units, up 10.8% y/y. Luxury car retail sales volumes totaled 230,000 units, down 7% y/y. Retail sales volumes of domestic brands totaled 1.34 million units, up 30% y/y. Domestic brands had a market share of 64.2% of the total, up 5.6 percentage points y/y Retail ...

Market & Tech Reports  Updated at: 2025/07/10

"360-degree full-chain AI strategy" in China in March 2025, promoting the full-scale use of AI at all stages, including research and development, production, operations and user experience. The next-generation models will be the first to be equipped with an AI system developed in-house, and Chinese domestic production is planned for 2026. At the Auto Shanghai 2025, BMW unveiled its next-generation concept car, the BMW VDX (Vision Driving Experien...

Market & Tech Reports  Updated at: 2025/06/30

at it had approved some rare earth export applications.   It will be necessary to continue to closely monitor the actions of the Trump administration, the progress of discussions between countries, and the actions of individual manufacturers.       The following graph shows the transition of domestic sales share of electric vehicles in 12 major countries and 3 Nordic countries.   Sales volumes of electric vehicles by country (000 units) ...

Market & Tech Reports  Updated at: 2025/06/25

S   FTS Co., Ltd. (FTS) manufactures fuel tanks and related components, battery cases for PHEVs, and other products. Besides Japan, the company has operations in North America, Taiwan, Thailand, and Indonesia. The company exhibited a model of a liquid hydrogen tank.   Toyota has been competing in domestic and international endurance races with hydrogen-engine Corollas since 2021, but has switched the fuel to liquid hydrogen starting in 2023. Th...

Market & Tech Reports  Updated at: 2025/06/24

le shift of development activities to China, Dr. Heyn from Bosch replied that the company has a team of excellent development engineers who are working all over the world, including Asia, in recent years.   Bosch develops its platforms in such a way that they are suitable for the challenges of the domestic market and can be used worldwide. To this end, the German engineers work closely with their colleagues on site in Asia.   Reason for competi...

Market & Tech Reports  Updated at: 2025/06/20

an)   BASF SE (BASF), headquartered in Germany, is the world's largest integrated chemical manufacturer with over 150 years of history. BASF Japan Ltd. (BASF Japan) has been active in Japan for a long time and was established in 1949. The company has two production sites in Japan, and the Japanese domestic group also consists of two subsidiaries and three joint ventures with Japanese companies. Exhibit: All solid-state battery demonstrator ...

Market & Tech Reports  Updated at: 2025/06/19

(when vehicle testing irregularities issues hit vehicle production, especially at Daihatsu). The base-year effect momentum is now slowing as vehicle production mostly returned to normal. Meanwhile, OEMs are now clearing backlogged orders by increasing vehicle supply, which will continue supporting domestic vehicle market. Korean LV sales moderated to 1% YoY in May 2025, a shift in momentum from April where sales expanded 7% YoY. The May growth d...

Market & Tech Reports  Updated at: 2025/06/19

ehicles (EVs). In a statement released the same day, EPA Administrator Lee Zeldin asserted that "The U.S. auto industry has been bound by the previous administration's regulations." The EPA explained that the elimination of regulations would reduce the burden on U.S. consumers and be a boon for the domestic auto and manufacturing industries. Emissions regulations: Fleet average for passenger cars (PC), light-duty trucks (LDT), and medium-duty ...

Market & Tech Reports  Updated at: 2025/06/19

s tax reduction for HVs Electrified vehicle sales in Indonesia: 2024 BEV sales increase 2.5 times to 43,000 units VinFast, BYD and GAC Aion to build EV plants Increasing production of EV batteries 2025 sales in Indonesia expected to grow 4% y/y to 900,000 units (GAIKINDO’s forecast in April 2025) Domestic market: Toyota launches Prius and Camry HVs; Mazda introduces CX-80 PHV Production Forecast by GlobalData: Indonesian production expected to ...

Market & Tech Reports  Updated at: 2025/06/13

May retail sales volumes of passenger cars totaled 1.932 million units, reflecting a year-over-year (y/y) increase of 13.3%. Year-to-date (YTD) retail sales volume totaled 8.811 million units, up 9.1% y/y. Luxury car retail sales volumes totaled 200,000 units, down 18% y/y. Retail sales volumes of domestic brands totaled 1.26 million units, up 29% y/y. Domestic brands had a market share of 65.2% of the total, up 8 percentage points y/y. Retail s...

Market & Tech Reports  Updated at: 2025/06/10

tions of its luxury flagship SUV 9X and four-seater luxury flagship 009 Grand. Lynk&Co exhibited its flagship model, the six-seater 900. Lotus unveiled the Theory 1, an EV sports car concept model.   The Chery Group exhibited 53 NEV (New Energy Vehicle: BEV, PHEV, FCEV) models under its five China domestic and global brands Chery, Exeed, Jetour, iCAR, and Luxeed. Chery exhibited the fully remodeled QQ and the Tiggo 9L production concept car, whi...

Market & Tech Reports  Updated at: 2025/05/30

On the other hand, Daihatsu and Suzuki, whose main production models are mini-vehicles and small cars in the B segment and below, have many models with drum brakes.   In between are Toyota, Nissan, Honda, and Mitsubishi. Many of Mitsubishi's mini-cars and small commercial vehicles for the Japanese domestic market are equipped with drum brakes. For Toyota, Nissan, and Honda, many models are equipped with all-wheels disc brakes, but many models wi...

Market & Tech Reports  Updated at: 2025/05/29

ted cockpit domain controllers based on its SoC platform, including the AL-A1 cockpit/driving fusion product (based on Qualcomm SA8775P), the AL-C2 cockpit/parking integrated high-end cockpit product (based on Qualcomm SA8255P), the AL-C1 smart cockpit product (based on Qualcomm SA8155P), the AL-N1 domestic semiconductor smart cockpit product (based on SemiDrive X9HP), and several other cockpit domain controllers.   The Qualcomm Snapdragon Ride ...

Market & Tech Reports  Updated at: 2025/05/28

ides, and negotiations were to begin on May 14 for 90 days.   The future outlook for tariffs remains unclear, but it will be necessary to continue to keep an eye on how manufacturers respond and on changes in each country's automobile market.       The following graph shows the transition of domestic sales share of electric vehicles in 12 major countries and 3 Nordic countries.   Sales volumes of electric vehicles by country (000 units) ...

Market & Tech Reports  Updated at: 2025/05/26

ed YoY declines of 24.6% and 13.6%, respectively. Total vehicle production during January–March 2025 stood at 352,499 units, down 14.9% YoY. Production of 5–10-ton pickups remained below the monthly target of at least 1,000 units throughout the quarter, with only 904 units produced in March.   Domestic vehicle sales in Q1/2025 totaled 153,193 units, down 6.5% YoY. Sales in March dropped 0.5% YoY, following declines of 12.3% in January and 6....

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

asonallyadjusted basis. YTD sales have now increased 12.2% YoY, totaling 7 mn units in four months. The PVsales performance has been supported by government subsidies — this year, the governmentextended its vehicle trade-in scrappage incentive scheme to the end of 2025 boosting the automarket’s domestic demand, mostly for new energy vehicles (NEVs), while also helping reducingpurchase restrictions. The US-Chinese trade negotiations reached a ...

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

ent target dates set by each government. Global sales in 2024 were 3,248,000 units, following a record high in 2018 (3,327,000 units). The company recorded record high sales in India of 1,791,000 units, accounting for more than half of Suzuki's total global sales and more than a third of the total domestic market in India. This report focuses on an overview of the sales and production in India, Suzuki's largest market, as well as future trends ...

Market & Tech Reports  Updated at: 2025/05/15

pril retail sales volumes of passenger cars totaled 1.755 million units, reflecting a year-over-year (y/y) increase of 14.5%. Year-to-date (YTD) retail sales volume totaled 6.872 million units, up 7.9% y/y. Luxury car retail sales volumes totaled 170,000 units, down 18% y/y. Retail sales volumes of domestic brands totaled 1.15 million units, up 31% y/y. Domestic brands had a market share of 65.5% of the total, up 8 percentage points y/y Retail sa...

Market & Tech Reports  Updated at: 2025/05/14