y Saving Cars” represent LCGC (Low Cost Green Cars).     As for 2024 new vehicle sales by brand based on MarkLines Data Center, Toyota and Daihatsu had a market share of 33.4% and 18.8%, respectively, with the Toyota Group, including Hino (2.8%), accounting for over a half of the market at 55%. Honda, Mitsubishi, and Suzuki followed, with Japanese automakers accounting for 89% of the market. The proportion of sales by Japanese OEMs has been g...

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

vehicles as a percentage of sales volume 45.1% 44.8% 43.0% 41.4% 35.1% 36.5% 39.0% (Source: MarkLines U.S. sales and import volumes (as of April 2025))     New vehicle sales in the U.S. totaled approximately 16.49 million units (in 2024), with market shares of 35.9% for Japanese OEMs (Toyota, Honda, Nissan, Subaru, Mazda, etc.), 33.6% for American OEMs (GM, Ford, Tesla), 18.3% for European OEMs (Stellantis, VW, BMW, Mercedes-Benz, etc.), an...

Market & Tech Reports  Updated at: 2025/05/02

22.6 million investment to build a new plant in Southfield, Michigan, U.S. The new 180,000-square-foot plant will be operated by Autoliv's Michigan subsidiary, which currently operates four plants. Main customers:   In 2024, sales to the top six customer companies/groups (VW, Toyota, Stellantis, Honda, Hyundai, and Ford) accounted for 51% of total sales, and sales to the top 11 customers (GM, Nissan, Mercedes-Benz, BMW, and Renault in addition...

Market & Tech Reports  Updated at: 2025/04/24

FC module At its booth, Honda Motor Co., Ltd. (Honda) displayed the next-generation version of the current fuel cell module, which was jointly developed with General Motors Company (GM) and is used in the CR-V e:FCEV fuel cell vehicle. The next-generation FC module was developed independently by Honda, and an integrated production line is currently being set up at the Fuel Cell System Plant in Moka City, Tochigi Prefecture, with mass productio...

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

s report provides an overview of the U.S. auto market for the full year 2024 and discusses topics that are considered important for the future outlook, with a focus on electrification trends. In addition, GlobalData's North American production forecast is also provided.  Related reports: CES 2025: Honda, BMW, Scout Motors concepts (Feb. 2025) U.S. Market: Transition towards the new Trump Administration (Dec. 2024) Trump Speech in Detroit (Oct. 2...

Market & Tech Reports  Updated at: 2025/02/21

Japan Mobility Show Bizweek / CEATEC 2024: Electrification Technologies Hydrogen utilization, electrified vehicles, motors, batteries, charging related exhibits Summary FCV, Hydrogen utilization: Honda, Toyota BEV, PHEV: Nissan, Mitsubishi, Honda, Yamaha, Isuzu, Toyota Small mobility: Honda, Suzuki, Nishikawa Seiki Energy storage system utilizing electric vehicle batteries: Toyota, Mitsubishi, Nissan Electric powertrain-related technologies: Vale...

Market & Tech Reports  Updated at: 2024/11/14

y's Hyundai Metaplant America and other customers. Acceptance of condenser business transfer: In May 2021, the company accepted the transfer of the Czech Republic and North American (Mexico and part of the U.S.) condenser business of the former Keihin (now Hitachi Astemo), which was affiliated with Honda, and started operations as Hanon Systems Thermal Technology s.r.o. and Powertrain Cooling de Mexico, S.A. de C.V., respectively.   Modine Manu...

Market & Tech Reports  Updated at: 2024/11/07

units) In operation Nissan, Renault, Ford Japan Hitachinaka City, Ibaraki Prefecture Sawa Plant - In operation Japan Minokamo City, Gifu Prefecture Gifu Office - 2022 BlueEnergy Japan Nagatano Town, Fukuchiyama City, Kyoto Prefecture Nagatano Plant No. 1 - (20 million cells) 2011 Honda, Toyota EHW5, 5.0Ah/3.6V equivalent, 10 million cells = 360MWh Japan Nagatano Town, Fukuchiyama City, Kyoto Prefecture Nagatano Plant No. 2 - ...

Market & Tech Reports  Updated at: 2024/10/18

orea: Electric water pump, electric oil pump   GMB Korea Corp. is a company that produces parts for transmissions and engines, and exhibited EWPs (electric water pumps) and EOPs (electric oil pumps) for electric vehicles.   GMB Korea's electric water pumps are used by Hyundai/Kia, Nissan, GM, and Honda, and in addition to the 12V/24V low-voltage general EWPs, GMB Korea can now mass produce high-voltage, high-power EWPs from 240V to 800V.   The...

Market & Tech Reports  Updated at: 2024/10/10

comes after GM executives said during a Q3 2023 earnings call that the company would delay the launch of several BEVs, including the Silverado EV.   Honda will introduce a series of EVs based on the company's proprietary global platform starting in 2026, beginning with North America.   Following Honda, GM announces EV development partnership with Hyundai   While it is reviewing future plans for cooperation with Honda, GM announced that it si...

Market & Tech Reports  Updated at: 2024/10/08

: Foshan, Guangdong Province, China) and at the same time, Clarion was delisted from the Tokyo stock exchange. Including dealer-installed navigation systems, Clarion supplies navigation systems to all the Japanese OEMs except Toyota, and it supplies factory-installed products to Subaru, Mitsubishi, Honda, Daihatsu, Suzuki and VW. Of special note the company jointly developed with Subaru the “Subaru Starlink” IVI (in-vehicle infotainment) for ...

Market & Tech Reports  Updated at: 2024/10/03

s with strengths in electronics and electrical components. Denso is taking the lead in supplying airbag control ECUs to Toyota, because although Toyoda Gosei is part of the Toyota Group it does not manufacture ECUs. Also, Denso has demonstrated its product superiority with its supply of products to Honda, Suzuki, Daihatsu, and Subaru. Denso increased its stake in Fujitsu Ten to become its largest shareholder in 2017, making it one of its group co...

Market & Tech Reports  Updated at: 2024/09/12

Show (IIMS), which was most recently held from February 15th to 25th, 2024 and led by the exhibition organizer, PT. Dyandra Promosindo.   Finished vehicle automakers (OEMs) and brands participating in the event were Audi, BAIC, BMW, BYD, Chery, Citroen, Daihatsu, GAC Aion, Great Wall Motors (GWM), Honda, Hyundai, Jaecoo (Chery), Jetour, Kia, Lexus, Mazda, Mercedes-Benz, MG, Mini, Mitsubishi Motors, Neta, Nissan, Porsche, Seres, Subaru, Suzuki, T...

Market & Tech Reports  Updated at: 2024/08/30

ate sales volumes by any means necessary. Currently, independent new energy brands are at the forefront of this pricing trend, progressively encroaching upon the market shares of joint venture brands that primarily focus on traditional fuel vehicles.  Notably, joint venture automakers, such as GAC Honda, have experienced a significant YoY decline in sales since the beginning of 2024, underscoring the impact of these market dynamics on establishe...

Market & Tech Reports  Updated at: 2024/08/20

ds, the gear ratio is lowered to provide a more gentle response to steering wheel operation.   The LDH (Lexus Dynamic Handling system) adopted for the Lexus GS in 2012 incorporates VGRS (variable gear ratio steering) and is in continuous production. The first company to put it to practical use was Honda, which installed a variable gear ratio steering system on the 2000 model year S2000. By using a motor to control the rack and pinion section, th...

Market & Tech Reports  Updated at: 2024/08/08

, precision parts, industrial equipment and other businesses. The top three customers in terms of delivery of automotive parts are the Subaru Group (18%), the Nissan Group (16%), and the Toyota Group (13%), but the company also has business with most Japanese vehicle manufacturers, including Isuzu, Honda, Suzuki, and Mazda. (Results for the fiscal year ending March 31, 2024) The company is an independent company that supplies seats to Nissan and ...

Market & Tech Reports  Updated at: 2024/08/01

FCEVs and Fuel Cells, Chargers and Charging Technologies From coverage of the JSAE 2024 in Yokohama exhibition Summary FC systems, stacks (Honda, Toyota Boshoku, Tokyo R&D, Intelligent Energy, Schaeffler, Dana) Hydrogen tanks, hydrogen-related parts (Toyoda Gosei, Forvia, JTEKT, Aisan Industry) V2X, external power supply (Honda, Sumitomo Electric Industries, Nichicon, Origin, Bell Energy, TPR) Charger related parts, wireless power transfer (Amphe...

Market & Tech Reports  Updated at: 2024/07/11

Battery Technologies: Battery life extension, safety components, etc. From coverage of the JSAE 2024 in Yokohama exhibition Summary Battery storage system for electric vehicles (Nissan, Toyota, Mazda, Honda, Hino, Isuzu) Battery modules (WAE, Toshiba, Nissan ARC) Battery cells (JTEKT, Kobelco Research Institute) Battery packs (Kautex, Mitsubishi Chemical, Valeo, Ryobi, Martinrea) Fire protection measures for batteries (Fujikura Composites, Henkel...

Market & Tech Reports  Updated at: 2024/07/10

featured over 400 exhibitors and a keynote stage in the exhibition hall. Outside the convention center, attendees could ride and drive various sustainable commercial vehicles.   Hydrogen technologies were prominently highlighted by several companies at ACT Expo 2024. Major OEMs including Hyundai, Honda, and Toyota, and smaller OEMs such as Hyzon, Nikola, and ZM Motors showcased hydrogen systems and vehicles. Hyundai partnered with Plus for an S...

Market & Tech Reports  Updated at: 2024/06/19

3%) and Stellantis (468,000 units, up 12.7%), who also increased their production volumes. These four companies have traditionally been the top group, but Ford has significantly increased its production for three consecutive years (365,000 units, up 20.4%) and is closing in on the top group. Mazda, Honda, and BMW also significantly increased production from the previous year (up 36.7%, 32.4%, and 85.1%, respectively).   Changes in production vo...

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