specializing in the assembly of automotive seats. The major shareholders are Toyota Boshoku (52%), Toyota Auto Body Co., Ltd. (24%) and Tokai Kogyo Co., Ltd. (24%). Established in 1968 as Tokai Kako, a wholly-owned subsidiary of the current major shareholder Tokai Kogyo, the company received major investments in 1985 from Toyota Auto Body and in 2001 from Toyota Boshoku (formerly Araco), leading to the current shareholder composition. As all of ...

Market & Tech Reports  Updated at: 2025/09/27

Investments in India: Toyota and Volvo's plans in Karnataka Clean Mobility Policy 2025-2030 and Invest Karnataka 2025 Summary Automotive industry in Karnataka state Clean Mobility Policy 2025-2030 Invest Karnataka 2025 - Global Investors Meet (GIM) Automotive OEMs Auto component suppliers Other notable agreements   Karnataka is one of the biggest industrial states in India. The state is a leader in technology, R&D, and industrial sectors such as...

Market & Tech Reports  Updated at: 2025/08/27

of SDVs and vehicle structures, will begin at a plant in Poland in the October-December period of 2024. The plan is to mass-produce millions of units and aim for them to be adopted for both passenger cars and commercial vehicles. The remaining EUR 7 billion (about JPY 1.2 trillion) will be used for investments in plants and facilities. In parallel with the investment, the entire group will reduce costs by nearly JPY 1 trillion by the end of 2025....

Market & Tech Reports  Updated at: 2025/08/21

ange and privacy protection. Service issues When Chinese automakers first began expanding overseas, they faced problems such as inadequate after-sales service, which was time-consuming and costly. Obtaining financial business licenses is also difficult, and China's strict restrictions on overseas investments by financial institutions make it disadvantageous for Chinese automakers to provide automotive financial services. (Source: Prepared b...

Market & Tech Reports  Updated at: 2025/08/12

, Lear, and Magna Seating have been expanding globally for some time now, and their production systems are being upgraded. In the past, the European supplier Forvia SE was primarily focused on the European market, but in the two years from 2012 to 2013, the company aggressively expanded its capital investments, establishing a number of manufacturing sites and R&D facilities in the Americas and Asia. In 2024, Europe, the Americas and Asia accounte...

Market & Tech Reports  Updated at: 2025/08/06

rt and the full physical diversity of climate-neutral energy sources, including the corresponding drive technologies," he said.   He also emphasized the importance of a reliable legal framework not only for the passenger car and commercial vehicle industry, but also for sustainable energy, so that investments in development and production can be planned for the longer term.   According to Professor Geringer, the current EU fleet legislation for...

Market & Tech Reports  Updated at: 2025/07/17

e Trump administration intends to impose on Mexico and Canada, but has stated that it has no plans to relocate production to the United States. Oliver Blume, CEO of the group, emphasized that the North American auto industry is vertically integrated, and said that the company will move forward with investments such as its planned mid-size SUV, the Tayron, in Mexico.   The Audi Q5, which is being produced at the San José Chiapa plant, will not b...

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

onization of the automotive industry while increasing product benefits and value for customers.   Examples of alternative fuels in action   In the third and final part of his presentation, the speaker gave some examples of the current status and potential of alternative fuels, as well as PHINIA's investments in these fuels and its involvement in enabling their use in existing combustion engines.   Biodiesel represents a promising alternative f...

Market & Tech Reports  Updated at: 2025/07/08

Vision Driving Experience), for its world premiere, as well as the Vision Neue Klasse X for the first time in China, showcasing its intelligent features and product lineup.   Now in its 20th year since starting production and research and development in China, Mercedes-Benz continues to expand its investments there. At this year's motor show, the company held the world premiere of the luxury MPV concept car Vision V, based on the VAN.EA EV (elec...

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

ay period increased 21.2% y/y to 2.271 million units, accounting for 8.7% of total vehicle sales volume.   On June 12, U.S. President Trump stated that there is a possibility of further increases to automobile tariffs. He said that OEMs facing increasing tariffs would be encouraged to make further investments in the U.S., citing GM and Hyundai's announcements of additional investments in the U.S. as successful examples. On the other hand, OEMs a...

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

ffort and the full physical diversity of climate-neutral energy sources, including the corresponding drive technologies," he said. He also emphasized the importance of a reliable legal framework not only for the passenger car and commercial vehicle industry, but also for sustainable energy, so that investments in development and production can be planned for the longer term.   According to Professor Geringer, the current EU fleet legislation for...

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

ina 2: Changsha, Hefei Asia 3: India 3 The company has three production sites in Japan for exhaust system components: Ora-machi, Ora-gun, Gunma Prefecture; Oita Prefecture, Kyushu Prefecture; and Nissin Kogyo (34% owned) in Yamato City, Kanagawa Prefecture. Although there have been no significant investments by Marelli in exhaust system components in recent years, in December 2013, the company increased its stake in Siam Calsonic Co., Ltd. (Cho...

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

tion Act (IRA), LG is expected to develop and exceed the growth rate of CATL in the future.   At present, China, Japan, and South Korea are the leading manufacturing countries of batteries for NEVs. The explosive demand for NEVs in the U.S. has attracted attention as an investment destination, and investments from Japan and Korea is being welcomed by all quarters in the U.S.   Investment by some Chinese battery manufacturers is facing competiti...

Market & Tech Reports  Updated at: 2025/06/12

pacity is being heavily utilized,” explained Albina Iljasov, Head of Europe at XCharge. Tim Gansczyk, Managing Director of Vattenfall E-Mobility Germany, added: “With Vattenfall InCharge, we are building one of the largest charging networks in Europe. Particularly in Germany, we are making huge investments of approximately 100 million euros per year in the expansion of publicly accessible fast-charging stations. An important key to the succes...

Market & Tech Reports  Updated at: 2025/06/05

refueling technology cellcentric and EKPO detail next-generation fuel cell modules Forvia, Symbio display StackPack module and hydrogen storage solutions Hyundai and Plus outline autonomous fuel cell freight network strategy Toyota showcases Gen 3 FC system, announces U.S. hydrogen applications and investments Honda Next Generation Fuel Cell Module and Fuel Cell Power Generator supports expanded hydrogen utility Daimler, Blue Bird highlight natur...

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

ss and financial targets in the plan are to achieve revenue of JPY 8 trillion, operating profit of JPY 800 billion (operating margin of 10.0%), and ROE of 13.0%. The mid-term plan included an investment plan for the period from FY2025 to FY2031. The company plans to spend JPY 2 trillion in capital investments, of which JPY 1.2 trillion will be invested in India. The investments in India include JPY 550 billion to increase production capacity inc...

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

oduct range. Christopher Reed gave an example how Nissan’s system is already very complex, which would ideally be resolved with higher production volumes of fewer models. Charles Poon said that increased complexity results in OEMs spending effort in managing what systems require increased capital investments, longer lead times, and are more embedded within the vehicle. The concept of commoditized components can be used to simplify complexity to...

Market & Tech Reports  Updated at: 2025/04/30

. In all cases, the ratios for each change by only decimal points compared to FY2023. As for the progress of the mid- to long-term business strategy formulated in September 2023, there are still issues remaining regarding profitability in existing areas (AT, etc.), but development costs and capital investments are being steadily made in growth areas (e-Axle, battery framework, Gigacast). In addition, the company's priority activities for FY2024 i...

Market & Tech Reports  Updated at: 2025/04/15

w Georgia plant, Hyundai Motor Group Metaplant America (HMGMA) LLC, in which it plans to invest USD 5.5 billion. Hyundai's partner companies have invested USD 1 billion in the region to train local employees. In June 2024, Hyundai Mobis Co., Ltd. (Hyundai Mobis) announced that it would expand its investments in the U.S. for semiconductors and EV components. Besides investing 70% of its 2024 investments in 2024 in EV components, the company will...

Market & Tech Reports  Updated at: 2025/04/07

Of this amount, approximately USD 2.7 billion is the loss associated with the reorganization of SAIC GM (including costs related to the plant closure). Ford According to multiple media reports in May 2023, Ford is restructuring its China operations to simplify its organizational structure, reduce investments, cut costs, focus on higher-margin businesses, and focus its operations on exporting commercial vehicles and EVs. Stellantis In October ...

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