trengthen Thai auto industry (January 20, 2025) https://www.marklines.com/en/news/320631 Thai AAPICO announces new subsidiary for OEM auto parts business in Thailand (January 10, 2025) https://www.marklines.com/en/news/320218   Malaysia Honda Malaysia reveals its 3-year plan to introduce 3 new BEV models by 2027 (March 5, 2025) https://www.marklines.com/en/news/322916 Malaysian govt. denies 30% price increase for CKD cars/motorbikes in 2026 (Fe...

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

While the market hasconsistently achieved large YoY gains over the first four months of 2025, April saw comfortably thestrongest selling rate of the year so far, at 664k units/year. Indeed, this was the highest rate sinceAugust 2018. A recent reduction in taxes on many vehicles, combined with more models beingimported and a growing economy, has significantly boosted sales.   Sales(units) Selling rate(Units/year) Apr2025 Apr2024 PercentC...

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

technology, then describes individual HMI equipment.   Related Reports:Los Angeles Auto Show 2024: HMI in the U.S. Market (Jan. 2025)Paris Motor Show 2024: BEV HMIs (Dec. 2024)Car.HMI Europe 2024: Enriching User Experiences (Sep. 2024)Fusion of HMI and Interiors (Jul. 2024)HMI Comparison of 6 BEV Models - Major C-segment SUVs (Mar. 2024)Analysis Reports: Cockpit Module     The three keywords for HMI trends are larger screens, simplification, ...

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

nt is expected to be large sports and luxury passenger cars, but the company says it is "not limiting the target vehicles and is considering vehicle segments of all sizes as candidates."   Like Gen2, the company continues to improve Gen3 performance without incorporating special materials. Because models with special materials and voltage conditions may not meet market needs, the company is focusing on developing compact motors that are easy to ...

Market & Tech Reports  Updated at: 2025/05/20

Auto Shanghai 2025: GAC, Changan, Great Wall Motor Next generation smart cars, luxury orientation, off-road capabilities Summary GAC Group: World premiere of four new models, accelerating the transition to the smart car era Changan: Three models exhibited; targeting sales of 5 million units in 2030 Great Wall Motor: 6 brands in the lineup, promoting technology and off-road capabilities Deepal Auto's exhibition booth   Auto Shanghai 2025...

Market & Tech Reports  Updated at: 2025/05/20

s model to the new market needs as shown in the following slide. System scalability (ICA Summit 2025 organized by InLinum/slide: Copyright © Continental AG) Xelve - Continental's scalable ADAS/AD solution (ICA Summit 2025 organized by InLinum/slide: Copyright © Continental AG)   Volume models still rely on hardware upgrades to introduce new functions, embedding software within new components. As Premium Models are moving towards soft...

Market & Tech Reports  Updated at: 2025/05/16

Performance: record-high sales and profits for the full year of FY2024 GlobalData Sales Forecast: Suzuki to sell 3.18 million units in 2028 Suzuki's first mass-produced EV, the “e VITARA” (Source: Suzuki) Under Suzuki's new mid-term management plan announced in February 2025, six BEV models will be introduced in Japan and four in India and Europe by FY2030. In November 2024, Suzuki Motor Corporation (Suzuki) already announced its f...

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

arket. In May 2025, there will be 19 working days, down 2 days y/y. Moreover, the 2025 Dragon Boat Festival falls on May 31, which is unfavorable for stable growth in vehicle production and sales volumes. According to the CPCA, at the Auto Shanghai 2025, automakers launched a moderate number of new models amid increasingly rich product lineups, and what emerging automakers presented were mostly mid-to-high-end models. Joint-venture NEV models hit...

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

Auto Shanghai 2025: BYD BYD brand unveils six models and Denza brand premieres sports car concept Summary BYD: "Dynasty-D" full-size concept car, Ocean series premieres five models Denza: World premiere of the "Z" sports car concept Yangwang: Exhibiting its full lineup; world premiere of the U8L full-size SUV Fangchengbao: 583 Family models shown together for the first time BYD's booth   Auto Shanghai 2025, officially known as the 21st ...

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

ncepts (Feb. 2025)SDV: Software Update Concept and Mechanism (Jul. 2024)Embedded World 2024: Innovations to facilitate SDV development (Jun. 2024)     ETAS introduced the new code generation tool called Embedded AI Coder for the first time. This tool can easily converts pre-trained neural network models into optimized C code for various microcontrollers and microprocessors.   Convert pre-trained AI models (such as neural networks) into ...

Market & Tech Reports  Updated at: 2025/05/13

Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs Chinese OEMs expand EV production; Changan, Chery to start up new plants Summary Thai government policies: Tax incentives for HVs, MHVs, and PHVs EV sales in Thailand slow in 2024, HV sales grow 1.5-fold Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to incre...

Market & Tech Reports  Updated at: 2025/05/12

ional Exhibition and Convention Center from April 23 through May 2, 2025. The total exhibition space for the event was over 360,000 square meters. Approximately 1,000 companies from 26 countries and regions exhibited at this motor show. According to statistics from the organizers, more than 100 new models were unveiled for the first time and more than 150 press conferences were held during the press days on April 23 and 24.   This report mainly ...

Market & Tech Reports  Updated at: 2025/05/09

and City Hatchback DRIVAL Nissan: Serena e-POWER Suzuki: Swift and Carry Isuzu: Dragon Max pickup truck Toyota: Hilux Champ, Lexus RX 450h+ PHEV Ford: Everest Sport Special Edition Hyundai: N Line Series Volvo: XC90 PHEV and EX90 BEV Audi: A5 PHEV BMW: 330e M Sport PHEV Mercedes-Benz: Three new AMG models Luxury brands: Porsche, Maserati, Aston Martin, Rolls-Royce Motorcycle: Honda, Suzuki, Yamaha, BMW, and others BIMS 46th's entrance  ...

Market & Tech Reports  Updated at: 2025/05/08

ustry Exhibition, was held at the  National Exhibition and Convention Center (Shanghai). April 23 and 24 were press days, April 25-26 were trader days, and April 27-May 2 were days open to the general public. Nearly 1,000 companies from 26 countries and regions exhibited, and more than 100 all-new models were unveiled for the first time.   Japanese automakers are emphasizing localization in the increasingly competitive Chinese market and shorte...

Market & Tech Reports  Updated at: 2025/05/07

Trump Tariffs: Impact on the North American Auto Industry Analysis of U.S. imports and sales volume, parts procurement status for major models Summary Additional tariffs on automobiles and auto parts Imported vehicles as a percentage of total U.S. sales U.S. sales ranking by OEM Parts procurement status for major models US Sales Share by Segment (2024) (Source: MarkLines Sales Volume Dashboard )   In the midst of successive announcemen...

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

e Worth the Squeeze,” gathered perspectives on AI from panelists representing fields including full-stack computing platforms, robotics, and autonomous driving. Each of the panelists were asked for their definition of AI and its potential impacts and applications. Norm Marks described various AI models, including generative AI, which provides content and information from user prompts; agentic AI, which utilizes agents to perform specific funct...

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

Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows Over 60% of vehicles imported from China, Brazil, India, etc. Summary 2024 sales performance: Sales growth slows to 9.8% y/y, with 66% of sales being imported vehicles Import performance in 2024: Chinese-made vehicles reach 30% of total imports Sales volume by segment: Shift from subcompact to slightly higher-end models; BEV/PHEV share at 1.5%. Trends in electric vehicle sale...

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

a result of the tariffs, with an even larger impact in 2026.KoreaOur 2025-26 Korean LV sales forecast stands at 1.65 mn units (+3% YoY) in 2025 and 1.74 mn units (+6% YoY) in 2026. We now anticipate that volumes are likely to experience a stronger recovery in 2026 as Korean OEMs introduce more new models, including hybrids. Nonetheless, sales in 2025 are also set to bottom out from the low base in 2024, but only moderately, due to ongoing BEV sa...

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

fficient to recover its sales in China, and that its volumes in the country will more than halve from 2024-37. However, the OEM is accelerating the development of new BEVs. From the new battery plant in the US, the OEM intends to start producing and supplying batteries in April initially for hybrid models, but it plans to source those for BEVs in the future. In China, Toyota Group announced plans to establish a new BEV plant for its Lexus models ...

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

droelectric power and wind power (awareness of the need to use abundant renewable energy for electric vehicles).               3. Generous policies such as subsidies, tax incentives, and charging infrastructure development.               4. A wide range of electric vehicle models is available.     Sales of electric vehicles in the 12 major countries and the 3 Nordic countries of Norway, Sweden, and Finland (15 countrie...

Market & Tech Reports  Updated at: 2025/04/25