Japan Mobility Show 2025: Electric Powertrains e-Axles, motors, inverters Summary OEM technology exhibits and cutaway models: Toyota, Daihatsu, BYD, Yamaha, Nissan e-Axles, motors: Aisin, Astemo, Valeo, Bosch, Oswell Inverters, converters: Denso, Bosch, Astemo, Oswell, Toyota Industries, Shindengen Electric   The Japan Mobility Show 2025, organized by the Japan Automobile Manufacturers Association, Inc. (JAMA) was held at Tokyo Big Sight (open t...

Market & Tech Reports  Updated at: 2025/11/21

jected to exceed 5 mn units in 2026 and surpass 6 mn units in 2030. The  volumes will grow at a CAGR of 4% over a seven-year period, totaling 6.8 mn units by 2032. However, we anticipate that there will be upward revisions in our next report to reflect the anticipated sales boost from the GST rate cut and improved economic growth.   LV sales from January to September 2025 remained flat at 3.7 mn units, comprising 3.18 mn PVs and 520k L...

Market & Tech Reports  Updated at: 2025/11/20

e interior and automatically activates the turn signal when the system detects that the driver is looking in the rearview mirror before changing lanes or turning.⁠ ⁠If the driver attempts maneuvers without properly checking the mirrors, the car actively resists by staying in the lane and not executing the movement. The system integrates seamlessly with the navigation system and automatically activates the appropriate turn signals when drivers...

Market & Tech Reports  Updated at: 2025/11/20

rbags in India and the associated increase in demand for airbag components, local production of airbag modules, inflators, cushions, and other major components in the country is accelerating. As a result, overseas sales of related manufacturing equipment, such as automatic sewing machines and laser cutting machines for airbag cushions, are growing, and the increased demand is spreading to peripheral equipment as well.   This report covers the si...

Market & Tech Reports  Updated at: 2025/10/27

ar). While the 2025 outlook remains unchanged, the 2026 forecast has been slightly revised downward to reflect prolonged economic and global trade uncertainties. In 2025, the South Korean government implemented multiple tax incentives ahead of schedule to stimulate demand, and the decline in energy prices also provided a positive effect. Additionally, deliveries of imported vehicles are expected to be somewhat boosted by the low levels seen in th...

Market & Tech Reports  Updated at: 2025/10/23

tic and sculpted, with sharp lines that run from the front bumper to the rear shoulders. It sits on large 23-inch wheels, and the roof has a Y-shaped structural spine that adds to its visual impact. The rear of the car includes a floating light bar that stretches across the width, framed by angular cut-outs and a prominent diffuser.   The body color shifts from metallic grey to volcanic beige, inspired by the natural landscapes of Fuerteventura....

Market & Tech Reports  Updated at: 2025/10/02

Xingyuan with sales totaling 46,000 units. The Tesla Model 3 came in third with 41,000 units. With 36,000 units sold, the Qin Plus came in fourth place, followed by the Wuling Hongguang MINIEV in fifth with sales of 31,000 units.   The Geely Xingyuan has maintained second place for the third consecutive month, beating out its small BEV-model competitors the Wuling Hongguang MINIEV (5th place) and the BYD Seagull (11th place). While the two comp...

Market & Tech Reports  Updated at: 2025/09/26

and withdrawals of models produced in China include Suzuki's total withdrawal from China in September 2018, Honda's withdrawal of Acura luxury cars in March 2022, Mazda's shrinking except for SUVs in July 2023, and Mitsubishi Motors' total withdrawal from China in October 2023. Production capacity cuts are also occurring one after another, with Toyota cutting its workforce by 5% in 2023, Honda reducing its production capacity by 20% in March 202...

Market & Tech Reports  Updated at: 2025/09/18

light distribution can be controlled 10 times more accurately than conventional LED glare-free high beam systems. Additionally, from a safety perspective, road warnings and driving support images can be projected directly into the driver's field of vision. The product is also sold at an affordable price that can be used in a wide range of cars. In 2023, it was installed in the trinocular headlights of the VW Touareg. ZKW Group microZ-LED headlig...

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

sion regulations, model discontinuations amid a shift to newer lineups, geopolitical tensions, and intensified export market competition, the FTI has revised Thailand’s 2025 vehicle production forecast. The target was lowered by 3.33%, from 1.5 million to 1.45 million units, primarily due to a 5% cut in projected production for exports (from 1 million to 950,000 units). Malaysia   According to the Malaysian Automotive Association (MAA), vehicl...

Market & Tech Reports  Updated at: 2025/08/28

ard a zone-based architecture after 2025. In addition, the technology trend going forward will be for automakers to develop their own architectures and for hardware and software to be produced by cost-effective partner manufacturers, and the electronic control device market will become increasingly price-driven. Design changes also vary from one manufacturer to another, and the fact that they cannot be made in one step and must be implemented in ...

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

AL).   On December 9, 2024, the Renault Group announced how far the Group will still have to go to achieve its goal of being net zero-carbon in Europe by 2040 and worldwide by 2050. The Group reduced its CO2 emissions by 28% between 2010 and 2023. It is advancing electrification to reach a goal of cutting CO2 emissions by 35% by 2030.   In its EV strategy, the Group collaborates with Ampere to develop EVs and EV batteries as well as to reduce c...

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

atent used in the seating mechanism business to Adient Yanfeng Seating Mechanisms Co., Ltd. (AYM) and received approximately USD 20 million. Adient will receive an earnout equal to 30% of YFAI's distributable earnings beginning in the fiscal year ended December 31, 2020, until the deferred purchase price of USD 60 million is paid. In addition, Adient and Yanfeng have extended the term of the Yanfeng Adient Seating Co., Ltd. (YFAS) joint venture a...

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

t.   The Seres AITO M8, an EREV (extended range electric vehicle), made it to the top 10 for the first time in the three months since its launch. Compared to BEVs, EREVs allow for a smaller battery capacity, and an increasing number of models are being launched in the Chinese market with low sales prices, attracting attention.   The following table shows electric vehicle sales by automaker (major OEMs, Tesla, and major Chinese electric vehi...

Market & Tech Reports  Updated at: 2025/07/28

market forecast has resulted in a significant reduction in projections, particularly for North America. The automotive sector is facing additional tariffs of 25% on imported vehicles and parts (though there are caveats to this on imports from Canada and Mexico), which are expected to raise vehicle prices in the US. While there is some expectation of easing these tariffs in the medium to long term, the overall tariff environment is set to remain ...

Market & Tech Reports  Updated at: 2025/07/28

cording to a report by GlobalData as of Q2 2025, global light vehicle production in 2025 is estimated to increase by 0.6% YoY to 91.0 mn.-The implementation of the new 25% US auto and auto-part tariffs has undermined our full-year global 2025 LV production outlook. Since our Q1 2025 report, we have cut the full-year outlook for 2025 by almost 1.5mn units to 91.0mn. Measured against a relatively weak 2024, annual growth is now anticipated to reach...

Market & Tech Reports  Updated at: 2025/07/28

weak due to the CBR’s high key rate stalling consumer credit growth and auto financing; however, early signs of stabilization are emerging, aided by resumed output at idled plants and government stimulus through the “First Car” and “Family Car” subsidy programs. A potential interest rate cut may support a modest recovery in H2. The Turkish PV market saw a fourth consecutive month of growth in June 2025 as sales reached 94k units, up 7%...

Market & Tech Reports  Updated at: 2025/07/22

products such as ADAS systems grew.・AI introduced to improve the efficiency of in-vehicle software development. Also collaborated with NTT Data Group Corporation and FPT Corporation for software development and human resource training. 3 5 Magna International Inc. 42,836 42,797 ・New programs, price hikes, and the acquisition of Veoneer, Inc. led to an increase in revenues.・ Acquired HE System Electronic GmbH (now Magna Power Modules Veits...

Market & Tech Reports  Updated at: 2025/07/02

EVs and competition from Chinese imports. The Mobility Solution division has just under 240,000 employees worldwide. This includes the Mobility Electronics division which has about 40,000 employees worldwide, including about 12,500 in Germany. The electronic control market is becoming increasingly price driven, with automakers tending to develop the electronic architecture in-house and have the hardware produced by cost-effective contract manufa...

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

nfavorable foreign exchange rates for the Brazilian real (BRL) and Argentine peso (ARS) and the negative impact of the product mix, which were partially offset by higher sales volume, favorable parts and service operations, and pricing. Adjusted earnings decreased 4% as the impact of higher vehicle prices and increased unit sales was offset by unfavorable currency and mix effects. Trends in the South American market (Brazil and Argentina) In...

Market & Tech Reports  Updated at: 2025/03/18