on”, so it is not a good idea to simply eliminate them. However, if there are too many physical switches, some will have to be placed at a low position, making them difficult to operate while driving, or it will be difficult to find the necessary switches in the first place, so it is important to strike a balance between the allocation of touch panels and physical switches. For this report, we analyzed the design philosophy behind the cockpits ...

Market & Tech Reports  Updated at: 2025/12/15

t to tariffs for USMCA-compliant models. There are currently no tariffs being charged on most USMCA-compliant automotive parts that enter the US from Canada or Mexico, although separate tariffs mean that raw materials such as steel and aluminum are subject to rates of up to 50%. Legal challenges to strike down some of the Trump administration’s tariffs are ongoing, but it appears that most of those that relate most directly to the automotive in...

Market & Tech Reports  Updated at: 2025/10/29

r technology into context-related interaction and enables, for example, the prediction of pedestrians' intentions and the corresponding adaptation of signals. Gestures and body postures can be recognized for more intuitive command input Strategic UX/UI opportunities   Exterior HMIs can be used to strike a balance between customization with brand identity. Personalized greetings enhance customer experience, while unique light signatures help to ...

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

merging EV manufacturer Guangzhou Xiaopeng Motors Technology Co., Ltd. (XPeng).   In early September 2024, Volkswagen's management presented a restructuring plan to the IG Metall trade union that included the closure of three plants in Germany, and in early December the trade union went on a timed strike. Although the closure of the domestic plants in Germany was not decided, the agreement was concluded with conditions including a reduction in p...

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

on issues. Persistent inflation, a weak yen, and falling real wages also eroded consumers’ purchasing power. Amidst the political turmoil, the Korean market lost momentum. The December selling rate was 1.55 mn units/year, down nearly 8% from a strong November. The unions staged a one-time partial strike for a couple of days in December to demand President Yoon’s resignation but did not start a full-strike that they said they would. In full-ye...

Market & Tech Reports  Updated at: 2025/01/17

e a buoyant economy. Sales have been weak this year, due to high interest rates, weaker model activities in H1 2024, and the pull-ahead effect of the temporary tax cut on Passenger Vehicles, which expired in June 2023. In August, GM Korea led the decline owing to production delays caused by a labor strike, while Hyundai posted a gain, thanks to the strong delivery of the Santa Fe SUV and the imported China-made Sonata Taxi. South America Brazil...

Market & Tech Reports  Updated at: 2024/09/18

be announced in March or April 2024. Agreement reached with Mexican union for 8.1% wage increase According to an August 2023 Mexico Now report, independent labor unions reached an agreement with VW Mexico in labor contract negotiations for 2023, resulting in an 8.1% salary increase and avoiding a strike. The company's approximately 7,000 workers gave their strike notice in early August, initially demanding a 15.7% wage increase.   Stellanti...

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

). Hyundai GroupWe now expect that a more decent recovery will continue in 2023 (+4.9% YoY). We, however, believe that this recovery will be fragile and will not last through 2024. StellantisStellantis’ global output should decline by 2% YoY in Q4 2023, with build constrained by six weeks of UAW strike action from 15 September at the group’s Toledo plants in the US. To a lesser extent, volumes over this period have also been hindered by weak...

Market & Tech Reports  Updated at: 2024/01/30

y/y to 14.183 million units.   In November, retail demand was strong and the growth accelerated from the previous month. Sales of Japanese OEMs (particularly Toyota and Honda) were strong, but sales of General Motors, Ford, and Stellantis were sluggish and inventories are increasing. Although the strike ended with the conclusion of wage hike negotiations with the United Auto Workers Union (UAW) at the end of October, the reason for the increase...

Market & Tech Reports  Updated at: 2023/12/26

as 94 mn units/year, slightly lower than the upwardly revised October figure of 95 mn units/year. The market was up 14% YoY and in YTD terms 82 mn vehicles registered, 11% higher than YTD Nov 2022. US sales were helped by agreements being settled between the Detroit 3 OEMs and the union, ending the strikes, along with increased incentives during Thanksgiving and Black Friday. China’s market in November also benefited from heavy incentives and d...

Market & Tech Reports  Updated at: 2023/12/15

are Update and Software Update Management Systems [SUMS]. Cybersecurity means protecting cars from people, and safety means protecting people from cars. The development of autonomous vehicles (AVs), which require a vast amount of software and product competitiveness, is a dilemma for OEMs, who must strike a balance between rapid development, regulatory compliance, and quality. OEM Dilemma: Conflicting AV Challenges (Source: SUSE) ADAS make...

Market & Tech Reports  Updated at: 2023/12/07

ates   New vehicle sales in October were 1.211 million units, reflecting an increase of 2.1% y/y (down 9.8% m/m). Cumulative sales for the January to October period increased 12.9% y/y to 12.941 million units.   It was reported that Ford and the UAW (United Auto Workers) union, six weeks into the strike, had reached a tentative agreement and that the strike at three plants would end at the end of October. Following this, Stellantis and GM also ...

Market & Tech Reports  Updated at: 2023/11/27

or the Jan.-Sep. 2023 totaled 880,000 units, or 9.4% market share New CO2 regulations under the Biden administration: 67% BEV ratio assumed for MY2032 California regulation: 100% ZEV ratio in MY2035 Charging network development: GM, Ford, and three Japanese OEMs use Tesla's Supercharger network UAW strike: New labor agreement with Detroit Three GlobalData Sales Forecast: Light vehicle sales in the US will be 16.8 million units in 2026 2024 ...

Market & Tech Reports  Updated at: 2023/11/24

a report by GlobalData as of Q3 2023, global light vehicle production in 2023 is estimated to increase by 7.8% y/y to 89 million units. In particular, the better-than-expected performance in China has led to an upward revision of approximately 1.6 million units from the previous forecast. -The UAW strike is hampering production in North America, but overall, the impact has been fully offset by growth in China and India due to higher demand. -Des...

Market & Tech Reports  Updated at: 2023/10/27

the environment in which they are used.   United States   New vehicle sales in September were 1.342 million units, an increase of 19.9% y/y (down 0.1% m/m). Cumulative sales for the January to September period increased 14.2% y/y to 11.730 million units.   September was a month in which the UAW strike against the Detroit 3 had a major impact on the market. Several U.S. media outlets have reported that U.S. auto parts manufacturer organization...

Market & Tech Reports  Updated at: 2023/10/25

displayed another strong month in September, as vehicle sales reached 1.34 mn units, increasing by 19.8% YoY. The selling rate increased significantly in September to 15.8 mn units/year, up from a revised figure of 15.4 mn units/year reported in August. There was no discernible impact from the UAW strikes in September, as OEMs had sufficient inventory to meet demand. Transaction prices remain at an elevated level, but in September the average pr...

Market & Tech Reports  Updated at: 2023/10/17

n of the Inflation Control Act (IRA), there are increasing activities to strengthen domestic production of electric vehicles and batteries. While U.S. manufacturers have showcased BEVs at the North American International Detroit Auto Show in September, there are concerns about the impact of the UAW strike on production. In line with these developments, we will be keeping a close eye on future moves by OEM manufacturers and suppliers.   India   ...

Market & Tech Reports  Updated at: 2023/09/26

ay 2022.The stronger than expected performance in May has led to a further increase in our forecast for 2023 to 15.4million units, up 400,000 units from the previous quarter. However, uncertainty in the second half of the year remains high, with recession risks still looming and the potential for a strike scenario associated with the automotive union negotiations. JapanWe mostly maintained last quarter’s forecast. As the recent recovery is bett...

Market & Tech Reports  Updated at: 2023/07/26

early showed the power games that were taking place. At that time, the supplier wanted, among other things, to force the OEM to accept a sharp increase in its prices. Although the dispute was ultimately resolved, it showed how dependent even global corporations are on seemingly simple products. The strike by the suppliers brought production at numerous Volkswagen plants to a standstill. And this was not an isolated case. Above all, however, scena...

Market & Tech Reports  Updated at: 2023/06/19

end of this year. The November selling rate reached 1.8 mn units/year, the highest rate since early 2021, boosted by strong sales of imported vehicles. In contrast, sales growth of domestically built vehicles was modest, despite production having expanded by 25%. Prior to the unionized truckers’ strike, Hyundai and Kia built up inventory, but prioritized the export markets leaving low supply for the local market. South America Brazilian LV s...

Market & Tech Reports  Updated at: 2022/12/15