es increase for four consecutive years, pickup trucks 40% of sales volume   Ford's domestic sales in Mexico in 2024 increased 10.1% y/y to 54,209 units, marking the fourth consecutive year of sales growth. Imported vehicles comprise 90% of sales in Mexico, with the top seller being the compact SUV Territory (24.4% of total sales) produced in China by partner Jiangling Motors Corporation Limited (JMC), but in terms of segments, the company focuse...

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

ly strong base for comparison as improved supply supported the fulfilment of backlogged orders. Sales in Germany remained disappointing as consumer confidence struggles. In what is a seasonally strong month for the UK, the selling rate fell back from recent levels, though YoY growth was in positive territory. Year-to-date (YTD), the Western European market is now flat in comparison to last year (+0.3%). The big picture within the industry remains...

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

24) Categorization of Electric Motorcycles (Aug. 2023)Indian Electric Two-wheelers: 64 companies (Apr. 2022)     In FY 2023-24 (ending March 31, 2024), Maharashtra emerged as the leading state for electric two-wheeler sales in India, while Delhi, the national capital, was the top-performing union territory. When examining registrations of high-speed electric two-wheelers across Indian states, the western and southern regions showed exceptional ...

Market & Tech Reports  Updated at: 2024/09/20

ing well through the first half of 2023, saw a sales decrease of 10.5% y/y to 427,000 units. The GM Group posted a 44.7% y/y decline to 258,000 units, down across the board except for a few models. Ford, on the other hand, posted a solid 11.4% y/y increase to 164,000 units. Sales are strong for the Territory and Nautilus, which are also exported.  The Hyundai Group's passenger car sales in the first half of 2024 increased 15.2% y/y to 209,000 un...

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

GlobalData Global Light Vehicle Sales Update (July 2024) Summary Commentary The Global Light Vehicle (LV) selling rate neared 91 mn units/year in July, the best result of the year so far. However, in year-on-year (YoY) terms, market volumes were marginally down on July 2023. Year-to-date (YTD), the market remains in positive territory, up just under 2%. Sales in China maintained a solid pace as NEVs sales continue to gain traction. In the US, Y...

Market & Tech Reports  Updated at: 2024/08/15

in March 2022, and three companies were allocated a total capacity of 30 GWh. In January 2024, the government announced the re-bidding of production-linked incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing.   State Government policies   In India, almost every state and union territory has dedicated EV policies. These policies provide incentives through a bouquet of fiscal and nonfiscal measures such as subsidies, concessio...

Market & Tech Reports  Updated at: 2024/07/31

4 to 2025 as it undergoes refurbishment of the plant in preparation for the production of the Cherokee in ICE-powered, HEV, and BEV versions. North American production of the Jeep Cherokee will be transferred from the existing Belvidere, Illinois plant to the Toluca plant. The Chinese-made Territory has become Ford Mexico's best-selling vehicle (Source: Ford)   Ford's production in Mexico in 2023 was 365,365 units, reflecting an incr...

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

d availability of vehicles as a result of the microchip shortage. Conditions rebounded in 2023, with all regions experiencing growth, leading total global sales to increase by 6.3% y/y to reach 3.9 million units. The Middle East saw the largest growth for the period at 55.4% y/y, thanks to the Ford Territory that began exporting to the region from China in late 2022. The Ford F-150 －the best-selling Pickup globally－ significantly aided growth...

Market & Tech Reports  Updated at: 2024/05/29

gnment production basis, the ASX compact SUV in March and the new Colt compact hatchback, were launched in the European market in October. The new Triton and the new Exforce compact SUV will be launched in the second half of 2023. With the addition of the Expander HEV, the company is broadening its territory from ASEAN to the global market.   Related Reports:Automotive Software Expo 2023: Towards SDV Realization(Dec. 2023)Plans by Japanese OEMs ...

Market & Tech Reports  Updated at: 2024/05/28

n services and content.   Both Harman Ignite and Faurecia Aptoide app stores are white label solutions enabling OEMs to offer their customers a personalized user experience while leveraging brand identity.   The OEM can decide, manage and control the apps to be available inside their vehicles per territory, ensuring that only the most relevant apps are presented to their customers. In addition they can also directly monetize their own services ...

Market & Tech Reports  Updated at: 2024/05/20

lished, such as BMW Group (BMW, Mini), Lotus, Mercedes-Benz, Smart, Volkswagen.   White label app stores enable OEMs to offer their customers a personalized user experience while leveraging brand identity.   The OEM can decide, manage and control the apps to be available inside their vehicles per territory, ensuring that only the most relevant apps are presented to their customer. In addition they can also directly monetize their own services a...

Market & Tech Reports  Updated at: 2024/04/18

ld deteriorate significantly if production stops for an extended period, and availability of certain models could become very patchy once again.”   “Looking ahead to 2024, we see total sales at 16.0 mn units, a YoY gain of 4.6%. While we still think the market will be well into positive growth territory, the gains will be more muted as the industry will face headwinds from what is expected to be a weaker economy, especially in the first half...

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

76,000 units, which accounted for 23.3% of Ford’s total sales and became a profit pillar for the Chinese market. The Lincoln Corsair midsize SUV ranked first among the Lincoln brand vehicles with sales of 38,000 units. The Ford brand’s sales decreased by 7.7% y/y to 250,000 units. Sales of the Territory midsize SUV increased by 89.1% y/y to 65,000 units, while the Mondeo (sold as the Fusion in North America) passenger car showed an 82.8% y/y...

Market & Tech Reports  Updated at: 2023/05/15

in November, the company announced plans to launch a total of nine models, mainly NEVs, including sedans, SUVs, and pickup trucks, by 2025. Together with several affiliated partners, the company will open 15 outlets in Malaysia by the end of 2023, covering 70% of the cities at the state capital and territory level. The company also plans to begin local production in 2023. New model launch In November 2022, the ORA Good Cat was launched. Phili...

Market & Tech Reports  Updated at: 2023/04/05

% shy YTD of the 2021 total. In the UK, the PV selling rate rose to 2.2 mn units/year, from 2.0 mn in October, beating expectations. Moreover, there was a MoM improvement in the raw registrations statistic, at 143k for November against 134k in October. That said, YTD, the market remains in negative territory, even compared to a weak base. The French PV market grew by just under 10% YoY for November. However, in YTD terms the market remains some 9...

Market & Tech Reports  Updated at: 2022/12/08

market is Mazda's largest market by country, with sales volume still increasing in 2020 and 2021 after the COVID-19 outbreak. In 2021, the company sold 332,000 units in the U.S., accounting for 26.5% of global sales.   In the United States, Mazda has been working since 2016 to strengthen its sales territory by introducing new-generation stores and reforming sales operations. By introducing the CX-50 and CX-70/90, Mazda plans to increase its sale...

Market & Tech Reports  Updated at: 2022/11/15

ed the corporate logo to be more environmentally conscious, and aims to electrify all models by 2035.* III-1-6 Descriptions of individual technologies   Ford   Previously, the company introduced the Focus Electric as a BEV in 2011, but discontinued it in 2018 due to poor sales. Entering 2019, the Territory EV was launched in China; in 2021, the Mustang Mach-E (U.S., Europe, China) and in 2022 the E-Transit (U.S., Europe) and F-150 Lightning (U....

Market & Tech Reports  Updated at: 2022/11/11

vehicles ranging from the ultra-compact Rocks-e to the large commercial EV van Movano-e. By the mid-2020s, the legendary Manta sports model will be revived as a BEV. The successor model to the Crossland flagship SUV, the Insignia, will also be a BEV.   The models handled by Vauxhall, whose sales territory is the United Kingdom, are rebadged Opel brand models and use common model names such as Corsa, Astra, and Movano.   In July 2021, Vauxhall...

Market & Tech Reports  Updated at: 2022/07/22

t for supply of lithium On March 2, 2022, Core Lithium Ltd., an Australian mining company, announced that it has signed a legally binding term sheet with Tesla for the supply of up to 110,000 tons of spodumene concentrate (with lithium oxide content) from the Finniss Lithium Project in the Northern Territory over a term of four years. Tesla has agreed, subject to execution of a definitive agreement, to provide additional support to Core to assist...

Market & Tech Reports  Updated at: 2022/05/31

8,057 18,588 2.9% 5.2% EcoSport SUV (Class B) 16,090 2,671 2,670 0 -100.0% 0.0% Escape SUV (Class C) - 565 39,493 33,049 -16.3% 9.2% Kuga SUV (Class C) 31,149 8,875 10,905 838 -92.3% 0.2% Edge SUV (Class D) 59,892 32,862 23,678 31,091 31.3% 8.7% Equator SUV (Class D) - - - 15,590 - 4.3% Territory SUV (Class D) - 47,892 40,174 34,435 -14.3% 9.6% Explorer SUV (Class D) - - 21,462 28,586 33.2% 8.0% MustangMach-E SUV (Class D) - - - 5...

Market & Tech Reports  Updated at: 2022/04/25