Toyota: Multi-Pathway Strategy GlobalData 5-Year Forecast: Maintaining Annual Output at Around 10 Million Units Summary GlobalData Production Forecast: Toyota's light vehicle production to remain at around 10 million units until 2031 Global Sales: Promoting product- and regional-based management Lexus: SUVs for the U.S. market are the main focus Japan: HEV sales account for over 60%, recovery in demand progressing with electrification United Stat...

Market & Tech Reports  Updated at: 2026/05/12

Bangkok International Motor Show 2026 (2) Japanese & European OEMs Toyota, Mazda, Isuzu, Nissan, Honda, Suzuki, and others Summary Toyota Land Cruiser FJ / Lexus IS300h Mazda Mazda6e Isuzu D-MAX EV Nissan Kicks e-POWER Honda e:N2 Suzuki e VITARA BMW iX3 50 xDrive M Sport MINI John Cooper Works Electric 1965 Victory Edition Mercedes-Benz CLA 250+ Ford Ranger Super Duty Tesla Model Y L Hyundai SANTA FE Hybrid HTRAC AWD Kia Carnival HEV, EV5 Volvo E...

Market & Tech Reports  Updated at: 2026/05/08

orque converter and instead use a multi-plate clutch or an electric motor In contrast to the above, a system that retains the torque converter while also utilizing a clutch and an electric motor This report also excludes systems that adopt the above configuration for the sub-transmission (e.g., the Toyota THS II shown on the far right in Figure 1 below). Additional information: While this type is commonly found in hybrid vehicles (see Figure 1,...

Market & Tech Reports  Updated at: 2026/04/17

ber 9, 2025)   In terms of pickup truck (P/U) sales figures by model, full-size P/U models of U.S. manufacturers, such as the Ford F-Series, which is sold in the large markets of the United States and Canada, dominate the top spots.   Next up are mid-size pickup trucks sold globally, such as the Toyota Hilux and the Ford Ranger. Top ten P/U models by sales volume (2025) The table can be scrolled left and right OEM Model Size Global sa...

Market & Tech Reports  Updated at: 2026/04/13

IIMS Indonesia International Motor Show 2026 Chinese and Japanese OEMs, Indonesian companies, Vinfast and more Summary Chinese OEMs: Chery, SAIC, Changan, Geely, GAC, GWM, BAIC, DFSK, XPeng Indonesian ：OEM / PLN VinFast Hyundai / Kia Japanese OEMs: Toyota, Daihatsu, Suzuki, Mitsubishi, Honda   The Indonesia International Motor Show (IIMS) 2026 was held at JIEXPO in Kemayoran, Jakarta, from February 5 to 15, 2026.   It is one of Indonesia's tw...

Market & Tech Reports  Updated at: 2026/03/27

financing conditions and the Bank of Thailand’s policy rate cut helped ease borrowing costs, increase disposable income, and sustain demand for pickups. Collectively, these trends are expected to support higher production, create jobs, and contribute to a gradual economic recovery.   Meanwhile, Toyota Motor Thailand commented that the 2025 Thai auto market recovery remains slow and uneven, with weak demand, particularly for pickup trucks, due...

Market & Tech Reports  Updated at: 2026/02/20

Thailand International Motor Expo 2025 (2) Japanese OEMs and Others Mitsubishi, Mazda, Suzuki, Nissan, Toyota, Honda, Isuzu, Hyundai, NEX Point, etc. Summary Mitsubishi：XFORCE HEV, Xpander HEV, Xpander Cross HEV Mazda: Mazda6e (mass-production BEV) Suzuki: Fronx, Swift Nissan: X-TRAIL e-POWER x e-4ORCE Toyota: Hilux Travo (pickup truck), Hilux Travo-e (BEV) Lexus: Lexus RZ, Lexus LX 500d Honda: CR-V e:HEV (HuNT Series) Isuzu: D-MAX X-SERIES BMW...

Market & Tech Reports  Updated at: 2026/01/27

motive brands, including Aion, Audi, AVATR, BMW, BYD, Chery, Deepal, Denza, DFSK, Farizon, Ford, GAC, Geely, Geely Riddara, GWM, Honda, Hyptec, Hyundai, Isuzu, Jeep, Kia, Leapmotor, Lexus, Maxus, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, NEX, Nissan, Omoda & Jaecoo, Pocco, Porsche, Suzuki, Tesla, Toyota, Volvo, Wuling, XPeng, and Zeekr.   Participating two-wheeler brands included BMW Motorrad, Deco, Ducati, EM Motor, Harley-Davidson, Honda, La...

Market & Tech Reports  Updated at: 2026/01/16

to achieve a highly sensitive light distribution equivalent to using approximately 300 LEDs. This makes it possible to narrow down the light shading range for oncoming and preceding vehicles, etc. to a limited extent. Since it was installed on the Lexus RX, installation has been expanded to include Toyota models. High-definition ADBIn October 2023, Koito announced the development of a high-definition ADB at the Japan Mobility Show. This high-defi...

Market & Tech Reports  Updated at: 2025/10/20

nes - Vehicle sales volume search by EV/Model/Country/etc.)    By manufacturer, Chinese automakers BYD, Geely, and Chery all saw sales increase by more than 20%, while U.S. manufacturers Ford and GM also saw sales increases. On the other hand, Japanese and European OEMs, with the exception of Toyota, Volkswagen, and Renault, all saw a decrease compared to the previous year (Table 3). Table 3: Top 15 OEMs by sales in the first half of 2025...

Market & Tech Reports  Updated at: 2025/08/18

or HVs Electrified vehicle sales in Indonesia: 2024 BEV sales increase 2.5 times to 43,000 units VinFast, BYD and GAC Aion to build EV plants Increasing production of EV batteries 2025 sales in Indonesia expected to grow 4% y/y to 900,000 units (GAIKINDO’s forecast in April 2025) Domestic market: Toyota launches Prius and Camry HVs; Mazda introduces CX-80 PHV Production Forecast by GlobalData: Indonesian production expected to be 1.32 million u...

Market & Tech Reports  Updated at: 2025/06/13

hailand's domestic sales by vehicle type in 2024, passenger car sales decreased by 16.5% y/y to 417,000 units, and commercial vehicle sales fell by 36.4% to 218,000 units. Among commercial vehicles, 1-ton pickup trucks (including Pickup-based Passenger Vehicles (PPVs)) fell 37.7% to 182,000 units. Toyota (not including Lexus) was the leader in sales by manufacturer in 2024 with 241,000 units sold, down 13.5% from the previous year, and holds a 3...

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

Bangkok International Motor Show 2025 (2) Japanese & European OEMs Mitsubishi, Mazda, Honda, Nissan, Suzuki, Isuzu, and others Summary Mitsubishi: Xforce HEV Mazda: Iconic SP compact electric sports car Honda: e:N1 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 ...

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

5%. Trends in electric vehicle sales: EVs including HEVs grow by nearly 70% Sales volume by OEM: Nissan maintains top share, followed by GM and VW Chinese OEMs: Accounting for about 10% of domestic sales in Mexico in 2024 U.S. OEMs: GM and Ford sales up, Stellantis sales down Japanese OEMs: Nissan, Toyota, Mazda, and Honda experience double-digit y/y growth Volkswagen Group (VW): Significant sales growth for the second consecutive year; Indian-ma...

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

Manufacturers Association (GAIKINDO) and multiple sources, new vehicle sales in Indonesia dropped 3.9%, 11.9%, and 6.4% (YoY) in October, November, and December, respectively. In 2024, vehicle sales went down by 13.9% YoY to 865,723 units, surpassing the revised target of 850,000 units.   In 2024, Toyota garnered a 33.4% market share, followed by Daihatsu (18.8%), Honda (10.9%), Wuling (2.5%), and BYD (1.8%). Chinese manufacturers are steadily i...

Market & Tech Reports  Updated at: 2025/02/25

in partnership with TVS Tata Motors: Avinya X Concept, and flex fuel engine Vinfast: Debut in India by launching VF 6 and VF 7 electric vehicles Kia India: New EV6, and Syros sub-compact SUV BYD India: Sealion 7 electric SUV, Sealion 6 PHEV, and Yangwang U8 luxury SUV Isuzu Motors: D-Max EV Concept Toyota Kirloskar Motor (TKM): Urban BEV Concept, Multi-Pathway Zone Mahindra and Mahindra: electric BE 6 and XEV 9e   India is one of the leading man...

Market & Tech Reports  Updated at: 2025/02/13

Thailand International Motor Expo 2024 (2) Japanese OEMs and Others Toyota, Honda, Mitsubishi, Isuzu, Hyundai, Ford, Volvo Cars, etc. Summary Toyota HEV lineup Lexus LBX Bespoke Honda HR-V e:HEV RS and e:N1 electric SUV Mitsubishi Xpander HEV and Xpander Cross HEV Isuzu D-MAX 2.2 MaxForce pickup truck Mazda BT-50 pickup truck and CX-5 SUV Nissan Serena MPV and Kicks e-POWER Suzuki Swift sport hatchback, and Jimny Off-road Edition Hyundai Palisade...

Market & Tech Reports  Updated at: 2025/01/16

IAA Transportation 2024: Premiere of BEV Trucks MAN, Volvo, Ford, and Asian commercial vehicles Summary MAN: World premiere of the eTGL, celebrating the hydrogen-powered hTGX Volvo Trucks: The new FH Aero lineup, FM low entry and VNL for the American market Ford: Unveiling of Ranger PHEV and battery-electric F-Line E Toyota: Premiere of the BEV Proace Max, presentation of the Hilux 48V Mild-Hybrid Concept and FCEV Prototype Isuzu Anadolu: Launch ...

Market & Tech Reports  Updated at: 2024/12/05

lion units in 2023, down 1% from 2022 Thailand and Indonesia export 1.12 million and 510,000 vehicles, respectively, in 2023 ASEAN new vehicle sales in six major countries decline 0.7% to 3.4 million units in 2023 Sales Forecast by GlobalData: ASEAN sales to grow to 3.84 million units in 2027 Toyota new IMV Series pickup truck Hilux Champ (released in Thailand in November 2023) (Source: Toyota)   Vehicle production in four major ASEAN c...

Market & Tech Reports  Updated at: 2024/10/02

production Stellantis: Begins production of a large van in Mexico, its first mass-produced EV in North America Ford: Continues to significantly increase production, with sales of the EV "Mustang Mach-E" also growing Hyundai/Kia: Starting production of new compact sedan and considering EV production Toyota: Began production of the new Tacoma, aiming to increase HV sales ratio Mazda: Strong sales of CX-30 in the U.S. contribute to increased product...

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