ACEA welcomes improved market access under EU-Australia FTA On March 24, the European Automobile Manufacturers’ Association (ACEA) welcomed the conclusion of negotiations for a free trade agreement (FTA) between the European Union and Australia. The tariff reductions on vehicles will put EU exports on an equal footing with other major auto-exporting countries, which already enjoy duty-free access to the local market. Automotive parts will also ...

News  Updated at: 2026/03/25

Busan plant as an export base for its SM3 Z.E.electric vehicle (EV.) The company plans to export the SM3 Z.E. to the areas with growing demand for sedans, mainly South America, and is considering additional investment in Busan plant. Starting with Chile, which has concluded a free-trade agreement (FTA) with South Korea, Renault Samsung will export cars to Hong Kong and Singapore in 2015, then to the European market. The company did not elaborate...

OEM Plants  Updated at: 2026/03/25

Mercosur countries, Mexico an EU were also discussed in the meeting. On March 18, it was reported that BYD’s new plant in Bahia, Brazil, received export orders totaling 100,000 vehicles for Mexico and Argentina. The development comes amid Mexico’s decision to raise tariffs on vehicles from non-FTA countries, particularly China, from 20% to 50%. However, trade agreements between Brazil and Mexico may mitigate the impact of those tariffs. In A...

OEM Plants  Updated at: 2026/03/24

he reported 50,000-unit allocation to Mexico could significantly influence the local EV market, where electrified vehicle sales reached around 100,000 units in 2025 (according to EMA: Electromovilidad Asociación). The development comes amid Mexico’s decision to raise tariffs on vehicles from non-FTA countries, particularly China, from 20% to 50%. However, trade agreements between Brazil and Mexico may mitigate the impact of those tariffs. In A...

News  Updated at: 2026/03/23

in OEM operating rates, including the normalization of supply chains amid improving semiconductor availability. In addition, vehicle lineups in the Mexican market have expanded. Meanwhile, on January 1, the Mexican government significantly raised tariffs on imported vehicles and auto parts from non-FTA countries such as China. Developments in U.S. trade policy will continue to warrant close monitoring going forward.Sales of new vehicles by type(i...

Automotive Sales Data  Updated at: 2026/03/10

l share knowledge and regulatory information related to automated driving technology, cooperate for automated vehicle testbeds and Living Lab infrastructures, promote international joint research, and support testing and verification activities.  Following the successful conclusion of the Korea-UK FTA improvement negotiations, cooperation in the future mobility and automated driving sectors is expected to expand.  Based on Zenzic press release...

News  Updated at: 2026/03/09

PHEV configurations such as the C5 Aircross. Volkswagen plans to launch six new EV models in Germany and Europe in 2026, including a B-segment EV priced below EUR 25,000 called the ID. Polo.    On January 27, the German Association of the Automotive Industry (VDA) welcomed the conclusion of the FTA between the EU and India, and assessed that India's plan to gradually reduce automobile tariffs to 10% for the first 250,000 vehicles and to compl...

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

Thailand targets mid-2026 EU FTA, strengthens EV supply chain alignment Reported on February 17, 2026, Thailand’s Ministry of Industry reaffirmed its goal of concluding FTA negotiations with the European Union by mid-2026, amid the present caretaker administration, during a February 16 meeting with the EU Ambassador to Thailand. Talks focused on aligning Thailand’s manufacturing sector with EU environmental standards, with particular emphasis...

News  Updated at: 2026/02/20

h on onboard energy, the LFSe+ integrates a proven electric drive motor and power electronics from BAE Systems. On September 8, Nova Bus announced that its long-range 100% battery-electric bus, the LFSe+, has successfully completed the Bus Testing Program of the U.S. Federal Transit Administration (FTA). The successful completion of the tests performed allows Nova Bus to position itself strategically on the North American market. The LFSe+ buses ...

OEM Plants  Updated at: 2026/02/18

Thailand’s FTA usage up 8.7% in Jan–Nov 2025; Motor vehicles among top export items Reported on February 10, 2026, Thailand’s utilization of free trade agreement (FTA) preferences continued to expand in January–November 2025, with total usage increasing 8.7% YoY to USD 82.943 billion, accounting for 81.6% of exports eligible for preferential tariffs, according to the Department of Foreign Trade (DFT). Industrial products represented the m...

News  Updated at: 2026/02/12

in OEM operating rates, including the normalization of supply chains amid improving semiconductor availability. In addition, vehicle lineups in the Mexican market have expanded. Meanwhile, on January 1, the Mexican government significantly raised tariffs on imported vehicles and auto parts from non-FTA countries such as China. Developments in U.S. trade policy will continue to warrant close monitoring going forward. (INEGI release from February 5...

News  Updated at: 2026/02/06

ort On February 2, 2026, industry leaders across the automotive and mobility ecosystem welcomed Union Budget 2026-27. Piyush Arora, MD & CEO of Škoda Auto Volkswagen India, welcomed the policy stability and continued emphasis on manufacturing competitiveness, trade facilitation, including India-EU FTA progress, and SME growth. Alexander Schoen, CFO of Daimler India Commercial Vehicles, noted infrastructure development in Tier-2 and Tier-3 cities...

News  Updated at: 2026/02/02

GlobalData blog: Navigating 50% tariffs: strategic options for Chinese automakers in Mexico Starting in January 2026, Mexico officially raised tariffs on Light Vehicles (LVs) from 20% to 50%, applying only to countries that do not have a Free Trade Agreement (FTA) in place. While the change in rate affects many markets, we expect the most significant impact to be felt in China and India. These measures have been under discussion for months and we...

News  Updated at: 2026/01/30

plans to assemble the top EV version.   On December 18, 2019, BMW Group manufacturing Thailand announced that the company has officially inaugurated exports of the new BMW X5 SUV to China and the BMW R 1250 GS motorcycle to India. The shipments to these 2 countries are under Free Trade Agreements (FTA). Reported on March 1, BMW Thailand introduced the new BMW M340i xDrive at the starting price of THB 3.999 million. Locally-assembled at BMW’s R...

OEM Plants  Updated at: 2026/01/29

Indian automotive industry highlights sector opportunities and growth potential on signing of India-EU FTA On January 27, following the signing of the India-European Union Free Trade Agreement, automotive industry leaders outlined implications for the sector. The FTA is expected to enable greater tariff certainty and a more predictable trade framework. Skoda Auto Volkswagen India said the agreement will allow the introduction of a wider range of ...

News  Updated at: 2026/01/28

ACEA welcomes EU-India free trade agreement On January 27, the European Automobile Manufacturers’ Association (ACEA) welcomed the conclusion of negotiations for a free trade agreement (FTA) between the European Union and India. ACEA stated that it will greatly help European automobile exports enter a market of 4 million passenger cars that, until now, has been protected by prohibitively high import tariffs of up to 110%. The agreement does come...

News  Updated at: 2026/01/27

ands while also opening opportunities for Make in India and Indian-made automobile exports to the EU market. The agreement balances competition benefits for Indian consumers through high-tech products and greater market competition with support for domestic automotive manufacturing and exports. The FTA is expected to enhance India's automotive sector's integration into global value chains and position Indian automakers to access the EU market, co...

News  Updated at: 2026/01/27

India-New Zealand FTA unlocks duty-free access for autos and components On December 22, India concluded a landmark Free Trade Agreement (FTA) with New Zealand. The FTA provides major duty-free access for Indian exports, protects sensitive domestic sectors, and supports inclusive and resilient economic growth. The FTA improves market access for Indian goods and also opens opportunities in the wider Oceania and Pacific Island markets. For the autom...

News  Updated at: 2025/12/23

e that are enhancing car production in Thailand, and also try to expand sales in the aftermarket. Moreover, Clarion is planning to export products to neighboring ASEAN countries and India where the market is expanding rapidly and even Europe by taking advantage of preferential trade agreements like FTA. The company also has plans to develop the Thai plant as its key operational base on a global scale for additional functions, including product de...

Major Suppliers  Updated at: 2025/12/10

nsumer spending power and tighter bank lending policies, driven by elevated household debt, continue to suppress demand. The company also called on the government to reduce import duties, pointing out that seven-seat vehicles are taxed at 80% and 11-seat models at 32%, while Chinese imports receive FTA exemptions, resulting in an unfair competitive balance. (From an article of Bangkok Post on December 4, 2025)...

News  Updated at: 2025/12/08