ar plan. The governments should provide consistent purchase incentives and expand charging infrastructure beyond cities to rural areas. To support the working economy, commercial vehicles used by small businesses should not be unfairly penalized, as these businesses generate over half of Europe’s GDP. Based on Ford Europe press release...

News  Updated at: 2025/12/09

vehicles for consumers in Saudi Arabia and the MENA region, including sedans and sports utility vehicles. Ceer will attract over USD 150 million of foreign direct investment, and create up to 30,000 direct and indirect jobs. Ceer is projected to directly contribute USD 8 billion to Saudi Arabia’s GDP by 2034. Ceer is a joint venture between PIF and Hon Hai Precision Industry Co. (“Foxconn”). It will license component technology from BMW for...

OEM Plants  Updated at: 2025/12/05

Indonesia, and Thailand, with some including electric motorcycles, others including only passenger cars, and others including commercial vehicles, so the data in the table is for reference only. The table can be scrolled left and right.   Population(2024, millions of people) Land area(K㎡) GDP per capita (USD) Number of electric vehicles owned(units) Number of public charging stations (pcs) Indonesia 278 190 4,800 60,000-80,000 ＜5,00...

Market & Tech Reports  Updated at: 2025/12/02

increase compared to 2024 →More than 35% increase compared to 2024 Low-carbon Automotive manufacturing whole life cycle carbon emissions reduced by at least 15% compared to 2024 →More than 40% reduction compared to 2024 →More than 60% reduction compared to 2024 Energy consumption per unit GDP reduced by more than 10% compared to 2024 →More than 20% reduction compared to 2024 →More than 30% reduction compared to 2024 (Source: Cre...

Market & Tech Reports  Updated at: 2025/11/27

India’s relationship with Russia, which could result in the baseline tariff doubling to 50% from late August. However, the impact of the higher tariff is relatively limited in the near term due to India’s relatively low trade reliance on the US—exports to the US account for only around 2% of GDP (as compared to 26% in Vietnam, for instance).   Over the medium term, though, India would be at a disadvantage compared to the 20% tariff rates ...

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

, and ecosystem growth. The partnership aims to make Abu Dhabi a hub for smart and sustainable mobility, with plans to expand cooperation across the Middle East. Additionally, the arrival of DiDi Autonomous Driving further enhances the SAVI cluster, which is projected to contribute to Abu Dhabi’s GDP and create up to 40,000 jobs by 2045. Based on Abu Dhabi Media office press release...

News  Updated at: 2025/11/13

r a significant portion of the total trade in goods and services of over EUR 153 billion in 2024 between the EU and the Mercosur region, as well as the approximately EUR 380 billion of mutual investment in the two regions in 2023. By 2040, the agreement is expected to add EUR 77.6 billion to the EU GDP and EUR 9.4 billion to the Mercosur GDP.  Based on ACEA press release ...

News  Updated at: 2025/10/13

Canadian economy shrinks 1.6% in Q2 as U.S. tariffs hurt exports On August 29, Statistics Canada announced that Canada's economy shrank much more than expected in Q2 as U.S. tariffs squeezed exports, but higher household and government spending softened the blow somewhat. The GDP for the quarter that ended June 30 slowed by 1.6% on an annualized basis, while Q1 growth was downwardly revised to 2.0%, the agency said. Exports were mainly responsibl...

News  Updated at: 2025/09/05

ssing the USD 89.45 billion that was forecast. Imports of goods jumped USD 18.6 billion to USD 281.5 billion, while goods exports dipped USD 0.1 billion to USD 178.0 billion. An ebb in import flows in Q2 led to a sharp contraction in the trade deficit, which added a record 4.95 percentage points to GDP growth that period, when the U.S. economy grew at a 3.3% annualized rate. GDP had previously contracted at a 0.5% rate in the January-March quarte...

News  Updated at: 2025/08/30

lity in Four Ashes near Wolverhampton (West Midlands). The new plant has state-of-the-art stamping equipment in its 50,000 square metres facility. It will include the production capability of the existing Gestamp Cannock plant when the existing capacity is transferred. Gestamp has invested close to GDP 50 million to date in the region. The new plant will bring a completely innovative technology of hot stamping. That includes one of the biggest ho...

Major Suppliers  Updated at: 2025/08/28

s. On trade, MSIL welcomed India’s free trade agreement with the UK, calling it a template for future pacts to support exports and production growth. MSIL highlighted continued weak growth in India’s car market, citing stricter emission and safety norms, including BS 6. Despite India’s strong GDP growth, car ownership remains low. It noted that this muted growth is happening as the small car segment, a historical industry driver, continues ...

News  Updated at: 2025/08/06

hospitals, medical colleges, shopping complexes, hypermarkets, warehouses, office spaces, community centres, banks, and financial institutions. The 335-acre project is set to attract around USD 10 billion in investment and, once operational, is expected to contribute USD 5-6 billion to the UAE’s GDP while generating approximately 4,000 jobs in Ras Al Khaimah Economic Zone (RAKEZ). Based on Erisha Smart Manufacturing Hub- RAKEZ's social media ...

News  Updated at: 2025/08/06

) rotors-Brake calipers-Wheel spindles Financial Overview   -In the fiscal year ended December 31, 2024, the Company’s sales decreased by 19.1% from THB 3,973.9 million in the previous year to THB 3,214.5. The decrease was mainly due to the country’s persistently high household debt-to-GDP ratio, which has led to stricter lending practices since late 2023 until now, especially for automobiles, thus affecting total domestic car sales....

Major Suppliers  Updated at: 2025/07/31

atitude, longitude, start and end time as well as the vehicle type. With data privacy being its highest priority, Bridgestone has implemented several layers and methods to anonymize and aggregate the data, including density-based spatial clustering of applications with noise, and in compliance with GDPR guidelines. (From a press release dated October 13, 2021) Bridgestone Corporation (Bridgestone) inaugurated the expansion project of its tire man...

Major Suppliers  Updated at: 2025/07/28

wing two years. This puts the market firmly in contractionary territory in 2025. BrazilFor 2025 as a whole, our forecast stands at 2.54 mn units, up by 2.5% YoY. This outlook represents a slight upward revision from our projections three months ago, as the market continues to display strength, and GDP is expanding more quickly than previously thought. In theory, higher interest rates should start to tame inflation as the year progresses, althoug...

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

domino effect. This strategic engagement forms part of the Indonesian government’s ongoing efforts to strengthen industrial diplomacy, promote a favorable investment climate, and safeguard the sustainability and global competitiveness of the automotive industry, a key contributor to Indonesia’s GDP and manufacturing exports. (From Indonesia's Ministry of Industry social media updates)...

News  Updated at: 2025/07/15

ustry (INA), the value of auto parts production in 2024 increased 1.2% y/y to USD 121.69 billion, a record high for the third consecutive year.   However, the impact of the U.S. Trump administration's tariff policies on both the U.S. and Mexican economies is beginning to become apparent, with real GDP growth in Q4 (October-December) of 2024 negative (-0.6%) for the first time in three years (+1.3% for the full year of 2024). Preliminary GDP figu...

Market & Tech Reports  Updated at: 2025/07/11

) sales included in the commercial vehicle sales were down 34.7% to 14,435 units. The difficulty in getting auto loans approved under financial institutions’ strict conditions is still the key reason for the sales decline. Thailand’s economic growth slowed. The household debt ratio was 89.6% of GDP (as of Q2/2024), while non-performing loans in the automotive sector continued to increase. The FTI added that a satisfying number of car bookings...

Automotive Production Data  Updated at: 2025/07/04

its.Last month, MAA revised its original annual sales forecast from 740,000 units to 765,000, changing from a projected decrease of 7.5% to a projected decrease of 4.3% compared to last year. This revision was influenced by several positive factors, including the government's forecast of Malaysia's GDP expanding in the range of 4% to 5%, Bank Negara's decision to maintain the OPR at 3% at its recent Monetary Policy Committeemeeting, a healthy bac...

Automotive Production Data  Updated at: 2025/07/04

) sales included in the commercial vehicle sales were down 34.7% to 14,435 units. The difficulty in getting auto loans approved under financial institutions’ strict conditions is still the key reason for the sales decline. Thailand’s economic growth slowed. The household debt ratio was 89.6% of GDP (as of Q2/2024), while non-performing loans in the automotive sector continued to increase. The FTI added that a satisfying number of car bookings...

Automotive Sales Data  Updated at: 2025/07/03