08 percent year-on-year) and total profit (profit before tax) at 805 million yuan, down 62.49 percent from the same period of the previous year. FAW Car says that a decline in profit is attributable to the sluggishness in the passenger car market due to the government's monetary policies, a rise in inflation, end of automotive sales promotion measures and a limited issue of license plates in Beijing. The new FAW Oley, the automaker's new self-dev...

OEM Plants  Updated at: 2025/07/17

her increase in the equity ratio to over 35% are targeted. (From a press release on November 4, 2021) Autoneum Holding Ltd. (Autoneum) announced that it has adjusted its financial year 2022 outlook due to impacts of the Ukraine war on the automotive industry and vehicle production, including higher inflation. Autoneum faces higher material, energy, and transport costs due to the increasing inflation and rising prices in the commodities markets. B...

Major Suppliers  Updated at: 2025/07/16

Electric-driven fan Window regulator motor Fuse box Smog ventilation sensor Acceleration sensor Electronically controlled suspension ECU Electric power steering (EPS) Rear wheel steering ECU Headlamp levelling ECU TPMS sensor Electric-driven fan shroud Relay box Seatbelt ECU Fuel cell radiator Tire inflation pressure sensor Front camera Battery sensor Keyless entry system Power seat tilt motor Power seat lift motor Seat heater HVAC control panel ...

Major Suppliers  Updated at: 2025/07/14

veda announced discussions with Kia Motors regarding expansion of its plant in Pesquería, Mexico, with the aim of launching an EV in the market. Kia is considering the new EV plant, expected to be built near or as part of the existing facility, due to the eligibility for tax credits under the U.S. Inflation Reduction Act (IRA), though nothing has been fixed yet. While plans are not yet fixed, whenever the new facility would be built, the goal wo...

OEM Plants  Updated at: 2025/07/14

Europe) Tire Pressure Monitoring System (TPMS) (for Europe) Tire Pressure Monitoring System (TPMS) (for North America, Europe, China) TPMS controller TPMS transmitter TPMS sensor (315MHz) TPMS sensor (433MHz) TPMS sensor （315MHz） TPMS sensor （433MHz） Tire pressure monitoring system ECU Tire inflation pressure sensor Direct tire pressure monitoring system Tire pressure monitoring system (snap-in sensor) Tire pressure monitoring system (cla...

Who Supplies Whom  Updated at: 2025/07/14

be similar to the vehicle currently prepared for introduction in Thailand. Honda Motor announced that it will increase the sales prices of the Brio, the Jazz and the City by 0.2 to 2.6 percent from the current prices. The company says it has decided on the price hike due to rising materials costs, inflationary pressures and increase in freight because of higher diesel fuel prices. Honda Cars India is reported that it is planning to launch four m...

OEM Plants  Updated at: 2025/07/11

g markets, including China, India, ASEAN, and Africa regions Increase market share and improve market potential in North America Improve diversification across the Company’s business sectors -Through 2030, the Company aims to achieve an average annual sales growth between 6% and 8%, given normal inflation rates between 2% and 3%. The Company also aims to achieve an overall EBIT margin from operations between 7% and 7.5%. In the Mobility busine...

Major Suppliers  Updated at: 2025/07/09

revious year’s USD 16.5 billion to USD 17.3 billion. Sales to third parties in the Company’s Mobility sector increased by 2.9% year over year to USD 10.7 billion, despite market challenges. Outlook -The Company aims to achieve annual sales growth of 6–8% on average through 2030, with a normal inflation rate of 2–3%. Despite ongoing market challenges, it targets an improved EBIT margin of 7% in 2026. To remain successful amid changing mark...

Major Suppliers  Updated at: 2025/07/09

lant, citing twice monthly inspections for compliance with occupational safety measures. Tesla's management at Gigafactory Berlin announced on November 3 that the plant’s 11,000 workers will receive a 4% wage raise effective in November. Tesla will also pay a EUR 1,500 bonus in December to offset inflation and in February 2024 raise annual wages by an additional EUR 2,500 for the German workers, according to people familiar with the matter. On ...

OEM Plants  Updated at: 2025/07/08

urs on March 12, 2024. This is the result of unsuccessful collective labor negotiations. FNV has been negotiating with NXP for months about a better collective labor agreement for the approximately 3,000 NXP’s employees in the Netherlands. The employees demand a 9% wage increase to compensate for inflation and want an 8% bonus for all employees based on pre-set criteria. NXP did not want to go further than 2.5% on an annual basis and rejected a...

Major Suppliers  Updated at: 2025/07/04

anwhile, skipped 12.5% to 8,446 units.The top 5 brands were Toyota, Mitsubishi Motors, Ford, Nissan, and Suzuki.For 2024, CAMPI projected local vehicle sales to grow around 9% at the least from 2023 to reach 468,300 units. According to CAMPI president, there are several reasons for optimism despite inflation risks and the imminent taxation of double cap pickups, including new model introductions and the expansion of electrified vehicle line-up es...

Automotive Sales Data  Updated at: 2025/07/03

AprilFive Korean automakers announced domestic new vehicle sales in April. New vehicle sales in South Korea decreased by 7.3% compared to the same month in the previous year to 118,978 units. This decrease in sales aligns with a notable downturn in consumer sentiment, primarily attributed to rapid inflation and persistently high interest rates on loans and installments in the domestic market.By company, Hyundai Motor was the leader with sales of...

Automotive Sales Data  Updated at: 2025/07/02

% market share. Suzuki was down 6.8% to 6,138 units and a 8.8% market share. Chairman of Gaikindo Jongkie Sugiarto said that the decline in car sales in Indonesia last month was caused by the effects of national economic growth which was also experiencing a slowdown. The benchmark interest rate and inflation that are still high have also made some consumers choose to hold back or postpone purchasing a new car in early 2024.Reflecting on this, Gai...

Automotive Sales Data  Updated at: 2025/07/02

or the USD 7,500 federal government clean-vehicle tax incentive after having temporarily lost eligibility following changed requirements at the start of 2024.The U.S. Treasury Department and Internal Revenues Services in December released guidance to clarify rules around eligible vehicles under the Inflation Reduction Act that disqualified EVs with a specific foreign-sourced battery content, affecting also the Chevrolet Blazer EV. Cadillac has re...

OEM Plants  Updated at: 2025/06/25

to the media before "clean room" equipment is installed. “We remain on track to start production of these batteries next year,” Drake said, noting that the company was committed to completing the plant even if Congress and President Trump make the project ineligible for tax incentives.  Under Inflation Reduction Act rules passed under former President Biden, companies could receive a production tax credit of USD 35 per kilowatt-hour for eac...

News  Updated at: 2025/06/25

Tyre Pressure Monitoring Systems - Correction of terms. -A revision regarding the communication between the tractor and the trailer. AgreementregardingUNregulation 01 S1 2022/9 2022/11/25 2022/10/8 -A revision to provide requirements for Tyre Pressure Refill System (TPRS) as well as Central Tyre Inflation System (CTIS). -Addition of (a) transitional provision(s). 7 AgreementregardingUNregulation 148 00 S4 2022/37 2022/11/25 2022/10/8 Light S...

Regulations  Updated at: 2025/06/24

r factory is already completed, with a roof overhead, but it remains a shell without walls. On July 5, NextStar Energy, the vehicle battery JV between Stellantis and LG Energy Solution, announced it has signed a binding agreement with the Canadian government to level the playing field with the U.S. Inflation Reduction Act (IRA) and is restarting construction at the battery plant in Windsor, Ontario with plans to launch in 2024. The plant will hav...

OEM Plants  Updated at: 2025/06/23

market declined by 29% YoY in May — tight monetary policy and stalled consumer credit growth are restricting auto financing. LV sales in Turkey were up 4% YoY in May as sales reached 103k units. LV demand remains strong as here consumers continue to turn to vehicles as a safeguard against rampant inflation. China In May, Chinese LV sales are estimated to have grown by 10% YoY to around 2.1 mn units, broadly the same volume as April’s figure...

Market & Tech Reports  Updated at: 2025/06/19

1 150 180 190 Farasis Energy  3 12 13 21 47 80 120 170 170 Panasonic  46 49 49 59 65 65 78 96 106 Total 245 411 640 1,162 1,993 2,899 3,760 4,254 4,648   Currently, batteries for NEVs worldwide are mainly supplied by CATL, BYD, and LG Energy Solutions. Due to the constraints of the U.S. Inflation-Reduction Act (IRA), LG is expected to develop and exceed the growth rate of CATL in the future.   At present, China, Japan, and South Kore...

Market & Tech Reports  Updated at: 2025/06/12

are not met. On September 19, it was announced that GM workers in São José dos Campos approved a wage agreement in a vote in which both shifts of the plant participated. The wage adjustment will be based on the INPC of 3.71%, while the Profit Sharing will be BRL 20,000 in 2025, corrected for the inflation of the following year. In addition, a Voluntary Dismissal Program requested by the workers will be opened. With the Voluntary Dismissal Prog...

OEM Plants  Updated at: 2025/06/11