. It will help reduce CO2 emissions by 2 million tons per year and boost the country's economy by EUR 21 billion. In addition, the plan will help secure and create more than 145,000 jobs and have a positive impact on the Spanish social security system with an estimated EUR 2.4 billion in additional tax revenue. According to the SEAT's Annual Report 2022 issued on March 15, 2023, to improve energy effciency at the company's manufacturing centres,...

OEM Plants  Updated at: 2026/04/03

chnology, the number of customers opting for electric or plug-in hybrid vehicles continues to rise, with their combined market share staying above 20%.”GANVAM explained that “Purchases by private individuals are driving market growth in March, coinciding with the reinstatement of the 15% income tax deduction for the purchase of electrified vehicles. Given that the average age of the vehicle fleet has already reached 14.6 years, there is an ur...

Automotive Sales Data  Updated at: 2026/04/03

87 units, and sales of the even larger Expedition were up 30.2% to 17,554 units. Lincoln brand overall sales dropped only 0.5% to 23,610 units. Aviator sales surged 31.4% to 6,266 vehicles, while Navigator sales rose 6.5% to 4,322 units. Looking at propulsion segments, Ford’s EV sales, without EV tax credits, fell 69.6% to 6,860 units, while hybrid sales fell 19.4% to 41,159 units. Overall electrified vehicle sales declined 34.8% to 48,019 unit...

News  Updated at: 2026/04/03

V production is slated to begin in 2026, supported by a battery plant now under construction and expected to be completed by April 2026. The two facilities represent a combined investment of THB 1 billion and are backed by the Thai BOI under the EV3.5 incentive package, which provides subsidies and tax benefits for local EV production. Reported on March 3, Hyundai Mobility Thailand plans to open a local vehicle and battery assembly plant in late ...

OEM Plants  Updated at: 2026/04/02

hnology, the number of customers opting for electric or plug-in hybrid vehicles continues to rise, with their combined market share staying above 20%.” GANVAM explained that “Purchases by private individuals are driving market growth in March, coinciding with the reinstatement of the 15% income tax deduction for the purchase of electrified vehicles. Given that the average age of the vehicle fleet has already reached 14.6 years, there is an ur...

News  Updated at: 2026/04/02

ana plant, to the Japanese market, utilizing the new regulations implemented on February 16. Initially, the vehicles were launched on April 2 through Toyota Mobility Tokyo Inc. A nationwide launch is planned for this summer. The selling price for the Tundra 1794 Edition is 12 million yen (including tax), and the Highlander Limited ZR Hybrid is 8.6 million yen (including tax). The target monthly sales volume for nationwide launch is 80 units and 4...

News  Updated at: 2026/04/02

tellantis/Tesla, etc.), aggregated by MarkLines as of April 2, totaled 1,405,817 units, down 11.8% year over year. March had 25 selling days, one fewer than a year earlier.According to U.S. media reports, March auto sales reflected a slowing market, as elevated vehicle prices, the end of federal EV tax credits, and weakening consumer sentiment continued to weigh on demand. Severe winter weather also had an impact. In addition, the year-over-year ...

Automotive Sales Data  Updated at: 2026/04/02

Nov Dec 2026Jan Feb 16.0 17.9 17.1 15.6 15.8 16.6 16.5 16.6 15.5 15.7 16.0 14.8 15.8 （Source: Bureau of Economic Analysis: BEA） According to U.S. media reports, March auto sales reflected a slowing market, as elevated vehicle prices, the end of federal EV tax credits, and weakening consumer sentiment continued to weigh on demand. Severe winter weather also had an impact. In addition, the year-over-year ...

News  Updated at: 2026/04/02

Information Management System (VMECIMS) of the Ministry of Industry and Information Technology of China (MIIT). On December 5, NIO announced that it will acquire production equipment and assets at the 1st Advanced Manufacturing Site and the 2nd Advanced Manufacturing Site from JAC Group for a total tax exclusive price of about CNY 3.16 billion. On December 6, JAC Group announced the completion of bidding for three previously publicly listed asset...

OEM Plants  Updated at: 2026/04/02

ounty, Baoji, Shaanxi. The project has a planned total investment of CNY 5 billion. With a planned investment of CNY 3 billion and an area of around 930,000 square meters. Upon completion and production, the 1st phase will achieve an annual output value of over CNY 10 billion and an expected annual tax revenue of over CNY 500 million. On January 4, BYD held a groundbreaking ceremony for its New Energy Vehicle (NEV) Comprehensive Test Site Project...

OEM Plants  Updated at: 2026/04/02

es to manufacture 10 vehicles in the plant, including new and renewed models of Caoa Chery and Hyundai already produced there, as well as another brand, currently in negotiations. Production capacity would be increased from 86,000 units per year to more than 100,000 units. The extension of a recent tax benefit would make Caoa's investment in the Anápolis plant feasible, as well as another BRL 500 million in the HPE / Mitsubishi plant in Catalão...

OEM Plants  Updated at: 2026/04/02

Bill to end environmental performance tax and provisional diesel tax rate enacted within fiscal 2025 An amended local tax bill, which includes the abolition of the environmental performance tax levied on the acquisition of automobiles and the provisional tax rate on diesel fuel at the end of fiscal year 2025, was passed and enacted at the House of Councilors plenary session on March 31. As a result, the environmental performance tax and the provi...

News  Updated at: 2026/04/02

Cambodia’s new tax cuts include electrified vehicles and EV components, effective April 1 Reported on March 29, 2026, the Cambodian government has introduced significant tax reductions on a range of goods, including hybrid (HEVs), plug-in hybrid (PHEVs), and fully electric vehicles (BEVs), aiming to stimulate economic activity and promote the adoption of green technology. Effective April 1, import duties on PHEVs will drop from 35% to 7%, while...

News  Updated at: 2026/04/01

us Corporation (MFTBC) announced it has launched a new variant for its Canter Eco Hybrid light-duty truck with smaller vehicle frame. It has a a shorter and narrower body by replacing battery cover and shortening rear overhang frame. Buyers can benefit from reduced automobile acquisition and weight taxes and can reduce annual vehicle inspection and vehicle insurance fees. It is priced at JPY 5,117,700, including consumption tax. MFTBC targets to ...

OEM Plants  Updated at: 2026/04/01

ippine counterpart to ship 200 buses to the market in 2020. On December 24, 2019, Thaco Vietnam exported to Myanmar 120 Deluxe Edition Kia Cerato passenger cars. With a localization rate of over 40%, Thaco Kia plant meets the Regional Value Contents (RVC) criteria to enjoy the preferential import tax rate of 0% under the ASEAN Trade in Goods Agreement (ATIGA agreement). According to the 2020 plan, Thaco will export 1,026 cars of all types, incl...

OEM Plants  Updated at: 2026/04/01

to the Toyama Plant of Mitsubishi Fuso Bus Manufacturing Co. Mitsubishi Fuso said it will put on the market its new micro bus "Rosa" on August 31. The new "Rosa" is not only compliant with the post new long-term emission regulations installed with a new powertrain, but also eligible for the eco-car tax incentive program through improved fuel efficiency. It safety has been enhanced as well. It is also compliant with the passenger protection regula...

OEM Plants  Updated at: 2026/04/01

in. The resulting company will be subrogated in all employment contracts, labor, and social security rights and obligations of the personnel of all the participating companies, but will not have an impact on employment. Each of the production plants (Vigo, Madrid, and Zaragoza) will continue to pay taxes at their current tax offices. On August 25, multiple sources reported that Stellantis has stopped production at the Opel car factory in Zaragoza...

OEM Plants  Updated at: 2026/03/31

land from the beginning, but a high-performance model of the "Focus ST" will continue to be supplied from the Saarlouis plant until its production in Thailand gets started at the end of 2012. Ford said it is ready to join the Thai government's eco-car program once new licenses become available. The tax breaks are scheduled to end in 2015, but the program is reported to be extended. Ford's plants in Thailand are capable of producing eight times mo...

OEM Plants  Updated at: 2026/03/31

can joint venture plant in Aguascalientes, operated with Nissan Motors amd Mercedes-Benz will  cut production there. Production is being halved due to declining US luxury car sales and cost-cutting measures amid potential tariff increases under US President-elect Donald Trump's proposed 25% import tax. Originally planned to produce 130,000 units in 2024, output has been reduced to 70,000 units annually, with operations scaled back to a single sh...

OEM Plants  Updated at: 2026/03/31

orts. In the first half of 2025 alone, Toyota accounted for 51% of Argentina’s vehicle exports. On February 19, Argentina's General Confederation of Labor (CGT) called a nationwide strike, bringing vehicle and auto parts production to a halt across the country. The strike opposes Labor Reform and Tax Reform projects being debated in Congress, which include eliminating internal taxes on automobiles. Major automotive unions including SMATA (mecha...

OEM Plants  Updated at: 2026/03/31