GlobalData blog: Tesla finally opens Indian map on its dashboard On July 15, 2025, the long wait ended for Tesla enthusiasts in India as the company officially opened its first showroom in Mumbai and began accepting orders for the Model Y. A second showroom is also set to open soon in Delhi, along with Superchargers in both cities. Back in 2021, Tesla established a subsidiary named “Tesla Motors India Energy Private Limited”. At that time, th...

News  Updated at: 2025/07/31

GlobalData blog: The changing landscape of European bodystyles The simultaneous rise of SUVs and decline of Hatchbacks indicates that consumers are increasingly favoring vehicles that provide more space and versatility. According to GlobalData’s bodystyle analysis, SUVs are estimated to account for 58% of Passenger Vehicles (PVs) in Western Europe by the end of 2025, up from 37% in 2020. This shift in consumer preference has allowed the SUV seg...

News  Updated at: 2025/07/29

viding strong support for the growth of the Chinese domestic market. New Energy Vehicles (NEVs) continue to show rapid growth and are driving continued industry transformation and upgrading. Export volume also continues to increase, with exports of NEVs growing particularly rapidly.   According to GlobalData, Chinese automakers continue to deploy aggressive pricing strategies, putting a strain on the entire auto industry. By leveraging additiona...

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

Global Top 10 OEMs Production Forecast (Q2 2025) Global production to reach 91.0M units in 2025, 91.4M units in 2026 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q2 2025, global light vehicle production in 2025 is estimated to increase by 0.6% YoY to 91.0 mn.-The implementation of the new 25% US auto and auto-part tariffs has undermined our...

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

Global Top 10 Countries Sales Forecast (Q2 2025) Global sales to increase 1.3% to 89.9M units in 2025, downward revision from previous forecast Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q2 2025, global light vehicle sales are forecast to increase by 1.3% YoY to 89.9 mn.-The latest update to the Global Light Vehicle (LV) market forecast h...

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

o 323,879 units (26.0% share) and Stellantis was down 12.3% to 180,907 units (14.5% share). Renault Group was down 0.6% to 142,115 units (11.4% share). Hyundai Group was down 8.7% to 93,451 units (7.5% share) and BMW Group was up 8.2% to 89,463 units (7.2% share). ACEA press release on 24, July 2025GlobalData Automotive European Passenger Car Sales Update (June 2025) Jun. 2025 Share Y-O-Y Jan. 2025-Jun. 2025 Share Y-O-Y EU...

News  Updated at: 2025/07/24

GlobalData Global Light Vehicle Sales Update (June 2025) Summary Commentary For June, the Global Light Vehicle (LV) selling rate improved to 93 mn units/year. In year-on-year (YoY) terms, the market grew over 2% as sales reached 7.7 mn units globally. Trade tensions began to affect the key markets of the US and Western Europe, while in China, sales remain robust amid favorable market conditions and incentives. In Western Europe, the story is br...

Market & Tech Reports  Updated at: 2025/07/22

duction expansion for the fourth consecutive year, concerns over impact of U.S. tariffs Hyundai/Kia Group: Production of SUVs for the U.S. market transferred to the U.S. plant Chinese manufacturers: Tension in U.S.-China relations creates headwinds for new entrants Tesla, BYD, and Hon Hai (Foxconn) GlobalData Production Forecast: Mexico light vehicle production expected to be 3.56 million units in 2028 Mexico light vehicle production and ex...

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

GlobalData European Passenger Car Sales Update (June 2025) Summary Commentary The latest data on Western Europe’s PV market, that of June, showed that sales had fallen 6% YoY to 1.1 mn vehicles. The selling rate improved though, standing at 11.6 mn units/year, from the 10.9 mn units/year recorded the previous month. Overall, though, it has been a tough first half to 2025, with YTD sales down over 1%, on what is a weak base. Across the major f...

Market & Tech Reports  Updated at: 2025/07/08

309,930 units (27.8% share) and Stellantis was down 3.0% to 168,839 units (15.2% share). Renault Group was up 4.6% to 111,395 units (10.0% share). Hyundai Group was down 4.0% to 88,491 units (7.9% share) and Toyota Group was down 1.7% to 79,578 units (7.1% share). ACEA press release on 25, June 2025GlobalData Automotive European Passenger Car Sales Update (May 2025) May. 2025 Share Y-O-Y Jan. 2025-May. 2025 Share Y-O-Y EU ...

News  Updated at: 2025/06/26

nistry will allocate INR 20 billion (approximately USD 233 million) to support the introduction of public EV charging stations at approximately 72,000 locations across India.   Japan   New vehicle sales in May were 314,000 units, reflecting an increase of 4.1% y/y (down 5.6% m/m).   According to GlobalData's analysis, May saw a slowdown from the double-digit growth that had continued for the past four consecutive months. Last year, sales had d...

Market & Tech Reports  Updated at: 2025/06/25

GlobalData blog: The rise of Chinese automotive brands in Europe: Insights from 2025 so far As we approach the midpoint of 2025, the momentum of Chinese brands has gathered more pace as they carve out their niche in the European market.  With the introduction of the “make origin” fields in GlobalData’s Light Vehicle Sales Forecasts, we now have clearer visibility into the growth trajectory of these brands than ever before. The results from...

News  Updated at: 2025/06/23

GlobalData Global Light Vehicle Sales Update (May 2025) Summary Commentary For May, the Global Light Vehicle (LV) selling rate is estimated to be 90 mn units/year, a slowdown from the improvement seen the previous month. In year-on-year (YoY) terms, the market grew 5% as sales reached 7.6 mn units globally. The story remains similar to April in the key markets of China, the US, and Western Europe. China and the US saw positive growth in LV sale...

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

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 units in 2028   The Indonesian government aims to achieve carbon neutrality by 2060 and...

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

GlobalData blog: Thailand’s automotive market faces critical challenges amidst shifting regional landscape Thailand’s position in the ASEAN automotive landscape is facing increasing pressure as regional dynamics shift. The country experienced a staggering 26% YoY decline in Light Vehicle (LV) sales in 2024, and the outlook for 2025 remains bleak, with a further contraction of 7% YoY experienced in Q1 compared to an already depressed base duri...

News  Updated at: 2025/06/12

GlobalData European Passenger Car Sales Update (May 2025) Summary Commentary For May, Western Europe’s PV selling rate stood at 10.9 mn units/year, down from the 11.2 mn units/year observed for April. Sales volumes totalled just under 1 mn new vehicles, a 2% improvement YoY. YTD sales are now just under 5 mn units, broadly flat compared to the same period in 2024. Spain continues to shine as the standout performer, while the French market is ...

Market & Tech Reports  Updated at: 2025/06/09

12.1% market share. Mitsubishi was down 19.9% to 2,457 units with a 9.7% market share. Honda was up 23.2% to 2,148 units with an 8.5% market share. Thaco Truck was down 36.8% to 1,171 units with a 4.6% market share.Cumulative sales for the ten months of the year were down 29.3% y/y to 235,296 units.GlobalData reported on November 2 with their blog that the Vietnamese automotive market has tumbled very badly this year and that is owing partially t...

Automotive Sales Data  Updated at: 2025/06/04

GlobalData blog: Hyundai’s new hybrid – a promising step toward electrification It is anticipated that the next-generation Hyundai hybrid system will enhance performance and fuel efficiency across various segments As Hyundai Group navigates the slowdown in global Electric Vehicle (EV) demand, the company has started to refocus its efforts on its existing xEV technology — the hybrid vehicle — to drive growth. Even Genesis, the group’s lu...

News  Updated at: 2025/06/03

1% to 296,869 units (27.6% share) and Stellantis was down 0.5% to 165,826 units (15.4% share). Renault Group was up 1.1% to 110,513 units (10.3% share). Hyundai Group was down 1.8% to 89,890 units (8.3% share) and BMW Group was up 7.5% to 80,629 units (7.5% share). ACEA press release on 27, May 2025GlobalData Automotive European Passenger Car Sales Update (April 2025) Apr. 2025 Share Y-O-Y Jan. 2025-Apr. 2025 Share Y-O-Y EU...

News  Updated at: 2025/05/28

ectric vehicles (EVs) and hybrid vehicles (HVs). Indian EV and HV manufacturers will also be able to enter the UK market in a phased manner under a quota-based framework.   Japan   New vehicle sales in April were 332,000 units, reflecting an increase of 11.1% y/y (down 30.9% m/m).   According to GlobalData's analysis, April sales were up by double digits for the fourth consecutive month, after low levels of production and sales in the previous...

Market & Tech Reports  Updated at: 2025/05/26