GlobalData blog: China’s auto market achieved steady growth in 2025 2025 was a challenging year for global politics and the world economy. On one hand, regional conflicts erupted in multiple regions, posing challenges to global energy supplies and maritime supply chains. On the other hand, protectionism gained momentum, with tariff barriers proliferating worldwide, further straining the global economy. Although the “reciprocal tariffs” intr...

News  Updated at: 2026/03/30

ealers Association (JADA), new registered (non-mini vehicle) vehicle sales in February were down 7.3% y/y to 244,000 units, with Toyota down 8.6% to 115,000 units, Honda down 8.2% to 30,000 units, Nissan down 10.4% to 22,000 units, and Suzuki up 17.6% to 16,000 units.   According to an analysis by GlobalData, the continued struggle in the Japanese market is attributed to the harsh economic conditions, as well as the rise in funding costs due to ...

Market & Tech Reports  Updated at: 2026/03/27

GlobalData blog: GlobalData revises forecasts down on Middle East conflict The conflict in the Middle East has continued to be a focus of concern through March 2026, and certainly since GlobalData’s Global Light Vehicle Sales Forecast (G LVSF) was published on March 10th, 2026. At the time of the G LVSF publication, we had reduced the forecast for the next few years to capture the evolving events.That adjustment focused on lowering the Middle E...

News  Updated at: 2026/03/26

56,452 units (26.2% share) and Stellantis was up 9.5% to 170,816 units (17.4% share), Renault Group was down 14.3% to 91,619 units (9.4 % share), Hyundai Group was down 3.6% to 70,661 units (7.2% share) and Toyota Group was down 3.9% to 67,631 units (6.9% share). ACEA press release on March 24, 2026GlobalData Automotive European Passenger Car Sales Update (February 2026) EU passenger car sales (Units) Feb. 2026 Share Y-O-Y Jan. ...

News  Updated at: 2026/03/25

GlobalData Global Light Vehicle Sales Update (February 2026) Global sales declined by 8.5%, 6.04 mn units and the selling rate improved to 86.6 mn units/year Summary Commentary For February, the Global Light Vehicle (LV) selling rate improved modestly to 86.6 mn units/year, on what was a weak start to 2026. In year-on-year (YoY) terms, the market declined 8.5% YoY due to a second consecutive sharp contraction in the Chinese PV market as sales to...

Market & Tech Reports  Updated at: 2026/03/24

GlobalData blog: How is Tesla’s pivot to robotics and AI likely to affect it going forward? Tesla has announced plans to wind down production of its Model S and Model X flagship models, with no successor programs confirmed, while retooling sections of its Fremont factory to support early production of its Optimus Gen 3 humanoid robot later this year.  The move marks the clearest signal yet that Tesla intends to diversify beyond its core vehicl...

News  Updated at: 2026/03/23

GlobalData blog: European light vehicle production and sales decouple as Chinese imports take off Despite the trials and tribulations of recent years, European Light Vehicle (LV) sales and production have largely shared the same fate, with both contracting by a CAGR of 3.8% and 4%, respectively, in 2019-23. However, since then, the relationship has started to diverge, with regional output declining by 3.9% in 2024 and 1.5% in 2025, while sales in...

News  Updated at: 2026/03/23

GlobalData blog: Will the Iran crisis derail the European truck market’s recovery in 2026? Since Israeli and US missile strikes on Iran began on 28 February, the effective closure of the Strait of Hormuz has jeopardised global oil and gas transport and is resulting in sharply spiking oil prices that are translating into soaring fuel and heating oil prices. More than a quarter of all sea-borne crude oil is transported via the Strait of Hormuz (~...

News  Updated at: 2026/03/11

GlobalData blog: Middle East auto sales outlook cut for 2026 as geopolitical tensions escalate Rising geopolitical tensions in parts of the Middle East are beginning to weigh on regional automotive demand expectations. The latest GlobalData industry outlook includes a meaningful downward revision to 2026 vehicle sales volumes amid escalating tensions involving Israel, the US and Iran, which have raised uncertainty across the region and increased ...

News  Updated at: 2026/03/11

GlobalData European Passenger Car Sales Update (February 2026) February growth held back by France; 2026 outlook tempered by energy-market risks Summary Commentary In February, results across much of Western Europe were positive, although a sharp contraction in France acted as a significant headwind and weighed on overall regional growth. Sales grew 1.4% YoY to 865k units. The selling rate improved to 12.8 mn units/year. Year-to-date (YTD) sales...

Market & Tech Reports  Updated at: 2026/03/09

Dealers Association (JADA), newly registered (non-mini vehicle) vehicle sales in January were down 4.2% to 229,000 units, with Toyota down 4.0% to 114,000 units, Honda down 4.5% to 27,000 units, Nissan down 17.2% to 19,000 units, and Suzuki up 25.4% to 16,000 units.   According to the analysis by GlobalData, in the coming months, it is expected that the rise in financing costs and weak consumer confidence will hinder annualized sales. The Bank ...

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

GlobalData blog: Proton’s 2030 vision: Navigating its ambitious targets and strategy In 2017, Geely Group acquired a 49.9% stake in Proton, becoming a Foreign Strategic Partner (FSP). The mission was clear: restore Proton as Malaysia’s top-selling brand and secure a top-three position in ASEAN by re-entering the Thai and Indonesian markets. By 2025, the partnership had yielded significant results, with Proton’s domestic sales surging to 152...

News  Updated at: 2026/03/02

GlobalData blog: Tackling Europe’s bus driver shortage The automotive sector is a dynamic industry, shaped by digitalization, innovation, and evolving regulations. Yet, one issue remains persistently difficult, and has become even more acute since the COVID-19 pandemic: driver shortages. At Busworld Europe 2025, industry stakeholders emphasized the urgency of overcoming this challenge and showcased a range of solutions, with particular attentio...

News  Updated at: 2026/02/27

28 units (26.7% share) and Stellantis was up 6.7% to 164,436 units (17.1% share), Renault Group was down 15.0% to 83,201 units (8.7% share), Hyundai Group was down 12.5% to 72,893 units (7.6% share) and Toyota Group was down 13.4% to 69,139 units (7.2% share). ACEA press release on 24, February 2026GlobalData Automotive European Passenger Car Sales Update (January 2026) EU passenger car sales (Units) Jan. 2026 Share Y-O-Y EU 799,625...

News  Updated at: 2026/02/25

GlobalData Global Light Vehicle Sales Update (January 2026) Global sales was down by 2.0%, 6.63mn units and the selling rate was 81mn units/year Summary Commentary For January, the Global Light Vehicle (LV) selling rate fell sharply to 81 mn units/year due to a steep contraction in the Chinese PV market. In year-on-year (YoY) terms, the market declined 2.0% as sales totaled 6.6 mn units globally. For the first time in an extended period, the US,...

Market & Tech Reports  Updated at: 2026/02/24

GlobalData blog: Navigating the transition: How PHEVs fit into Asia-Pacific’s electrified vehicle market Plug-in Hybrid Electric Vehicles (PHEVs) have expanded rapidly across the Asia-Pacific region and are increasingly positioned as a practical alternative to Battery Electric Vehicles (BEVs), particularly in markets where charging infrastructure, pricing, and consumer confidence in BEV technology are still developing. With some models offering...

News  Updated at: 2026/02/24

olding Group and Great Wall Motor registered 6,797 units and 6,775 units, respectively, while Hozon Auto and XPeng delivered 3,256 units and 2,783 units.   Among other brands, Tesla recorded 4,949 units, while BMW Group posted 2,311 units. Meanwhile, Thailand-based MINE Mobility reported 59 units. GlobalData blog GlobalData blog: Thailand’s shift toward a mixed Japanese-Chinese erahttps://www.marklines.com/en/news/337157 ASEAN Market Report AS...

Market & Tech Reports  Updated at: 2026/02/20

GlobalData blog: Has Chinese light vehicle demand peaked? Over the past decade, China has established itself as one of, if not the leading player in the global automotive sector, holding both the largest domestic sales volume and highest vehicle manufacturing output in the world.  That lead widened again in 2025. The country’s topline domestic Light Vehicle (LV) sales are estimated to reach a seven-year high of 26.9 mn units, up by 5.5% year-o...

News  Updated at: 2026/02/18

GlobalData blog: Chicago vs. Detroit: The shift to consumer-first auto shows US auto shows are increasingly moving away from major vehicle debuts and high-profile press conferences toward experiences designed primarily for everyday buyers. While the Detroit Auto Show—formerly known as the North American International Auto Show—has long been viewed as the country’s most important event due to its location in the heart of the domestic industr...

News  Updated at: 2026/02/18

” in 2024. In 2025, Chery Automobile partnership with King Gen PCL announced to jointly develop a Thai-branded EV.   Japanese manufacturers are showing signs of business restructuring, including consolidating production capacity, reducing model lineups, and the withdrawal of Subaru and Suzuki. A GlobalData automotive industry analysis reports on Thailand’s shift toward a mixed Japanese-Chinese era. This is likely to continue to have an impac...

Market & Tech Reports  Updated at: 2026/02/17