ing debt retirement charges from both periods were $61 million or $0.60 per diluted share in 2007 and $104 million or $1.01 per diluted share in 2006. The year-to-year comparison was negatively impacted by difficult industry conditions, including lower North American customer vehicle production and commodity inflation, as well as an adverse mix of products sold and a higher tax rate between the two periods. (From a press release on May 2, 2007) ...

Major Suppliers  Updated at: 2026/06/12

les in the market due to adequacy of vehicle stocks to serve the market requirements, the company said. Mahindra's car sales in April-June period were down 2% year-on-year to 60,224 units。 Mahindra & Mahindra has reportedly changed the structure of the XUV500 SUV released in 2011 due to a rise in commodity tax on SUVs. The ground clearance, which was 200mm, has been reduced to 160mm and a guard has been added under the engine to protect from un...

OEM Plants  Updated at: 2026/06/08

Egypt allocates EGP 5 billion for automotive industry in 2026/2027 fiscal year budget On May 31, the Ministry of Finance of Egypt announced that EGP 90 billion has been allocated in the new budget for the fiscal year 2026/2027 to expand programs supporting production, service, and commodity exports, and entrepreneurship activities. The Government has allocated approximately EGP 5 billion to support the automotive industry. Based on press release ...

News  Updated at: 2026/06/02

n the recent two months have reached USD 400 million. The current funding round witnessed the participation of industrial investors, who are expected to further boost Zeron’s industrial synergy and business expansion in core scenarios including mining transportation, industrial logistics and bulk commodity transportation. The introduction of international capital will also enable Zeron to strengthen its presence across global markets and receiv...

News  Updated at: 2026/06/01

ame powertrain with Xenon. On May 18, Tata Motors announced the supply situation over the next few months is likely to be adversely impacted by disruptions from Covid-19 lockdowns in India and semi-conductor shortages worldwide. It expects Q1 FY22 to be relatively weak due to this as well as rising commodity inflation and expect to improve gradually from the second quarter. On December 22, Tata Motors announced that it has incorporated a wholly-o...

OEM Plants  Updated at: 2026/06/01

tinued rollout of Chinese models—especially as more locally assembled vehicles reach consumers.At the time of writing, the duration and broader implications of the conflict in the Middle East remain uncertain. In general, South America is not expected to be among the most impacted regions. Higher commodity prices could, in principle, support Brazil’s economy—echoing the early-2010s commodity upswing that helped underpin Brazil’s peak auto...

Market & Tech Reports  Updated at: 2026/04/30

Co., Ltd. (SPICHE). The 200 delivered HFCVs, jointly manufactured by DFAC, DFCV, and SPICHE, mainly include five models: 4.5t ambient temperature vans, 4.5t refrigerator vans, 18t vans, 31t dump trucks, and 49t tractors, and will be used for urban delivery, dreg transportation and dumping, and mass commodity transportation in Wuhan. In the future, DFM subsidiaries such as DFCV and DFAC will continue to strengthen in-depth cooperation with SPICHE ...

OEM Plants  Updated at: 2026/04/29

On June 16, FAW Jiefang signed a strategic cooperation framework agreement with Xiamen C&D Inc. (Xiamen C&D) in Xiamen. The two companies will launch multi-level specific cooperation in areas such as international investment, vehicle procurement and sales, logistics and warehousing, and the bulk commodity supply chain. On July 2, FAW Jiefang announced that to fully implement its strategic industrial plan, it plans to invest in eight markets o...

OEM Plants  Updated at: 2026/04/20

9% over the previous year. A decrease in sales of USD 65 million was driven by decreased sales volumes and mix as a result of lower battery back volumes. In addition, the Company’s exit of the charging business caused a decline in sales of USD 56 million. A decrease in normal contractual customer commodity pass-through arrangements caused a decline in sales of USD 31 million. The decline in sales was partially offset by positive currency transl...

Major Suppliers  Updated at: 2026/04/16

the Peugeot 208 as well as VW Group EV models. The sales of Brembo cast iron rotors are increasing not only in the high-end market but also in high-volume segments, and their adoption in major models such as the Peugeot 508, Mercedes-Benz C-class, and Alfa Romeo Giulia, is expanding, making them a commodity. Brembo brand pads, which were not widely used in the past, are now being used in high volume segments such as the Mercedes-Benz C-Class and...

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

otorcycles India Best New Model Development Suzuki Motorcycles India Best cost Improvement Mahindra - SPD On Time Order Fulfilment Award' (Chakan Plant) Tata Motors Quality Excellence MSIL Inner Part Localisation Bajaj Auto JIPM TPM Excellence Consistency Mahindra Electrical Proprietary Commodity R&D Expenditure (in million INR)   FY ended Mar. 31, 2025 FY ended Mar. 31, 2024 FY ended Mar. 31, 2023 Overall 1,010.34 ...

Major Suppliers  Updated at: 2026/03/16

atility regime triggered by a major global crisis (such as the GFC or COVID-19), a sharp drop in oil prices may occur alongside a sharp drop in business confidence. Conversely, a prominent example of a high-volatility period when both oil prices and business confidence rose in tandem was the global commodity boom 2003 – 2007. In these periods, oil prices act as a real-time barometer for global economic health and are read as such by businesses....

News  Updated at: 2026/03/11

apan. The completely built-up (CBU) Serena S Hybrid has been imported from Japan and marketed in Malaysia since 2013. However, the company has started the local assembly of the new model to take advantage of a new policy under which hybrid vehicles produced in CKD form in Malaysia are exempted from commodity taxes until the end of 2015. Prices of the new model range between MYR 138,800 and MYR 149,500, about MYR 10,000 less expensive than the pre...

OEM Plants  Updated at: 2026/03/06

Mexico is in the middle of an expansion process to double its production capacity, company officials revealed to local media. By 2020, the facility will increase its output to 700,000 engines a year from the current production rate of 350,000, according to Marc Riera Schoengarth, Volkswagen Mexico Commodity Manager. The additional engines will be supplied to the Puebla Assembly plant replacing those that are currently imported from Germany. The ...

OEM Plants  Updated at: 2026/03/03

ElevenEs raises funding for battery cell mega factory in Serbia On February 18, ElevenEs completed the first closing of its Series B investment round, backed by Caterpillar Venture Capital, Inc. a subsidiary of Caterpillar Inc. Additionally, an affiliate of BST (HK) Ltd., a leading Hong Kong-based commodity trading house, participated in the round. The proceeds will be used for the initial phases of infrastructure and equipment toward the planned...

News  Updated at: 2026/02/19

d 16 T & above heavy-duty trucks in Europe have seen sharp increases in demand. Demand outlook provided by the OEM's is quite robust going ahead. There are certain uncertainties which could hamper the progress of the industry including the shortage of ships, container shortage and sharp increase in commodity prices. (From a press release on June 4, 2021) In its annual report for FY 2020-21, Bharat Forge announced that it aims to achieve 5-6% mark...

Major Suppliers  Updated at: 2026/02/12

pressures will persist. Management will reassess supply constraints in three months. Q3 growth included "postponed demand" from H1 and "preponed demand" from Q4 and FY 2027, indicating elevated demand may not be sustainable beyond the GST reform period. The company has not increased prices despite commodity pressures from precious metals and rare earth elements, citing ethical considerations following the government's tax reduction. Based on Mar...

News  Updated at: 2026/02/03

Co., Ltd. (SPICHE). The 200 delivered HFCVs, jointly manufactured by DFAC, DFCV, and SPICHE, mainly include five models: 4.5t ambient temperature vans, 4.5t refrigerator vans, 18t vans, 31t dump trucks, and 49t tractors, and will be used for urban delivery, dreg transportation and dumping, and mass commodity transportation in Wuhan. In the future, DFM subsidiaries such as DFCV and DFAC will continue to strengthen in-depth cooperation with SPICHE ...

OEM Plants  Updated at: 2026/01/28

er since 2014. For 2025 as a whole, sales totaled 2.55 mn units, up by 2.6% YoY, the highest annual volume since 2019. The market continues to be supported by an increasing presence for Chinese brands, while electrification is also on the rise. With that said, volumes are well below levels from the commodity boom heyday between 2009 and 2014, when simple, mass market models ruled the roost. In Argentina, sales totaled 22.4k units in December, up ...

Market & Tech Reports  Updated at: 2026/01/21

& Polymer Products)Innovation Award for Outstanding Contribution (Lighting & Electronics)Innovation for Electric SUVs (Lighting & Electronics)Appreciation for Launch of Electric SUVs (Lighting & Electronics)Best Overall Performance (Wiring Harness)Superior Performance in Electrical and Electronics Commodity (Wiring Harness)Valuable Contribution for Electric SUVs (Vision Systems)Appreciation for Launch of Electric SUVs (Vision Systems)Special App...

Major Suppliers  Updated at: 2026/01/07