id vehicles. In succession to an SUV "Rush" produced by Daihatsu Indonesia under the OEM contract and launched in December 2006, Toyota-Astra plans to import a new sedan "Vios" from Thailand to be put on the market in April 2007. It will also launch a new "Vios" based "Limo," an exclusive model for taxi use and will deliver 2,000 units a year to the Blue Bird Group, the largest taxi operator in Indonesia. PT. Toyota Motor Manufacturing Indonesia ...

OEM Plants  Updated at: 2025/12/25

Spain extends EV purchase and charging tax incentives until 2026 On December 23, the Council of Ministers of Spain agreed to extend tax benefits for individuals and businesses that buy EVs or install EV charging points, with personal income tax deductions of up to 15%. These measures are part of a Royal Decree-Law that extends social protection policies until 2026. Additional energy-related incentives will also remain in force until the end of 20...

News  Updated at: 2025/12/25

. 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. On March 22, SEAT S.A. announced that it will lead the Volkswagen Group's cluster for the development of Small BEV, the family of cars t...

OEM Plants  Updated at: 2025/12/25

. 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: 2025/12/25

expanding the range of powertrain options available, which includes gasoline (TSI), diesel (TDI), mild-hybrid (eTSI), plug-in hybrid (e-HYBRID) and now compressed natural gas (TGI). A CNG vehicle reduces CO2 emissions by about 25% compared to a gasoline driven equivalent. As well as ecological and tax benefits, TGI technology offers exceptionally low costs per kilometer, up to 50% cheaper than a gasoline equivalent model and 30% cheaper than a d...

OEM Plants  Updated at: 2025/12/25

JTKET India to expand capacity for its CVJ line JTEKT India to expand capacity of its MS-Gear line JTEKT India updates about new product development JTEKT India announces INR 2.5 billion investment for new factory in Gujarat Sona Koyo Steering Systems Ltd. announced that its standalone profit after tax rose 39% in fiscal year 2015-16, to INR 250 million versus INR 180 million in 2014-15. In a regulatory filing, Sona Koyo reported that its total r...

Major Suppliers  Updated at: 2025/12/25

785.14 million in financial year 2024-25 as compared to INR 33,032.13 million in financial year 2023-24, a growth of 8.3%. It reported a 10.6% growth in EBITDA to INR 3,242.05 million, largely due to volume growth across business units viz 2&3 wheelers, Passenger cars. The Company’s profit before tax stood at INR 2,847.23 million, an increase of 13.9% over the financial year 2023-24. Profit after tax of the Company was pegged at INR 2,118.67 mi...

Major Suppliers  Updated at: 2025/12/25

Green plant has been producing the "Corvette" since 1981 with current employees standing at about 400.It is scheduled to continue production of the current sixth generation for at least the next, while preparing for production of the next generation. The Kentucky State will provide $7.5 million in tax incentives for this expansion project. GM Korea held an event on April 30 to demonstrate the U.S. made "Chevrolet Corvette" sports car, which will...

OEM Plants  Updated at: 2025/12/25

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 uneven roads...

OEM Plants  Updated at: 2025/12/24

ce its work schedule or even interrupt its activity, which has led to dissatisfaction among employees. On June 2, Renault informed that the new bi-fuel petrol and LPG TCe 100 ECO-G engine, revealed at the Brussels Motor Show on Duster, is now available (in France) to order from EUR 10,960 including tax. The models equipped with this engine are Dacia Duster, Sandero, Sandero Stepway, Logan and Logan MCV. Right from its conception, the petrol engin...

OEM Plants  Updated at: 2025/12/24

ng year-over-year (y/y) growth despite the relatively high base in the same period in 2024. Amid a series of preferential policies from the central and regional governments, the New Energy Vehicle (NEV) market was robust. A purchase rush emerged prior to January 2026 adjustments to the NEV purchase tax policies and drove automakers to seize the window for year-end policy changes, maintaining a rather fast production and supply pace. On the other ...

Automotive Production Data  Updated at: 2025/12/23

selling days, one fewer than a year earlier. Light vehicle seasonally adjusted annual rate (SAAR) for November was 15.6 million units versus 16.5 million units one year ago.According to U.S. media reports, EV demand has weakened sharply following the expiration of the USD 7,500 federal EV purchase tax credit at the end of September. Additionally, as tariffed vehicles gradually replace non-tariffed inventories, prices have been rising and sales h...

Automotive Sales Data  Updated at: 2025/12/23

ng year-over-year (y/y) growth despite the relatively high base in the same period in 2024. Amid a series of preferential policies from the central and regional governments, the New Energy Vehicle (NEV) market was robust. A purchase rush emerged prior to January 2026 adjustments to the NEV purchase tax policies and drove automakers to seize the window for year-end policy changes, maintaining a rather fast production and supply pace. On the other ...

Automotive Sales Data  Updated at: 2025/12/23

Double 12 shopping festival to strive for annual sales targets with all their might. Despite the fact that the expiration of the subsidy policies for automobile trade-in added to consumers’ wait-and-see sentiment, the release of year-end demand for new vehicles and the anticipation of a purchase tax subsidy phase-out were driving the market to restore regularity and seasonality. Concurrently, the competitive environment in the automotive indus...

News  Updated at: 2025/12/23

embly line and equipment meant to manufacture Ashok Leyland's light commercial vehicles. The assets, which Ashok Leyland is referring to, are installed at the Renault-Nissan's Oragadam plant in Chennai. The joint venture between Nissan and Ashok Leyland is facing an INR 2.02 billion (USD 3 million) tax demand over non-fulfillment of export obligations. The Indian customs department has sent out a demand notice to Renault Nissan Automotive India. ...

OEM Plants  Updated at: 2025/12/23

passenger car unit suffered an operating loss of 22.8% to INR 6.2 billion, whereas the agricultural equipment unit recoded a 36.3% increase of operating profit to INR 5.3 billion. Mahindra & Mahindra Ltd. has announced its financial results for the quarter ended December 31, 2013. Net profit before tax grew 12% compared to the same period last year at Indian Rupee (INR) 13.18 billion while net profit after tax was INR 10.01billion, up 9.3% on a y...

OEM Plants  Updated at: 2025/12/23

re was also predicted for the Amarok, "Amarok has momentum for the next two or three years," Puig said, drastically reducing the 10-year lifespan predicted by Pablo Di Si, ex CEO of VW Latin America. The manager also mentioned other factors affecting the OEM in the country, such as Argentina's PAIS tax, and current state of Argentine market. On August 22, it was announced that VW Argentina has laid off over 300 workers from its plants in Pacheco ...

OEM Plants  Updated at: 2025/12/23

r production for November increased 2.2% over the previous year to 62,829 units. New car production for the first eleven months of 2025 decreased 6.4% from the same period in 2024 to 680,173 units.According to MAA, sales were still high amid a rush to purchase CBU battery EVs ahead of the expiry of tax exemptions at the end of December, as announced under the 2026 Budget. The strong momentum is expected to continue into December 2025. Malaysia - ...

Automotive Production Data  Updated at: 2025/12/22

r production for November increased 2.2% over the previous year to 62,829 units. New car production for the first eleven months of 2025 decreased 6.4% from the same period in 2024 to 680,173 units.According to MAA, sales were still high amid a rush to purchase CBU battery EVs ahead of the expiry of tax exemptions at the end of December, as announced under the 2026 Budget. The strong momentum is expected to continue into December 2025.Malaysia - S...

Automotive Sales Data  Updated at: 2025/12/22

late economic growth. Among the proposed measures is a fund to cover losses on repossessed pickup trucks, providing up to THB 50,000 per vehicle. This initiative is designed to encourage banks to increase pickup truck loans by at least 30% compared with 2024, boosting sales, production, and related tax revenue. Thailand - Production and Retail Sales of new vehicles Aug. 2025 Aug. 2024 Growth Y-o-Y (%) Jan.-Aug. 2025 Jan.-Aug. 2024 Growth YTD ...

Automotive Production Data  Updated at: 2025/12/22