Chinese Automakers Step Up Exports to Emerging Markets, Strengthening Their Presence in Overseas Markets

2020-07-06 NEW

Chinese Automakers Step Up Exports to Emerging Markets, Strengthening Their Presence in Overseas Markets China’s automobile exports decreased 1.6% year-on-year in 2019 to 1.02 million units, of which passenger vehicles dropped 4.3% to 725,000 units, but commercial vehicles increased 5.7% to 299,000 units. The Sino-US trade friction and the decline in exports to Iran due to US economic sanctions on the Middle Eastern nation are thought to be the main causes of the decline. Against the backdrop of the stagnating Chinese automobile market, automakers haveRead more...

Date Country Category Report Title
2020.06.29 China New Models Sales Production Policy Geely Automobile Focuses on Connected and Autonomous Driving Technologies
2020.06.22 China Sales Policy Ford Motor Launches China-only Models, Localizes Lincoln Brand to Turn Around Sales in China
2020.06.15 China Production China’s xEV Passenger Vehicle Production Slows Down Significantly in 2019

Toyota Motor’s Sales Revenue and Operating Profit Slightly Decline in Fiscal 2019

2020-07-06 NEW

Toyota Motor’s consolidated business results for fiscal 2019 were 29.9 trillion JPY in sales, down 1.0% from the previous year, and 2.4 trillion JPY in operating profit, down 1.0% year-on-year. In addition to the Sino-US trade friction, results were also negatively impacted by the outbreak of the new coronavirus. Although the financial results were relatively solid, Toyota expects that the impact of the new coronavirus will appear more strongly from 2020 onward. While there are many uncertainties regarding the financial forecast for fiscal 2020, Toyota hRead more...

Date Country Category Report Title
2020.06.29 Japan Sales Production Suzuki Motor’s Improving Operating Income Was Dealt a Blow by the New Coronavirus in Q4 of FY 2019
2020.06.22 Japan Production Overseas Production of Japanese Automakers Declines in All Major Markets Except China in 2019
2020.06.15 Japan Technology Policy Toyota Motor Is Considering Commercialization of “Flying Cars” in the Early 2020s

India’s Automobile Sales by Segment in 2019 Decrease 13.4% to 3.85 Million Units

2020-07-06 NEW

India’s automobile market fell 13.4% year-on-year in 2019 to 3.85 million units. Structural factors include the country’s economic downturn and rising vehicle prices associated with compliance with stricter environmental and safety regulations. As a result, all segments declined apart from the small SUV and small MPV segments, underlining the rising popularity of small utility vehicles. Passenger car sales dropped 20.5% to 1.78 million units. Until 2018, the share of passenger cars in the Indian market had consistently exceeded 50%, but in 2019 it wasRead more...

Date Country Category Report Title
2020.06.29 India Sales Production Export India’s Motorcycle Production Drops in 2019 Due to Economic Downturn, Tightened Emission Regulations
2020.06.22 India Sales Production Export Policy Nissan Motor’s 2019 Production and Sales Drop Double Digits in India
2020.06.15 India Japan Sales Production Export Policy Suzuki Motor Expands Production Capacity and Sales Network in India to Remain on Top

Vietnam’s Automobile Sales by Segment in 2019 Increase 13.3% to 386,000 Units

2020-07-06 NEW

Vietnam’s automobile sales increased 13.3% year-on-year to 386,000 units. The double-digit increase was driven by SUVs whose market share went up 5.5pp to 23.7%. In addition, the Mitsubishi Xpander boosted demand for small MPVs in 2019, creating competition among segments. Passenger cars increased 4.2% to 162,000 units. Of which the segment-leader B segment rose 16.5% to 74,000 units. Vietnam’s best-selling model Toyota Vios sold virtually the same number of vehicles, over 27,000 units, as the previous year. The Hyundai Accent, ranked second in the B Read more...

Date Country Category Report Title
2020.06.29 Malaysia Sales Production Policy Malaysia’s Commercial Vehicle Sales Decline Double Digits Due to Restrained Public Investment
2020.06.22 Philippines New Models Sales Production Philippine Motorcycle Sales Reach Record High Level in 2019
2020.06.15 Indonesia Export Indonesia’s Automobile Exports Reach a New Record High in 2019
2020.06.15 S. Korea Sales Policy South Korea’s EV Sales in 2019 Increased by 12%, HEV/BEV Incentives Gradually Cutting Down