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Great Wall Motor Enters Thailand, Further Increasing Presence of Chinese Automakers in Asia

2021-03-01 NEW

On February 9, 2021, Great Wall Motor held an online presentation on its Thai business, which is currently under preparation. Great Wall, a major Chinese automaker, announced its plan to enter the Thai market last year. In November of the same year, it completed the acquisition of GM’s Thai plant. Great Wall’s first-phase investment in the plant is estimated to be about 22 billion THB, and is scheduled to start operations in mid-2021. In the online announcement, the company revealed that it will launch the Haval and Ora brands in Thailand. Under these twRead more...

Date Country Category Report Title
2021.02.22 China Sales China: Automobile Production Overview for December 2020
2021.02.15 China Policy China: IT Companies Oligopolize the HD Map Market, Pushing New Entrants Away
2021.02.08 China Technology Policy Inceptio Plans to Launch Mass Production of Level 3 Heavy Trucks in 2021
2021.02.01 China Sales Policy China’s NEV Market Is Forecast to Surpass 1.5 Million Units in 2021
2021.01.25 China New Models Policy DiDi Leads BEV Development, Alters Business Model of Consignment Production
2021.01.18 China Sales Production Policy Tesla Sales Soar in China Following the Launch of Local Production
2021.01.11 China Market Policy DiDi Newly Launched Reasonably Priced Mobility Service and On-Demand Logistics Service

Japan’s Imported Vehicle Market Shrinks 8.7% to 318,000 Units in 2020

2021-03-01 NEW

The number of imported vehicles sold in Japan in 2020 decreased 8.7% from the previous year to 318,000 units, going down for the second consecutive year. Due to the consumption tax hike and the outbreak of COVID-19, sales fell below the previous year’s results for the first nine consecutive months, but sales increased in the final three months of 2020. German brands, which account for over 50% of all imported vehicle sales, as well as Swedish and UK brands declined double digits. The rate of decline of Italian brands was only 7.4% thanks to rising sales Read more...

Date Country Category Report Title
2021.02.22 Japan Sales Policy Honda Global Strategy: Teaming Up with OEMs to Advance CASE Technologies
2021.02.15 Japan Sales Japan’s Electric Passenger Vehicle Sales in November 2020
2021.02.08 Japan Sales Production Policy Daihatsu Motor’s Cooperation Strategy
2021.02.01 Japan Sales Japanese Automakers: Automobile Sales Overview for August 2020
2021.02.01 Japan Production Japanese Automakers: Automobile Production Overview for July 2020
2021.01.25 Japan Sales Japan’s Electric Passenger Vehicle Sales in October 2020
2021.01.18 Japan Policy Procurement Strategy: Honda Optimizes Operational Structures, Product Lineup, and Partnerships
2021.01.11 Japan Policy Daihatsu Motor’s New Procurement Strategy

Nissan Launches the Magnite to Turn Around Poor Sales in India

2021-03-01 NEW

In December 2020, Nissan Motor launched a new compact SUV, the Magnite, in India. The Magnite was designed and developed in Japan with a focus on the Indian market. It is produced in India by the Oragadam plant of Renault Nissan Automotive India. This model is included in Nissan’s business structural reform plan “Nissan NEXT,” as one of the 12 models scheduled to be released in 2021. Starting with the Indian market, the Magnite will be also launched in other emerging countries. The Magnite is based on the CMF-A platform and is the sister model of the Read more...

Date Country Category Report Title
2021.02.22 India Taiwan Sales Asian Motorcycle Sales in 2020: India Drops 23.2% But Remains the Largest Market in the World
2021.02.15 India Sales Production Policy Tata Motors Expands BEV Lineup, Consolidates Connected Services
2021.02.08 India Sales Production Policy Tata Motors’ Passenger Vehicle Business Developments
2021.02.01 India Sales Production Policy Suzuki Motor Launches New Plant, Localizes LiB in India to Maintain Top Share
2021.01.25 India Sales Production Policy Electric Motorcycle Startup Ather Energy Plans to Expand Charging Stations to 30 Cities in India
2021.01.18 India Policy Procurement Strategy: Suzuki Considers the Post-COVID-19 Strategy and Local Procurement in India
2021.01.11 India Sales Production Policy Mahindra & Mahindra Revamps Core Models, Launches New Engine to Maintain Competitiveness

Asia: Automobile Production Overview for November 2020

2021-03-01 NEW

Monthly production in Thailand increases for the 19th consecutive months. Automobile production of seven Asian countries in November 2020 dropped 8.7% year-on-year to 960.000 units. ASEAN: Thailand increased 11.9% to 172,000 units, going up for the 19th consecutive months. Production for exports rose 4.2% to 75,000 units and production for the domestic market went up 18.6% to 97,000 units. Indonesia fell 35.8% to 72,000 units. Production volume declined sharply due to the prolonged sluggish domestic sales. East Asia: South Korea decreased 6.3% to 324,Read more...

Date Country Category Report Title
2021.02.22 Malaysia Sales Policy Malaysia: 14% Decrease in Automobile Sales in 2020, but the Sales Volume Is Expected to Recover Soon
2021.02.15 Indonesia Market Policy Indonesia's Automobile Market Expected to Shrink by 49%
2021.02.08 Thailand Sales Production Policy Thailand: BOI Promotes EV Production Measures While Waiting for the Market Recovery
2021.02.01 Indonesia Sales Indonesia’s Motor Vehicle Ownership in 2020
2021.01.25 Asia (General) Sales Asia: Automobile Sales Overview for October 2020
2021.01.25 Asia (General) Production Asia: Automobile Production Overview for October 2020
2021.01.18 Thailand Sales Thailand’s Motor Vehicle Ownership in 2020
2021.01.11 Taiwan Sales Taiwan’s Motor Vehicle Ownership in 2020