Remove Asia Remove Automobile Remove Market Remove Sale
article thumbnail

Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
article thumbnail

Suzuki Motor eyes record year, India to drive global sales | Autocar Professional

Baua Electric

Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. In its forecast for Japanese FY-24 (Indian FY-25), the presentation added, “Expect record sales and profits due to higher unit sales.

Suzuki 52
article thumbnail

Honda studying collaboration with Grab for motorcycle sharing services in Southeast Asia

Green Car Congress

to begin discussion toward collaboration in the area of motorcycle sharing services in Southeast Asia. Grab provides ride-hailing platform through which users share and utilize automobiles and motorcycles. Honda Motor Co., recently signed a memorandum of understanding (MOU) with Grab Inc.,

Asia 150
article thumbnail

Chinese language automakers to take hold of majority percentage of home gross sales for first week, forecast says

Baua Electric

AlixPartners forecast China’s total auto gross sales would develop 3 p.c million automobiles, convalescing to the extent of gross sales prior to COVID-19. million automobiles in 2030, when it projected greater than part of automobiles offered in China could be EVs. in South East Asia and South Asia.

Chinese 52
article thumbnail

Navigant Research tags Jiangsu Xinri E-Vehicle Company as leader in e-scooter market

Green Car Congress

According to a new Leaderboard report from Navigant Research, Jiangsu Xinri E-Vehicle Company is the best positioned company in the global e-scooter market in terms of strategy and execution. Sales of e-scooters in China alone are expected to reach 9.4 Sales of e-scooters in China alone are expected to reach 9.4

Market 210
article thumbnail

Yokohama Rubber’s ADVAN tires to come factory-equipped on the new Lexus RZ BEV

Green Car Congress

announced that it is supplying its ADVAN V61 tires to Lexus for use as original equipment (OE) tires on the new RZ, the Lexus brand’s first dedicated battery electric vehicle (BEV), which was launched in Japan and other countries, including in Europe and Asia, from this March. The Yokohama Rubber Co.,

Lexus 273
article thumbnail

Report: Honda targeting 80% growth in global auto sales by 2020 with focus on emerging markets

Green Car Congress

is seeking to increase annual worldwide automobile sales by 80% over the next decade from the estimated 3.61 Honda’s global sales rose slightly more than 40% over the past 10 years. The Nikkei reports that Honda Motor Co. million units for this year to about 6.6 million in 2020.

Honda 186