Search results for: 'assembly me0a'

The Outlook assesses the automotive industry in 5 main ASEAN* markets: Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. The project covers passenger vehicles (PVs) and pickup trucks. Pickups are the most used and popular commercial vehicles (CVs) across different geographies and industries, including agriculture, in the region. Indonesi...

Latin America is evolving into a promising hub for light commercial vehicles (LCVs). With growing investments from global automotive players, the region is poised for increased output and innovation. Global and Chinese OEMs are intensifying efforts through local assembly, telematics integration, and alternative fuel adaptation to stay competitive a...

This study examines the automotive aftermarket in Mainland China, with a particular focus on light vehicles, including passenger vehicles and light commercial vehicles. The aftermarket encompasses all non-warranty replacement parts installed after the dealer sells the vehicle. Automotive parts are integral to the complete vehicle assembly and play ...

Generative AI (Gen AI) continues to create an impact across industries including automotive. In the next decade, Gen AI is expected to significantly influence automotive value chains, increase efficiency, productivity, and reduce wastes. In the supply chain, it will be used to optimize inventory and demand forecasting while in product development i...

The Association of Southeast Asian Nations (ASEAN) will be the fastest-growing economic bloc, growing at an average real GDP growth rate of 4.4% between 2024 and 2032. This growth will significantly outpace its own 3.3% growth recorded between 2018 and 2023. A young and growing workforce, coupled with rising labor force participation, will anchor p...

Nigeria, one of Africa’s largest economies, is diversifying to reduce its dependence on oil revenues and strengthen key non-oil industries. As the continent’s most populous nation, the country presents a rising demand for commercial vehicles, fueled by urban expansion, infrastructure projects, and growing trade activities. The automotive market is ...

BYD has evolved from a battery maker into the most dominant global EV player by building a vertically integrated ecosystem that few other automakers can match. Its strength lies in controlling every critical component of the EV value chain, especially batteries, semiconductors, and EV platforms, thereby keeping costs low and margins stable amid agg...