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GlobalData revises forecasts down on Middle East conflict

GlobalData has just lowered its global light vehicle sales forecast for 2026.

Latest news

China’s auto market achieved steady growth in 2025

2025 was a challenging year for global politics and the world economy.

Global light vehicle market falters in February

Both China and US saw a notable decline in sales last month.

Honda, Sony reviewing the future of their BEV joint venture

Sony Honda Mobility announces cancellation of Afeela 1 and 2 models.

Skoda to exit China by mid-2026 as sales slide in EV-led market

The company’s deliveries exceeded 300,000 in 2016–2018 but slid to 15,000 last year.

Stellantis creates new advisory council with key European suppliers

New body aims for greater collaboration between Stellantis and European suppliers to address major challenges facing the industry.

Posco Future M’s investment highlights Vietnam’s rising role in EV supply chains

Chinese suppliers play a major role in global artificial graphite supply, but demand is growing for other sources with lower trade risk.

Valeo breaks ground on $225m manufacturing plant in US 

The Texas plant will produce General Motors’ central compute unit, a liquid-cooled system to process vehicle data.

GM to invest US$600 in its South Korean operations

GM Korea to remain a key manufacturing hub for compact SUVs.