This all-in-one report provides a detailed review of the Volkswagen Group’s (VW) current position, covering its finances, sales performance to date, production forecasts, technology strategies, and future plans. Group structure Volkswagen AG is a German public company manufacturing cars, commercial vehicles, and components and providing a range of automotive services, including vehicle finance and car rental. There are three key shareholders, namely (with shareholdings as per 31 December 2...

This report provides a detailed review of Rivian’s current position, covering its finances, sales performance to date, production forecasts, technology strategies, and future plans. Company origins and evolution Rivian is a new electric vehicle (EV) company, following in the footsteps of Tesla. Similar with Tesla and other new entrants, such as Lucid and Fisker, Rivian has no legacy of internal combustion engine (ICE) and conventional transmission vehicles and existing production capacity ...

OEMs adopt various strategies around product development, technology selection, and collaboration with other OEMs, tier-1 suppliers, and technology players, as well as branding and packaging of options and standard features that improve the attractiveness of their vehicle and technology product offerings to gain a competitive advantage in the market. This report examines the automotive ecosystem, detailing such strategies of major OEMs and the key partnerships within it. Its scope extends fur...

As part of the 2022 New Year's Briefing, IHS Markit has compiled a presentation around analysis of its latest automotive semiconductor demand and capacity forecast.

CES 2022 was held in Las Vegas, Nevada, United States from January 5-7, with around 400,000 visitors, 744 exhibitors, and 936 speakers.

This is an in-depth analysis of current and future production strategies in the United States (US). Content includes an assessment of the domestic supply chain and vehicle companies’ sourcing arrangements, as well as the current automotive investment climate and activity in the country. All IHS Markit data is correct as of November 2021. Pre COVID-19, US vehicle production output was around 10.6 million units in 2019. In 2020, this fell to 8.6 million with the loss of production a functi...

This is an in-depth analysis of the current and future production strategies of Tesla. The report focuses on the OEM’s overall strategy, key suppliers and major technological developments. This is in addition to its manufacturing, R&D approach and insights into its sourcing processes and preferences, the limited information in this area released by the company notwithstanding. All data and analyses are correct as of October 2021. Tesla has been a notable disruptor to established OEM...

While Apple is yet to confirm or deny exploring vehicle development under the codename Project Titan, also referred as Chromium, a vast array of automotive stakeholders and commentators have been inquisitive of what may materialize from the so-called ‘Apple Car.’ Due to the secrecy around Apple’s car venture, a lot remains unknown or unconfirmed about the project from the manufacturing location(s), potential partners, and projected volume. This research note ...

IAA Mobility 2021 took place in Munich, Germany, from September 7-12.

This is an in-depth analysis of the current and future production strategies of the Hyundai Motor Group (HMG), including Hyundai and Kia. The report focuses on HMG’s overall strategy, key suppliers, and major technological developments. New directions, such as its E-GMP platform for electric vehicles (EVs) and the move into mobility services, are also discussed. Further to this, HMG’s sourcing processes and preferences are outlined, in addition to its manufacturing and research and dev...

This is an in-depth analysis of current and future production strategies within Association of South East Asian Nations (ASEAN), with a specific focus on the markets of Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Content includes an assessment of the main component suppliers and OEMs in the market, alongside each country’s global and regional roles, and strengths and weaknesses. The following table summarizes key economic indicators for the countries covered in this report...

The Auto Shanghai 2021 was the 19th International Automobile Industry Exhibition and took place at the National Exhibition and Convention Center Shanghai in China from 19-28 April 2021.

This is an in-depth analysis of current and future production strategies in South Korea. Content includes an assessment of the main component suppliers and OEMs in the market, alongside each country’s technological expertise areas. All data and analyses are correct as of 13 October 2020. South Korea’s economic stability has helped underpin its growth and rise in international prominence in recent years. The government has been very supportive of its manufacturing sector and has also back...

This report highlights high-level themes represented at the show and summarizes announcement details by company with key insights for how the technologies presented impact automotive and technology strategies and industries.

The focus of the 2020 Beijing Motor Show were intelligent cars and alternative drive systems. All renowned automotive manufacturers and suppliers as well as numerous startups participated in the 2020 show. 

This is an in-depth analysis of current and future production strategies within and for the Middle East and Africa (MEA), with a specific focus on the markets of South Africa, Morocco, Algeria, Egypt, Israel, Iran and Saudi Arabia. Content includes an assessment of the main component suppliers and OEMs in the market, alongside each country’s technological expertise areas. The following table summarizes key economic indicators for the countries covered in this report. These countries vary w...

An in-depth analysis of the current and future production strategies of BMW. This all-in-one report focuses on mapping the key components BMW uses as well as the suppliers that provide them. The OEM's technological developments and direction are also discussed, including that of its electrification and autonomy strategies. Further to this, BMW's sourcing processes and preferences are detailed, in addition to its manufacturing footprint. The term “BMW” in all data and graphs i...

An in-depth analysis of the current and future production strategies of Toyota. This all-in-one report focuses on mapping the key components Toyota uses as well as the suppliers that provide them. The OEM's technological developments and direction are also discussed, including that of its TNGA (modular architecture) and BEV ambitions. Toyota’s sourcing processes and preferences are detailed, in addition to its industry leading kaizen manufacturing and localization efforts.  The...

For the purposes of this report, South America covers the six vehicle-producing countries in the region: Argentina, Brazil, Colombia, Ecuador, Uruguay, and Venezuela. There are big disparities among these countries, both in terms of economy and automotive market size. Over the last decade, all six countries have enjoyed varying levels of investments by carmakers and automotive suppliers. Brazil has by far the biggest economy and automotive market in the region, both in terms of vehicle produc...

Daimler AG is at the peak of a decade-long aggressive growth plan, with sales and production at an all-time high of nearly three million units for each in 2019; double that of its 2009 figures. However, the premium vehicle manufacturer is now plateauing in these two areas and will continue to do so until at least 2025, according to IHS Markit forecasts. This is further to a significant drop in net income from around EUR11 billion in 2017 to just over EUR2 billion in 2019, as indicated in Daim...

An in-depth analysis of current and future production strategies within and for Mexico, including mapping the main component suppliers and OEMs in the market, along with its technology focuses. Mexico is ranked as the seventh largest vehicle producer in the world and is the largest vehicle producer in Latin America. The growth of the Mexican automotive industry was stimulated by the signing of the North American Free Trade Agreement (NAFTA) in 1994, which spurred on vehicle exports and att...

These presentations were given at the 2020 IHS Markit Spring Automotive Client Briefing - Europe (webinar) on  EV Charging Infrastructure and Connected Car.

An in-depth analysis of the current and future production strategies of Ford. This all-in-one report focuses on mapping the key components Ford uses as well as the suppliers that provide them. The OEM's technological developments and direction are also discussed, including that of its relatively delayed journey into electrification and the subsequent partnerships forged in order to catch-up with other car makers' efforts in this area. Ford's sourcing processes and preferences are revealed,...

This report highlights high-level themes represented at the show and summarizes announcement details by company with key insights for how the technologies presented impact automotive and technology strategies and industries.

The Los Angeles (LA) Auto Show is an annual car show held at the Los Angeles Convention Center in late November or early December.

Japan’s annual GDP growth for both the short and medium term will remain around 1%, with economic and demographic factors putting a damper on any higher growth. Continued trade frictions with China and US, and to a lesser extent South Korea, will impact exports in the short term and will need to be resolved to ensure stability. The global slowdown in the electronics and automotive sectors will also negatively impact Japan’s exports. The aging population is increasing the government’s...

The theme of the 2019 Tokyo Motor Show was “Open Future” focusing on cutting edge futuristic technologies including future mobility, flying cars, next-generation personalized mobility, autonomous driving, connected vehicles, and new energy-based vehicles.

An in-depth analysis of the current and future production strategies of General Motors, including mapping the use of components and their respective suppliers, along with upcoming technologies. AHSS Advanced high-strength steel MHEV Mild-hybrid electric vehicle AV Autonomous vehicle MPV Multi-purpose vehicle BEV Battery-operated electric vehicle OEM Original equipment manufacturer CNG Compressed natural gas ...

These presentations were given at the 2019 IHS Markit Fall Automotive Client Briefing in Detroit, Michigan.

The 2019 International Motor Show (IAA) took place at Frankfurt Am Main from 10–22 September 2019.

Economic growth is being negatively affected by the ongoing trade war with the US, which is beginning to take a toll on exports. This wildcard situation is creating uncertainty for consumers and investors. Public and private debt levels remain a concern, especially with the slowdown in the economy. Steps need to be taken to rein in credit in order to avoid a possible credit crunch. The further consolidation of President Xi Jinping’s power, by abolishing term limits in 2018, was surprising,...

The 2019 New York International Auto Show (NYIAS) took place at Jacob Javits Convention Center in New York, the US from 19–28 April 2019.

Macroeconomic Overview Economic Review   Economic outlook   Labor           The role of the chaebol   Exports   Light vehicle sales review and outlook Market review   Vehicle sales   Imported vehicles   Tax incentives and alternative-powertrain vehicles   Market ou...

The 2019 Geneva show was majorly focused around future trends for the automotive industry and conceptual technologies—electrification of vehicles and connected mobility, driverless vehicles, packages of digital services, and transportation services.

The 2019 North American International Auto Show (NAIAS) took place at Cobo Center in Detroit, Michigan, United States from 12-27 January 2019.

The annual CES continues to host the world’s automotive innovators to highlight the most cutting-edge technologies the industry can offer.

The Los Angeles (LA) Auto Show is an annual car show held at the Los Angeles Convention Center in late November or early December.

In 2016, the combined Hyundai Motor Group, including both the Hyundai and Kia brands, sold approximately 7.76 million vehicles worldwide, up 2% compared to 2015 but below the group's growth target of 8.13 million units for 2016. The group ranked the fourth highest strategic group in sales volume in 2016. Global Light Vehicle Sales by Strategic Group - 2013 to 2021 (Source IHS Markit Light Vehicle Sales Forecast Jan 2018)   Hyundai-Kia Strategic Group Sales by Sales Brand 2013 to 20...

The Renault-Nissan Alliance welcomed a third full member at the end of 2016 with the addition of Mitsubishi Motors. If the group partners were a single company, the Renault-Nissan-Mitsubishi Alliance  would represent the largest OEM in the world (by volume) having recorded combined sales of 10,608,366 units in 2017. As it is, the three OEMs remain separate entities, with a percentage of cross-company share ownership. World Light Vehicle Sales by Sales Parent 2013 - 2021 (2016 Actual) fro...

Groupe PSA is the 9th largest light vehicle OEM in terms of sales volume. In August 2017, PSA completed the acquisition of Opel/Vauxhall in Europe from General Motors (GM). The transaction has taken in all of Opel/Vauxhall's automotive operations. This includes the Opel and Vauxhall brands, six assembly facilities, five component manufacturing operations, its engineering centre in Rüsselsheim (Germany), and 40,000 staff. However, it excludes a powertrain engineering centre in Turin (Italy) whic...

In 2016, Mercedes-Benz overtook BMW as the world's leading premium passenger-car brand for the first time since 2005 with annual sales of 2.04 million units to BMW's 1.99 million units. The result was thanks to a strategy focused on expanding its core model range with new models in the compact sector based on the front-wheel drive MFA platform, as well as increasing its number of SUV and crossover offerings. Global Light Vehicle Sales for Mercedes-Benz Cars, BMW & Audi Mercedes-Benz is...

The Volkswagen Group (VW) has continued to ratchet up its sales volumes and global market share in recent years through expanding both its robust range of vehicle brands and nameplates and extending its geographic market footprint. VW delivered 10.3 million vehicles to customers worldwide in 2016, a rise of 3.8 percent compared with 2015 when it appeared that the company's recent sales growth phase was beginning to stall due to a number of reasons. Firstly, the high sales base already achieved r...

The shared use of vehicles has been available for decades, but ubiquitous connectivity has carried these business models into the 21st century under the label of mobility services. Perceived in the past as expensive or inconvenient, smartphones and cloud platforms now enable flexible, alternative use of cars as a product and are establishing mobility as a service and transforming personal mobility and the automotive, transportation, and technology industries. This report will analyze the curr...

Exhibit 1: IHS Markit Light Vehicle Sales Forecast 2013-2021 Exhibit 2: IHS Markit Light Vehicle Sales Forecast for Toyota brands, 2013-2021 Key financial performance values for Toyota Motor  CREDIT RATING (TOYOTA MOTOR) Long-term       MOODY'S Aa3       S&P AA-                 MAR...

Exhibit 1: IHS Markit Light Vehicle Sales Forecast 2013-2021 Exhibit 2: IHS Markit Light Vehicle Sales Forecast for BMW brands, 2013-2021 Exhibit 3: Key financial performance values for BMW AG CREDIT RATING (BMW AG) Long-term       MOODY'S A1       S&P A+                   &nbs...

The quality of relationships between global carmakers and their suppliers has marginally deteriorated in 2016, continuing a negative streak which started in 2014, according to IHS Markit’s SuRe index study. IHS Markit’s study is based on a unique global survey allows suppliers to rate 34 carmakers on a variety of matters, ranging from technology sourcing to profit-impacting factors as well as quality management and intellectual property protection matters. In 2016 average ratings dropped by ...

IHS Markit Light Vehicle Sales Forecast 2013-2021 FCA Brand Light Vehicle Sales Forecast 2013-2021 Key financial performance values for Fiat SpA CREDIT RATING (FIAT SPA) Long-term       MOODY'S Ba3       S&P BB       FITCH BB-                 M...

Economic conditions in India have improved over the years mainly owing to a stable political scenario in the country. GDP growth is on the rise and has been supported by external factors such as a sharp decline in prices of commodities including crude oil. While the positive outlook continues, it is expected to take a hit in the short term by the recent demonetization measures taken by the current Narendra Modi–led government.  Demonetization impacts GDP growth The surprising demone...

   Key financial performance values for Ford Motor Company CREDIT RATING (FORD MOTOR COMPANY) Long-term       MOODY'S Baa2       S&P BBB       FITCH BBB                 MARKET CAPITALISATION as of 12/31/2016 $47,683 Mil    ...

Within the ASEAN region, Indonesia ranks second behind Thailand as a top vehicle- producing nation. Although still churning out roughly half of the number of vehicles Thailand produces, 1.1 million units versus Thailand’s 1.9 million units – Indonesia is seeing big new commitments by carmakers, which will significantly boost vehicle production going forward. In 2015, it ranked as the 17th largest vehicle producer globally, a drop from 15th the previous year. Driven by a big, undeveloped dome...

In 2016, General Motors sold 6.532 million units worldwide, down 0.4% on that achieved in 2015. The company ranked fifth highest strategic group in sales volume in 2016. Global Light Vehicle Sales Volume by Strategic Group 2013 - 2021 (Source: IHS Markit LV Sales Forecast, March 2018) Following the rationalisation following bankruptcy and the divestment of its European operations, General Motors has gone from being one of the most prolific owners of global brands to a more focused, range o...

Light Vehicle Sales by Sales Group (Source: IHS Markit LV Sales Forecast - April 2018) Honda's global sales increased nearly 6% year on year  in 2016 to an all-time high to over 4.92 million units, posting its fifth consecutive year of growth.Looking ahead, IHS Markit expect the group’s sales volume to reach over 5.2 million units in 2017, reflecting an increase 7% year-on-year growth. This growth is forecast to moderate in the following years and will maintain an average sales volume ...

Tata was founded back in 1868 and the group is now a highly diversified operation covering more than 100 companies in manufacturing and services on a global scale.  Group revenue is over US$110bn, employing more than 600,000 people.  Each subsidiary operates independently, and many of them have their own public share listing.  Tata Motors is one of the 29 such publicly listed companies. Tata Motors consists of a passenger and commercial vehicle operation in India, largely focus...