Car News_Automotive Industry News-Global NEVS

Auto Parts Companies Anticipate Sales Surge During Festival Season

Publish Date:2024/04/02

Sort:Supply Chain, General News

Brand:-

Country/Region:

Malaysia

Japan

Indonesia

As the 2024 Lebaran festival approaches, the demand for automotive components is expected to rise due to an increase in people traveling by private vehicles. The sales for Original Equipment Suppliers (OES) are projected to increase by about 10%. Companies such as SMSM, AUTO, and DRMA are preparing for the sales growth by launching new products, marketing campaigns for specific periods, and customer gatherings. Additionally, the government's tax incentives for electric vehicles could further boost the automotive parts industry.

Click original text link for more information

Source:GAIKINDO

Hot News

BYD Fangchengbao Unveils New Product Roadmap, Titanium 9 to Launch at End of November

At the Fangchengbao Formula Club launch event, the brand announced its product roadmap. The Titanium 9, a 6-seat flagship SUV with 6th-gen DM-i hybrid, Cloud-A suspension and God's Eye B 5.0 ADAS, will launch in late November. Titanium 6, Fangchengbao SL are set for 2027, and the Formula X EV supercar is expected to release next year.

Wuling Starlight M Real Car Exposed, Positioned as a Mid-to-large PHEV MPV

Wuling Starlight M real car has been exposed online. This mid-to-large PHEV MPV measures 5150/1920/1820(1800)mm with 3000mm wheelbase, features electric sliding doors, HarmonyOS cockpit, 2+2+3 7-seat layout and 2nd-row zero-gravity seats, powered by 1.5T PHEV system with 170km WLTC pure electric range.

Lynk & Co 900L to Make Global Debut on Nov 10, Positioned as 7-seat Flagship PHEV Full-size SUV

Lynk & Co announces its 7-seat flagship SUV 900L will debut globally on November 10. It measures 5280/1999/1810mm with 3170mm wheelbase, features 2.0T PHEV system, air suspension and roof-mounted LiDAR, and is scheduled to launch at the end of 2026.

MAEXTRO Launches Dual-track Layout, Maserati Design Tripartite Cooperation and 400-500k SUV Sub-brand Run in Parallel

According to media reports on November 9, 2026, the tripartite cooperation project between ‌MAEXTRO‌ and Maserati is named "Maserati Design", empowered by Huawei and manufactured at Jianghuai Zunjie Super Factory, with mid-size EV SUV and full-size EV GT scheduled for mass production in Q4 2027. Meanwhile, MAEXTRO plans to launch a new 400-500k SUV sub-brand, the two projects are independent.

All-new BMW iX3 to Launch on Nov 25, All-new i3 to Debut at Guangzhou Auto Show

BMW officially announces that the all-new iX3 will launch on November 25 with pre-sale price range 269,900-339,900 RMB, and the all-new i3 will debut at Guangzhou Auto Show on November 27. Both models are built on 800V high-voltage platform with 6th-gen eDrive system under national unified pricing.

ARCFOX Beta S3 LiDAR Swappable EV and Beta T1 Swappable EV to Launch on Nov 13, Co-building Swappable Battery Ecosystem with CATL

ARCFOX announces the Beta S3 535ULTRA+ LiDAR swappable EV and Beta T1 swappable EV will launch on November 13. The former features 192-line LiDAR, Yuanjing ADAS and 99s ultra-fast battery swap with 535km CLTC range, while the latter is equipped with CATL LFP battery, to jointly build an open shared swappable battery network.