US vehicle market cooled down in November

BYD adds PHEV in Japan; US cuts Korean tariffs; Symbio restructuring deal

Share with friend    View in browser DECODED Automotive December 04, 2025 SPOTLIGHT READ US vehicle market down in November but outlook brighter Despite November's decline, there is upward pressure on GlobalData's US market forecast. LATEST NEWS IN YOUR INDUSTRY BYD launches first PHEV in Japan Expands market coverage from just BEVs.   UK car market down 1.6% in November Electrified vehicles mark third consecutive month with over 50% share.   US cuts tariffs on South Korean imports to 15% Lower duty rate effective retroactively from the beginning of November.   Michelin, Forvia, Stellantis seal restructuring deal for Symbio Despite the downsizing, Symbio intends to maintain and develop its core hydrogen technologies.   Inteva Products acquires selected European assets from IAC Group As a result of the acquisition, Inteva's global workforce increases to 12,000 employees, operating across 37 sites worldwide.   Kia opens PBV experience centre in Pyeongtaek, South Korea The facility is designed as a dedicated venue where business clients and general visitors can view the full PBV range.   Sumitomo Rubber to acquire Dunlop brand rights in Malaysia, Singapore and Brunei Nikkei Asia reported that the deal value is expected to be slightly below Y1bn (approximately $6.44m).   EcoPro completes new cathode plant in Hungary Production capacity to be expanded to 108,000 tons in 2026. Deep Dive into Data Centers' Next Frontier: Oceans and Space: Strategic Intelligence The growing popularity of AI, cloud services, and digital applications is driving unprecedented demand for computing power, placing huge pressure on traditional land-based data centers. These facilities face challenges, including high energy consumption and substantial water use, especially in drought-prone regions. To address these challenges and meet the needs of increasingly complex AI workloads, alternative environments must be explored. Oceans and space offer abundant cooling, energy, and deployment flexibility, positioning them as the next frontier for data center infrastructure. Request a Sample Transform your B2B approach with our marketing solutions Engage and influence key prospects with industry-leading business intelligence and award-winning journalism, trusted by Coca-Cola, Siemens, and many others. Interested in learning more? Request Demo Expand your subscription to other sectors   Subscribe to our other newsletters here. Was this email forwarded to you? Sign up here. Prefer a podcast? Instant Insights ranks in the top 10% of podcasts globally - follow us on Spotify, Apple, YouTube, and Amazon Music.   What keeps your CEO up at night? Generative AI, ESG, and disruptive technologies.  What is thematic intelligence and why do business executives need it?   Predict the future Find business opportunities based on 150 million+ signals showing what your customers and competitors will do in the next 5 years. GlobalData  At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.  GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom   Unsubscribe  |   Manage Preferences London