Core Insights - In the first ten months of the year, Croatia sold a total of 60,896 new cars, representing an increase of 4,754 vehicles or 8.5% compared to the same period last year [1] - In October alone, 5,158 new cars were registered, which is an increase of 798 vehicles or 18.3% year-over-year [1] - The most popular car brands in Croatia are Škoda, Volkswagen, Opel, Renault, and Suzuki [1] Sales Data - The breakdown of new car sales by fuel type for the first ten months shows that 48.3% were gasoline vehicles, 36.1% were hybrid vehicles, 12% were diesel vehicles, 1.9% were gasoline-powered vehicles, and 1.6% were electric vehicles [1]

Core Insights - The European automotive market is experiencing a significant shift towards electric vehicles, with approximately 1.3 million pure electric vehicles registered in the first nine months of the year, accounting for 16.1% of total new car registrations [1] Electric Vehicles - Pure electric vehicle registrations increased to about 1.3 million, representing a growth of 38.3% in Germany, 12.4% in Belgium, and 3.9% in the Netherlands [1] - Hybrid electric vehicles (HEVs) saw registrations rise to approximately 2.79 million, making up 34.7% of the market [1] - Plug-in hybrid electric vehicles (PHEVs) registered around 723,000 units, which is 9% of the total market [1] Traditional Vehicles - Gasoline vehicle registrations fell by 18.7%, with all major markets experiencing declines; France saw the largest drop at 32.8%, followed by Germany (-23.5%), Italy (-16.6%), and Spain (-13.2%) [1] - The market share of gasoline vehicles decreased from 34.4% in the same period last year to 27.7% [1] - Diesel vehicle registrations dropped by 24.7%, holding a market share of 9.3% [1]

Core Insights - The EU automotive market experienced a year-on-year growth of 0.9% in the first three quarters, marking three consecutive months of recovery, with a significant 10% increase in September alone [1] Market Performance - The electric vehicle (EV) market is showing a continued structural differentiation, with battery electric vehicles (BEV) accounting for 16.1% of the market share, up from 13.1% year-on-year, totaling 1.3 million registrations [1] - Germany saw a remarkable growth of 38.3% in BEV registrations, while Belgium and the Netherlands grew by 12.4% and 3.9%, respectively. France experienced a slight decline of 0.2% year-to-date but had an 11.2% increase in September [1] Hybrid and Plug-in Hybrid Vehicles - Hybrid electric vehicles (HEV) remain a preferred choice, capturing 34.7% of the market share, with growth observed in France, Spain, Germany, and Italy [1] - Plug-in hybrid electric vehicles (PHEV) increased their market share to 9.0%, with 723,000 registrations, showing significant growth in Spain (105.2%), Germany (63.9%), and Italy (72.6%) [1] Traditional Fuel Vehicles - Traditional fuel vehicles are under pressure, with gasoline vehicle registrations declining by 18.7% year-on-year, reducing their market share from 34.4% to 27.7% [1] - Diesel vehicle registrations fell by 24.7%, resulting in a market share decrease to 9.3% [1]

Group 1 - The core point of the article highlights the growth of hybrid vehicle imports in Jordan, with a total of 6,834 units imported in the first half of 2025, representing a 31% year-on-year increase [1] - In contrast, the overall vehicle clearance from the Zarka Free Zone to the domestic market decreased to 30,782 units, a decline of 9% year-on-year [1] - The clearance of electric vehicles fell to 18,816 units, down 17%, while diesel vehicle clearances dropped by 31% to 2,379 units; gasoline vehicle clearances remained stable at 2,753 units, with a slight increase of 3% [1] Group 2 - The re-export activities in the Jordan Free Zone showed strong growth, with 39,641 vehicles re-exported in the first half of the year, marking a 67% increase [4] - The strong growth in re-exports indicates a response to regional market demand, particularly from Syria and Iraq, highlighting the need for regulatory clarity and a stable investment environment [4] - Jordan imposes tariffs of 60%-100% on imported hybrid and fuel vehicles, while only a 10% tariff is applied to electric vehicles, making the market more favorable for electric vehicle imports [4] Group 3 - In March 2023, BYD became the first Chinese electric vehicle company to enter the Jordanian market, launching four electric models in partnership with local dealer Mobility Solutions Auto Trade Company [6] - Other Chinese automakers, such as Great Wall Motors and Changan, have also made moves to enter the Jordanian market, with various agreements signed for local vehicle adaptations and product launches [6][9] - However, Chinese car manufacturers face challenges from established brands like Toyota and Hyundai, which have a strong presence and supply chain in Jordan, necessitating efforts in quality assurance, local supply chain establishment, and brand marketing [9]

Key Points Summary Industry Overview - The heavy-duty truck (HDT) industry experienced a significant increase in sales, with June sales reaching 65,000 units, showing both year-on-year and month-on-month growth, driven by the vehicle replacement policy [1][2][3] - The market share of diesel trucks rose to 52%, with a month-on-month increase of 5%-6%, primarily benefiting from the demand for replacing National IV standard vehicles, especially in the cargo and special vehicle sectors [1][5] Sales Performance - June sales of natural gas heavy-duty trucks declined by 22% year-on-year and 10% month-on-month, with an expected sales volume of 12,600 units, impacted by the delayed implementation of replacement policies and narrowing oil-gas price differentials [1][6] - Electric heavy-duty trucks performed exceptionally well in June, with expected sales exceeding 16,000 units and a penetration rate of approximately 24%, benefiting from lower operating costs [1][5][12] - Export volume for heavy-duty trucks in June was 26,000 units, reflecting a year-on-year growth of nearly 10%, with Southeast Asia, Africa, and the Middle East compensating for declines in the Russian market [1][7] Future Market Expectations - The heavy-duty truck market is expected to continue rapid growth in the second half of 2025, driven by a low base from the previous year and the full implementation of replacement policies, with average monthly sales projected to reach 75,000 to 90,000 units from July to December [1][9][10] - Total domestic heavy-duty truck sales for 2025 are estimated at 750,000 units, with exports of 300,000 units, marking a total of approximately 1.05 million units, a year-on-year increase of about 150,000 units [1][10] Electric and Natural Gas Truck Trends - The electric heavy-duty truck market is projected to grow significantly, with expected sales of 180,000 units in 2025, doubling year-on-year, while natural gas heavy-duty trucks are expected to see a 10% growth, reaching 200,000 units [1][11][12] - The future of electric and natural gas heavy-duty trucks looks promising, with electric trucks benefiting from low operating costs and environmental advantages, while natural gas trucks are expected to recover sales as diesel prices rise [1][12][13] Competitive Landscape - Traditional heavy-duty truck manufacturers maintain a competitive edge due to their established supply chains, while new entrants in the electric truck market face challenges related to product differentiation and market share [1][20] - Great Wall Motors has introduced a hybrid heavy-duty truck targeting urban short-haul logistics, utilizing a unique DHT system to reduce fuel consumption by 15%-20%, although its market share may be limited due to weak distribution and service networks [1][23][24] Policy Impact - The vehicle replacement policy has been a significant driver of sales in the heavy-duty truck market, with its full implementation across provinces leading to increased sales in June [2][16] - Future policies are expected to continue supporting the market, particularly the vehicle replacement initiative, which is anticipated to stabilize and promote growth in the heavy-duty truck sector [1][16]

Group 1 - The executive from Maruti Suzuki stated that there are differences in profit margins for hybrid vehicles compared to gasoline and diesel vehicles, indicating that hybrid cars should not be taxed at the same rate as traditional fuel vehicles [1]