Remove Auto Remove Market Remove Sale Remove Spain
article thumbnail

IHS Markit: global auto sales to drop 22% this year

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 —Colin Couchman, executive director, global autos demand forecasting at IHS Markit. million units. million units.

Global 150
article thumbnail

Tesla is touring Spain to give test drives to local communities

Teslarati

Tesla has been touring Spain and providing the local communities opportunities to test drive its best-selling electric vehicles. The company has been touring with its Model 3 and Model Y vehicles throughout Spain over the summer. EVs are in high demand yet Spain saw a decline for June. “Our Tesla on Levante Tour continues!

Spain 98
article thumbnail

CATL accelerates overseas expansion as it outgrows China’s booming EV market

Baua Electric

CATL is doubling down on its global expansion efforts as it seeks more growth in overseas markets. With CATL’s chairman now leading the efforts, the company is making overseas growth a top priority as it outgrows China’s surging EV market. share of the market. Despite incoming competition, CATL’s market share grew from 36.2%

Market 52
article thumbnail

Euro Big 5 auto markets up 8.6% in April, SUVs continue to dominate; shift in segment shares

Green Car Congress

Led by strong growth in Spain and Italy, new car registrations in Europe’s Big 5 markets grew by 8.6% million, April produced further gains across the top five European markets with SUVs driving higher volume and counting for 24.4% Germany continued to lead the market, with volume up by 8.4% market share at 116,400 units.

SUV 150
article thumbnail

BYD opens shop in the Caribbean with 10 new markets planned by the end of 2024

Baua Electric

China’s leading EV maker, BYD , is quickly gaining ground in overseas markets. The EV leader plans to enter ten new markets by the end of the year. After setting a new weekly sales record in early May, BYD nearly topped its all-time sales record last month. The Seagull EV is already rolling out in overseas markets.

BYD 52
article thumbnail

Fiat, French, MG boosted by way of condo automotive rebound in key relief markets

Baua Electric

French manufacturers Peugeot, Citroen and Renault and Italy’s Fiat benefited from a large rebound in condo automobiles gross sales latter year in 3 of Europe’s maximum frequent relief locations. Spain, in the meantime, used to be led by way of Volkswagen logo adopted by way of Peugeot and Seat.

Citroen 52
article thumbnail

Renault Group sells 2.23 million vehicles in 2023, India now 13th in Top 15 markets | Autocar Professional

Baua Electric

The Renault Group has increased its worldwide sales by 9%, compared to 2022, to 2,235,345 vehicles in calendar year 2023. In Europe, Renault recorded excellent growth and outperformed the market: +19.3% in Europe In Europe, the Group benefited from its products offensive by gaining market share: volumes up 18.6% Dacia brand: 14.7%

India 52