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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

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million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. In 2021, China continued to lead the global auto market, with 26.27

India 218
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

Europe 261
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Study finds car dealerships pose significant barrier to EV adoption

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In 126 “mystery shopper” experiences at 82 car dealerships across Denmark, Finland, Iceland, Norway and Sweden, the team found that that dealers were dismissive of EVs; misinformed shoppers on vehicle specifications; omitted EVs from the sales conversation; and strongly oriented customers towards gasoline and diesel vehicle options.

Iceland 231
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China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

million in 2022, according to data from the China Association of Automobile Manufacturers. BYD will be facing some high tariffs in the US this year, but the automaker is pushing ahead with its global expansion, including in Europe. Chinese automakers expect to have sold some 9.4 million EVs and hybrids last year, a bump from 6.9

BYD 52
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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

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National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies. Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province.

Sweden 150
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Visits to Auto Expo 2023 exceeded 6.36 lakh

Electric Vehicles India

Additionally, 82 automobiles in all had their global or Indian debuts at the event. According to Vinod Aggarwal, President of the Society of Indian Automobile Manufacturers, the Show attracted 6,36,743 guests, the biggest number of visitors to an Auto Expo event. lakh people. lakh people.

Auto 52
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VinFast’s unutilized gross sales means has U.S. automotive sellers wary however

Baua Electric

It’s just too early to tell,” stated George Glassman, president of Glassman Car Workforce, which sells 5 automobile manufacturers outdoor Detroit. ” Officers at VinFast, which has opened 122 showrooms globally as of June with maximum at the U.S. “There is too much value extracted by serving dealers.

Sale 52