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Maruti Suzuki to cut down production this festive season amid sales slowdown

Baua Electric

By: HT Auto Desk | Updated on: 21 Aug 2024, 11:18 AM Maruti Suzuki’s sales dropped by 9.64 per cent in July as the carmaker reduced vehicle dispatches to dealers amid moderation in demand. India’s largest carmaker is planning to reduce production soon amid slowdown in demand and rising stockpile.

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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The American EV manufacturer is reportedly trimming production output at Giga Shanghai.

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Confirmed! China’s Leapmotor to go on-sale in Australia in 2024 with C10 SUV

EV Central

Beyond that it has a variety of existing models it could add here quickly including the Mini-sized T03 electric car that has already been confirmed for European sale. Leapmotor International future product plan. Leapmotor franchises will be offered to existing members of the Australian Stellantis dealer network. Leapmotor C01.

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Car sales continue to drop in August as major auto manufacturers report dip

Baua Electric

Sales of mini segment cars, comprising Alto and S-Presso , declined to 10,648 units last month as against 12,209 units a year ago. In a virtual press conference, Maruti Suzuki India (MSI) Senior Executive Officer (Marketing & Sales) Partho Banerjee said the company reduced vehicle dispatches by 13,000 units in August.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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BYD launches 4 models in Jordan, its 1st stop in Middle East

CN EV Post

BYDDY.US | BYD HK (Image credit: BYD) BYD (OTCMKTS: BYDDY) officially launched its vehicle offerings in Jordan, following its partnership with local dealer Mobility Solutions Auto Trade Co (MSTC) in September last year. The BYD Dolphin is a compact car, the first production model based on the BYD e-Platform 3.0.

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Ford to unveil radical new business plan to improve quality and profitability

Teslarati

The scheme began last year as the automaker split into three segments covering ICE, EV, and commercial products, but at an upcoming meeting, the rest of the changes will be revealed. The meeting is scheduled for February 15th at the Auto Consumer Conference 2023 in New York City. A change in business plan should come as no surprise.

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