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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.
Heliox, a global leader in DC charging systems for medium- and heavy-duty vehicles, announced a supply agreement with PACCAR Parts to support the rollout of PACCAR’s electric vehicles. Heliox will supply mobile 25kW and 50kW chargers to PACCAR’s dealers and customers who are building their electric truck fleets.
Kia Motors Corporation previewed its global electric vehicle (EV) business strategy; the brand will launch seven new dedicated BEVs by 2027 across several vehicle segments. Kia intends to establish a leadership position in the global EV market by responding to fast-growing global consumer demand for EVs. —Ho Sung Song.
This allows dealers to maintain an active relationship with their clients on an on-going basis—offering tangible customer benefits from automated reminders for the next oil change, to remote diagnostic information, and a wealth of other location-based services. This also extends to the consumers themselves. SkyTrace, Inc.
Lightning eMotors and ABC Companies, a leading provider of motor coach, transit and specialty passenger transport equipment, announced the sale of the largest battery-electric double-decker motor coach to All Aboard America! Holdings, the fourth-largest motor coach operator in the US.
Overall, Volvo Cars reported globalsales of 56,883 cars in July, down 8.7% The decrease was mainly a result of lower sales numbers in Europe, as well as an unusually strong globalsales performance in July last year, when dealers started to open for deliveries after Covid-19 lockdowns. to 75,329 cars.
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 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units.
EV sales will reach 8.0% new vehicle market this month, S&P Global Mobility has predicted. The market share of EVs won't increase dramatically over the previous month, as automakers, dealers, and consumers digest new federal tax credit rules brought on by the Inflation Reduction Act (IRA) that went into effect with the start.
China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. With 4G handsets now representing 95% of domestic sales, market saturation has resulted in mobile phone sales through to July dropping by 5% year-to-date. Source: Fastmarkets.
The SAIC MAXUS range is currently available in 73 countries and regions globally. The brand has more than 400 salesdealers across Europe; last year the SAIC MAXUS brand achieved sales of almost 183,000 units globally. The MIFA Hydrogen van seats seven.
The all-new Golf (earlier post) delivered 2,351 units for the month, marking a 101% increase in sales for the model over the previous October. Golf model sales in October included 2,351 Golf units (up from 1,169 in October 2013) and 1,724 Golf GTIs (up 67.1% of sales in October. of sales of the model.
Japan-based Terra Motors, a manufacturer of electric two and three-wheelers ( earlier post ), has started sales of the A4000i electric scooter—with new products to follow—in Tehran, Iran with Jahanro Industrial Co, exclusively for next five years. Jahanro Industrial Co. started from just a small motorcycle shop.
Starting Q4 2023, they will be distributed in the United States through an exclusive agreement with Velocity, an established name in the commercial vehicle industry with around 80 global outlets.
China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. Chinese EV sales through to July totalled 696,000 this year, an impressive 41.5% Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments.
s first battery-electric commercial vehicle, the e-NV200, will go on sale in October 2014 at Nissan dealers throughout Japan. The e-NV200 is Nissan’s second battery-electric vehicle in its global line-up, joining LEAF; production of the e-NV200 began in Barcelona in May. Nissan Motor Co., Earlier post.) Earlier post.).
By: Sameer Fayaz Contractor | Updated on: 18 Apr 2025, 16:32 PM While you wont be able to place an order for a new Macan S or GTS, HT Auto understands that the last stocks are still available with select dealers. With no new allocations for India, the automaker only has the entry-level Porsche Macan on sale, powered by the 2.0-litre
GM is also in the process of bringing Cadillac’s entire global portfolio to China, adding one locally produced model per year through 2016. With more new models, the expansion of its local manufacturing capability and a growing dealer network, GM expects to increase Cadillac sales from 30,000 units last year to 100,000 units in 2015.
A new study by a team from Aarhus University in Denmark has found that car dealerships pose a significant barrier to electric vehicle adoption at the point of sale due to a perceived lack of business case viability in relation to gasoline and diesel vehicles. Their study is published in the journal Nature. —de Rubens et al.
While best known for its commercial trucking services, Penske has been ramping up dealer acquisitions, buying out trucking rivals and trying to expand its already sizable footprint in both Europe and Australia. The above global expansion has been made possible thanks largely to its share price absolutely exploding after 2020.
Working with its 2,600-plus dealers, the company is focusing on the dealership transition to electric-vehicle sales and service, offering consulting and on-site evaluation of electric-vehicle (EV) integration needs within every area of the dealership business. —Phil Langley, head of network development, FCA – North America.
With a 20-year lease agreement, Volkswagen Group of America aims to improve vehicle logistics efficiency further and to increase importation capacities to serve nearly 300 dealers in the United States. Our new hub at Port Freeport will allow us to serve nearly one-third of our US dealer network more efficiently and more sustainably.
The core competences of diconium include the development of sales platforms for digital products and services as well as IT systems in customer management. With diconium, we have secured the support of a strong technology partner with substantial experience and considerable competence in the development of digital sales solutions.
The next-generation BMW 5 Series is entering market availability globally, including the new i5 EV. The US will see the i5 Sedan arrive for sale in just a matter of weeks, before October’s end. more… The post BMW i5 will arrive at US dealers starting this month appeared first on Electrek.
Toyota Motor Sales, USA, Inc., This is part of a global recall for the issue. Any authorized Toyota dealer will perform a software update to the Motor Generator ECU and Power Management ECU at no charge. Toyota has received no reports of accidents or injuries associated with the condition.
CDK Global has been accused of systematically bogarting the market for dealership management services by California-based rival Tekion, with the latter having launched a lawsuit alleging that CDK is intentionally attempting to curtail any legitimate competition by withholding data. CDK's technology is outdated.
—Gerald Johnson, GM’s executive vice president of Global Manufacturing. Heavy-duty trucks make up about 25% of full-size pickup sales in the US. The Brookville investment will enable us to machine more engine blocks and heads and ultimately enable our DMAX engine plant in Moraine to build more 6.6-liter liter V-8 turbo-diesel.
IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 However, sales activity may not be as negative as current media reports suggest, according to IHS.
IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2
An important part of Volvo Trucks’ sustainability strategy is to reduce CO 2 from our own operations globally and putting the Volvo VNR Electric to work, servicing our NRV operations. The Volvo VNR Electric model entered serial production at NRV earlier this year. Volvo VNR Electric NRV zero-emissions logistics transport vehicle.
With global headquarters in Los Angeles, SEA Electric currently has operations in five countries and more than one million miles of independent OEM testing and in-service operation in all markets. SEA-Drive 120b Power-System. SEA Ford F-59 EV with SEA-Drive 120b.
Sales of plug-in vehicles (PEVs) in 2013 will continue to outpace the first years of hybrid vehicle sales as more than 210,000 PEVs will be sold globally and more than three dozen PEV models will debut, according to a year-end free whitepaper published by Pike Research, that makes 10 specific predictions about electric vehicles in 2013.
US and global demand for the Chevrolet Bolt EV has been very strong in 2018, with globalsales estimated to be up more than 35% year over year in the second quarter and up more than 40% in the first half, according to GM. dealer inventory and bring us another step closer to our vision of a world with zero emissions.
India’s sales of new vehicles totaled at least 4.25 Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. million units.
In response to customers’ growing demand for online shopping, Buick is launching direct sales for the VELITE 7 to provide the seamless integration of online and offline sales channels. Dealers will maintain their service contacts with vehicle handover and other personalized customer service. kWh lithium-ion battery from LG.
General Motors said that it will offer all of its Buick franchise dealers in the U.S. Global Vice President of Buick and GMC, Duncan Aldred, told WSJ that shifting to EVs will require significant investments by Buick dealers. Buick franchise dealers buyouts appeared first on TESLARATI. DTC is happening.
At the same time, Daimler will increase its stake in the integrated sales joint venture Beijing Mercedes-Benz Sales Service Corporation (BMBS) by 1% to 51%. Recently, BAIC Group has been listed (position 336) in the Fortune Global 500. Most recently, the establishment of Beijing Mercedes-Benz Sales Service Co.,
The Zeekr 009 is on sale in Australia. There’ll be a fire sale of remaining new car stock, meaning owners will suffer a huge hit to resale values. Would it get its own separate dealer network too? Cue Renault jumping up the sales charts. Morally dubious, but why let that get in the way of record sales, eh?
Volkswagen is suing a German car dealer for importing the China-exclusive ID.6 In 2022, German car dealer Gregory Brudny offered the Volkswagen ID.6 6 EV for sale to customers in Germany. 6 vehicles built by FAW-VW from an authorized VW dealer in China. 6 vehicles built by FAW-VW from an authorized VW dealer in China.
Limited (CATL), the global leading EV battery manufacturer, is expanding partnerships with VDL Bus & Coach B.V. As an importer, Quantron AG is authorized as CATL’s dealer to supply batteries in Europe. Contemporary Amperex Technology Co.
The lack of coherent sales concepts is partly responsible for the weak sales figures. Strategies are lacking for creating lasting incentives for dealers to sell low-emission vehicles. Japan, on the other hand, has lost out significantly in terms of share of value creation in global xEV production according to the report.
Lightning Systems, a global developer of zero-emissions solutions for commercial fleets, is taking its new Ford Transit LightningElectric model ( earlier post ) on the road, showcasing the recently released vehicle efficiency ratings of 61 MPGe on in-town routes and 66 MPGe on highway.
Following the departure of four high-profile executives at Stellantis North America, some dealers are growing concerned about the company’s direction. Retail Sales program, while Richard Schwarzwald resigned as the Chief Customer Experience Officer, citing “personal reasons.”
General Motors has issued a stop-sale order for the all-electric Chevrolet Blazer. The automaker is telling dealers to pause sales so it can address problems with charging and the infotainment system. Three days later,] we took it to the dealer. As of yet, no formal recall has been announced.
Sales and service departments are also supposed to get additional training to better understand how to deal with EVs. Ford encountered a similar situation with its EV sales program and has been forced to adjust the terms several times , walking back requirements. sales, Aldred said. The network, where we are now, is a good size.
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