The figure of 859,575 cars made last year was the worst in 65 years Global auto production is expected to bottom out in the current quarter British carmakers are expecting a strong rebound in volumes after a “bad” year in 2021 caused by the global shortage of semiconductors. But theRead More →

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Searches for electric vehicles (EVs) jumped 110% to half a million in 2021. BMW received eight million additional consumer ad views last year. And more than 637 million online vehicle searches were made last year. These are just some of the trends emerging in recent years. AutoTrader Automotive Industry ReportRead More →

By Anna Cooban, CNN Business Electric vehicles took a much larger share of the global auto market last year, as sales more than doubled despite turbulent economic conditions and a severe shortage of computer chips. Global battery electric vehicle sales rose to 4.5 million last year from 2.1 million inRead More →

So long, Self-Driving Coalition for Safer Streets; Hello, Autonomous Vehicle Industry Association! The leading audio-visual industry lobby group in Washington, DC is changing its name, dropping the reference to “self-driving” in exchange for a simpler moniker. The group, founded in 2016 by Waymo, Ford, Lyft, Uber and Volvo, is lobbyingRead More →

A TOTAL of 734 vehicles were sold during the month of December 2021, compared to 755 units sold the previous month. This is according to data provided by the National Association of Automobile Manufacturers of South Africa (Naamsa). In a report citing data from Naamsa, Simonis Securities says vehicle salesRead More →

There’s money in selling cars, but to make big profits, you need to do business right. Convincing people who have just bought a new car to buy another one is not an easy task. That’s why you need to focus on your business and build strong customer relationships by providingRead More →

Adrian, MI – Just as there are advantages to buying a new car, used cars have many advantages. Most used cars have low insurance premiums, less exaggerated fees, lower customization costs, and have already been thoroughly inspected. People in Houston looking for used cars can visit Mighty Motors Dealership, aRead More →

“The remarkable performance of the four markets represents 63% of the total cars delivered in the Asia-Pacific region in 2021,” said Automobili Lamborghini. Italian super-luxury carmaker Automobili Lamborghini on Wednesday announced its best ever sales performance of 69 units in India in 2021, an 86% growth from the previous year.Read More →

Sales of battery electric cars have overtaken diesel for the first time in Europe, FinancialTimes reported Sunday. This is an important step, as diesel has been the default choice for European car buyers for decades. Registrations of new “electrified” vehicles – including hybrids, plug-in hybrids and combination battery-electric cars –Read More →

Ford has entered into a five-year deal with Stripe to not only modernize the automaker’s e-commerce capabilities, but also enable in-car commerce. Ford Credit, the automaker’s financial services division, will use Stripe’s technology to accelerate the development of digital payments in North America and Europe, Ford announced Monday. The partnershipRead More →

The automotive sector has spent 2021 under the shadow of the chip crisis, logistical bottlenecks and record increases in raw material costs, while industry representatives in Turkey say the main automakers program local auto this year will again supply chain management. Automotive Industry Association (OSD) Chief Haydar Yenigün, assessing theRead More →

New vehicle sales are being hit by the pandemic and economic uncertainty, according to a Highland car dealership. Dingwall’s Mackays made the comments in its latest accounts which show reduced revenue and increased pre-tax profit for the year ended December 31, 2020. The company operates franchised Vauxhall dealerships covering Inverness,Read More →

DUBLIN, January 13, 2022 /PRNewswire/ — The “Global Premium Interior Trim Market (by Surface Material and Region): Insights and Forecast with Potential Impact of COVID-19 (2021-2025)” report has been added to ResearchAndMarkets.comit is offer. The Global Premium Interior Trim Market is Expected to Record a Value of US$1.88 billion inRead More →

For the first time ever, U.S. passenger car sales unexpectedly increased in December 2021, despite the fact that sales often dip at the end of the year as buyers favor New Year’s purchases compared to the last month of the previous year.Data from PAMA (Pakistan Automobile Manufacturers Association) reveals startlingRead More →

Used car sales set a new record of 40.9 million vehicles in 2021. Unmet demand for new vehicles due to unavailability has forced many new-vehicle buyers to gobble up late-model used vehicles in 2021, setting a new sales record at 40.9 million vehicles. The total marks a 10% jump fromRead More →

First: average transaction prices. We have reached a new record – again! – in December, which was expected. Luxury vehicles tend to sell better in the later months of the year, driving up new vehicle prices. In December, they topped $47,000. Full details of our Kelley Blue Book team areRead More →

Brazil’s auto industry grew 11% last year, but still below 2018/19 potential Tuesday, January 11, 2022 – 13:53 UTC This year ANFAVEA estimates a production increase of 9.4% global equivalent to 2.46 million units Brazil’s National Association of Automobile Manufacturers, ANFAVEA, said the 2021 market had seen significant improvement fromRead More →

January 11, 2022 1641906107 Categories Market & Trends Studies & Figures © Ford As sustainability becomes a growing trend in the automotive industry, automakers are increasingly opting for vegan alternatives in car interiors and greener solutions for transportation. As consumer desire for sustainable materials drives demand, the most vegan carsRead More →

Luxury automaker Aston Martin reported an 82% increase in dealer sales in 2021. The news comes as the company predicts lower-than-expected adjusted annual profit on fewer than expected shipments of its car from Valkyrie sport in the fourth quarter of the year. Friday, Aston Martin said he expects adjusted basicRead More →