The crisis in Ukraine has disrupted some car assembly plants and forced companies to suspend deliveries to Russia. Russia’s invasion of Ukraine is causing waves in the automotive supply chain. The attack also prompted companies to halt shipments to Russia or suspend operations there. Here are some of the effectsRead More →
► How the war in Ukraine is affecting the industry► Overview of the latest news and impacts► Analysis and what it means for motorists Supercar brands Ferrari and Lamborghini have suspended operations in Russia, as the auto industry continues to react to the war in Ukraine. They are the latestRead More →
SALES of new cars in the north remain down a quarter from pre-pandemic levels as a global shortage of computer chips limits supply. The Society of Motor Manufacturers and Traders (SMMT) said 2,713 new cars were registered in February. That’s just 2% more than the same month last year, whenRead More →
CLICK TO ENLARGE PETALING JAYA: Constraints on the supply side, particularly in the chip sector, have hampered the growth of the automotive industry. Statistics released by the Malaysian Automotive Association (MAA) showed that the continued shortage of computer chips and supply chain disruption due to floods in December affected totalRead More →
NORTH KINGSTOWN, RI (WPRI) – Rescue operations are underway in the Atlantic Ocean after a vehicle transport vessel bound for Rhode Island caught fire last week. At last check, the 650-foot-long vessel, Felicity Ace, was still adrift in the middle of the ocean, about 100 miles from the Azores. RussianRead More →
NORTH KINGSTOWN, RI (WPRI) – Rescue operations are underway in the Atlantic Ocean after a vehicle transport vessel bound for Rhode Island caught fire last week. At last check, the 650-foot-long vessel, Felicity Ace, was still adrift in the middle of the ocean, about 100 miles from the Azores. TheRead More →
(WFSB) – If you’re looking for a new car, you might want to put the brakes on, used car sales are at an all-time high right now. Car dealerships are running low on new car inventory right now. Patrice Luoma, professor of entrepreneurship and strategy at Quinnipiac University, says thereRead More →
Vehicle sales in 2022 are expected to continue on a positive trend with the South African automotive industry showing resilience. South Africa’s auto industry is off to a strong start in 2022 with total vehicle sales in January at 41,382 units, up 19.5% from the same period last year, MarkRead More →
The semiconductor supply crisis that caused chaos across much of the auto industry in 2021 will ease this year, helping global sales climb 6% according to industry watchers. Such an increase would bring sales to 85 million, with the increase evenly distributed across the various regions of the globe, AutomotiveRead More →
Self-charging hybrid vehicles accounted for almost 20% of new passenger cars registered in the 27 EU countries last year. Sales of hybrid cars hit a major milestone in Europe last year, as they captured the same market share as diesel vehicles, while electric models gained more ground, industry data shows.Read More →
Hybrid cars are outselling diesels in the Irish new car market, while sales of all-electric cars account for 10.8% of new registrations, down from just 3.9% at the same time last year. The shift to hybrid and electric has seen diesel sales fall from 74% of new sales in 2012Read More →
Hybrid cars are outselling diesels in the Irish new car market, while sales of all-electric cars now account for 10.8% of new registrations, down from just 3.9% at the same time last year. The shift to hybrid and electric has seen diesel sales fall from 74% of new sales inRead More →
Car manufacturers and start-ups need talent more than ever to develop their electric ranges. They are looking for engineers who can demonstrate experience in the field. Here’s how to get hired in the hot EV industry, according to top recruiters. The labor shortage is currently affecting all kinds of industries,Read More →
Coloradans bought and registered 10% more “light cars” in 2021 than during the 2020 pandemic low, and electric vehicle sales exploded with an 81% year-over-year increase, according to a Colorado Automobile Dealers Association report. New vehicle sales in the first three quarters of 2021 increased across the board, but fellRead More →
There is a global chip shortage. Cars are more expensive, computer makers are struggling to keep up with consumer demand, and many products have been heavily delayed like the PlayStation 5 which is still unorderable a year after its launch. according to Yahoo Finance. How did this thing start? AutomakersRead 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 →
Car manufacturing in the UK took off dramatically last year. The head of the industry’s trade body has described the situation as the ‘toughest in decades’, and the numbers are certainly support your claim. Latest car registration figures show 2021 has been up just 1% on a COVID-ravaged 2020 —Read 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 →
New, high-tech, low-emission gasoline vehicles are being held up in Australian showrooms until our two remaining oil refineries are upgraded to the latest European standards. See 4 images Australia’s auto industry says it is counting the days until the country’s two remaining oil refineries are upgraded over the next twoRead More →
The Detroit News DETROIT — With automakers expecting to sell only about as many vehicles in 2021 as they did in the final years of the Great Recession and supply issues still hampering production, the U.S. auto industry likely won’t see recent pre-pandemic sales in the near future. Forecasters expectRead More →
As a number of Australian states set their own policies for electric cars, the auto industry has renewed calls for a national approach. See 5 pictures Australians bought a record number of electric vehicles last year. However, electric cars still account for less than 1% of new car demand accordingRead More →
Tyler Mason graduated from Ider High School in 2007. He was a sales pro at Donohoo Chevrolet in Fort Payne for approximately four years. Prior to working at Donohoo, he worked at a Toyota dealership in Gadsden. Becoming a “car boy” was inevitable as he grew up watching his grandfatherRead More →
Written by Neal E. Boudette Toyota Motor dethroned General Motors as the top-selling automaker in the United States last year, becoming the first out-of-country based automaker to achieve the feat in the company’s nearly 120-year history. industry. This milestone underscores the changes rocking automakers, which face stiff competition and externalRead More →
LANSING, Michigan – Car sales in Michigan are expected to remain well below what they were before the pandemic, and consumer prices are likely to remain high as dealerships face supply chain issues. “It really caused vehicle sales and production to drop dramatically. The past two years and again thisRead More →
As part of Egypt’s insistence on supporting and implementing its auto industry localization plan, Egypt’s Ministry of Military Production held talks December 16 with the Emirati M Glory Holding specialized in car manufacturing to discuss the manufacture of Egyptian-made cars. Egypt’s Minister of Military Production, Mohamed Ahmed Morsi, said inRead More →
Car sales continue to be affected by reduced inventory. New vehicle sales were stuck again in December, paving the way for what could be a bumpy ride in 2022. The auto industry is still haunted by COVID-19, causing shortages of key materials essential to the growing automotive market. electric vehicles.Read More →
The Indian auto industry has seen a host of leadership changes across various automakers. Here we have listed the top 5 leadership changes in the automotive industry that have taken place this year. The year 2021 has shown us a lot in the Indian auto industry – a slew ofRead More →
Economy New car sales up 30 pc Wednesday, December 29, 2021 Workers at Isuzu’s East African Vehicle Assembly Plant on Mombasa Road during the December 2018 media tour. PHOTO | DIANA NGILA | NMG By VICTOR JUMAMore from this author Summary New motor vehicle sales rose 30.2% to 12,750 unitsRead More →
– 2022 should be a neutral year due to the rise of the Omicron variant – The industry is only expected to fully recover by 2023 The automotive industry has been significantly affected by the COVID-19 (Coronavirus) pandemic. Car sales had been bleak in 2020 due to lockdown restrictions inRead More →
Australia’s leading consumer watchdog has been monitoring the auto industry closely for six years – and says there is still work to be done on misleading information and denied warranty claims. See 3 images Automakers were again cautioned to familiarize themselves with their warranty obligations under Australia’s consumer law –Read More →
Mike Wood was already considering a new business model for selling cars online when he approached his business partner about two years ago. “I said, ‘I think 2020 would be a good year for that.’ I had no idea this little thing called COVID would push dealerships digital very quickly,Read More →
Although economic activity rebounded relatively strongly in the first 11 months of the year compared to a year ago, mainland car sales stagnated, falling 0.04%. Europe’s auto industry faces a worse year than Covid-battered 2020 with sales down for a fifth consecutive month amid a global shortage of microchips usedRead More →
Europe’s auto industry faces even tougher times than the COVID-19 battered 2020 with sales down 20.5% year-on-year to 713,346 units, the worst slump since 1993, amid a global shortage of microchips used in new models, the European Automobile Manufacturers Association (ACEA) said on Friday. Although economic activity rebounded relatively stronglyRead More →
A global shortage of automotive chips has highlighted the problem, prompting the European Union to launch subsidy programs to attract chipmakers to the continent. FRANKFURT: Europe’s auto sector has become too dependent on Asia and other regions for vital components such as semiconductors and battery cells, the outgoing Bosch chairmanRead More →
NEW DELHI: Chip shortages continue to disrupt supplies to the automotive industry. Wholesale shipments to dealers fell 19% in November, as the semiconductor shortage continued to affect vehicle production and subsequent deliveries to dealerships, auto industry body Siam said on Friday. Vehicle shipments amounted to 2.15 lakh units last monthRead More →
Justin Spitzer wrote for “The Office” and created “Superstore” – so he knows a thing or two about workplace comedies as his new series, “American Auto” launches on NBC. Ana Gasteyer stars in the ensemble sitcom, which premieres Monday (December 13) at 10 p.m., as Katherine Hastings, a pharmaceutical executiveRead More →
BILLINGS – If you’re in the market for a new car here in Billings, you better act quickly. Some dealers say they are having trouble getting new inventory for their lots. Blake Underriner, along with Underriner Honda, says his inventory of new cars is much lower than usual. He saidRead More →
The U.S. auto industry is set to conduct some bold — albeit unintentional — experiments in marketing and inventory management this month: How to execute the traditional year-end sale that consumers have been waiting for conditioned to expect when you have very little to sell. December is generally one ofRead More →
Tuesday, November 30, 2021 2:04 PM UK car production in 2021 is the lowest since 1956. UK auto executives believe cars will be predominantly sold online by 2030, with electric vehicles (EVs) accounting for between 70-100% of new vehicle sales in Western Europe. Data from KPMG’s Automotive Executive Survey foundRead More →
A leading UK auto industry body has announced new guidelines for car manufacturers planning to market automated vehicles. The initiative is designed to ensure that consumers “receive consistent and clear information” regarding automated driving features as the technology becomes more mainstream in the years to come. Established by the SocietyRead More →
Lafayette – The automotive industry continues to feel the effects of the covid-19 pandemic. First it was a shortage of new and rental cars; now used car prices are the last to be affected. Average used car prices have skyrocketed during the pandemic. Apart from continued global supply shortages, HubRead More →
Lafayette – The auto industry continues to feel the effects of the covid-19 pandemic. First, it was a shortage of new cars and rentals; now used car prices are the last to be affected. Average used car prices have skyrocketed during the pandemic. Outside of continued global supply shortages, HubRead More →
The auto industry had its worst performance in October since 1991, according to the figures. © AP Archives The auto industry had its worst performance in October since 1991, new figures show (Steve Parsons / PA) Only 106,265 new cars were registered in the UK last month, a drop ofRead More →
*** For all of Wyoming, sign up for our daily newsletter *** By Wendy Corr, Cowboy State Daily If you’re on the hunt for a used vehicle and like the idea that a celebrity has owned it before, then Kanye West’s Wyoming Fleet may be of interest to you. NowRead More →
Lyna mohamed The local auto industry has been hit by the sudden drop in sales since the second wave of COVID-19. A local car dealership said the second wave caused sales to drop in August and September. Several sales advisers also shared the same sentiment, saying their sales started toRead More →
The business model of car sales is changing, with manufacturers embracing the direct-to-consumer selling trend (also known as the agency model) seen by a wide variety of industries as people seek to simplify the process. purchase. This is a radical change for vehicle manufacturers. It is also complicated to navigateRead More →
Auto industry bemoans lack of budget support as UK auto production falls for third consecutive month and September production is lowest since 1982 Some 67,169 cars rolled off UK production lines last month, according to recently released data Productions were down 41.5% from a year ago and lowest in SeptemberRead More →
Sales to rental car fleets have sometimes been viewed as a liability of automakers. Elon Musk defies this stigma, with Tesla Inc. TSLA 13.53% agreement to supply cars to Hertz Global Holdings Inc. electric signal vehicles are ready for the masses. Tesla has added about $ 109 billion to itsRead More →
Even before the pandemic, 2020 was still going to be an uncertain year for the Canadian auto industry. The Big 3 automakers – General Motors, Ford and Chrysler (now known as Stellantis) – were to negotiate multi-year labor agreements with their major unions, after previous agreements with their workers expired.Read More →
Remember the Brit List of the most influential people in the auto industry and you might recall the discussions around the diversity and under-representation of certain demographics. Well, at the time, I promised Auto Express that I would take a closer look at this topic – which is why IRead More →
Originally published on Transport & Environment. (Also exists in German, Spanish, Polish, French, and Italian.) The European auto industry is using aggressive lobbying and making unsubstantiated allegations in an attempt to derail EU plans to cut pollution from road transport, campaign group Transport & Environment (T&E) revealed in a statementRead More →
Guy Robson, partner at Keller Lenkner United Kingdom, discusses Dieselgate and how the past continues to haunt the auto industry. In July this year, the European Commission fined the Volkswagen Group (which includes Volkswagen, Porsche and Audi) and BMW € 875 million for violating EU competition law by joining forcesRead More →
In new comments, Tesla CEO Elon Musk said software will shape the future of the auto industry and added that he believes Chinese automakers are the most competitive with Tesla on this front. Musk made a pre-recorded appearance at the 2021 World New Energy Vehicle Congress in Hainan, China. ForRead More →
The connected car encompasses a wide range of technological fields such as home integration, vehicle management, entertainment, well-being, safety and autonomous driving. A connected car can share data with other devices because it has its own Internet access. For example, it could mean that a car could share data onRead More →
04:28 The car tokens are out of order. Automakers are lost. The pandemic has rewritten the rules for a multitude of industries. The automotive industry is no exception, especially as it rapidly moves towards smarter electric vehicles (EVs). In the past century, pain has never struck closer to home thanRead More →
How Car Shortages Affect Local Dealers and Consumers It has been more than a year since the coronavirus pandemic hit the United States in March 2020, affecting industries across the country when the economy slowed. The auto industry was affected then and continues to impact consumers today. Some in theRead More →
A global supply crisis threatens to derail Germany’s economic recovery, with the country’s auto industry suffering the biggest drop. Companies from BMW, Siemens AG and Volkswagen are all reporting a lack of supplies of materials, from the most basic wooden pallets to memory chips. Thomas Nuernberger, managing director of salesRead More →
Advertising After competing on high speed train, China and Japan are increasingly competing in the booming Indonesian automotive market. Last week it was reported The Chinese company Chery Automobile Co. Ltd. announced that she ready to return to indonesia this year, after a failed attempt to break into the marketRead More →
The auto industry is pushing against a proposal that would force auto giants to negotiate with dealers through binding arbitration before closing showrooms in Australia. See 8 pictures Following Holden’s shock departure, the federal government last month introduced new laws to ensure dealers and car buyers are not left behind.Read More →
Raids on aftermarket auto parts sellers by the Environmental Protection Agency for evidence of emissions violations are hurting the classic auto industry, says Sen. Jim Lankford. Lankford, a Republican from Oklahoma and member of the Energy and Natural Resources Committee, told the Washington Examiner he recently looked at bipartisan legislationRead More →
the Pakistan Automobile Manufacturers Association (PAMA) revealed sales figures for the local automotive industry. In the outgoing fiscal year 2021 (FY21), the local auto industry grew by 62% on an annual basis (YoY) to 181,397 units from 111,965 units the previous year. The reason for the outstanding performance of theRead More →
MADRID — The Spanish government will invest 4.3 billion euros ($5.1 billion) from its share of European pandemic recovery funds to revamp its auto industry and steer it towards manufacturing electric vehicles and their components, the Prime Minister announced on Monday. Pedro Sánchez said the investment will be “a realRead More →
Pat Goldwait, general manager of Joe Myers Ford in Jersey Village, holds his breath for what’s next. “We’ve had the pandemic, the frost, the flea shortage, if the locusts come I’m going to put lamb’s blood over my door,” Goldwait said of the almost biblical challenges his dealership and lRead More →
The boss of Seat, Spain’s only major automaker, has called on EU and national authorities to approve aid for a new €3-4 billion battery cell factory by summer, or risk the future of the country’s auto industry. Wayne Griffiths, chairman of the Volkswagen subsidiary, said firm commitments from Spain andRead More →
Motor industry bosses have expressed ‘deep disappointment’ with Boris Johnson’s roadmap out of lockdown after it was revealed car showrooms will be forced to keep their doors locked until ‘until at least mid-April – meaning customers won’t be able to browse dealerships during the busiest month of the year. MarchRead More →
/cloudfront-us-east-2.images.arcpublishing.com/reuters/OMUE6FT3B5PD7K3A2UCGBNDMOY.jpg)
The logo of Stellantis, the world’s fourth-largest automaker to begin trading in Milan and Paris after Fiat Chrysler and manufacturer Peugeot PSA complete their merger, can be seen on a flag at the main entrance to the FCA Mirafiori plant in Turin, Italy, January 18, 2021. REUTERS / Massimo PincaRead More →
New vehicle sales in South Africa recorded their best post-lockdown performance in November, giving positive signs of a slow rehabilitation of the country’s auto industry, notes lender WesBank. In an overall market – down 30.6% year-to-date – November’s sales performance of 39,315 units shows signs of picking up consumer demandRead More →
The bleak outlook facing Britain’s car industry was underscored by another 2,000 job losses and the worst car sales in May since 1952. Only 20,000 new cars were registered in May compared to 184,000 in the same month in 2019, the Society of Motor Manufacturers and Traders said. Just overRead More →