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JATO: Global car sales up by 2.8% in Q1 2016 due to SUV boost in China and Europe

Green Car Congress

million LCVs and passenger car units were sold across all segments globally in Q1 2016—a 2.8% increase (558,700 more units) on the same period in 2015—largely driven by growth in the Chinese and European markets. Sales of SUVs in Europe (including Russia and Turkey) gave the overall market a boost with 20% growth and 1.11

2016 150
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Volkswagen to offer refreshed Tiguan with new plug-in hybrid powertrain in Europe

Green Car Congress

Volkswagen will unveil a refreshed Tiguan SUV later in 2020, featuring new front and rear styling, a redesigned interior and new powertrains, including a plug-in hybrid version for the European market. As far back as 2016, Volkswagen unveiled a Tiguan PHEV concept, based on the second-generation Tiguan. Earlier post.).

Plug-in 307
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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

In 2016, Volkswagen kicked off its far-reaching transformation and the industry’s biggest electric offensive with the TRANSFORM 2025+ strategy. The focus here will be on becoming more resilient to fluctuations in the market. In South America and the United States, Volkswagen is striving to break even in the current fiscal year.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

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. The North American market will continue its upswing, though the pace differs by country. North America.

2015 150
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Honeywell Transportation Systems Forecast: turbocharged vehicles to account for 48% of annual global sales by 2021; electric boosting emerges

Green Car Congress

Honeywell’s Transportation Systems Forecast projects that turbocharged vehicles will acount for 48% of annual global sales by 2021, up 9 percentage points from 2016. Electrics and hybrids are expected to grow from a total of 3 million vehicles in 2016 to a total of 16 million by 2021.

Global 150
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Foton Motor and motorcycle leader Piaggio Group partner on development of light commercial vehicles; EVs to come

Green Car Congress

Since 2016, Foton Motor and Piaggio Group have signed a Memorandum of Understanding and a Framework Agreement in succession. The European market is an important sector for the global development of Foton Motor. In 2017, its global sales volume of commercial vehicles hit 176,800 units. Piaggio Porter.

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Report: Ford CEO Says China Strategy Changing

The Truth About Cars

Ford Motor Company is tweaking plans in China and seeking to turn around financial losses after five years of lackluster sales within the region. So far, direct sales haven’t been a part of that. Like many manufacturers, it has also streamlined its sales reporting to a point where the resulting data borders on useless.

China 93