Green Car Reports

FEBRUARY 2, 2024

Dealers think the Biden administration's EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication's 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers.

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Dealers Auto Industry Auto Industrial 215

Baua Electric

JANUARY 15, 2024

Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. percent market share in the same period, up from 8.5

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Auto Industry Industrial Industry Auto 52

Baua Electric

MARCH 24, 2024

Some companies are also implementing in-house training workshops which facilitate employees to remain abreast with recent technological developments and trends in their respective industries. Diversity and inclusion in the workforce can foster innovation, creativity, and a competitive edge in the market.

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Auto Industry Industrial Industry Auto 52

Baua Electric

JANUARY 23, 2024

Automotive suppliers, too, have made hefty investments in the shift to electric, and now they are seeing their markets being hit due to slower uptake than expected and the fact that car sales are “historically low,” reports the FT. FTC: We use income earning auto affiliate links. Get started here.

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Auto Industry Auto Industrial Industry 52

Baua Electric

FEBRUARY 29, 2024

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Suri said the pace of reduction of imports in the last two years has been nearly double of that targeted by the industry at about 6%. lakh crore in FY22.

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Auto Industry Auto Industrial Industry 52

Teslarati

JANUARY 31, 2024

Hyundai seeks to restore its market share in China with a new electric vehicle (EV) brand. a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinese market. The South Korean automaker is working with BAIC on its goal. million units.

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Hyundai China Market Chinese 115

Green Car Congress

FEBRUARY 22, 2010

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total.

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Auto Industry Industrial Industry China 218

Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. Credit: Cox Automotive Cox points to Tesla’s price cuts, incentives, and increased options for affordable EVs hitting the market as reasons for the downward trend.

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Price Market Tesla Tax Credit 121

Baua Electric

JANUARY 13, 2024

The aftermarket industry, valued at Rs 85,333 crore, also experienced a steady growth of 15 percent. Sales of components to OEMs in the domestic market rose a healthy 39.5 Localisation in a higher gear As per a SIAM, ACMA and EY localisation study, the total import for the automotive industry as a whole accounted for about Rs 1.13

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Auto Industry Industrial Industry Auto 52

Baua Electric

MARCH 20, 2024

Like 40 years ago, 1984, when Maruti came into India, it changed the auto industry. It brought in very efficient cars, very lightweight cars, and the Ambassadors and the Fiats went into oblivion and Maruti brought in state-of-the-art new cars and today they are the 50% market leader. They control market share.

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Auto Industry Industrial Industry Auto 40

CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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Standards China Auto Emissions 78

Baua Electric

JANUARY 8, 2024

market share of the US auto market. It wasn’t that long ago that many bigwigs in the auto industry didn’t see Tesla ever being more than a niche automaker. But the company has made itself undeniable by holding a majority market share in the electric vehicle market in the US.

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Auto Market Tesla Mazda 52

Teslarati

JANUARY 6, 2023

This is despite the near-constant supply shortages that have plagued (and continue to plague) the auto industry, notably in Europe. And outside of German sales, the company has witnessed continued strength in the American market, particularly for its newest electric offerings. BMW stock chart by TradingView.

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Porsche Mercedes BMW Market 134

Teslarati

JANUARY 1, 2023

While many automakers now view autonomous driving products as the auto industry’s future, recent history has shown that it can be a highly volatile market. If you have news tips, email us at tips@teslarati.com ! The post Volvo enters autonomous driving market via company acquisition appeared first on TESLARATI.

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Volvo Companies Market Purchase 98

Electrek

OCTOBER 26, 2022

Is the world’s largest automaker finally responding to the rapidly changing auto industry? Toyota is now considering ramping up production of its first 100% electric mass-market vehicle, the bZ4X SUV, but not until 2025, according to sources familiar with the plans.

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SUV Toyota Market Production 94

Baua Electric

JANUARY 31, 2024

Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year.

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Market Germany Mercedes BMW 52

Baua Electric

FEBRUARY 2, 2024

With the adoption of electric vehicles picking up in the country, India could become the largest electric vehicle market in the world by 2030, Minister of Commerce and Industry Piyush Goyal today. India is currently the third-largest automobile market in the world. lakh units, with two-wheelers leading the race.

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India Electric Vehicles Market Vehicles 52

Teslarati

FEBRUARY 8, 2023

Automobili Pininfarina has announced today that it is again expanding its dealership network in the United States as it looks to take advantage of the small number of electric hypercars currently on the market. If you have news tips, email us at tips@teslarati.com ! All for the low, low price of $2.2

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Pininfarina Ferrari Market Utah 105

CleanTechnica EVs

APRIL 23, 2023

It’s time for another quarterly report on US auto sales. Like a few other major news outlets, I track total quarterly sales of the US auto industry, but I also conduct a thorough analysis of the trends of each automaker.

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Auto Sale Auto Industry USA 134

The Truth About Cars

APRIL 22, 2024

Dealers are often the first group to sound concerns when something changes in the auto industry, whether they’re justified in their complaints or not. The group placed an ad in the April 15 issue of Automotive News and has collected support from all 50 state and 21 metro-area dealer associations.

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Dealers Dodge Legal Cars 104

Baua Electric

FEBRUARY 1, 2024

Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. China is the undisputed EV market leader. Fully electric vehicles accounted for over 23% of new car sales last year in China, with 6.68 That’s up from 12% just two years ago and around a third of the global market.

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Hyundai Market China BYD 52

Teslarati

AUGUST 26, 2022

The automotive AI market is projected to be worth $7 billion by 2027 with a compound annual growth rate (CAGR) of 24.1% Currently, the automotive AI market is worth $2.3 The report noted that the human-machine interface for the auto industry is much easier for the driver to control and operate which enhances their experience.

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Market 2020 Tesla Auto Industry 93

Green Car Congress

JULY 31, 2011

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 Another market headwind is the stagnant US housing market. AlixPartners finds that the global vehicle market is on track to be 76.4

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Auto Industry Industrial Industry Auto 199

Electrek

SEPTEMBER 1, 2022

All corners of the auto industry are catching on as more and more buyers prefer electric vehicles. The latest news comes from leading tire maker Goodyear, as the company reveals its plans to further support the EV market.

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Electric Vehicles Auto Industry Vehicles Electric 98

Teslarati

MARCH 25, 2024

There was a time when BYD’s sustainable vehicle efforts were seemingly brushed aside by industry leaders like Tesla CEO Elon Musk. That time has long passed, and BYD’s presence in the hybrid, PHEV, and BEV sector has grown to a point where it has garnered the respect of the global auto industry.

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BYD Energy Production Vehicles 115

Teslarati

APRIL 26, 2022

According to Kelley Blue Book’s (KKB) data , Tesla dominated the United States electric vehicle market in the first quarter. Tesla’s Model 3 and Model Y vehicles made up 68% of US EV market sales in Q1 2022. While EV sales gained traction, the overall auto industry reported a decline of 15.3%

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Market Tesla Hyundai Ford 98

The Truth About Cars

APRIL 5, 2024

It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price. The car, which was projected to start in the mid-$20,000 range, would have helped Tesla compete against the increasingly fierce Chinese auto industry. Image: Tesla] Become a& TTAC insider.

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Affordable Tesla Taxi Auto Industry 105

Baua Electric

MAY 10, 2024

By: HT Auto Desk | Updated on: 10 May 2024, 13:15 PM The small car segment, which includes the hatchbacks, once ruled the Indian auto industry with nearly half the market share. From the 1990s, small cars led by Maruti Suzuki and Hyundai Motor, were the backbone of the Indian auto industry. per cent by 2028.

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Suzuki India Cars Auto Industry 52

Teslarati

MARCH 22, 2024

Meo stated that the center of the global automotive market has gravitated toward Asia. Buoyed by its huge domestic market (8.5 million electric vehicles sold in 2023, according to the Chinese Passenger Car Association, or 60% of the global total), it already had [a] market share of close to 4% in Europe in 2022.

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China Auto United States Auto Industry 112

Teslarati

FEBRUARY 12, 2024

The price is down from previous R1T and R1S prices of $74,800 and $79,800 with the delivery fee, The news also comes ahead of Rivian’s launch of the R2 vehicle platform on March 7 , and as many in the auto industry have aired concerns around cooling electric vehicle (EV) demand.

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Price Tax Credit Georgia Auto Industry 114

Electrek

MARCH 24, 2023

The Polestar 2 is taking the auto industry by storm, placing among the top ten-selling electric vehicle in some of the most popular vehicle markets. In 2022, the Polestar 2 became a top-selling electric company car and made the top ten overall company cars in Germany, home of luxury vehicles and auto innovation.

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Germany Companies Auto Industry Cars 139

Electric Cars Report

SEPTEMBER 1, 2023

European new car sales jumped 15.2% in July, the 12th consecutive month of growth as the auto industry recovers from pandemic-related supply chain issues, according to data from the European Automobile Manufacturers Association (ACEA).

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Sale Automobile Manufacturer Auto Industry Cars 113

Clean Fleet Report

FEBRUARY 6, 2022

The growth is predicated on two new production facilities—in Texas and Germany—coming online this year to augment existing plants in Fremont, California, and Shanghai, China. The timing of this move by Tesla is opportune since the global auto market for EVs is catching up. Recent Tesla News: News: Hertz Cuts Deal with Tesla.

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Production Tesla Texas F-150 65

Teslarati

MAY 10, 2024

BYD Europe wants to triple its market in the region by 2025. The Chinese automaker plans to use an aggressive marketing strategy to accomplish its goal. BYD has no plans to enter the US Market amid “complications’ [Feature] BYD Europe’s goals come at a time when the EU is wary of cheap Chinese electric vehicles (EVs).

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BYD Europe Cheap Chinese 105

The Truth About Cars

JULY 14, 2023

The decision comes at a time when many automakers are looking to trim their marketing budgets. Elsewhere, it's already been a busy year in the auto industry as EVs take over the market. The IAA Mobility Show will attract other big-name automakers, including Ford and Volkswagen.

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Tesla Detroit Porsche Auto Industry 98

Teslarati

NOVEMBER 29, 2023

Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year.

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Auto Sale Auto Industry Europe 109

CN EV Post

MARCH 29, 2023

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.

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Standards China Emissions Sale 110