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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. The company also shared its intention to expand retail operations in North America and Europe. Fisker wants auto dealers to sell the company’s all-electric Ocean crossover.

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Tesla Model Y Rules In Europe — Europe EV Sales Report

CleanTechnica EVs

Approximately 288,000 plugin vehicles were registered in September in Europe, +15% year over year (YoY). Last month’s plugin vehicle share of the overall European auto market was 25% (17% full electrics/BEVs). Unfortunately, the overall market also grew by double digits, +11%, as it is finally recovering from a couple of bad years.

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Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs – ET Auto

Baua Electric

Automotive seating supplier Adient plc on Monday said it was restructuring its Europe business by cutting jobs and transferring work to countries with lower labor expenses, in a bid to cut costs. The company’s sales suffered in the first quarter ended Dec. 31, as the UAW strikes affected production volumes in the United States.

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VinFast expands aftersales service in Europe

Teslarati

Vietnamese automaker VinFast expanded its aftersales services in Europe by partnering with a local automotive repair and maintenance brand. It works with various brands, including Norauto, Midas, ATU, Auto 5, and Carter-Cast. The post VinFast expands aftersales service in Europe appeared first on TESLARATI.

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EU auto sales expected to slow in 2024 as EV share increases: ACEA

Teslarati

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. percent this year.

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Auto supplier Forvia posts organic sales growth for Q1 on strong N.America – ET Auto

Baua Electric

European automotive supplier Forvia reported higher organic sales for the first-quarter on Thursday driven by strong North America, and said new awards from Chinese carmakers had boosted quarterly orders. The group, born from Faurecia’s takeover of Hella in 2022, reported sales of 6.53 billion euros (USD 6.98 That was down 1.7%

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Car parts maker Valeo posts lower first-quarter sales on weak EV demand – ET Auto

Baua Electric

Car parts makers face slowing auto production, leaving suppliers with excess capacity, and are striving to reduce costs, including laying off workers, as Chinese EV makers expand in Europe. It reported quarterly sales of 5.43 As a result, EV high-voltage activity almost halved in the quarter, the CEO said. billion euros (USD 5.82

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