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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. Domestic automobile sales saw a significant year-on-year growth of 20 percent, marking the first full year unaffected by the pandemic. Exports increased by 5.2

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. of total EU car sales in 2017. —Erik Jonnaert, ACEA Secretary General.

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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

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 rules haven’t been finalized, but that process could be completed as soon as March, the industry journal noted. car dealers and dealership managers.

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Chinese Government think tank calls for refocusing auto industry on environment-friendly and energy-saving targets

Green Car Congress

He also said that auto manufacturers should strengthen their safety and quality control standards. Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 In fact, annual sales and production could exceed 17 million, CAAM said.

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Ford and Zotye forming JV in China for EVs; Ford’s third JV in the country

Green Car Congress

Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., a new 50:50 joint venture that will offer a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment. Earlier post.).

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Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

Now, SUVs make up more than half of India’s PV sales. The average on-road prices for hatchbacks—the most price-sensitive automobile segment—have risen from Rs 5.2 The average on-road prices for hatchbacks—the most price-sensitive automobile segment—have risen from Rs 5.2 Hatchbacks saw peak sales in 2017-18, at 1.5

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KPMG Survey: execs say connected car generates 10x revenue than a conventional vehicle; market share based on units “outdated”; BEVs #1 trend

Green Car Congress

The massive amounts of data that is being collected presents a tremendous business opportunity for auto companies. Addressing information security concerns is a critical priority for automakers, and one they cannot afford to get wrong. Good-bye to auto-digital fusion, hello to co-integration. —Gary Silberg.

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