Remove Argentina Remove Global Remove Mercedes Remove Sale
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

Europe 261
article thumbnail

Nissan investing $600M in Argentina; domestic production of new pick-up

Green Car Congress

Nissan Motor will invest $600 million in Argentina and will become an Original Equipment Manufacturer (OEM) with the domestic production there of an all-new NP300 Frontier pick-up. With the expansion, Nissan is making Argentina a key component of its regional strategy eventually to position itself among the Top 3 brands in Latin America.

Argentina 150
article thumbnail

Mercedes-Benz Vans launches new Vito in China; unveiling electric van of future this week

Green Car Congress

Mercedes-Benz Vans launched its new mid-size van—the Vito—at the Chengdu Motor Show in China on Friday. In an event to be held this Wednesday at its “Van Innovation Campus” in Stuttgart, Mercedes-Benz Vans will unveil its vision of the van of the future: connected and electrically powered. FBAC) in Fuzhou in August.

Mercedes 150
article thumbnail

Daimler Buses acquires a 5.25% stake in IVU AG; strategic partnership for integrated mobility

Green Car Congress

In 2018 Daimler Buses saw major sales growth, selling 30,900 buses and chassis worldwide (compared with 28,700 in the prior year). The sustained high demand for complete buses, the slowly recovering Brazilian economy and growth in India were major contributors to this sales success. Return on sales was 5.9

Argentina 186
article thumbnail

JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

Green Car Congress

2018 marked a record year for the sale of battery-powered electric vehicles, according to data from JATO Dynamics. million sales throughout the year, up by 74% (about 1.5% of total global sales). The Model 3 became the world’s best-selling EV, as it was boosted by sales in North America, where it first became available.

2018 273