Remove Austria Remove For Sale Remove PHEV Remove Purchase
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

And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. Overall, the total for the first quarter of 2020 already highlights a reduction of 26% Q1 2019 with sales decreasing to 17.42 However, before they could look to buy, COVID-19 struck the industry and disabled purchasing power.

Europe 261
article thumbnail

Magna aims to sell EVs in China through JV with BAIC

China EV

That announcement proclaimed the agreement was between BAIC and Magna Steyr, the Austria-based contract vehicle manufacturer that is part of Magna International. Some 700,000 BEVs and PHEVs, plus a few hydrogen fuel cell vehicles, were sold in the Middle Kingdom in 2017. That is the government’s target, I remind him.

China 52