Remove Auto Industry Remove Automobile Remove Cars Remove Sale
article thumbnail

European car sales up 15% in July, EV sales rise more than 60%

Electric Cars Report

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).

Sale 116
article thumbnail

BYD NEV sales up 262.9% YOY in October

Green Car Congress

In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. So far, BYD Han’s cumulative sales have exceeded 130,000 units, with increases for seven consecutive months. year on year (YoY) and 12.5%

BYD 448
article thumbnail

Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales.

article thumbnail

CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

article thumbnail

Indian car dealers worry about deeper discounts amid sales slump

Baua Electric

By: Reuters | Updated on: 06 Sep 2024, 08:58 AM The Indian auto market struggles with high inventory and consumer hesitancy, prompting fears of deeper discounts. August sales fell 4.5 August sales fell 4.5 August sales fell 4.5 August sales fell 4.5 Dealerships’ sales of cars fell 4.5

Dealers 52
article thumbnail

Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

And the automobile industry in India is a significant contributor to the country’s economy. As a result of the dynamic nature of the sector and the ongoing technical breakthroughs, there is a significant demand for talented people in various fields, including engineering, design, production, supply chain management, and sales.

article thumbnail

NIO keeps goal of doubling sales this year despite price war causing greater challenges

CN EV Post

NIO maintains its previously mentioned goal of doubling sales, despite greater challenges to meet the goal, said William Li. NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. Photo taken by CnEVPost.)

Price 141