Electric Cars Report

SEPTEMBER 1, 2023

Chinese premium electric vehicle makers, XPENG, NIO and Li Auto announced their vehicle delivery numbers for the month of August and their combined results were a record for any month. Since the start of […] The post XPENG, NIO, Li Auto Report EV Sales Increases In August appeared first on Electric Cars Report.

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Baua Electric

MAY 23, 2024

TSMC has estimated second-quarter sales may rise as much as 30% as it rides a wave of demand for semiconductors used in artificial intelligence applications (AI). In April, TSMC lowered its outlook for the global semiconductor industry excluding memory to a growth rate of around 10% from a previous forecast of more than 10%.

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Baua Electric

MAY 1, 2024

Stagnant Tesla sales flatten EV growth in California. Are electric vehicle sales down in California? Overall EV deliveries were pulled downward by sagging Tesla sales but mostly countered by strong sales of EVs from other brands, including Hyundai. Toyota sets up shop for all things hydrogen. Privacy Policy.

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Baua Electric

APRIL 24, 2024

Auto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares in North America. It also posted sales of USD3.70 It now expects to report organic revenue growth for parts and services between 2.5%

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Baua Electric

MAY 15, 2024

Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post SK Innovation considering sale of battery materials unit SKIET – ET Auto appeared first on Bauaelectric Auto News.

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Auto South Korea Sale Batteries 52

Baua Electric

APRIL 15, 2024

The rise in SUV sales highlights the evolving trend in India’s car market, with consumers increasingly gravitating towards vehicles that offer both comfort and style, along with higher ground clearance and heavy vehicle build. This trend reflects an increasing preference for larger, premium vehicles in Tier II and Tier III cities.

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Baua Electric

OCTOBER 6, 2023

Auto gross sales have been up in September and the 3rd quarter as effects have been buoyed by way of Exertions Month weekend buying groceries, new-vehicle stock and strong call for for sunny vans and electrified automobiles. The post September auto gross sales defy expectancies appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 4, 2024

Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. Magna said it expects full-year 2024 sales of USD 42.6 billion to USD 44.2 billion to USD 45.4

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Baua Electric

MAY 21, 2024

Analysts on average were expecting AutoZone to report third-quarter net sales of USD 4.29 Quarterly net sales at the auto parts supplier, which competes with Advance Auto Parts and O’Reilly Automotive , rose 3.5% Analysts on average were expecting AutoZone to report third-quarter net sales of USD 4.29

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Teslarati

NOVEMBER 29, 2023

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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Teslarati

MAY 6, 2024

The news comes as multiple executives have departed from the company amidst a larger restructuring effort , which has included several rounds of layoffs that began in mid-April. Following the news, Bank of America estimated that adding Tesla’s FSD to the Chinese market could generate as much as $2.3 plant’s production ramp.

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Baua Electric

MAY 9, 2024

Kia India will expand Kia Krystal’s ambit to include a new process for welcome calls, aimed at onboarding new customers post-sales and keeping them informed about ownership programs and offerings. New Delhi: Kia India Friday launched Kia Krystal , an innovative digitized aftersales initiative.

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Push EVs

APRIL 8, 2023

share of the auto market in March, down from 91.9% Overall auto volume was 19,366 units, up some 19% YoY, and the highest March sales since at least 2016 (though compensating from a hangover earlier in Q1). The Model Y alone took over 38% of Norway’s new passenger auto registrations in March. year on year.

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Baua Electric

APRIL 25, 2024

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. The company said it is well-placed with Chinese carmakers, accounting for 14% of its first-quarter sales, both for the Chinese market and for export.

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Parts Auto Sale Chinese 52

Baua Electric

APRIL 11, 2024

Sagging full-size pickup sales might soon impact EV plans. And is a grille looking more like that of combustion versions what Mercedes needs to spur more EQS sales? Ford, GM, and Stellantis have been relying on sales of expensive full-size pickup trucks to effectively bankroll the EV push. cities soon. Privacy Policy.

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Mercedes Sale Green Cars Chicago 52

Green Car Reports

DECEMBER 15, 2023

European sales of the Honda E retro EV are being halted amid slow sales, Automotive News Europe reported last week. Unveiled at the 2019 Frankfurt auto show, the E market the start of a new generation of compact EVs, and it earned praise for its cute exterior and dashboard full of screens.

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Baua Electric

APRIL 25, 2024

And EV sales are set to make gains in the U.S. Because of all the battery investment, automaker commitments, and emissions regulations, half of new vehicles sold globally could be EVs, it says. GM reveals more about what will turn its EVs into backup power for the home. Mini shows its Aceman EV. and globally in 2024.

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Baua Electric

MAY 3, 2024

Auto parts supplier Aptiv on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor. The auto parts supplier also raised its share repurchase target for the year to USD 1.5 Shares of Aptiv jumped about 11.6% in morning trading.

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The Truth About Cars

JUNE 16, 2023

Florida governor and GOP presidential candidate Ron DeSantis recently joined the fray when he signed House Bill 637, legislation that blocks direct auto sales for most brands but not all.& & As Inside EVs pointed out, the bill’s language prohibits direct-to-consumer sales by automakers.

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Baua Electric

JANUARY 25, 2024

Jefferies said the sales guidance was 5% below consensus, adding there could be further risks to the outlook, depending on the level of decline in auto and industrial chip demand in the first half of 2024, and the rate of recovery in the second. In 2024, STMicro plans to invest about USD 2.5 billion to USD 16.9

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The Driven EV News

JULY 5, 2023

As Tesla and BYD smash EV sales records, legacy auto is staring into the abyss. The post Worrying signs for GM as its EV sales plunge and legacy auto stares into abyss appeared first on The Driven. Like Volkswagen and Toyota, GM is not only stalling on EVs but going backwards.

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The Truth About Cars

JANUARY 3, 2024

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. At this time, our Toronto-area dealers have agreed to fund all display and activation costs pertaining to the Toronto auto show.”

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The Truth About Cars

OCTOBER 4, 2023

With massive improvements in available inventory – and a strong demand despite gonzo interest rates – vehicle sales were very robust last quarter and indeed for the entire year to date. There’s a chart below, detailing most of the brands which have seen fit to release their sales data in a timely manner. No, seriously.

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Baua Electric

JANUARY 17, 2024

Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Minda Corp exits Pricol with 15% stake sale, rakes in INR 260 cr profit – ET Auto appeared first on Bauaelectric Auto News.

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Electrek

DECEMBER 2, 2022

Ford released its US auto sales for November today, and although electric vehicle sales were up over 100% YOY for the fifth straight month, gas-powered car sales continued to slide. The sales report highlights the direction in which the US auto industry is headed – forward.

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Auto Industry Industrial Industry Auto 106

Teslarati

SEPTEMBER 8, 2023

After passenger vehicle sales dropped in June and July, the Chinese auto market recovered in August with a return to growth. Passenger auto sales in China increased 2.2 In July, overall auto sales in China slid 2.6 Credit: Reuters Overall auto sales in China increased 8.5

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China Sale Tesla Highlander 142

Baua Electric

FEBRUARY 5, 2024

Overall new car sales in January rose 8.2% Total BEV sales for the month rose 21% to 20,935 units, with fleet and business demand for BEVs up 41.7% While total new car sales forecast for 2024 is now estimated to be 4,000 units higher, the BEV forecast has been reduced to a market share of 21% over the year, down from 22.3%

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Teslarati

DECEMBER 6, 2023

A look at reports in the past months would show that a narrative around electric vehicle sales has formed. Considering the trends in the sales of vehicles like the Ford F-150 Lightning and startups like Lucid Motors, skeptics have claimed that electric cars are seeing a demand problem. That’s an increase of 36% from 2022.

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Electric Vehicles Sale Thailand Vehicles 130

Baua Electric

APRIL 21, 2024

These centres act as a one-stop solution for all after-sales & service-related requests, the release added. Our 500th service centre in Kochi is a testament to our service promise to our customers, and we will continue to strengthen our after-sales & service network across India.”

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CN EV Post

APRIL 3, 2023

(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. million to 1.75

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The Truth About Cars

JANUARY 31, 2024

EV sales fell for two consecutive quarters last year, down ten percent between Q3 and Q4, to 89,993 registrations. As Automotive News pointed out, the state still registers a substantial number of EVs, and they accounted for 21.4 percent of auto sales last year.

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Baua Electric

MAY 17, 2024

Maruti Suzuki India Limited inaugurated its 3,000th ARENA sales outlet located in Ludhiana, Punjab. Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki India Limited said, “Crossing the milestone of 3,000 ARENA sales outlets shows our constant endeavour to be closer to our customers to offer a delightful buying experience.”

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CN EV Post

APRIL 6, 2023

With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said. Many automakers in China launched rare price wars in March to try to boost sales. The Vehicle Inventory Alert Index for China's auto market was 62.4 Of those, 20.5

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Electrek

AUGUST 18, 2022

Chinese automaker Geely Auto released strong first-half 2022 results today, showing a massive surge in EV sales. The automaker continues growing its electric segment, with pure electric vehicle sales surging 520% from 2021.

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Baua Electric

MAY 21, 2024

JK Tyre’s Chairman and Managing Director Dr. Raghupati Singhania expects a 9-10% topline growth in FY25, buoyed by government infrastructure spending, rising domestic auto demand and a recovery in exports. Elaborating on the levers of growth, Singhania highlighted that the momentum in infrastructure development is likely to continue.

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Teslarati

MARCH 4, 2024

Data from the China Passenger Car Association (CPCA) has revealed that Tesla China’s sales of Giga Shanghai-made vehicles declined in February 2024. The decrease came amidst the Chinese New Year holiday, which appears to have impacted China’s general automotive sector last month. Domestic sales were 36.5k

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Baua Electric

FEBRUARY 7, 2024

of the total sales, while nearly one out of seven NEVs sold during the month was also exported, CAAM data shows. China’s new energy vehicle sales fell 38.8% China’s new energy vehicle sales fell 38.8% Vehicle sales, including those exported, totalled 2.44 of total sales, grew 78.8%

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