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SUV sales surge in India’s preowned car market – ET Auto

Baua Electric

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.

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Ford introducing new midsize SUV in China; Territory will offer 48V mild hybrid and plug-in hybrid variants

Green Car Congress

Ford has released the first images of the new Territory, a mid-size SUV targeted at new buyers in emerging cities in China. Territory customers can choose between a fuel-efficient gasoline engine option; 48V mild hybrid with Miller-Cycle technology; and a plug-in hybrid powertrain when it goes on sale in early 2019. Market background.

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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 Overall, the total for the first quarter of 2020 already highlights a reduction of 26% Q1 2019 with sales decreasing to 17.42

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Struggle for China’s electrical SUV marketplace heats up at house and in another country

Baua Electric

Xpeng, Leapmotor and others have fired again with their very own reductions, moment BYD introduced a cut price of $1,000 on its market-leading Track Plus SUV, or about 4 p.c inexpensive than Fashion Y and nearly the similar worth as Honda’s CR-V, first-quarter gross sales of which slumped 56 p.c.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

Sales volumes in November were up year over year by more than 11%, but down from October. The elevated prices and high loan rates are likely putting downward pressure on sales. —Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. of total sales in November from 17.8% in October.

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Rising disposable income giving a thrust to connected cars in India – ET Auto

Baua Electric

Car variants that are connected feature-rich contribute as much as 45% of sales of a particular model, according to industry estimates. Given the robust demand, carmakers have started offering such features in all premium SUVs sold in the local market.

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Component makers line up capex, scout for land parcels as business booms – ET Auto

Baua Electric

New Delhi: Domestic sales of cars and two wheelers are projected to slow down in the new fiscal year but the makers of critical auto components are going on full steam with capital expenditure. So what explains this dichotomy between vehicle sales forecast and growing capex by component makers? lakh crore to grow by 5-7%.

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