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Ford Explorer EV firms as replacement for soon-to-be-discontinued Escape SUV

EV Central

Ford has cracked the door wide open for the new Explorer EV to come to Australia following the decision to axe the Escape SUV locally. It also means Ford doesn’t have a competitor for some of the top selling vehicles in the country, including the Toyota RAV4, Mazda CX-5, Hyundai Tucson, Kia Sportage and Nissan X-Trail.

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Kia global CEO targets annual sales of 4 lakh units in India by 2030, expects 10% CAGR | Autocar Professional

Baua Electric

South Korean car major Kia has set a target of selling 4 lakh units annually in India by 2030 thereby aiming for a 10% compound annual growth rate (CAGR) over the next seven years. Addressing the CEO Investor Day 2024 in Seoul, Korea on Friday, Ho-Sung Song, the president and CEO of Kia said, “We forecast sales of 1.1

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Hyundai Motor to enter hybrid vehicle segment in India in 3 years | Autocar Professional

Baua Electric

Chung had addressed a town hall earlier in April offering a long-term strategy for the Indian market. Hyundai Motor India is likely to bring in the hybrid powertrain alternatives in its mid-size SUVs in the future. The market leader has guided for sales of about 7.5 million vehicles by the end of the decade. .”

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Retail sales rise 27% to 2.20 million vehicles in April 2024 | Autocar Professional

Baua Electric

The key growth drivers for sales last month are the favourable market sentiment driven by stable fuel prices, positive monsoon outlook by the IMD, festive demand and the marriage season. Honda Motorcycle & Scooter India did well too – 394,147 units and a handsome 61% growth on year-ago sales of 411,206 units.

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Retail sales rise 27% to 2.12 million vehicles in April 2024 | Autocar Professional

Baua Electric

The key growth drivers for sales last month are the favourable market sentiment driven by stable fuel prices, positive monsoon outlook by the IMD, festive demand and the marriage season. Honda Motorcycle & Scooter India did well too – 394,147 units and a handsome 61% growth on year-ago sales of 411,206 units.

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Opinion: GM Shooting Itself in Foot By Killing Chevrolet Malibu

The Truth About Cars

Yet GM seems content to let Honda, Toyota (which has a new Camry launching), and Hyundai/Kia compete for sedan buyers. That second part is true, and the first part definitely applies to body-on-frame SUVs. But again, the company is ceding a part of the market to its competitors instead of, you know, at least trying to fight for sales.

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Used electric vehicle pricing guide: How much you’ll pay for a pre-loved Tesla Model 3, Hyundai Kona Electric, MG ZS EV and many more

EV Central

‘EV values plummet’ has been a regular headline in overseas media this year, as electric car resale values tumble in major markets like the US and UK. America and Europe have more mature EV markets than us, meaning thousands of pre-loved electric cars have popped up on their used car classifieds. of new car deliveries.

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