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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

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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 —Felipe Munoz, JATO’s global analyst. Registrations fell in all 27 markets, but with varying severity.

Europe 261
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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 2015 forecast share by region.

2015 150
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. The North American market will continue its upswing, though the pace differs by country. North America.

2015 150
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
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Made-in-India two-wheeler exports finally on the upswing | Autocar Professional

Baua Electric

While domestic market wholesales are posting strong double-digit growth on the back of a much-awaited rural India recovery, export demand for made-in-India two-wheelers is finally beginning to see the green shoots of recovery. And there a 50% YoY increase in export sales of the 200-250cc segment – to 73,488 units (FY2023: 48,815).

India 52
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Hyundai introduces next-gen heavy-duty truck at 2013 Seoul Motor Show; 7% improvement in fuel economy

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commercial vehicle market, such as driver seat with cold/warm air ventilation, button-start. Hyundai Xcient will go on sale in the second half of this year with a target of 60,000 global sales by 2017. Hyundai is set to hold events for the new car in overseas markets including Peru and Russia.

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GM Creates New South America Regional Organization

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GM South America includes GM’s existing sales and manufacturing operations in Brazil, Argentina, Colombia, Ecuador and Venezuela as well as sales activities in those countries and Bolivia, Chile, Paraguay, Peru and Uruguay. The GM International Operations team is doing a great job expanding our global presence.