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Tag Archives: GlobalData consultancy
September Western European Diesel Sales Continue to Drop
An analysis released today by the respected GlobalData consultancy* shows that the diesel share of new car sales in Western Europe during September 2024 fell to 11.9% with August confirmed at 13.8%.
“The MoM difference appears significant, and the trend remains negative, but the September figure is influenced by the large UK total market, and the lower-than-regional-average share that diesel occupies within it. This effect typically drags down the European result in September, though in 2023 it was offset by distortions in the German market caused by withdrawal of a key BEV incentive that increased the non-BEV share, including diesel,” GlobalData said. Continue reading
China Vehicle Sales at Record High in November 2023
“The main driving force of this year’s exports was the improved competitiveness of Chinese products and the breakthrough into the European and American markets. Also, the international brands in the Russian market have now been fully replaced by Chinese vehicles because of the Russia-Ukraine crisis. In addition, a huge export increase has resulted from the improvement in China’s NEV competitiveness. As long as there is stable market demand in the world, there is still plenty of scope for developing China’s auto exports in the future,” GlobalData said. Continue reading
Posted in auto news, economy, manufacturing, milestones, news analysis, results, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, GlobalData Asia-Pacific Light Vehicle Sales Forecasting Team, GlobalData consultancy, Ken Zino, oxford economics
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Trump Presidency Effects on Auto Industry – All Bad?
After the election of Donald Trump, Jeff Schuster, Vice President Research Automotive at the GlobalData* consultancy, offered thoughts some of the changes expected in the US automotive industry from Trump 2.0. Fasten your safety belts! AutoInformed thinks it’s going to be a bumpy job, climate and economy threatening ride.
“Automotive is one of the sectors that could see a significant mid-term impact from the new Trump presidency in the areas of Trade, Electric Vehicle Transition and Regulations, “said Schuster this morning. Continue reading →