Today, Shanghai is slated to come out of a strict two-month COVID lockdown. China’s largest city, Shanghai is home to about 25 million people. The end of lockdown will permit residents to more freely move about the city,...more
The third quarter of 2021 has been a tough one for the auto industry. Ongoing chip shortages, labor shortages, high logistics costs, supply chain pressures, and fluctuating economies continue to place pressures on automotive...more
Chinese auto sales grew at least 8 percent year over year in October. This follows a 7.4% jump in September. October marked seven straight months of year over year growth in China. China’s growth stands in stark contrast to...more
Europe hit a milestone in July—and no, it was not related to COVID-19 statistics. Electric vehicle (EV) car sales in Europe hit 500k in the first half of the year, outpacing China’s EV sales for the first time since 2015....more
As May begins, analysts are focused on the sales numbers from April to see how the auto industry fared coming out of the first full month of global coronavirus impact. All in, 24 states allowed dealerships to remain open,...more
Preliminary numbers indicate auto sales in China rose in June, reversing course for the first time in a year. Sales rose a reported 4.9% in June. As previously discussed on the blog, sales in China have been in a downward...more
Anyone following electric vehicle news in the past several months may feel like they are watching a yo-yo: first one analyst will predict an EV boom, and then another analyst will predict an EV sales slowdown. However,...more
The Chinese automotive industry is suffering its first sustained downturn in at least two decades. As previewed in our July update, sales in China started to turn over the summer. After a 4.8% increase in June, sales fell by...more
12/18/2018
/ Automotive Industry ,
Cars ,
China ,
Manufacturers ,
Motor Vehicles ,
Retail Market ,
Retail Sales ,
Revenue Growth ,
Sales ,
Tariffs ,
Trade Policy
Automakers reported strong June sales in the United States. Riding a wave of truck sales and new crossovers, GM posted a 4.6% increase for the second quarter and increased its market share to 16.6%. Ford increased total sales...more
7/12/2018
/ Automotive Industry ,
BMW ,
China ,
Ford Motor ,
General Motors ,
Honda ,
Imports ,
Manufacturers ,
Sales ,
Section 232 ,
Steel Industry ,
Tariffs ,
Tesla ,
Toyota ,
Trade Expansion Act of 1962
Many of the stories coming out of Auto China 2016 are showcasing the SUVs and luxury SUVs at the show. Highlights include SUVs and crossover SUVs concepts from VW (VW T-Prime Concept GTW), Infiniti (QX Sport Inspiration),...more
5/3/2016
/ Automotive Industry ,
China ,
Electric Vehicles ,
Ford Motor ,
General Motors ,
Honda ,
Mazda ,
Mercedes-Benz ,
Ridesharing ,
Sales ,
Volkswagen
As we posted earlier this year, car sales in the European auto industry have been on the upswing for nearly two years. This continued in July as sales rose in Germany, France, Italy, and Spain. Spain posted the biggest gain,...more