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GlobalData

Automotive

Toyota eyes leadership in EV battery technology over next decade with announced investments, says GlobalData

Following the news that Japanese automaker Toyota plans to spend U$13.5bn to develop electric vehicle (EV) battery technology and supply system by 2030; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Toyota, the world largest automaker by volume sales, pioneered the transition to hybrid vehicles […]
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Motor shows must evolve to stay relevant, says GlobalData

Following the opening of the 2021 Munich Internationale Automobil-Ausstellung (IAA) motor show this week; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “For the traditional motor show format – show halls filled with the automotive manufacturers’ latest models and concepts – these are very tough times. The old […]
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Automotive supply chain shortages getting worse, says GlobalData

Analysis by GlobalData, a leading data and analytics company, suggests the disruption to the global auto industry’s supply chains caused by surging Covid-19 infection rates and lockdowns in southeast Asia is worsening. “The next month or so will be a very big challenge for the industry,” says David Leggett, Automotive Analyst at GlobalData. “Automotive supply […]
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July 2021 resilient for Toyota but output in coming months may succumb to supply disruptions, says GlobalData

Following the news that Japanese automaker Toyota Motor reported 11.9% growth in its global vehicle output; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The positive uptick in the production output, which comes at a time when most OEMs are struggling with their supply challenges, […]
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Business venture restructuring in China to help Mazda Motor to improve competitive position, says GlobalData

Following the news that Japanese automaker Mazda Motor Corp has agreed to restructure car joint venture (JV) with Chinese partners Changan and FAW; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The restructuring, which makes Changan Mazda Automobile Co., Ltd. (CMA), a new venture, and […]
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Despite late return to market, India-focused SUV to improve Honda’s competitive position, says GlobalData

Following the news that Honda Cars India Limited (HCIL) is developing an India-centric SUV; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “With the announcement of an India-focused SUV, Honda Cars India is following the trail of other automakers. Despite the action being ‘late’, the […]
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Geely is a car company to watch, says GlobalData

Following the news that China’s Geely Group is targeting 3.65 million sales a year by 2025, David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Geely is a car company to watch. The largest privately owned automaker in China has struck a large number of tie-ups or partnerships with […]
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Long overdue vehicle scrappage policy milestone step for Indian auto industry, says GlobalData

Following the news that India launched Voluntary Vehicle Fleet Modernisation Programme (vehicle scrappage policy); Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The average operational life of a passenger vehicle in India stands at more than 25 years. According to GlobalData’s Automotive Intelligence Center, there […]
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Geely will bolster Renault presence in China, says GlobalData

Following the news that Geely Holding Group and Renault Group have agreed to form a hybrid vehicle joint venture with focus on China and South Korea markets; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The joint venture will see Renault-branded hybrid vehicles being sold […]
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Foxconn aggressively carving out a niche in APAC EV industry, says GlobalData

The rapid growth of electric vehicles (EVs) has transformed the traditional automotive industry business due to the merging boundaries between automotive technology, electronics and information & communication technology. Over the past few years, technology companies, such as Foxconn have been aggressively trying to carve out a niche in the Asia-Pacific (APAC) automotive industry with their […]
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