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GlobalData
GlobalData

Automotive

China passenger vehicle sales growth decelerates in May 2021 but electric vehicle sales remain strong, says GlobalData

Following the news that China’s passenger vehicle sales grew by only 1.1% year-on-year (Y-o-Y) in May 2021, as per the data from China Passenger Vehicle Association; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Relatively slow growth in passenger vehicle sales in China can be […]
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Audi eyes to increase its EV market share in South Korea with new carbon neutrality plans, says GlobalData

Following the news that Audi Volkswagen Korea opened its exhibition goTOzero in Korea and announced its electrification plans to go net zero by 2050; Bakar Sadik Agwan, Associate Project Manager of Automotive at GlobalData, a leading data and analytics company, offers his view: “Audi Volkswagen Korea’s plan to ramp up electrification and achieve net-zero carbon […]
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Attero will help MG Motor India to build complete EV ecosystem, says GlobalData

Following the news that MG Motor India has collaborated with India-based electronic asset management company and clean-tech provider Attero to recycle electric vehicle (EV) batteries; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “While OEMs, government and tech companies are working collectively on boosting the […]
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Global vehicle market recovery on track, says GlobalData

After an unprecedented pandemic-induced reversal in 2020, the global vehicle market is firmly in recovery phase in 2021, according to the latest analysis by GlobalData, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “April’s light vehicle sales have now been reported for all global markets. They show an 83.4% year-on-year […]
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Adopting AI is crucial to combat the squeezed margins and potential volume decline of the automotive industry, according to GlobalData

Artificial intelligence (AI) will be a crucial tool in combating the squeezed margins and potential decline of volume in the automotive industry, according to GlobalData, a leading data and analytics company. Effective adoption of AI is the key to understanding and making use of the sheer amount of data that today’s increasingly connected cars and […]
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Subscription model to make electric vehicles more accessible in Australia, says GlobalData

Following the news that global battery giant Sonnen GmbH has launched electric vehicle subscription service SonnenDrive in partnership with shared mobility brand Carbar in Australia; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “A vehicle subscription model that encompasses everything right from registration, maintenance, insurance, […]
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Harley-Davidson accelerates job postings in 2021, gears-up to increase ridership, finds GlobalData

Harley-Davidson has taken a multi-pronged strategy to boost ridership, develop its dealer network, and to build customer-dealer relationships. Job positions in January 2021 indicate the company is strengthening its dealer network by advising on ways to increase sales and also consulting with dealers on how to boost product development, finds GlobalData, a leading data and […]
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Toyota fast-tracks autonomous vehicle plans with Lyft’s Level 5 acquisition, says GlobalData

Following the news that Toyota Motor’s tech investment arm Woven Planet Holdings has agreed to acquire shared mobility giant Lyft’s self-driving vehicle division Level 5 for US$550m; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “The move comes a week after the company announced electrification […]
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Ola Hypercharger Network will boost customer confidence in electric two-wheelers in India, says GlobalData

Following the news that ride-hailing company Ola plans to set up 100,000 high-speed charging points across 400 cities in India under ‘Ola Hypercharger Network’ for its upcoming electric two-wheelers; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “Ola’s plan to establish its own strong network […]
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Chips shortage for autos likely to last into 2022, says GlobalData

Following the news from Daimler that a shortage of critical semiconductor components hit deliveries in the first quarter and will further impact sales in the second quarter; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Daimler’s warnings today are the latest in a long line of warnings and […]
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Discussion on subscriptions by automotive companies rose by 73% in 2020 as they look to diversify sales channels, finds GlobalData

Consumers’ need for greater convenience and flexibility, and the shift away from the need to own assets, is driving auto companies to try and capitalize by pursuing subscription models. While auto companies have discussed subscriptions in the past, discussions in earnings transcripts surged in 2020, with the entry of more original equipment manufacturers (OEMs) in […]
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Rising fuel prices, costlier conventional vehicles drive CNG car sales in India, says GlobalData

Following the news that Maruti Suzuki India Limited sold over 157,000 factory-fitted CNG vehicles in FY2020-21; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Increasing CNG car sales indicate the growing alternative fuel vehicle market in India and is a positive development towards achieving clean […]
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