Subscribe
Sign in
Subscribe
Sign in
GlobalData
GlobalData

Automotive

,

Barclays and Goldman Sachs were top M&A financial advisers by value and volume in automotive sector for H1 2021, finds GlobalData

Barclays and Goldman Sachs were the top mergers and acquisitions (M&A) financial advisers in the automotive sector for H1 2021 by value and volume, respectively. Barclays advised on three deals worth US$7.6bn, which was the highest value among all the advisers. Meanwhile, Goldman Sachs led in volume terms having advised on four deals worth US$6.1bn. […]
Read more

No clear future roadmap by Ford for India, says GlobalData

Even after close to three decades of presence, Ford struggles to make it big in India. The American automaker has been in news recently over various speculations such as winding up operations in the country, selling its manufacturing to new automaker Ola, contract manufacturing for Citroen, or looking for a new business partner to bring […]
Read more

Hero Electric aims for EV leadership with new business expansion plans in India, says GlobalData

Following the news that Hero Electric Vehicles, the electric arm of India’s leading two-wheeler company Hero MotoCorp, will invest INR7bn as part of its business expansion plans by 2025; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Hero Electric mulling investments in electric two-wheeler segment […]
Read more

Hyundai partners with shared mobility players to create conducive EV ecosystem for future electric mobility, says GlobalData

Hyundai Motor Group, with its electrification strategy (Strategy 2025) roadmap, has planned to spend over US$87bn on the development and production of electric vehicles (EVs) and autonomous vehicles by 2025. Hence, it has partnered and set-up strategic alliances with multiple stakeholders including EV component manufacturers such as batteries, charging infrastructure, battery recycling, leasing companies and […]
Read more

Fleet electrification provides long-term solution for last-mile delivery in India, says GlobalData

Following the news that Hero Motors Company’s electric vehicle (EV) arm Hero Lectro has partnered with logistics firms Fast Despatch Logistics (FDL) and Turtle Mobility to deploy e-cargo bikes for last-mile delivery; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “India has been lately witnessing […]
Read more

Global vehicle market disappointing in May, says GlobalData

Although the global vehicle market is in recovery in 2021, the month of May was a reminder of ongoing demand fragility, according to the latest analysis by GlobalData, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “Global light vehicle sales increased 36.2% in May versus last year, but in the […]
Read more

Alibaba exploring opportunities in autonomous logistic distribution with new self-driving plans in China, says GlobalData

Following the news that Chinese technology and retail giant Alibaba is exploring opportunities to develop self-driving trucks with logistics subsidiary Cainiao Network Technology Co., Ltd; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The news of Alibaba working with its logistics subsidiary Cainiao on self-driving […]
Read more

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 […]
Read more

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 […]
Read more
1 … 11 12 13 14 15 … 32