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Automotive

UK auto sector looks to second half of year for real recovery

Following the news that the UK’s new car market was down 35.5% in the month of February, according to data released by the Society of Motor Manufacturers and Traders (SMMT); David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “February’s weak car sales result was no great surprise given […]
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Sustainability agenda now a key priority for automotive sector with 75% of OEMs discussing this theme in 2020

GlobalData’s Filing Analytics platform identified that around 58% of vehicle manufacturers discussed electric vehicles in 2020, while mentions of sustainability rose by around 57% in 2020 compared to 2019 Sustainability-related M&A and PE/VC deal volumes in the automotive sector increased by more than 50% in 2020 Eco-mobility weighs on hiring activity Sustainability will remain a […]
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Mitsubishi Motors rightly seeing new opportunity in Europe

Following reports that Mitsubishi Motors is considering a reversal of its decision to pull back from Europe and have its cars made at a Renault plant in France; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The pandemic is resetting automakers’ strategic compasses in many ways and creating […]
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Semiconductor shortages to impact auto industry recovery in 2021

GlobalData forecasts the global light vehicle market at 85.1 million units in 2021, 13.1% ahead of 2020’s pandemic-hit total. However, the year will be a tumultuous one for auto sales, with major market swings and considerable uncertainties ahead, according to Globaldata, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “In […]
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Last-mile delivery and electrification offer opportunities to scooter sharing companies in India, says GlobalData

Following the news from that India’s two-wheel shared mobility companies Vogo and eBikeGo raised funds to scale up their operations; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “The domestic scooter sharing market in India has been witnessing highs and lows for the past few […]
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Ford is the latest car company to bite the electric bullet

Following the news that Ford has unveiled a new ramped-up electrification strategy that includes making all its passenger cars sold in Europe zero emissions capable by mid-2026 and transforming its Cologne site into a hub for electric car manufacturing; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Ford […]
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Indonesia off-track with its target of exporting one million vehicles by 2024, says GlobalData

Following the news from the Association of Indonesia Automotive Industries (GAIKINDO) that automotive exports from the country declined by 30.1%; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “Indonesia’s automotive output tumbled significantly due to the COVID-19 and troubled economic environment in 2020. Production, domestic […]
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India’s vehicle scrappage policy presents opportunity to nearly four million vehicles, says GlobalData

The voluntary vehicle scrappage policy under the Indian Union Budget 2021-22 will drive the sales of new fuel-efficient and environment-friendly vehicles, says GlobalData, a leading data and analytics company. In the past few years, India’s auto industry has been witnessing subdued sales volumes and production declines stemming from both the macroeconomic and COVID-19 related issues. […]
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Western Europe’s car market looking up

GlobalData forecasts the Western European light vehicle market at 15 million in 2021, 20.3% ahead of 2020 but still over 1.3 million units short of 2019’s market level. Calum MacRae, Automotive Analyst at GlobalData, comments: “The year was off to a tough start with vehicle sales in January across Europe heavily impacted by pandemic-related population […]
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Nissan strategic plan is on track

Following the news that Nissan has returned to a positive operating profit of 27.1 billion yen for the quarter ended 31 December 2020, David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The swing to operating profit for the latest quarterly financials is a sign that Nissan is now […]
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ASEAN vehicle sales down 28% in 2020, says GlobalData

The sales of new vehicles in Southeast Asia’s six largest markets* combined are estimated to have declined by 28.5% to 2,468,613 units in 2020, according to GlobalData, a leading data and analytics company. David Leggett, Automotive Analyst at GlobalData, says: “The annual picture shows much sharper declines earlier in the year, including a 24% drop […]
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Positive economic growth and better private consumption to drive auto sales in Australia, says GlobalData

Following the news from the Federal Chamber of Automotive Industries (FCAI) that Australia motor vehicles sales grew by year-on-year 11.1 % in January 2021; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “Australia has successfully combated the COVID-19 pandemic and its negative economic impact in […]
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