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GlobalData
GlobalData

Automotive

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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A&D and automotive sectors saw double-digit sentiment growth in Q4 2020, says GlobalData

The aerospace & defense (A&D) and automotive sectors had the highest earnings transcript sentiment growth in Q4 2020 verses Q3, according to the filing analytics database by GlobalData, which identified a respective 13% and 12% growth. Rinaldo Pereira, Senior Business Fundamentals Analyst at GlobalData, says: “Stoppage of travel and stay-at-home orders had lasting effects on […]
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2020 a bleak year for UK automotive, but outlook is brighter

Following the news from the SMMT that UK car manufacturing output fell 29.3% in 2020 to 920,928 units, the lowest total since 1984; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The considerable decline for the year in the UK is mainly explained by the loss of export […]
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Bumpy ride ahead for light vehicle markets in 2021

GlobalData forecasts the global light vehicle market at 85.4 million units in 2021, 13.7% 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, says Globaldata, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “We expect […]
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Goldman Sachs and Houlihan Lokey were top M&A financial advisers by value and volume in global automotive sector for 2020, finds GlobalData

Goldman Sachs and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the global automotive sector for 2020 by value and volume, respectively. Goldman Sachs advised on six deals worth $12.4bn, which was the highest among all advisers. Meanwhile, Houlihan Lokey led in terms of volume, having advised on eight deals worth […]
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Sullivan & Cromwell and Kirkland & Ellis were top M&A legal advisers by value and volume in global automotive sector for 2020, finds GlobalData

Sullivan & Cromwell and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the global automotive sector for 2020 by value and volume, respectively. Sullivan & Cromwell advised on five deals worth $10.28bn, which was the highest value among all advisers. Meanwhile, Kirkland & Ellis led in volume terms having advised […]
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Nissan’s UK manufacturing move a boost for UK industry

Following the news that Nissan is to commit to manufacturing electrified vehicles at Sunderland and source more batteries in the UK; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The Nissan news will boost confidence in the UK’s automotive sector. Nissan’s Sunderland plant is the UK’s largest with […]
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