GlobalData
GlobalData

Automotive

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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Tencent partnership will expedite Geely’s autonomous and smart tech development, says GlobalData

Following the news that China-based Geely Auto Group has partnered with technology conglomerate Tencent Holdings Ltd; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “The partnership between Geely and Tencent will offer significant value to the China’s next-gen mobility market. Both the companies aim to […]
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South Korea looks to strengthen position in global autonomous vehicles market with KRW1.1 trillion investment, says GlobalData

Following the news that South Korea has announced to inject KRW1.1 trillion (US$999m) to develop autonomous driving technologies; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “In 2019, South Korea committed US$50.7bn to the autonomous vehicles industry by 2025 along with top OEMs, and later […]
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Beijing successfully steering China’s market recovery to EVs

Following the release of data from the China Association of Automobile Manufacturers (CAAM) that showed total vehicle sales in China last year declined by just 1.9% to 25.3 million units; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Sales of electric cars are picking up especially strongly in […]
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Earth Ride strengthens Hero Electric competitive position in e-2W segment in India, says GlobalData

Following the news that India-based electric two-wheeler (e-2W) company Hero Electric has partnered with electric vehicle leasing start-up Earth Ride in India; Animesh Kumar, Director of Automotive and Travel & Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “In recent times, the electric two-wheeler market has witnessed the entry of […]
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Tesla to sustain growth momentum in coming years as it innovates faster than rivals

Tesla is the automaker of the future with its transformation towards smarter and cleaner mobility globally. The company’s innovation-driven approach and its high expenditure on capital ensures that it stays ahead of its peers. A continuing focus on new product development and product scaling, along with its plan to enter emerging markets, such as India, will help the company sustain its status as a leader in the coming years, says GlobalData, a leading data and analytics company. The […]
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Volkswagen strengthens position in value chain of lucrative used vehicles segment in India, says GlobalData

Following the news that Volkswagen Finance Pvt. Ltd. (VWFPL) India, part of Volkswagen Financial Services, has acquired a majority stake in Chennai-based automotive fintech platform KUWY Technology; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “A key component of VW Group’s India 2.0 strategy, which targets […]
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Fiat Chrysler Automobiles looks to increase localization, reduce costs and grow SUV sales in India, says GlobalData

Following the news that Fiat Chrysler Automobiles (FCA) has announced an investment of US$250m to increase sales volumes and enhance portfolio in the lucrative SUV segment in India; Animesh Kumar, Director of Automotive and Travel & Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “Through the investment, which is in […]
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China holds key to the future success of Stellantis, says GlobalData

Following the news that the shareholders of Peugeot- Citroën (PSA) and Fiat-Chrysler (FCA) have approved the proposed merger to create Stellantis; Mike Vousden, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view:  “Stellantis’s leadership will be hoping the newly merged group can tackle some of the specific weaknesses that affected FCA and […]
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