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GlobalData
GlobalData

Automotive

Tesla is top automotive industry performer

Tesla tops GlobalData’s Thematic Screen which ranks automotive companies according to themes that matter most to the industry, generating a leading indicator of future performance. “For some time now, Tesla has outperformed the sector in terms of measures such as market capitalisation,” says Calum MacRae, Automotive Analyst at GlobalData. “Our latest analysis keeps Tesla firmly […]
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Rising domestic demand marks recovery of South Korea’s auto industry in September 2020, says GlobalData

Following the news that South Korea’s new vehicles sales in September 2020 increased by 3.4%, riding on domestic demand; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “South Korea’s top five automakers Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. […]
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With My MG Shield personalized car ownership program MG Motor India looks to differentiate from others, says GlobalData

Following the news that MG Motor India has introduced ‘My MG Shield’, the personalized car ownership program for its upcoming new premium Autonomous Level-1 SUV Gloster; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “The new personalized car ownership program, which offers flexible bundle of […]
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Maruti Suzuki entry boosts vehicle subscription business model in India, says GlobalData

Following the news that Maruti Suzuki launched vehicle subscription service ‘Maruti Suzuki Subscribe’ for individuals in Delhi-NCR and Bengaluru; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The move, which comes after running pilots across multiple cities, is an extremely positive development for the growth of […]
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UK car output trend a stark reminder that crisis persists

Following the news from the Society of Motor Manufacturers and Traders (SMMT) that UK car manufacturing plunged by 44.6% in August; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view:  “On the upside, we have seen a solid manufacturing restart in Britain’s car industry since the spring, but this latest […]
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Level 2 ADAS technologies trickling down car segments

While advanced driver assistance systems (ADAS) technologies have appeared in luxury cars for some time, they are increasingly appearing in less expensive cars, according to GlobalData, a leading data and analytics company. The objective is, at best, to prevent accidents completely and, at worst, minimise the consequences of an accident for all involved. David Leggett, Automotive Analyst at GlobalData, […]
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Tesla defies odds and paces up hiring to maintain market leadership, says GlobalData

Despite the automotive industry suffering through the challenges brought on by COVID-19, Tesla has defied the odds and continued to hire at a higher rate than average throughout the pandemic. According to GlobalData’s Jobs Analytics database, hiring in the global automotive industry remained mostly flat, with job postings seeing decline in Q2 before showing signs […]
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Global light vehicle market on track for V-shaped recovery

The global light vehicle market is on track for a forecast recovery but remains well below pre-pandemic levels, according to the latest analysis by GlobalData, a leading data and analytics company. “Our analysis points to a slightly disappointing August result for the global vehicle market, but that followed a strong July,” says Calum MacRae, Automotive […]
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Auto sector’s August sentiment score declined by 8% compared to July 2020 as companies struggle to keep up margins

The automotive sector’s August 2020 average earnings transcript sentiment score declined by 8% after showing promising improvements in July. The top gainers, in terms of sentiment score, were China Yuchai International Limited (CYI), Commercial Vehicle Group and Bayerische Motoren Werke (BMW), while the top losers were Adient, Martinrea International and Sypris Solutions, says GlobalData, a […]
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General Motors should explore spin-off options on EVs

Following the news that General Motors has taken an 11% stake and struck an agreement to share technology with electric truck start-up Nikola; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view:  “The tie-up with Nikola follows the announcement last week that GM and Honda would deepen their collaboration […]
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