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GlobalData

Automotive

OLX takes franchise route to strengthen position in India’s used car market, says GlobalData

Following the news that India’s leading online marketplace for selling used products, OLX, announced the launch of franchisee-led pre-owned car retail; Bakar Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “The entry of OLX in offline franchise-based retailing business with ‘OLX Autos’ is an extension of the company’s […]
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Enhanced collaboration with Amazon to strengthen Toyota’s presence in mobility services, says GlobalData

Following the news that Japan-based Toyota Motor has expanded its global collaboration with Amazon Web Services with an eye on future car technology; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The collaboration is a key move, which takes Toyota closer towards its aspiration of transitioning […]
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Sale of 2, 3-wheeler EVs sans batteries increase uptake and promote new business models, says GlobalData

Following the news that the Ministry of Road Transport and Highways India has allowed the sale and registration of electric two and three-wheelers without batteries; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “The cost of ownership, along with the availability of adequate charging infrastructure, is […]
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COVID-19 pandemic breathes new life into electric scooters

The UK Government recently fast-tracked a permit to allow electric scooter rentals on public roads. The move forms part of a broader investigation into greener travel and overcrowding on public transport as the COVID-19 pandemic rages, according to GlobalData, a leading data and analytics company. Before the pandemic struck, the scooter industry was facing strong […]
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July auto sales in Turkey impressive but sustainability remains a question, says GlobalData

Following the news that automotive sales in Turkey grew by 387.5% year-on-year in July 2020, according to Automotive Distributors Association Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The surge in sales is impressive but not unbelievable in light of Turkey’s effective response to the COVID-19 […]
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Growing need for personal mobility and strong rural demand boosting 2-wheeler sales in India, says GlobalData

Following the news that year-on-year two-wheeler sales decline in India narrowed in July 2020 as compared to previous month; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Most of the major two-wheeler manufacturers in India witnessed healthy wholesale volumes in July 2020. The top five OEMs […]
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Zoomcar’s partnership with ETO Motors for electric shared mobility is a win-win for both, says GlobalData

Following the news that Indian shared mobility giant Zoomcar has partnered with ETO Motors to boost electric mobility; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “Zoomcar’s partnership with ETO Motors is aligned with the new business priorities that the company announced in late 2019. The […]
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Sullivan & Cromwell and Kirkland & Ellis were top legal advisers by value and volume in global automotive sector in H1 2020

Sullivan & Cromwell and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the global automotive sector in the first half (H1) of 2020 based on deal value and volume, respectively. Sullivan & Cromwell advised on two deals worth US$3.7bn, which was the highest among all advisers. Kirkland & Ellis led […]
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