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GlobalData
GlobalData

Automotive

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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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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