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GlobalData
GlobalData

Automotive

Digital sales offer long-term opportunity to automotive aftermarket in Indonesia, says GlobalData

Following the news that auto part suppliers in Indonesia are turning to online platforms to weather the COVID-19 crisis; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “Indonesia currently leads Southeast Asia in terms of the number COVID-19 cases and the country continues to practise large-scale […]
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UK auto industry will struggle without targeted government support

Following the news that the UK Government has launched a stimulus package to support the UK economy, but omitted any automotive sector specific measures such as scrappage incentives; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The UK Government faces a big challenge in getting the UK economy […]
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Ineos talks with Daimler could deal a big blow to Welsh economy

Following the news that Ineos Automotive – which is planning to launch a new 4×4 utility vehicle in 2022 – is in talks with Daimler over the possible acquisition of its Hambach, France, manufacturing plant; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Although nothing is finally decided […]
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COVID-19 spike clouds US vehicle market outlook, says GlobalData

Following news that COVID-19 cases are on the rise in a number of US States, prompting new restrictions on populations; Calum MacRae, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Rising COVID-19 cases in the US brings further downside to GlobalData’s US light vehicle sales forecast. Increasing infection rates in […]
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Europe’s light vehicle market faces long recovery climb

Following ACEA’s latest assessment that new car sales in the European Union will fall by 25% in 2020; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “In May, the European passenger car market (EU+EFTA+UK) suffered another sharp drop, with new registrations falling by 57.2% on last year. “However, […]
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BMW and Mercedes reset autonomous drive collaboration due to COVID-19

Following the news that BMW and Mercedes-Benz are putting their autonomous drive technology collaboration on hold; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The two companies cited the cost of developing a new next generation shared autonomous drive technology platform, as well as current business and economic […]
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Financial aid to auto parts suppliers in South Korea key for healthy supply chain and timely recovery, says GlobalData

Following the news that South Korea will provide US$830m from state fund to support auto parts suppliers; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Auto components is the third industry to receive support from state funds after shipping and the airline industry. Companies with minimum […]
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