Subscribe
Sign in
Subscribe
Sign in
GlobalData
GlobalData

Automotive

Optimum asset utilization crucial for shared mobility companies’ recovery in Southeast Asia, says GlobalData

Following the news that the overall revenues of Singapore-based tech giant Grab have been pulled down by its core ride-hailing segment as people continue to stay at home due to coronavirus (COVID-19) outbreak; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Southeast Asian countries have taken […]
Read more

ASEAN vehicle sales sharply lower in Q1

Sales of new vehicles in southeast Asia’s six largest markets combined are estimated to have declined by over 19% to 700,528 units in the first quarter of 2020, according to GlobalData, a leading data and analytics company. “The ASEAN vehicle market largely shrugged off the threat of COVID-19 in the first two months of the […]
Read more

Mexican factory restart delays could scupper US automaker restarts

Following the news that the Mexican Government has pushed back the restart date for the Mexican auto sector to 1st June; Calum MacRae, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “If enforced, this would have deep ramifications for vehicle assemblers in North America due to intertwined component trading that […]
Read more

Auto industry faces sharper downturn than financial crisis of 2007/8

Even as automotive manufacturers tentatively restart production lines after the COVID-19 crisis disruptions, the global automotive industry faces a hit to the market that will be greater than in the 2007/8 financial crisis, says GlobalData, a leading data and analytics company. David Leggett, Automotive Editor at GlobalData, comments: “GlobalData’s base COVID-19 light vehicle sales scenario […]
Read more

Auto companies lose US$564bn in market cap in Q1 2020, says GlobalData

The cumulative market capitalization of automotive companies has fallen by US$564bn in the first quarter (Q1) of 2020 as the COVID-19 crisis battered the share prices across the sector, says GlobalData, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “We are seeing a short-term decimation of vehicle demand globally and […]
Read more

Nissan should axe Datsun brand

Following the news that Nissan is close to deciding to axe its Datsun brand; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Car companies find themselves in extraordinary times right now due to the COVID-19 crisis and the impact of lockdowns and economic recession on sales. A key […]
Read more

Policy reforms and stimulus package crucial to bring India’s auto industry back on track, says GlobalData

Following the news that auto industry heads met Minister of Heavy Industries and Public Enterprise to seek urgent government help; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “Automotive industry is among the sectors excluded from the list of ‘essential services’ since the announcement of lockdown […]
Read more

UK car output slump set to continue

Following the news that UK car output fell 37.6% in March, according to figures released by the Society of Motor Manufacturers and Traders (SMMT) as the COVID-19 crisis shuttered plants; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “The UK production numbers for March are in line with […]
Read more

Tesla to suffer as China cuts electric vehicle subsidies

Following the news that China’s electric vehicle (EV) subsidies will now be limited to more affordable, locally built models; Mike Vousden, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “China is both the largest vehicle market and the largest market for EVs thanks to subsidies from the government encouraging consumers […]
Read more
1 … 22 23 24 25 26 … 31