Subscribe
Sign in
Subscribe
Sign in
GlobalData
GlobalData

Automotive

COVID-19 recession bites deep into automotive, recovery strategies for companies now vital, says GlobalData

With the vehicle markets decimated across the world due to COVID-19, automotive companies are coming under considerable pressure. However, this is the time to formulate strategies to bounce back and recover from the current economic slump, says GlobalData, a leading data and analytics company. David Leggett, Automotive Analyst at GlobalData, says: “Automotive companies are facing […]
Read more

Electric cars shaping up as growth pole as recovery builds

Following the news that Hyundai Motor Group announced an almost 58% rise in global sales of electric vehicles in the first five months of 2020, to 40,182 units; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Hyundai’s success reflects strong demand in Europe for recently launched electric vehicles […]
Read more

European Governments must move fast to support auto sector

France recently announced plans to inject more than €8bn into its automotive sector; Calum MacRae, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view on the European automotive industry and how other countries should act: “According to GlobalData analysis, West Europe is forecast to bear the brunt of a global industry […]
Read more

UK car production plunge highlights recovery challenge ahead

Following the news that UK car manufacturing plunged by 99.7% in April as the COVID-19 crisis halted production at UK factories; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “With UK car plants closed, the April output numbers are no surprise, though they are a stark reminder of […]
Read more

Nissan right to focus on core strengths and cost control

Following today’s news that Nissan will close its Barcelona plant and plans to reduce its global production capacity and number of model offerings by 20% by 2023; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Loss-making Nissan had no real alternative but to cut costs wherever it could. […]
Read more

Renault-Nissan-MMC Alliance on path to €8bn annual cost savings boost

Following today’s news that the members of the Renault-Nissan-Mitsubishi Alliance have agreed a new and deeper ‘cooperation business model’; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The Alliance has delivered substantial benefits to its participants over many years in engineering savings, supply-chain leverage and scale economies. GlobalData […]
Read more

Ford production disruption highlights restart challenges

Following the news that Ford has halted production at its Kansas City assembly plant (Transit side) after a worker tested positive for COVID-19; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The problems encountered by Ford in North America this week follow a shutdown last week at Ford’s […]
Read more

Vans are a bright spot in Europe’s automotive downturn, says GlobalData

Light commercial vehicles (LCVs) including vans are an often overlooked, but important, component of the European light vehicle market, particularly in the current coronavirus crisis, says GlobalData, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, says: “As online delivery becomes more important to our everyday lives and as we shelter indoors […]
Read more

COVID-19 adds to M&A rationale in autos

Following the news that Exor NV – Fiat-Chrysler’s (FCA’s) largest investor – has confirmed the timing for the proposed FCA-PSA merger for completion by early 2021 as initially announced; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The COVID-19 crisis will be adding pressures for corporate restructuring in […]
Read more

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
1 … 22 23 24 25 26 … 32