Subscribe
Sign in
Subscribe
Sign in
GlobalData
GlobalData

Automotive

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

COVID-19 forces Ford and others to focus on core

Following the news that Ford has reported a net loss of $2bn for Q1 and put back its launch of driverless vehicles to 2022; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “Ford’s Q1 results illustrate the severe impact the COVID-19 crisis is having on companies in the […]
Read more

Sentiments crash for several global automakers

The COVID-19 outbreak has rendered automakers helpless with large-scale supply chain disruptions and retail outlet shutdowns. The troubles are mounting due to supply chain volatility spreading as fast as the virus, which also reflects the in decline in sentiments for several global automakers, says GlobalData, a leading data and analytics company. Several automakers, including BMW, […]
Read more

COVID-19 puts brakes on driverless cars, says GlobalData

In recent years, the automotive industry has been addressing the megatrends set to transform long-term urban mobility and the industry, but the current crisis is now re-setting priorities, says GlobalData, a leading data and analytics company.   Calum MacRae, Automotive Analyst at GlobalData, a leading data and analytics company, comments: “Connected, autonomous, shared and electric (CASE) […]
Read more

COVID-19 causes global auto industry running rate to dip to new low

Analysis carried out by GlobalData, a leading data and analytics company, shows that the global light vehicle market hit a seasonally adjusted annual running rate (SAAR) of just 54 million units in March, which compares with almost 90 million light vehicles sold globally in 2019. David Leggett, Automotive Editor at GlobalData, comments: “The decline in […]
Read more

Lost demand is biggest issue for automotive restarts, says GlobalData

Following the news that vehicle manufacturers in Europe hit by the COVID-19 crisis are tentatively planning manufacturing plant restarts; Mike Vousden, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “As countries gradually bring the rate of infection under control, the calls to restart economies and open up factories again naturally […]
Read more

Car companies have to drop financial forecasts as crisis bites

As car companies report first quarter financial results, many are making it clear that they cannot issue their usual guidance on the full-year outlook because of the uncertainties generated by the COVID-19 crisis; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “We are in unprecedented times in the […]
Read more

COVID-19 forces car companies to focus on core, says GlobalData

Following the news that General Motors has suspended its Maven car-sharing operations; Calum MacRae, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Maven was one of those brave new mobility experiments that was guaranteed to get Wall Street excited about automotive dinosaurs seeking new revenue streams and extracting more value […]
Read more

Acquisition of UK’s iconic motorcycle brand Norton will strengthen TVS position in international markets, says GlobalData

Following the news that Indian two-wheeler manufacturer TVS Motor Company has acquired British motorbike brand Norton Motorcycles (UK) Ltd; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “The £16m (INR1.53bn) acquisition comes as a historic move from TVS as it is poised to strengthen the India-based […]
Read more

Decline in overseas demand forcing South Korea’s auto giants opt for ‘strategic’ production halts, says GlobalData

Following the news that South Korean vehicle manufacturer Kia Motors plans to shut three production units due to drop in overseas demand; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “South Korea was among the initial countries that were impacted by the coronavirus (Covid-19) outbreak. The […]
Read more

Automotive forecasts revised down as crisis deepens, says GlobalData

The shutdowns and deteriorating demand in the automotive sector have caused GlobalData to revise its North American and European light vehicle (LV) production forecasts for 2020 and beyond. This is a stark illustration of how serious the COVID-19 crisis, which has caused sales to whither and shuttered manufacturing plants, is becoming for the automotive industry, […]
Read more

Fragile supply chains will complicate car factory re-starts

As some car manufacturers contemplate strategies for manufacturing plant re-starts over the next four weeks; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “This will not be an easy process of simply opening the factory gates and quickly getting back to normal. For one thing, the public health […]
Read more
1 … 23 24 25 26 27 … 31