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Automotive

Tesla and Toyota rank top automotive companies after COVID-19 review, says GlobalData

A ranking of top vehicle manufacturing companies worldwide compiled by data and analytics company GlobalData shows that the impact of the coronavirus (COVID-19) crisis will be strongly adverse across the industry this year, with all major companies impacted. Of the automotive manufacturers listed, Tesla and Toyota will lead the 32-strong field. Published in GlobalData’s report, ‘Thematic […]
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Shutdowns to cost European auto industry £29bn, says GlobalData

After a period of sweeping announcements by European automakers that they are halting production at European plants for several weeks; Calum MacRae, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Analysis based on GlobalData’s latest European light vehicle production forecast suggest that in the six-week period from the beginning of […]
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Covid-19 highlights need for reduction in dependence on Chinese auto component imports in India, says GlobalData

Following the news that 25,000 auto executives in India will be working from home to contain the spread of Covid-19 contagion; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Most of these employees are from key original equipment manufacturers (OEMs), including Ford, Tata Motors, Mahindra, Volkswagen, […]
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Automotive plant closures in North America due to coronavirus will likely last beyond March, says GlobalData

Following the news that Ford, General Motors and Fiat Chrysler (FCA) are shutting their North American manufacturing plants through March 30 in response to the deepening coronavirus (COVID-19) crisis; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The news from the US is certainly not unexpected and follows […]
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Automakers have no alternative but to shutter plants, says GlobalData

Following the news that Volkswagen Group is planning to temporarily suspend production at its European plants due to the deepening impact of the coronavirus (COVID-19) crisis; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The COVID-19 crisis is impacting car companies in two ways. Firstly, supply chains are […]
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Car companies will be cautious in restarting operations in China

Following the news that Honda and Nissan have resumed limited manufacturing operations following coronavirus shutdowns at factories in Hubei province, China; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The resumption of even limited manufacturing operations at Honda and Nissan factories in Hubei province is a welcome development, […]
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Coronavirus leads to nosedive in global vehicle sales with lowest January registrations since 2012

Global light vehicle sales figures from the first month of 2020 should make for alarming reading. Just 6.2 million were sold in January, – the lowest monthly figure since January 2012, which saw 5.9 million units sold, according to GlobalData, a leading data and analytics company. Driving the drop in sales was the emergence in December 2019 of the coronavirus (COVID-19) in Wuhan, China. The disease has spread rapidly and has already infected more than 80,000 people and […]
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New and facelift model launches in India unlikely to significantly increase vehicle sales in March, says GlobalData

Following the news that India’s domestic automotive sales continue to decline in February 2020; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The Indian automotive industry showed no sign of recovery in February 2020 as the year-on-year (YoY) domestic sales volume across passenger vehicles, commercial vehicles […]
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Auto industry needs to up its game with policymakers to reduce CO2 emissions and stay competitive, says GlobalData

In an exclusive interview with GlobalData, UK-based components supplier GKN said the industry should be much stronger in explaining the importance of its technology to politicians. David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, comments: “Stricter regulatory frameworks for automotive companies, in areas such as CO2 emissions, are being driven by […]
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Livestreams may point way ahead for trade shows, says GlobalData

On the first press day of the cancelled Geneva Motor Show, the organisers are promoting a ‘virtual press day’ made up of livestreamed carmaker presentations instead of what would have happened at the physical show venue today; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Even before the […]
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The Geneva Show organisers were slow to face coronavirus reality

Following the news today that next week’s 90th Geneva Motor Show has been cancelled; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The public health crisis caused by the COVID-19 outbreak has hit home this week with whole towns quarantined in northern Italy and the first cases confirmed […]
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Groupe PSA on right path with electrification strategy

Groupe PSA has posted a new profitability record in 2019 and the company has highlighted its electrification strategy as key to future prospects.              David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “PSA’s results for 2019 are certainly impressive – it has improved its financial results for six successive […]
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Coronavirus cloud hangs over Geneva Motor Show, says GlobalData

Following the news that the organisers of the upcoming Geneva Motor Show have issued wide-ranging health advice for exhibitors and visitors attending next week’s show; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The organisers of the Geneva International Motor Show are caught on the horns of a […]
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Ford’s European unit points the way for Ford turnaround

In an exclusive interview with GlobalData, Ford of Europe President Stuart Rowley outlined the unit’s strategy to move from operating at a loss to turning a profit. David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Ford of Europe’s President Stuart Rowley told GlobalData that there is much to do […]
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Supply-chain concerns deepening for auto industry

Following remarks by Jaguar Land Rover (JLR) chief Dr Ralph Speth suggesting that the company faces a shortage of key components needed for its UK car plants; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The news from JLR isn’t surprising. It is an inevitable consequence of the […]
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