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Following news that car sales in China plunged 80% in February due to the impact of measures to tackle the coronavirus (Covid-19), David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “There are signs that attention in the auto industry is shifting away from tackling immediate supply chain disruption […]
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, […]
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 […]
Incentives are needed to kick-start car market electrification in the UK
Following today’s news that the UK’s automotive trade association – the SMMT – has called for next week’s Budget to include the removal of VAT from the sales of all new battery electric, plug-in hybrid electric and hydrogen fuel cell electric cars; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers […]
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 […]
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 […]
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 […]
UK car output prospects weak, underlined by January’s fall, says GlobalData
British car production fell by 2.1% in the first month of 2020, according to figures released by the Society of Motor Manufacturers and Traders (SMMT); David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view on the decline: “The year is not off to a strong start with January’s UK […]
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 […]
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 […]
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 […]
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 […]
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 […]
Coronavirus crisis threatens already downbeat Geneva Motor Show, says GlobalData
Following the news that this year’s Beijing auto show – planned for April – is being postponed due to the coronavirus health crisis; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The coronavirus public health crisis alone puts a big question-mark next to this year’s Geneva Motor Show, […]
Mahindra and Ford JV looks to drive growth in India and emerging markets, says GlobalData
Following the news that the Competition Commission of India (CCI) has approved the formation of a joint venture (JV), Ardour Automotive Private Limited, between Mahindra & Mahindra and Ford Motor, and the transfer of the automotive business of Ford India to the JV; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and […]
A well-directed scrappage policy will help Indian automotive market recover from slowdown, says GlobalData
Following the news that the vehicle scrappage policy for India will be implemented soon; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading data and analytics company, offers his view: “A ‘well-directed’ scrappage policy will help the Indian automotive market recover from one of the worst ever slowdowns. The industry has been waiting for […]
After Ghosn lawsuit, attention will swing to Nissan’s underperformance
Following the news that Nissan has filed a $90m lawsuit against its former chairman Carlos Ghosn, who jumped bail in Japan last year while facing charges of financial misconduct; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The Ghosn saga will grab headlines but the spotlight will return […]
Surging interest in electric vehicles sees forecasts increased as autonomous hype subsides, says GlobalData
The latest set of automotive component and production forecasts reveal a clear increase in the number of electric vehicles (EVs) expected to be built over the next few years, says GlobalData, a leading data and analytics company. This comes in response to the increased news coverage of EVs, the growing variety of models being sold, […]
Coronavirus automotive supply-chain concerns will rapidly spread across the world
Following the news that Fiat-Chrysler (FCA) is warning that it could halt production at a European plant in a matter of weeks; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “We have been waiting for this and it is an inevitable consequence of the deepening and spreading economic […]
Market transformation to zero emissions requires concerted action from UK Government
Following the news that Britain is to ban the sale of new petrol and diesel cars in 2035, five years earlier than previously planned; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Moving the date for the ban on fossil-fuel burning cars – including hybrids – forward to […]