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Relentless pressure on workforce availability, and in some cases governmental decrees, is continuing to drive up wages in Visegrad 4 countries* in Central and Eastern Europe, says GlobalData, a leading data and analytics company. Visegrad 4 countries are continuing to reap the benefits of a manufacturing boom in the past few years as a significant […]
Hyundai looks to Southeast Asia for growth as global market falters, says GlobalData
Following the news that Hyundai Motor has today (26th November 2019) signed a memorandum of understanding (MOU) with the Indonesian Government to build a vehicle manufacturing plant near Jakarta; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “With a population of 267 million, Indonesia has huge potential for car […]
Tesla pickup truck could secure the brand’s long-term success, says GlobalData
Ahead of tonight’s reveal of the Tesla pickup truck (Thursday 21 November); Mike Vousden, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view on this pivotal model: “Tesla has battled for more than 15 years to achieve consistent profit. No one will question the central role that the company’s ground-breaking electric […]
Aston Martin places its bets on China’s economy for new DBX success, says GlobalData
Following the news that Aston Martin is entering a new segment with its Wales-made DBX luxury crossover; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The stakes are very high for Aston Martin with this model, which takes the company into a new segment and – the company […]
European car market outlook is weak, despite October’s jump, says GlobalData
Following the release of the European Automobile Manufacturers’ Association’s (ACEA) EU car market figures for October; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Growth recorded in October for the EU’s car market looks healthy at first glance. However, much of that growth reflects changes to the EU’s […]
Ford’s electric Mustang is a bold but necessary move, says GlobalData
Following the news that Ford is to introduce an electric sport utility vehicle (SUV) in 2020; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “It is certainly a bold move by Ford to lend the Mustang name to an upcoming all-electric SUV. The idea is to promote the […]
Berlin to be the first site of Tesla’s European factory as expansion plans move forward, says GlobalData
Tesla has recently announced that it will be building its first Europe-based manufacturing plant in Berlin, Germany. This gives Tesla direct access to the European electric vehicles (EV) market, which is expected to be the next biggest EV market after China, due to the country’s stringent carbon dioxide (CO2) emission regulations, says GlobalData, a leading […]
Nissan’s latest results underline scale of recovery challenge ahead, says GlobalData
Following the release of Nissan’s financial results (12 November 2019), where the company has reported quarterly operating profits are down 70% on last year; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The latest set of results from Nissan underlines the scale of the recovery challenge ahead for […]
Malaysia becomes new battleground for Grab and Gojek, says GlobalData
Following the news that Malaysia will allow motorcycle-hailing firms such as Indonesia’s Gojek and local start-up Dego Ride to operate on a limited scale from January 2020; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “It is a welcome move in Malaysia, in which ride-hailing user-penetration […]
BYD and Toyota tie-up on BEVs for China makes sense for both, says GlobalData
Following the news that Toyota and BYD are setting up a joint company to develop battery electric vehicles (BEVs) targeted at the Chinese market; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “This collaboration is a way to save costs and position both companies to capitalise on China’s […]
Vauxhall concerns are ignited by PSA/FCA merger proposal, says GlobalData
Following the news that the proposed merger between PSA and FCA is creating concerns over the implications for PSA-owned UK brand Vauxhall and future prospects for its UK manufacturing operations; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Although the merger proposal, as it stands says that there […]
Indonesia stands out as bright spot for global automotive market, says GlobalData
The global automotive market continues to be in the red due to various factors including declining sales in mature markets, trade war and tariffs, and stringent emission regulations. Against this backdrop, Indonesia looks well-placed to be the pressure release valve that the industry needs, says GlobalData, a leading data and analytics company. Markets that present […]
PSA and FCA merger makes sense for both
Following the news that PSA Group and Fiat-Chrysler (FCA) are in discussions to combine operations and create a leading global group, David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “This news is not unexpected, given that both companies have been actively exploring tie-ups with others to yield cost […]
Maruti Suzuki’s EV launch delay raises concerns over short-term market outlook in India, says GlobalData
Following the news that Maruti Suzuki has deferred plans to launch its first electric car Wagon R EV for individual customers in India; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The news regarding the deferment of Wagon R EV launch, coupled with the news regarding […]
Ford’s latest results suggest a long road to fitness, says GlobalData
Following the announcement that Ford’s third quarter (Q3) results showed a drop in profitability amid China slowdown; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Ford is not alone in experiencing slow growth in the automotive industry, and its bottom line is being dragged down further than expected […]
India’s vehicle scrappage plan unlikely to produce desired results, says GlobalData
Following the news that India has issued draft guidelines for setting up authorized vehicle scrapping facilities across the country; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The draft guidelines released by the Ministry of Road Transport & Highways (MoRTH) will certainly be beneficial and help […]
Green plates for electric vehicles are good, but policymakers should take lessons from Norway, says GlobalData
Following the recent news that the UK Government is considering green registration plates for electric vehicles (EVs) to increase EV take-up; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The UK Government’s suggestion of providing green plates for EVs is to be welcomed. Enhancing visibility and awareness of […]
Electric vehicles to disrupt but not eradicate turbocharger fitment
The relentless pursuit of lower emissions and fuel consumption has driven a significant jump in the fitment of turbocharged engines over the last two decades – first with turbocharged diesels and then with downsized gasoline engines. However, the forecast increase in electric vehicle up-take has led some to question the longevity of the turbocharger. A closer analysis of the figures suggests a […]
Hyundai’s plan to invest US$35bn on mobility tech will accelerate commercialization of self-driving vehicles, says GlobalData
Following the news that Hyundai Motor Group plans to invest US$35bn in mobility and other auto technologies by 2025; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading data and analytics company, offers his view: “Hyundai has been regularly and aggressively investing in new automotive technologies. The South Korean automotive giant recently entered into […]
Decline in lending and lack of clarity around BS-VI key reasons for automotive slowdown in India, says GlobalData
The Indian automotive sector is facing an unprecedented slowdown for the last several months with sales of vehicles across all segments experiencing prolonged negative growth, Animesh Kumar, Director of Automotive at GlobalData, offers his view on in what way the current slowdown is different from the previous ones and how long will it last: “The […]