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UK carmakers could be facing an annual bill of £4bn in the event of a no-deal Brexit due to challenges such as increased costs for imported components and tariffs on vehicles exported to the EU, says GlobalData, a leading data and analytics company. Highlighted by GlobalData’s report, ‘Brexit’s Impact on UK Auto’, these challenges will […]
Shared mobility sector attracts $48bn investment in just three years as self-driving robotaxis are predicted to be commonplace by 2035, says GlobalData
More than $48bn worth of mergers, acquisitions and investments in the shared mobility sector have been tracked by GlobalData, a leading data and analytics company, from the start of 2016 to the end of 2018. These historic levels of investment are a clear indication of the significant impact shared mobility will have on the transport […]
Nissan returns to measures it used to reform 20 years ago as sales fall, says GlobalData
Following the news that Nissan will cut 12,500 jobs worldwide, Calum MacRae, Director of Automotive Product Development at GlobalData, a leading data and analytics company, offers his view: “The actions announced today are all a little ‘Back to the Future’ for Nissan, suggesting a few hubristic practices have crept in to the company’s day-to-day operations. […]
Google is a leading company in GlobalData’s Autonomous Vehicles theme from the consumer electronics sector
Google and Blackberry are the leading consumer electronics companies in the Autonomous Vehicles theme, according to the latest Thematic Scorecard from GlobalData, a leading data and analytics company. The two companies both gained the highest Thematic score (5 out of 5) in GlobalData’s scorecard for the consumer electronics sector. A Thematic score of 5 out […]
BMW and Jaguar Land Rover collaboration targets slice of 19m electric vehicle sales per year by 2033
Following the recent news that Jaguar Land Rover and BMW are to work together on electric vehicle components, David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view on the news: “News that these two car companies are planning to collaborate to engineer and manufacture Electric Drive Units (EDUs) for next […]
Renault-Nissan alliance breakdown would push both manufacturers behind their competitors
Following the news that Renault has again attempted to integrate with Nissan, a proposal that Nissan is expected to reject, as reported in Nikkei Asian Review; Calum MacRae, Director of Automotive Product Development at GlobalData, a leading data and analytics company, offers his view: “It’s a high-stake game that Nissan is playing here. Vehicle manufacturers need […]
Autonomous vehicles set to be fastest-growing automotive sector with more than 11m sales by 2033
There is no doubt that profound change is occurring in the automotive industry and now more than ever, it is critical to know which sectors will grow rapidly in the coming years and the ones facing an existential threat, says GlobalData, a leading data and analytics company. Mike Vousden, Automotive Analyst at GlobalData, commented: “The […]
Carmakers will look to ‘pool’ ahead of tough CO2 emission rules in Europe
As average vehicle CO2 emissions trend upwards in Europe, carmakers are looking to form ‘pools’ that can help avoid large fines under new tighter EU CO2 emission rules that come into force in 2021. Dave Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Average CO2 emissions for new cars […]
Lyft may wow investors but big ride-hail question-marks remains
Ride-hail firm Lyft is set to debut on the Nasdaq stock market today (29 March) with shares priced at US$72, ahead of the initial guidance range of $62-$68 amid expectations of high demand. Dave Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Ride-hail or ride-share start-ups are widely seen […]
Ford takes the axe to operations in Russia, but cost-cutting is no solution to its problems
Ford has announced that it will end passenger car production and shut plants at its Sollers joint venture in Russia as part of a restructure to operations there. Dave Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Ford profits have been on a declining path and it should come […]
Daimler-Geely JV moving Smart to China with all-electric product renewal makes sense for both
News has emerged today (28 March) that Daimler has struck a deal with Geely for a 50:50 joint venture based in China to develop and operate the Smart brand globally as an all-electric carmaker. Dave Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “This deal makes a lot of […]