Newsletter Listing Page GlobalData

Automotive DECODED

Latest edition: 08 May 2024
Share newsletter

Get the full version straight to your inbox.
Exclusive access to our best-in-class data & intelligence
Subscribe now

Previous Edition | Next edition

Spotlight

2024 future product report: Lincoln

A new CEO in the US last year and more recently a fresh leader for China have paused a formerly planned big push into EVs or at least tweaked and delayed the strategy.

Latest news

Ford mulls restricting ICE vehicle sales in Britain - FT

Ford is reportedly considering restricting the sale of combustion engine (ICE) vehicles in the UK market on order to meet UK government targets for EV sales.

Sixt continues to reduce EVs in fleet

Europe’s largest car rental firm Sixt SE is continuing to reduce the number of electric vehicles in its fleet, Bloomberg reports.

Zeekr to close $367.5m IPO one day early

Chinese EV maker Zeekr will close its New York initial public offering (IPO) to raise up to $367.5 million this week, Reuters reports, citing two sources with direct knowledge of the matter.

Western European car market remains slow in April

The Western Europe car (passenger vehicle or PV) selling rate for April stood at just over 11 million units/year, similar to the March result and weaker than the close of 2023 or first two months of this year. With 960k vehicle registrations recorded, this represents an 11.5% improvement year-on-year (YoY). Year-to-date (YTD) sales grew by 6.4%.

Daihatsu resumes full production

Toyota small car subsidiary, Daihatsu Motor, said it had resumed full production at all of its plants this week after it was ordered to suspend operations late in December by the country’s ministry of land, infrastructure, transport and tourism (MLIT).