South Korea Report: Sales Drop 6% in September
Domestic sales by South Korea’s five main automakers combined fell by 6% to 107,017 units in September 2023 from 113,806 a year earlier.
Domestic sales by South Korea’s five main automakers combined fell by 6% to 107,017 units in September 2023 from 113,806 a year earlier.
VW Group sets out core strategic elements of its electric vehicle plans as well as vertical integration and sustainable mobility.
The global light vehicle selling rate ended its 6-month rising streak by falling to 93 million units/year in September, according to GlobalData.
GlobalData’s European truck market forecasts reflect a gloomy outlook, with sales and production now forecast to decline in 2024.
ASEAN LV sales are now forecast to decline by 0.3% YoY to 3.33 million units this year with the lower sales performance in Indonesia, Thailand and Vietnam.
Now bigger in China than even VW, going all-in on electrified vehicles is proving to have been a brilliant strategy for BYD. Read on for more.
The strategy employed for the 7 Series’ electric variant is now in play for BMW’s new G60 sedan: pricing for the i5 EV can stretch to more than £100,000.
As with VW and Audi, VAG’s Spanish and Czech divisions are set to greatly expand their EV line-ups
Rise of competition from Chinese OEMs forces Mitsubishi to raise its game in southeast Asia
Although somewhat flattered by weak year-ago sales, the US market has grown year-on-year for the 12th consecutive month
As the auto industry eyes the transition to a much more electrified future, supply chains will have to change from current set-ups. Read on for more.
Vehicle makers are taking steps to address future supply chain challenges associated with electrification. It is going to be a big challenge for all participants.