Etiqueta: Car sales

New car sales in Europe rose 5.9% in July as a jump in Germany outweighed drops in Britain, France and Italy, European Automobile Manufacturers Association data showed on Thursday. Tesla lost market share for a seventh consecutive month despite a rise in overall sales of electric cars, and trailed competitor BYD, which was included in the monthly sales data for the first time. WHY IT'S IMPORTANT Domestic carmakers such as Volkswagen are studying new launches to fend off Chinese competitors in Europe's growing EV market and comply in a profitable manner with regulations that encourage adoption of the vehicles.

Se proyecta que el tamaño del mercado de vehículos eléctricos de China registrará una tasa compuesta anual del 18.4% durante el período de pronóstico.

Just because you don't see its products being bought or used every day doesn't mean there's no demand for them somewhere.

In 2025H1, the global NEV market continued to grow, with a remarkable YOY increase of 25%. By country/region, China's NEV sales in H1 2025 remained the global leader, with a penetration rate of 46.6%. Policy support and price wars drove strong growth among domestic brands, and exports reached record highs. In Europe, market demand showed signs of recovery, but NEV growth was only in the low single digits due to subsidy reductions and supply chain bottlenecks, while Chinese automakers accelerated localized layouts to capture market share. The U.S. NEV market lagged behind China and Europe, with high interest rates and policy uncertainty suppressing its potential. Emerging markets such as Southeast Asia and Latin America showed early signs of explosive growth.

Automobile sales revenue marginally outperformed expectations, yet the overall average selling price of cars continues to decline year - on - year.

The parts reductions achieved by Ford's new Universal EV Production System do not go far enough. Here's what Ford's next step should be.

Weakening demand for hybrid vehicles and ongoing overcapacity issues are slowing the growth of China's new energy vehicle and overall car sales.

Honda, Geely, and NIO are positioned to benefit from EV growth in China and stable demand in Japan, despite weakness in Europe's car market.

China's car sales growth slowed in July, as the world's largest auto market navigates uneven fortunes of major automakers amid tougher regulations against a bruising price war. Sales rose 6.9% in July from a year earlier to 1.85 million cars, versus an 18.6% increase in June, data from the China Passenger Car Association showed on Friday.