Etiqueta: Car sales

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.

BYD's Strategic Shift: Navigating Domestic Saturation and Global Expansion

Tesla sales dropped nearly 60% in July to 987 units.

Tesla's EV sales in Europe are plunging, with a 27% drop in France alone. As BYD surges, Tesla faces intense pressure. Is its dominance over?