Tag: car sales

January 11, 2022

China’s car market snapped a three-year decline last year, helped by strong sales of electric vehicles, though the global chip shortage and Covid-19 outbreaks in the country disrupted some production. Sales of passenger cars in 2021 rose 4.4% from a […]

November 10, 2021

China Evergrande Group ’s cash-strapped automotive business is raising money to commercially produce its first electric vehicles. The Hong Kong-listed business, China Evergrande New Energy Vehicle Group Ltd. , on Wednesday said it plans to raise the equivalent of around […]

July 28, 2020

Next time you’re driving down the road, look around. On average, 1 in 4 cars and trucks you pass are at least 16 years old, according to new analysis of what Americans are driving. IHS Markit, which tracks vehicle registrations […]

June 26, 2020

Tesla is peeling away from the pack. The automaker’s head starts in developing electric and autonomous vehicles are solidifying its lead over the rest of the industry as the Covid-19 pandemic weighs on car sales and disrupts supply chains, Ark […]

March 10, 2020

FRANKFURT — European auto manufacturers have so far defied expectations that supply chain chaos would bring their assembly lines to a standstill. Even after northern Italy, an important node in the global parts network, went into lockdown on Sunday, carmakers […]

March 15, 2019

European new-car sales fell 0.9 percent in February with Porsche, Audi and Nissan suffering steep drops in volume while Jeep and Jaguar made big gains. Registrations dropped to 1.15 million cars in the EU and EFTA markets, data released by […]

April 18, 2018

Several major automakers are echoing this trend by putting more resources into crossovers and SUVs, especially the highly profitable large models, while curtailing or abandoning some sectors of the car market. But before we write the car’s obituary, let’s remember […]

November 7, 2017

Ford, Nissan, Honda and Toyota posted higher U.S. sales in October as the industry looked to maintain momentum after a strong September. FCA US and General Motors fell, but GM predicted a seasonally adjusted annual sales rate of 18 million. […]