In 2023, there were 1.90 million new passenger cars registered in the United Kingdom. This was an 18 percent increase compared to the previous year. The UK new car market has recorded its best year since the pandemic. The growth in 2023, was attributed to fleet investment, as the supply ...
MAA trims forecast for new car sales this yearGoh Thean Eu
PARIS, June 12 (Xinhua) -- Slowing demand growth and surging supply put global oil markets on course for a major surplus this decade, according to a report released by the International Energy Agency (IEA) on Wednesday. Based on current policies and market trends, strong demand from fast-gro...
The world is on course to reach annual electric vehicles sales of 31.1 million by 2030, 10 million more than previously forecast, due to changing consumer sentiment and dissipating adoption barriers, according to new analysis by Deloitte. The consultancy said July 28 that this meant that one in...
Chinese Market Q2 2023: Major State-owned and Non-Chinese OEMs Announce NEV Strategies(Aug. 2023) Chinese Market Q1 2023: GAC, Chery and Geely Announce 2023 Product Plans(Apr. 2023) 2022 Chinese Market: New Vehicle Sales Up 2.2% to 26,864,000 units, Major Increases by BYD and Tesla, ...
Facing Weak Car Demand, Volkswagen Revises 2024 Sales Forecast Industry Canada's Auto Industry Wants Chinese Vehicle Software Banned Industry Mitsubishi Partnership with Honda and Nissan Is Confirmed Industry U.S. Regulators Could Issue Forced Recall of 51 Million Airbags Industry Chinese Automaker BYD ...
A 209-month out-of-sample forecast is made, with values compared to actual new automobile sales, covering the period from August 2006 to December 2023. The forecasts are presented in Figure 10. Figure 10. Actual and forecasted new car sales (log-transformed data). Table A1 in the annexure...
New Vehicle Sales Projections 2020-2024 Car sales in the United States could range between 10.2 and 12.7 million units in 2020. The car industry was expected to sell about 16.9 million vehicles before COVID but the market outlook has worsened. In 2019, 1
Meanwhile, the China Passenger Car Association (CPCA) forecast that China's NEV sales may exceed 8.5 million in 2023, based on annual sales of 6.5 million in 2022.In January, China's auto production and sales hit 1.594 million and 1.649 million, respectively, a decrease of 33.1% and...
Facing Weak Car Demand, Volkswagen Revises 2024 Sales Forecast Industry Canada's Auto Industry Wants Chinese Vehicle Software Banned Industry Mitsubishi Partnership with Honda and Nissan Is Confirmed Industry U.S. Regulators Could Issue Forced Recall of 51 Million Airbags ...