China, U.S. Lead Sales Recovery, While Lagging Europe Steers Electric Charge. “Across the regions, the recovery in global auto sales remains uneven” Auto sales across the world are recovering vigorously from coronavirus economic disruption although regional differences remain as China leads the recuperation, followed by the U.S. and with Europe lagging. That’s the view of […]
Tag Archives | China
Coronavirus Boosts Cheap Cars, But Europeans Will Lose Out To Chinese
Coronavirus Boosts Cheap Cars, But Europeans Will Lose Out To Chinese. “85% of consumers want to purchase cars that include hygiene and wellness features like air filters, health monitoring of passengers, and the use of sterilizing UV LED lights” The coronavirus has forced people off dangerous public transport and back into their cosy, safe, sanitized […]
High Price, Limited Performance Of Europe Electric Cars China Opportunity?
High Price, Limited Performance Of Europe Electric Cars China Opportunity? “manufacturers must embrace this niche or face being wiped out by super low-cost Chinese brands when the latter can meet European standards” The high price of so-called “affordable” electric vehicles in Europe and their often pitiful highway cruising performance might make some hard-up buyers grit […]
China’s Electric Car Assault On Europe Is Sputtering, But May Revive
China’s Electric Car Assault On Europe Is Sputtering, But May Revive. “It will be hard for the Chinese. They won’t be much cheaper and I’m not sure they would have a unique selling point. After all the cost of the batteries is most important” If European carmakers are worried sick the long-expected onslaught from Chinese […]
Europe’s Auto Makers Will Be Vulnerable To Chinese Incursions
Europe’s Auto Makers Will Be Vulnerable To Chinese Incursions. “Will there be deaths? I’m not sure anyone will disappear but some massive things will happen. There will be big changes, with China going after and buying companies” The European automotive industry is recovering from the depths of a coronavirus-crisis induced collapse in sales, but some […]
U.S./China Auto Tariff War Will Lose Sales Worth $770 Billion
U.S./China Auto Tariff War Will Lose Sales Worth $770 Billion. “The U.S. with its tariff wars is seriously damaging the Chinese auto industry, and as the market is China’s key market for the German auto industry, the German car industry will be seriously damaged too” Auto sales are coming under huge pressure from the tariff […]
China Sales Slide Threatens Car Makers’ Profits
China Sales Slide Threatens Car Makers’ Profits. Germans The Most Exposed, But Strong Brands Will Help. China’s auto market has hit a wall and investors are wondering which companies stand to lose the most if sales don’t recover. Sales in China dropped nearly 30 per cent in the first week of September, and investment researcher […]
China’s Lynk Tilting At Windmills With Europe, U.S. Plan
China’s Lynk Tilting At Windmills With Europe, U.S. Plan. “The whole concept seems a bit airy fairy, but there’s one good thing; Volvo technology” Lynk & Co, the Chinese auto maker owned partly by Volvo, has set out an ambitious plan to make some of its cars in Europe from next year, and sell them […]
Angst Vanishes As China Hints At Lower Auto Tariffs
Angst Vanishes As China Hints At Lower Auto Tariffs. “China Targets Detroit, Hits Tesla and BMW Instead” President Trump’s intervention in the China/U.S. trade dispute led to much initial angst amongst auto investors, but this turned around after China President Xi JinPing hinted that a new deal to cut import tariffs on cars might be […]
China Electric Cars Will Lead With 30% Share By 2025-Report
China Electric Cars Will Lead With 30% Share By 2025-Report. “We are convinced China will become the leading market for electromobility” China will continue to lead the global market in electric vehicles and plug-in hybrids and by 2025 sales will quietly and cleanly zoom to 10.6 million a year, or 30% of its market, according […]