AUTO SALES IN CHINA ROSE 36.6 PERCENT IN JAN-MARCH PERIOD

Highlights –

• Auto sales in China rose 36.6 percent in the Jan-March period.
• Sales of passenger vehicles increased 38.1 percent year on year.
• Auto sales totaled 2.13 million units in May alone.
• NEV is expected to represent 2...

U.S. AUTO MARKET TO RECORD LOWEST SALES VOLUME SINCE 2012: REPORT

Highlights

• As per the Edmunds’ forecast, total 14.4 million cars and trucks are likely to get sold in the year 2020, which is 15.5 percent lower as compared to 2019

• While Nissan recorded the biggest sales volume decline this year in the U.S. history with a ...

U.S. AUTO SALES LIKELY TO RISE 3% YEAR-ON-YEAR IN OCTOBER

Highlights

• The consultancies said retail sales of new vehicles are estimated to reach nearly 1.2 million units in October, which is a 3 percent increase from a year ago when adjusted for selling days

• Thomas King, president of the data and analytics division at J....

CORONAVIRUS STARTS HITTING US AUTO SALES

Highlights:

• The coronavirus has started to affect the customer visits at some US auto dealers.
• The virus has forced many automakers in Asia and Europe to shut their plants and now its effects are being felt by the US dealers.
• So far this mo...

SOUTH KOREA IMPORT AUTO SALES SURGED BY 5% IN FEBRUARY

Highlights:

• Sales of imported vehicles have seen a surge of 5.3% in February 2020.
• Mercedes-Benz is the leading import brand in this period.
• Volkswagen has rebounded its presence in the market.

According to the data releas...

SUVs, GASOLINE CARS SALES RISE IN 2019 IN KOREAN AUTO MARKET

Highlights:

• Nearly 1.8 million vehicles were registered in South Korea in 2019.
• Sales of the sedan have seen a slump of 8.2 percent as compared to a year before.
• Sales of SUVs have surged by 7.2 percent on-year.

Sports Uti...

FEWER DAYS IN JAN HAS RECORDED A FALL IN KOREA’S AUTO SALES, OUTPUT, AND EXPORTS

Highlights:

• South Korea's domestic car sales fell to a seven-year low in January.
• Auto production has slumped by 29 percent as compared to a year ago in January.
• Domestic sales have slumped by 15.9 percent.

Car product...

US AUTO SALES IN 2019

Automakers were able to hold the sales to 17 million for the fifth consecutive year. The US economy continued to be escalating. This came amid the rumors of recession. However, despite a merry year two dozen car brands either fell behind or ended the year with moderate gains. The automakers are p...

New auction to show the love of cars of the US

The love for cars in the United States is immense, and the nation has not seen a decline in the sales of automotive even when the world is struggling in the auto sector. The love for cars in America has always been on the rising trend, and the auctions of cars have been proof of how much the Amer...