The latest market data illustrates the heavy toll of COVID-19 for the automotive sector, with the Finance & Leasing Association reporting new business volumes in [...]…
A time for rapid innovation and change? August 27, 2020 Verdict Staff Triad vehicle markets post stronger than expected sales in July
Provisional data compiled by GlobalData shows a much stronger demand picture for light vehicles in July than anticipated for the key Triad markets of North [...]…
PSA in good shape for merger with FCA
PSA Group has posted a positive profit result for the first half of the year despite the heavy impact of the COVID-19 pandemic and much-reduced [...]…
France reshapes automotive scrappage programme
On 27 July the French environment ministry announced subtle changes to scrappage programme it implemented in June. France’s original coronavirus scrappage scheme, part of a [...]…
Deals activity picks up in automotive sector
GlobalData's deals tracker shows an uptick in the number of deals announced in the automotive sector globally in the quarter ended June 30 (422 versus [...]…
Italy inches towards support for its automotive sector
It’s been discussed and rumoured for weeks, if not months, but it seems that the Italian government is getting closer to announcing measures to support [...]…
Automotive retailing post Covid-19
Post-Corona, how will our industry look in the ‘new normal’? Autofutura believe that, from our changed world, the smartphone will emerge as a fully integrated [...]…
Level 5 fully self-driving cars not due anytime soon
Tesla chief executive, Elon Musk announced on 9 July 2020 that he believed the electric car company would have “basic functionality” for level 5 vehicle [...]…
UK auto industry will struggle without targeted Government support
The UK Government's £300bn post-virus stimulus package announced this week omitted automotive-specific measures. Just a matter of weeks ago, it seemed that the final touches [...]…
Public transport risk may drive private vehicle popularity
A survey of 2,000 Brits conducted by insurer Green Flag has revealed that 32% said they are considering getting a private car in the wake [...]…
