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1 - 20 of 3175 results
SAIC GM conducts road tests of production V2X intelligent transportation technologies via Buick brand vehicles
SAIC GM conducts road tests of production V2X intelligent transportation technologies via Buick brand vehicles On January 13, SAIC General Motors Corporation Limited (SAIC GM) had road tests of V2X intelligent transportation technologies via its Buick brand vehicles. The first production vehicles of Buick GL8 Avenir 2021 using these technologies undertook functional tests successfully in Fengxian District, Shanghai. The V2X technologies launched ...
News Updated at: 2021/01/18
China vehicle production and sales decline 9.3% and 9.1%, respectively, in November
China vehicle production and sales decline 9.3% and 9.1%, respectively, in November On December 10, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of November, 2021.In November 2021, China’s macro-economy was in a stable state. The lack of power supply had been slightly mitigated, along with the fall in price of raw materials. The automotive industry was struggling to overco...
News Updated at: 2021/12/13
China vehicle production and sales increase 71.6% and 74.9% respectively in March
China vehicle production and sales increase 71.6% and 74.9% respectively in March On April 9, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of March, 2021.In March 2021, production and sales volumes of every vehicle type showed a significant year-over-year (y/y) increase, due to a low baseline in March 2020. Among commercial vehicles, production and sales volumes of heavy-dut...
News Updated at: 2021/04/12
China vehicle production and sales increase 420% and 360% respectively in February
China vehicle production and sales increase 420% and 360% respectively in February On March 11, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of February, 2021.Every vehicle type saw a significant year-over-year (y/y) increase in both production and sales volumes in February 2021, due to a low baseline in February of last year. Among commercial vehicles, production and sales ...
News Updated at: 2021/03/12
China vehicle production and sales decline 15.5% and 11.9%, respectively, in July
China vehicle production and sales decline 15.5% and 11.9%, respectively, in July On August 11, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of July, 2021. In July 2021, production and sales both experienced year-over-year (y/y) decreases, which were caused by a series of factors. Firstly, production and sales were high in July 2020. Secondly, the commercial vehicle sector s...
News Updated at: 2021/08/13
LMC Automotive blog: Have cars become a new form of PPE in Korea?
LMC Automotive blog: Have cars become a new form of PPE in Korea? When analysing the global automotive market, one acronym alone, COVID-19, suffices to explain the crash in most countries around the world. For the first time in history, a synchronised freefall in global Light Vehicle sales is down to a single cause. A major surprise, however, is the Korean market, where sales have bucked the prevailing trend, with a surge in Light Vehicle demand,...
News Updated at: 2020/08/04
Ford China to include C-V2X features in its new Explorer and Edge PLUS
Ford China to include C-V2X features in its new Explorer and Edge PLUS On December 22, Ford Motor (China) Ltd. (Ford China) announced that the new Explorer and the Edge PLUS, a mid to large sized SUV, would be the first models to include a Ford V2I (Vehicle-to-Infrastructure) system that is based on the C-V2X (Cellular Vehicle-to-Everything) technology. The system will be used in more locally made models in 2021. Specifically, the Ford V2I syste...
News Updated at: 2020/12/23
SAIC VW launches all-new ID.6 X flagship battery electric SUV
SAIC VW launches all-new ID.6 X flagship battery electric SUV On June 17, 2021, SAIC Volkswagen Automotive Co., Ltd. (SAIC VW) launched the ID.6 X, an all-new flagship battery electric SUV. The vehicle will be produced at SAIC VW’s Anting new energy vehicle plant in Shanghai. It is available in five versions, including one 6-seat AWD (all-wheel drive) version and four 7-seat RWD (rear-wheel drive) versions, and retails for between CNY 239,888 a...
News Updated at: 2021/06/21
LMC Automotive blog: Global Light Vehicle demand hit hard by supply disruptions, delaying recovery by more than a year
LMC Automotive blog: Global Light Vehicle demand hit hard by supply disruptions, delaying recovery by more than a year As we approach the end of 2021, the impact of the semiconductor shortage on the auto industry has yet to peak, contrary to initial expectations of this happening by the end of the second quarter. Not only has the impact intensified in the last two months, but the hope of a return to pre-pandemic conditions and a full recovery in ...
News Updated at: 2021/09/29
US March sales up 0.6% to 1.55 million units
US March sales up 0.6% to 1.55 million units Total light vehicle sales were 1,545,802 units in March 2015, up 0.6% from last year, representing a SAAR of 17.15 million. While March passenger cars illustrated a decline of 4.3% from last year, light trucks increasing 5.3 %, more than made up for the difference. March 2015 selling days are one day less than March 2014. 2015 1Q sales were up 5.6% from last year at 3,954,544 units. The first quarter...
News Updated at: 2015/04/03
GlobalData blog: Can Vietnam remain as Asia’s rising star?
up the value chains, too, with an increasingly skilled workforce and a growing IT industry. The country’s GDP per capita almost tripled from USD 1,290 in 2002 to USD 3,600 in 2022 (in 2015 US dollar terms), the fastest growth among the ASEAN 5 countries. Along with rising incomes, the country’s Light Vehicle sales quadrupled over the past decade to a record high of 472k units last year. Between 2012 and 2022, the compound annual growth rate o...
News Updated at: 2023/11/07
GlobalData blog: China's auto market finally ushers in a turning point
GlobalData blog: China's auto market finally ushers in a turning point The Chinese Light Vehicle sales pace slowed slightly in July. Light Vehicle wholesales came to 2.37 mn units with growth of -3% year-on-year. At a component level, total Personal Vehicle wholesale volume reached 2.14 mn units, down by 3% year-on-year in the month. At the same time, the Light Commercial Vehicle segment continued to grow, increasing by 5% year-on-year to a total...
News Updated at: 2023/09/15
LMC Automotive blog: How much market shelter has China provided for European production?
LMC Automotive blog: How much market shelter has China provided for European production? Right now, there appears to be an abundance of upbeat news emanating from China’s automotive market. Monthly sales in the world’s biggest Light Vehicle market have increased year-on-year since the widespread relaxation of domestic lockdowns in March. Indeed, over the April-July period this year, Chinese Light Vehicle sales grew by almost 8%. Contrast this...
News Updated at: 2020/09/02
LMC Automotive blog: Will the EU’s 2035 ban on ICE light vehicles impact total vehicle sales?
LMC Automotive blog: Will the EU’s 2035 ban on ICE light vehicles impact total vehicle sales? All new cars and vans sold in the EU from 2035 must effectively be zero-emission vehicles (ZEV), except for e-fuels and low-volume automakers. However, given that only 12% of new Light Vehicles (LVs) sold in the EU last year were ZEV and with the variation between those markets being wide, the question arises of whether the proposal is realistically at...
News Updated at: 2023/05/24
China releases fifth list for NEV models eligible for preferential tax policy
China releases fifth list for NEV models eligible for preferential tax policy On November 29, the Ministry of Industry and Information Technology of the People’s Republic of China (MIIT) and the State Administration of Taxation (SAT) released the fifth list for NEV (or energy-saving vehicle) models that meet the national energy-saving standards. Models on the list can have tax reductions or exemptions.According to related policies released by t...
News Updated at: 2018/12/05
SAIC Maxus unveils eDeliver brand
SAIC Maxus unveils eDeliver brand On September 21, SAIC Maxus officially unveiled the eDeliver brand for New Energy light vehicles (NELVs) and introduced MILA, the world’s first electric intelligent light vehicle architecture platform. The eDeliver V1 and T1, the first models based on the platform, were simultaneously launched. The new MILA platform enables a flexible combination of the vehicle structure, the battery system, the drive system, a...
News Updated at: 2023/09/26
US April sales up 4.6% to 1.45 million units
US April sales up 4.6% to 1.45 million units US Sales April - overall market Strong sales caused all car manufacturers to register a gain in April 2015 over sales one year ago, with many brands and models having their best April ever. The one exception to this was Honda, who showed a slight drop of 1.8%.Total light vehicle retail sales were 1,454,951 units in April 2015, up 4.6% from last year, and representing a SAAR of 16.50 million, up from 16...
News Updated at: 2015/05/13
FORVIA HELLA develops customized full-LED rear lamps for Daimler Truck
FORVIA HELLA develops customized full-LED rear lamps for Daimler Truck Hella GmbH & Co. KGaA (FORVIA HELLA) has supplied its patented light curtain technology for the first time in the bus segment. FORVIA HELLA has developed and supplied customized full-LED rear combination lamps with light curtain technology for Daimler Truck AG. The modular structure of the 900 square centimeters light curtain also enables the simple design of customized light ...
News Updated at: 2024/06/19
LMC Automotive blog: Dashed hopes – the Canadian Light Vehicle market feels the reality of the microchip shortage
LMC Automotive blog: Dashed hopes – the Canadian Light Vehicle market feels the reality of the microchip shortage What was supposed to be a year of rejuvenation for the Canadian Light Vehicle market has, instead, been marked by supply-side constraints that have dampened a previously anticipated sales boon. The global microchip shortage has manifested itself in the Canadian market through low inventory, high prices, lack of incentives and fewer ...
News Updated at: 2021/11/17
LMC Automotive blog: Global demand braces for impact
LMC Automotive blog: Global demand braces for impact After two and a half years of facing one major setback after another, the global Light Vehicle market continues to struggle to gain any real traction. Even though it has posted stronger selling rates in recent months, that is primarily a result of a rapid improvement in the China market, which itself is benefitting from a temporary purchase tax cut on cars. Across much of the world, supply bott...
News Updated at: 2022/10/07