European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry ByThe Associated Press January 19, 2021, 9:23 AM • 1 min read Share to FacebookShare to TwitterEmail this article MILAN — European car sales plunged by nearly […]
KARACHI: Barring heavy commercial vehicles (HCVs), the entire auto sector gave a brisk performance during the first half of current fiscal year (1HFY21) on account of low interest rates and better farm incomes. Buyers purchased more number of vehicles despite rising price trend in vehicles amid low cost of imports […]
New car sales in the European Union sank by almost a quarter in 2020 as the coronavirus pandemic took a heavy tall on the automobile industry. The European Automobile Manufacturers Association (ACEA) said in its report Tuesday that new car registrations in Europe plunged by 23.7%, or around 3 million […]
Almost 22,000 brand new electric cars left forecourts last month compared to just 15,813 diesel vehicles. Petrol cars still outshone both fuel types with almost 58,500 vehicles being registered over the last month of the year. Total car sales were down by 10.9 percent compared to December 2019 with diesel […]
Domestic car sales may drop 5.3% this year, after a 21.4% slump last year, amid a recent outbreak of the coronavirus, the Federation of Thai Industries (FTI) said on Wednesday. Sales are targeted at 750,000 cars in 2021 after 792,146 vehicles sold last year, the FTI said. Thailand is a […]
US car sales have picked up again — and Americans are back to buying vehicles at their pre-pandemic pace, according to General Motors. © Angus Mordant/Bloomberg/Getty Images A person wearing a protective mask looks at vehicles for sale at a General Motors Co. Buick and GMC car dealership in Woodbridge, […]
Tesla managed to turn its first annual profit in 2020, but the money it made selling cars is dwarfed by its income from selling government regulation credits those electric vehicles earned. Those credits are unreliable, and as competition in the EV market increases experts are divided on whether Tesla can […]
Lexus has announced a comprehensive retail program pilot aimed at providing consumers with a new shopping experience. Dubbed Monogram, the program gives customers an integrated user experience across the official Lexus website, the dealership website, and the physical dealership itself. Users are able to start their journey towards Lexus ownership […]
Tesla posted its first full year of net income in 2020 – but not because of sales to its customers. Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can’t, the automakers have to buy regulatory credits from another automaker that meets those requirements […]
Before COVID-19 became A Thing, I loved the gym—and not in that muscle head, fitness freak kind of way. I liked how it provided so many activities! I could lift weights, watch Vanderpump Rules on the treadmill, or chill in the sauna and call it a “workout.” But last year, […]