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China Lockdowns Take Bite out of Global Vehicle Sales

Today, Shanghai is slated to come out of a strict two-month COVID lockdown. China’s largest city, Shanghai is home to about 25 million people. The end of lockdown will permit residents to more freely move about the city,...more

6/2/2022  /  Automotive Industry , Cars , China , Sales , Sales Tax

Electric Vehicle Sales Remain A Bright Spot in Industry, Outpace Demand

Electric vehicles are a hot topic in the auto industry, despite representing a relatively small segment of the current market. As the sales numbers for 2022 continue to take shape, it is clear that 2022 is representing a...more

Chip Shortage? Now it’s a Ship(ping Container) Shortage.

The never-ending impacts on the auto supply chain continue. We have written extensively on the shortages of chips and other parts, as well as the varied causes for these shortages. Automakers are currently feeling the...more

US Auto Industry Focuses on Strategic Investments as World Eyes Future of EVs

As the rise of electric vehicles continues, many countries and industries have been pushing to get ahead of the demand for batteries, microchips, and other key components in these vehicles. In the US, automakers and...more

Dealer Net Profits Rise During Supply-Chain Crunch

As everyone reading this blog well knows, there has been a shortage of new vehicles this year due to a variety of factors. Although the auto industry is continuing to struggle with supply-chain constraints, one area that is...more

China’s Overall Auto Sales Fell in Third Quarter, While Electric Vehicle Sales Boomed

The third quarter of 2021 has been a tough one for the auto industry. Ongoing chip shortages, labor shortages, high logistics costs, supply chain pressures, and fluctuating economies continue to place pressures on automotive...more

End In Sight for Auto Shortage? Not So Fast

By now, everyone knows there is a global auto supply shortage. The impacts of pandemic supply constraints and a global microchip shortage have combined to shrink inventory. June sales saw a significant impact on new-car...more

More Automakers Commit to Zero Emissions Future

In January, GM became the first large US auto manufacturer to commit to stop manufacturing gasoline-powered passenger cars and switching entirely to zero emissions vehicles for passenger cars, vans, and SUVs by 2035. The news...more

Biden to Announce Emissions Reductions as Auto Industry, State Leaders Weigh In

As the Biden administration continues to shape its environmental priorities and agenda, greenhouse gas emissions remain a sharp focus. President Biden is hosting a White House climate summit this week, and is expected to...more

New Administration Focus on Environmental Issues Signals More Changes Ahead in Auto Industry

The auto industry has been planning for the impact on a change in administration on many fronts. As previously discussed, the new administration has a strong focus on environmental policy, and is expected to make sweeping...more

China Auto Market Continues COVID Rebound in Bright Spot in Global Auto Market

Chinese auto sales grew at least 8 percent year over year in October. This follows a 7.4% jump in September. October marked seven straight months of year over year growth in China. China’s growth stands in stark contrast to...more

Ongoing COVID Sales Uncertainty in Europe, While Focus Turns to Opportunity for Green Recovery in the European Auto Industry

Like much of the rest of the world, Europe continues to grapple with the coronavirus pandemic. This is true in the auto industry, which saw a surprise pop in September, followed by a drop in October as a new wave of cases...more

Dealers Innovate to Attract Customers, Adapt to New Buying Habits

Dealers are combating supply chain issues, economic uncertainty, and consumers’ concerns about in person shopping. So what are car dealers, a historically face-to-face industry, supposed to do? As Dashboard Insights shared...more

EV Rebates and Subsidies Spur Growth amid Pandemic

Europe hit a milestone in July—and no, it was not related to COVID-19 statistics. Electric vehicle (EV) car sales in Europe hit 500k in the first half of the year, outpacing China’s EV sales for the first time since 2015....more

Summer 2020 Will Look Different This Year in the Automotive Industry

We all know summer 2020 will look different this year. In some places, major festivals have been cancelled, and it is uncertain whether pools will open. In other areas, tourist destinations are just beginning to reopen, and...more

Auto Industry Eyes Results from First Full Month of COVID-19 Impact, Hopeful for Recovery

As May begins, analysts are focused on the sales numbers from April to see how the auto industry fared coming out of the first full month of global coronavirus impact. All in, 24 states allowed dealerships to remain open,...more

Chicago Auto Show Highlights Crowd Pleasers and Aftermarket Stars

The Chicago Auto Show is a welcome February distraction from winter and the sobering news surrounding coronavirus. Although CES is creeping into the auto show lineup, the Chicago Auto Show is now the first large auto show of...more

Future Auto is the Buzz of CES

In the past several years, the Consumer Electronics Show (CES) in Vegas has become a hot ticket to see futuristic cars and automotive technology. This year is no exception, where the automotive industry claimed nearly half of...more

Automotive Industry 2020 Hot Topic: Automation

As our recent post on the OESA’s 2019 Industry Outlook Panel highlighted, automation is currently a topic of heavy discussion in the auto industry. Although the auto industry has heavily relied on automation for years, it has...more

Parts of Europe Stage an Auto Sales Comeback in October as Economists Monitor Impacts of Global Sales Slowdown

Good news coming out of the European markets- new car sales roles in October in many key regions, marking a positive change in an otherwise uncertain economic year in Europe.  However, a significant driver for the increase...more

Fall Is Here, and So Are the Model Year 2020 Cars

Every year as seasons turn from summer to fall, and pumpkin-everything dominates our grocery stores and coffee shops, manufacturers start rolling out their model year 2020 cars onto dealer lots.  We take a look at some of the...more

Auto Sales in China Reverse Trend in June

Preliminary numbers indicate auto sales in China rose in June, reversing course for the first time in a year.  Sales rose a reported 4.9% in June.  As previously discussed on the blog, sales in China have been in a downward...more

Electric Cars: Charging Ahead or Losing Speed?

Anyone following electric vehicle news in the past several months may feel like they are watching a yo-yo: first one analyst will predict an EV boom, and then another analyst will predict an EV sales slowdown. However,...more

As Detroit Auto Show Approaches, Auto Fans Await the Big Reveals

Each year, the Detroit Auto Show includes spectacular “reveals” by automakers- new vehicles, concept cars, and new advances in technology. This year is shaping up to include some exciting new releases for fans of the next big...more

Chinese Auto Sales Continue Longest Slump in Decades

The Chinese automotive industry is suffering its first sustained downturn in at least two decades. As previewed in our July update, sales in China started to turn over the summer. After a 4.8% increase in June, sales fell by...more

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