Ford future models, US sales, global markets – the week | Automotive Industry Comment

US sales were scrutinised closely this week

US sales were being scrutinised carefully this 7 days

Long run designs, as standard, drew the most eyeballs on just-vehicle this 7 days. Ford led the pack. In this very first chapter of a 3-installment series, highlights of very likely developments for the Ford brand’s world wide vehicles line were being explored, along with electrified automobiles. This was followed by a look at coming developments in crossovers, SUVs and select-ups and a 3rd report all about the future of Lincoln.

We had two studies on the crucial US industry this 7 days – no extended the world’s largest (hunting at

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JLR retail sales fall 12% in Q2, show sequential quarterly recovery, Auto News, ET Auto

Particularly in China, JLR sales were up 28.5% year-on-year in the month of September.
Notably in China, JLR product sales were being up 28.five% yr-on-yr in the month of September.

New Delhi: Retail product sales of the Tata Motors-owned Jaguar Land Rover (JLR) for the three-month interval to September 30, 2020, have improved from the product sales in the previous quarter. Having said that, the product sales continued to be impacted by COVID-19 and declined eleven.nine% from the pre-COVID concentrations a yr in the past to 113,569 automobiles, the enterprise said in a release.

The luxurious carmaker has witnessed a quarter-on-quarter advancement of 50% from product sales of 74,067 automobiles in the prior quarter

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Online videos emerge as the new sales consultant for car buyers, says Google study, Auto News, ET Auto

In the used car segment, the report suggests that 94% of used car buyers research online.
In the applied motor vehicle phase, the report indicates that ninety four% of applied motor vehicle buyers analysis on the web.

New Delhi: Net and smartphones have widened the arrive at of electronic connectivity to every single realm of everyday living across the towns in India, even in the non-metros. From ordering textbooks, clothes, footwear, desired meals, groceries and food products and solutions, to speedy-relocating client merchandise, most people in the Tier-2 towns obtain all the things right after a thorough search in Youtube.

Recent surveys display that people in these towns even purchase their desired cars under the affect

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September Was A Great Month For New Vehicle Sales

Now that we are into the closing quarter of the yr, there are some promising symptoms that the automotive marketplace is on an upward trajectory as a demanding yr attracts to a near. In the US market place, the likes of Subaru, Toyota, and Hyundai all bought much more autos in September than in the similar thirty day period in 2019.

Subaru bought 60,103 autos in September 2020, a 16 percent yr-on-yr increase, and the very first time that the brand has bought over 60,000 autos since December 2019. It is really not rather ample to offset the effects of

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Supply of used cars falls with slowdown in new car sales, may trigger price hike, Auto News, ET Auto

The used car market size is around 1.5-1.7X (times) of the new car market.
The employed car or truck sector dimension is all around 1.five-1.7X (periods) of the new car or truck sector.

New Delhi: The increase in the employed car or truck sector all through the COVID-19 pandemic has turned the business of marketing cars and trucks upside down. Firms are witnessing a buoyant need for pre-owned autos, but there is a lack of offer! The slowdown in new car or truck revenue has now started out impacting the employed car or truck stock.

In accordance to marketplace authorities, the replacement cycle is likely up. This is impacting the offer of pre-owned cars

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Auto Inc reflects a mixed bag of sales, pins hope on festive season, Auto News, ET Auto

As per analysts, automakers are likely to report an increase in the purchase of vehicles during this time of the year.
As for every analysts, automakers are likely to report an maximize in the buy of cars throughout this time of the 12 months.

New Delhi: A sequential maximize in the thirty day period-on-thirty day period income for each phase has been brewing hope for the if not stressed automotive field. Nevertheless, the August 2020 cheer does not stem from a sustainable demand. Analysts forecast that with the festive period accounting for forty% of the overall once-a-year income, automakers are likely to report an maximize in automobile income throughout this time of the 12 months.

In the feeling of Rajesh Menon,

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Honda e sales in Japan to start 30th October | Automotive Industry News

Honda Motor verified this week it will begin product sales of its recently-unveiled “Honda e” in Japan at the conclusion of Oct, as aspect of a broader technique to “electrify” a large aspect of its product selection in the present-day ten years.

The automaker has set a focus on for hybrid and electrical motor vehicles to account for two-thirds of its world product sales by 2030.

The Honda e, which was unveiled in Europe earlier this month, is a 4-seater compact motor vehicle which the corporation says has a selection of up to 283km beneath the All over the world

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Thailand mulls incentives to lift car sales | Automotive Industry News

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Russia car and LCV July sales rise 6.8% | Automotive Industry News

July profits of new autos and gentle industrial motor vehicles in Russia elevated by 6.eight% in comparison to the same thirty day period last calendar year, or by 9,097 bought units, amounting to 141,924 autos, in accordance to the AEB Auto Makers Committee (AEB AMC).

“With an maximize of 6.eight %, July is the to start with thirty day period this calendar year with substantial expansion versus the past calendar year, which displays signals of the extended awaited restoration,” claimed AEB AMC chairman, Thomas Staertzel.

“This sturdy performance is fired, on the a single hand, by the deferred desire of

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U.S. auto sales pandemic recovery continues as Toyota decline slows

DETROIT — U.S. new car sales in July continued to show signs of restoration from the COVID-19 pandemic, as Toyota on Monday posted its lowest sales decrease considering the fact that the virus outbreak slammed the sector in mid-March.

The Japanese automaker stated its sales in July fell 19% vs . the exact thirty day period in 2019, to 169,484 models. That was Toyota’s best thirty day period considering the fact that ahead of the pandemic shuttered North American output for two months and led to shut showrooms throughout quite a few U.S. states.

The rebound in U.S. car sales

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Thai sales fall 33% in June | Automotive Industry News

Thailand’s new vehicle industry fell by close to 33% to 58,013 units in June 2020 from sturdy year earlier gross sales of 86,048 units, in accordance to wholesale information compiled by the Federation of Thai Industries (FTI).

This followed even sharper declines in the past two months, as significant sections of the financial system were being below lockdown to assist manage the spread of the COVID-19 pandemic.

While the Thai federal government commenced to simplicity organization and social restrictions in early May well, key sectors of the financial system remained below force, notably all those dependent on journey and tourism,

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Veoneer posts Q2 net sales down 62% to US$184m | Automotive Industry News

Veoneer has reported second-quarter web income down 62% to US$184m.

Active Security web income of US$79m declined fifty seven% together with an Natural Profits decrease of fifty six%

“The second quarter was really unusual,” reported Veoneer president and CEO, Jan Carlson. “Light vehicle output declined by around 45%, the worst decrease in recorded history. The many complexities in phrases of regional discrepancies, global offer chains, limited delivery notices and quite a few other things, produced it a really challenging ecosystem for jogging productive and effective functions.

“The health of our staff members remained a continued target, not the very least

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Continental burns cash as Q2 sales slump nearly 40%

BERLIN — Continental endured a nearly forty p.c 12 months-on-12 months decline in team revenue all through the next quarter, causing the German supplier to burn off cash and forcing it to refrain from delivering an outlook for the 12 months.

Consolidated team revenue declined by 39.8 p.c to 6.62 billion euros ($7.6 billion), the organization stated Monday as it documented some benefits early. Running margin was minus 9.6 p.c and documented free of charge cash move was a destructive 1.78 billion euros ($2 billion.)

The automotive sector, spearhead of Germany’s export-pushed financial system, has been hammered by the coronavirus

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Sales recovering but outlook still grim – the week | Automotive Industry Comment

The worlds light vehicle market is forecast by just-auto parent company GlobalData to decline by 17.2% to 73.6m units in 2020, due to the impact of the COVID-19 pandemic and its associated economic fallout

The world’s mild car or truck sector is forecast by just-auto guardian firm GlobalData to decline by 17.2% to 73.6m units in 2020, because of to the impact of the COVID-19 pandemic and its connected economic fallout

Unsurprisingly, the COVID-19 pandemic, which is displaying troubling indicators of a resurgence in a lot of nations next the soothing of lockdown constraints, carries on to impact new car or truck product sales. Case in issue – the US wherever a lot of states and regions have just lately reimposed stricter lockdown rules once again right after a resurgence of new infections. Our

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CNG car sales expected to grow in double-digits in FY21 despite decline in PVs, Auto News, ET Auto

The cost of running a CNG vehicle is about Rs 1.5 per km, which is less than half that of petrol and diesel vehicles.
The expense of operating a CNG automobile is about Rs 1.five for each km, which is less than 50 percent that of petrol and diesel motor vehicles.

New Delhi: Product sales of CNG motor vehicles are projected to shoot up in robust double-digits in the present-day money 12 months on reduce operating prices and broader availability of the gasoline, even as increasing petrol and diesel price ranges harm demand from customers amid weak industry sentiment.

Maruti Suzuki, the country’s largest carmaker, expects sales of CNG motor vehicles to improve 36 for each cent to one hundred forty four,000 models in

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May U.S. auto sales: Hyundai volume slips 13%

Hyundai’s U.S. sales fell thirteen % last month as the COVID-19 outbreak continued to undermine showroom traffic and sales, even as more states lifted constraints on small business and personal action.

The company’s outcomes, an improvement over April’s 39 % drop, are a different indication the market place carries on to get well. Hyundai’s car deliveries skidded forty four % to 16,456 though crossover sales, a strength for the brand, rose 12 % to 41,163.

Hyundai stated retail quantity rose 5 % regardless of the pandemic though fleet deliveries dropped 79 %, symbolizing just 5 % of all quantity.

Randy

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Jaguar Land Rover online sales system now fully operational

Jaguar Land Rover (JLR) has rolled out its online income system to all Uk prospects, letting them to buy automobiles from home with no getting to go to a showroom.

The system was released in May perhaps 2019 as part of a trial, letting a minimal number of prospects to buy a Jaguar or Land Rover automobile online specifically from the configurator.

Now, with showrooms shut owing to the coronavirus lockdown, JLR has opened the online income system up to all Uk prospects. Consumers can build a automobile on the configurator, pay back for it – possibly outright or via

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India’s automakers warn of up to 45% sales drop as economy slumps amid pandemic, Auto News, ET Auto

Nearly all automakers recorded zero domestic sales in April
Almost all automakers recorded zero domestic revenue in April

NEW DELHI – India’s automakers have warned that total vehicle revenue could fall as substantially as 45% in the existing fiscal year in a worst-situation circumstance as economic expansion slumps owing to the COVID-19 pandemic, and they are searching for government assist by the crisis.

The Culture of Indian Automobile Producers (SIAM), an marketplace trade overall body, informed government officials last 7 days that if India’s overall economy contracts by two% in the year beginning April 1, revenue of vehicles, vans and motorbikes could decrease by as substantially as 45% from

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Major drop in cars sales in Canada in April | Car News

Normally, a challenging thirty day period in the automobile market is when revenue are down it’s possible 1 or 2%. With the predictable but sobering 74.six% decline registered in April, the sector has just knowledgeable the worst thirty day period in its heritage in this regard.

The tiny consolation is that we know the enemy dependable for it: the coronavirus. Still, the figures are catastrophic. The Canadian division of Automotive News released a in-depth assessment of the results on Sunday. Here’s what they uncovered.

Past month’s revenue reached an estimated overall of 45,833 units, in contrast to one hundred eighty,616

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