Volkswagen ‘New Auto’ strategy predicts near 100 per cent EV sales by 2040

The Volkswagen Group has announced a new business plan called New Auto, which will see the firm through to 2030.

The plan mainly focuses on how the group will balance the mix between battery electric vehicles and internal combustion powered cars over the next decade. The VW Group says that the internal combustion engine market will shrink by more than 20 percent over the next decade, with EVs expected to overtake ICEs as the leading technology as they reach price parity. 

Volkswagen Group says that electric cars will account for around 50 percent of its sales by 2030, and will

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Ford Europe sales recover in first half as Puma lures buyers

With the usual rider 2020 profits ended up Covid-impacted, Ford said its European 2nd quarter (Q2) profits rose 73,746 models, or 43.seven% yr on yr, to 242,618 models in an over-all ‘Euro 20’ marketplace up one,564,060, or sixty five.8% yr on yr, to 3,942,090 models.

Ford’s YTD (H1) volume was up ninety two,656/22.six% to 502,677 motor vehicles in an over-all marketplace of seven,569,461, up one,719,638/29.four%.

The automaker’s Q2 marketplace share was down .9% to six.two% and, for the initially fifty percent, off .four% to six.six%.

Audi India expects EV sales volume to reach 15% by 2025, Auto News, ET Auto

On Thursday, the automaker made its debut in the EV segment with the launch of three electric SUVs under its e-tron range- Audi e-tron 50 (INR 99.99 lakh), e-tron 55 (INR 1.16 cr), and Sportback e-tron 55 (INR 1.18 cr), all prices ex-showroom.
On Thursday, the automaker produced its debut in the EV section with the launch of a few electric SUVs underneath its e-tron selection- Audi e-tron fifty (INR 99.99 lakh), e-tron 55 (INR one.16 cr), and Sportback e-tron 55 (INR one.eighteen cr), all rates ex-showroom.

New Delhi: German luxury motor vehicle maker Audi is betting significant on electric mobility in India and expects its EV sales volumes to attain 15% of its total sales by 2025. “This is the bare bare minimum. We will continue on to carry additional EV items to the nation. If anything goes on track, it will

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China’s Auto Gross Sales Prone To Fall 16% In June, Trade Physique Says

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Official: Suzuki Jimny Returns Following Sales Ban

Costs begin at £16,796 before VAT, or about $23,150 according to present-day trade prices. Irrespective of ripping out the again seat, the Jimny even now comes powered by the exact engine: a smaller but long lasting by natural means aspirated one.5-liter 4-cylinder with just a hundred horsepower. The ladder body, 3-hyperlink axle suspension and part-time 4wd program with a reduced selection transfer equipment are key things to its go-everywhere capabilities. The Jimny is also somewhat bare bones on the protection entrance as well for the reason that it lacks highly developed protection systems identified in most other new automobiles. Having

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May EU sales volume not yet at pre-pandemic level

Previous month, the European new vehicle industry saw an improve in overall quantity of 73%  compared with COVID-19-hit May possibly 2020.

According to data from JATO Dynamics for 26 European marketplaces, quantity totaled one,073,987 units, getting the calendar year-to-day overall to five,one hundred fifty,831 units. Regardless of this improve, quantity was 25% lower than May possibly 2019 as the industry ongoing to really feel the effects of the pandemic.

Felipe Munoz, global analyst, mentioned: “The data is encouraging but the industry is recovering slower than quite a few had hoped. Economic uncertainty and a deficiency of shopper self confidence are

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LMC Automotive trims 2021 ASEAN light vehicle sales projection despite strong YoY growth in April, Auto News, ET Auto

Interestingly, in April 2021 ASEAN region which comprises Indonesia, Thailand, Malaysia, Philippines, Singapore, Vietnam and Brunei witnessed a jump of 388% year‐on‐year (YoY) in its LV sales. However, the huge growth was flattered by the low base in April last year, when the market recorded sales of just 50,387 units as every country in the region was under some form of lockdown, which dampened economic activity and disrupted LV demand.
Curiously, in April 2021 ASEAN area which includes Indonesia, Thailand, Malaysia, Philippines, Singapore, Vietnam and Brunei witnessed a leap of 388% year‐on‐year (YoY) in its LV gross sales. Nevertheless, the huge development was flattered by the small foundation in April last yr, when the marketplace recorded gross sales of just fifty,387 models as every country in the area was less than some form of lockdown, which dampened financial activity and disrupted LV need.

New Delhi: Numerous countries across the globe are reeling less than the strain of the Covid-19 pandemic and lockdowns. National economies and companies are counting prices and

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Passenger vehicle sales dip 66% in May as Covid disruptions take toll, Auto News, ET Auto

Vehicle sales across categories witnessed a dip of 65 per cent to 4,42,013 units last month, as against 12,70,458 units in April this year.
Car product sales throughout classes witnessed a dip of sixty five for every cent to four,forty two,013 models last thirty day period, as from 12,70,458 models in April this yr.

NEW DELHI: Passenger automobile wholesales in India declined by sixty six for every cent to 88,045 models in Might as in comparison to April this yr as lockdowns throughout numerous states impacted dispatches to dealers, car field human body SIAM reported on Friday.

Passenger automobile wholesales in April stood at two,61,633 models.

As for every the most current data by the Society of Indian Vehicle Brands (SIAM), two-wheeler dispatches to

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Mahindra expects car sales to take two years to rebound after COVID shock, Auto News, ET Auto

FILE PHOTO: A Mahindra and Mahindra sign at one of the carmaker's showrooms  in Mumbai, India, August 30, 2016. REUTERS/Danish Siddiqui
FILE Picture: A Mahindra and Mahindra sign at a single of the carmaker’s showrooms in Mumbai, India, August thirty, 2016. REUTERS/Danish Siddiqui

India’s Mahindra & Mahindra expects it will acquire at least another two decades for vehicle profits to return to their pre-pandemic peaks, but a sluggish rate of vaccinations could damage restoration potential clients, its chief advised Reuters in an job interview.

Battered by the pandemic in 2020 and an economic slowdown in 2019, passenger car or truck profits in India fell to 2.seven million models in the very last fiscal calendar year – their cheapest degree in 6

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Enterprise Car Gross Sales

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Covid-19 spread in rural India to hit auto, tractor sales, Auto News, ET Auto

The rural economy-led recovery that was seen last year starting from the post-harvest season in May-June had led to a rebound in the demand for not only two-wheelers but also passenger cars, tractors and the light commercial vehicles. The sharp demand recovery resulted in tractors recording sales of about 9 lakh units, highest ever in a fiscal, and the car wholesales were marginally down 2% YoY despite Q1FY21 being a washout.
The rural overall economy-led restoration that was noticed past yr commencing from the publish-harvest season in Could-June had led to a rebound in the demand for not only two-wheelers but also passenger autos, tractors and the light industrial automobiles. The sharp demand restoration resulted in tractors recording sales of about 9 lakh units, optimum at any time in a fiscal, and the vehicle wholesales had been marginally down two% YoY even with Q1FY21 being a washout.

Amit Panday, Nabeel Khan

New Delhi: As the second wave of covid-19 bacterial infections continues to ravage India with file quantity of daily new

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April US sales expected down on March | Automotive Industry News

April US auto product sales, owing to be announced upcoming week, had been anticipated to reveal “a extremely very hot new car market place”, Cox Automotive explained.

The April product sales speed was anticipated to end near 16.5m, down from last month’s “strong” seventeen.7m but nevertheless a nutritious speed for the business.

March product sales had been in particular potent owing in portion to some February product sales currently being delayed as a final result of poor weather (msotly in Texas) and ensuing electrical power outages. The added strengthen which benefited March was not probable to be found in April. 

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Thai sales surge 25% in March | Automotive Industry News

Thailand’s new car or truck industry jumped by about twenty five% to 74,925 units in March 2021 immediately after declining by forty two% to 60,105 units in the similar thirty day period of past yr, according to wholesale facts compiled by the Federation of Thai Industries.

The facts exclude some major manufacturers, specially business automobiles by Chinese and European brands and also passenger automobiles offered by BMW and Mercedes-Benz.   

The industry past thirty day period confirmed symptoms of enhancement immediately after two months of sharp declines despite surging COVID-19 bacterial infections in the past various months.

The spike in bacterial

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Two-wheeler sales fall despite demand recovery in H2 FY21, Auto News, ET Auto

By Amit Panday

The domestic wholesales of two-wheelers declined 13.19% calendar year-on-calendar year during the Coronavirus pandemic-strike FY21 even as the desire restoration in a few out of 4 quarters last fiscal unsuccessful to lift the yearly volumes, details out the information launched by the Culture of Indian Car Manufacturers (SIAM) on April 12.

In accordance to the industry information, the two-wheeler domestic volumes were being at 15,119,387 units during FY21 in opposition to seventeen,416,432 units a calendar year in the past, which indicates that the producers missing cumulative wholesales of much more than 2 million units despite clocking YoY

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Lancia, soaring sales, Honda plant sold – the week | Automotive Industry Comment

Hondas Swindon plant awaits its fate - logistics park, houses, a mix of uses?

Honda’s Swindon plant awaits its fate – logistics park, homes, a mix of utilizes?

Easter has come close to once again – customarily a time to check out and try to remember where by we left the mower and barbecue at the conclusion of previous summer time but, as you may possibly have heard, we already had our two times of summer time early this calendar year and week. So, what tickled just-automobile readers’ fancy this week?

Lancia CEO, Luca Napolitano, has announced the reorganisation of the Lancia model with rapid effect. “We have been seeking for a workforce of

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Escorts domestic tractor sales up 124% at 11,730 units in March, Auto News, ET Auto

For 2020-21 fiscal, Escorts reported 23.8% growth in total sales at 1,01,848 units compared to 82,252 units in 2019-20.
For 2020-21 fiscal, Escorts claimed 23.8% growth in total revenue at 1,01,848 units as opposed to 82,252 units in 2019-twenty.

New Delhi: Farm equipment company Escorts Agri Machinery on Thursday claimed a 124.4% enhance in domestic tractor revenue at eleven,730 units in March.

The corporation experienced sold five,228 units in March 2020 when revenue were impacted by the COVID-19 lockdown and are not strictly equivalent, the corporation said in a regulatory submitting.

Escorts Agri Machinery said tractor need is anticipated to carry on to be potent led by increased rabi output, favourable crop prices, and first constructive forecast of 2021

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Maruti Suzuki domestic sales surge 96% to 155,417 units, FY’21 sales down 6.7%, Auto News, ET Auto

Sales of mini cars comprising Alto and S-Presso were at 24,653 units as compared to 15,988 units in the same month last year, up 102.8% .
Income of mini automobiles comprising Alto and S-Presso were being at 24,653 models as as opposed to 15,988 models in the identical month previous yr, up 102.eight% .

New Delhi: The country’s biggest carmaker Maruti Suzuki India Ltd (MSIL) on Thursday described 96.5% expansion in its domestic gross sales at a hundred and fifty five,417 models in March.

The organization had marketed seventy nine,080 models in March previous yr, when gross sales were being afflicted by the COVID-19 outbreak and the subsequent lockdown.

“Domestic Income in March 2020 had dropped about 48% owing to the COVID-relevant disruptions. Domestic gross sales

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During A Global Pandemic Luxury Car Sales Skyrocket

It appears that we are living in a golden period for luxury car revenue, as analysts at Technavio had predicted in the middle of previous calendar year when they claimed that the US luxury car marketplace would expand by all over 6.seven million units from 2020 to 2024. The stats help this theory, with Ferrari’s share rate leaping by 27 per cent previous calendar year whilst Lamborghini’s buy e-book is currently complete till Oct. Rolls-Royce is the only manufacturer that failed to complete very so very well with deliveries dropping by 26 per cent calendar year-over-calendar year for 2020, an

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Classic Legends Jawa Motorcycles CMO puts in papers; national sales head takes a sabbatical, Auto News, ET Auto

. ( Image source - Campaign India)
. ( Image supply – Marketing campaign India)

New Delhi: Following earning a successful comeback in November 2018, Basic Legends Pvt. Ltd, the maker of the Jawa manufacturer of quality bikes, is owning a management disaster as two of its top executives have exited the business.

In accordance to individuals who are mindful of the issue, Saji Abraham, main promoting officer, Basic Legends, has set in his papers and will be leaving the business on March 31, 2021.

While Tarun Sharma, who was the national product sales head of Basic Legends, is on a sabbatical and carries on to be

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BMW boosts EV sales target

Deliveries of complete-electric styles will grow by extra than 50 percent each year on common by 2025, extra than 10 times the figure for 2020, BMW stated. By the conclusion of 2025, the enterprise expects to have delivered about two million complete-electric cars to prospects, soaring to 10 million by 2030 for at minimum 50 % of world wide deliveries. BMW previously stated it expects 20 percent of gross sales to be battery or plug-in hybrid cars by 2023.

The enterprise will have at minimum just one complete-electric product on the road in ninety percent of its existing market place

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