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General Motors had a strong 2024, growing U.S. sales and market share with a redesigned portfolio of both electric and gas-powered vehicles General Motors had a strong 2024, growing U.S. sales and market share with a redesigned portfolio of both electric and gas-powered vehicles. For the year, GM expanded overall sales by 4%, to 2.7 million […]
GM posts 4% sales growth in 2024, as market share keeps expanding Read More »
After more than a decade of consistent sales growth, Tesla’s fortunes experienced a slight reversal in 2024. The pure electric vehicle (EV) brand delivered almost 1.79 million units last year, falling 1% short of 2023’s 1.81 million. Almost all deliveries for the fourth quarter were attributed to the brand’s smaller and more affordable models, namely
Tesla’s annual sales decline for first time in 13 years Read More »
Premium brands are known for their design aesthetics, quality craftsmanship, and superior customer service. Many have proven early movers in the electric vehicle (EV) transition, and today’s premium segment offers a wide selection of models. The same cannot be said for home charging. In the US, the Department of Energy estimates that 80% of EV charging
Andersen EV extends luxury from cars to chargers Read More »
Statistically, Norway has been outperforming the world in terms of battery electric vehicle (BEV) penetration. In September 2024, the Norwegian Road Federation (OFV) found that electric models nationally outnumbered gasoline for the first time. On 2 January 2025, it announced that almost 90% of the 128,691 new passenger car sales recorded during the previous year
Economic difficulties slow Norway’s 2025 EV target pathway Read More »
Proposed tariff increases could drive a surge in M&A activity within automotive. By Mark Williams A shift in US trade policy could bring dramatic changes to electric vehicle (EV) production and reshape the auto industry’s mergers and acquisitions (M&A) landscape. As a new US administration contemplates stricter tariffs, manufacturers and investors must adjust their strategies
What could trade policy change mean for production and M&A? Read More »
In December 2024, Maruti Suzuki India Limited sold a total of 178,248 units. Total sales in the month include domestic sales of 132,523 units, sales to other OEM of 8,306 units and the highest ever monthly exports of 37,419 units. The sales figures for December 2024 are given below: SOURCE: Maruti Suzuki Source link
Maruti Suzuki sales in December 2024 Read More »
Battery electric vehicle (BEV) sales set a new global record in November 2024 at 1.8 million units. Despite this positive news for the segment, growth varied by region—strong in China, moderate in North America, declining in Europe—and automakers must now prepare for 2025 and beyond. Some analysts conclude the evolving geopolitical situation could prove highly
EREVs are more than a ‘stop gap’ solution, says Li Auto Read More »
Maruti Suzuki India Limited has reached a cumulative production milestone of 3 million units for its Dzire Maruti Suzuki India Limited has reached a cumulative production milestone of 3 million units for its Dzire. This significant milestone was achieved in just around 16 years and 11 months. Previously, the Dzire achieved cumulative production of 1
Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar technology, today announced that the company has delivered more than 100,000 lidar units during the month of December, becoming the world’s first lidar company to reach this milestone Hesai Technology, the global leader in automotive lidar technology, today announced that the company has delivered more
Global light vehicle sales snapshot Global light vehicle demand remains on track to increase by around 2% in 2024. The J.P.Morgan Global PMI Composite Output Index, produced by S&P Global, registered 52.4 in November, up 0.1pts from October and 0.5pts from September’s eight-month low. The composite figure reflected growth in the services sector and a
Global light vehicle sales forecast – December 2024 edition Read More »
