Used car stock availability and vehicle prices continue to be top challenges cited by car dealers for 2022. New research from WMS Group found that 85% of dealers are concerned over the availability of used car stock and 71% over high pricing. The research is captured in WMS’ new ‘From the Forecourt’ mini-report ‘Adapting to… Continue reading Used car stock availability is ‘biggest concern’ for dealers
Category: Automotive
Gigafactory boost as government backs plans
Go to Source
December 2021 new car pre-registration figures
28 January 2022 #Pre-Registration SMMT released figures for December pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in December 2021 that were defined as pre-registrations. Download the December 2021 release Go to Source
@VW Group: Lamborghini Miami Debuts New Showroom004526
Record global sales for 2021, with Florida as the second largest sales region in the company’s largest global market Sant’Agata Bolognese /Miami, FL, January 28, 2022 – Automobili Lamborghini has unveiled its new design aesthetic with the reopening of the Lamborghini Miami showroom. The remodeled facility asserts the brand’s commitment and new design direction for… Continue reading @VW Group: Lamborghini Miami Debuts New Showroom004526
@Toyota: Sales, Production, and Export Results for 2021 (January – December)
Toyota Motor Corporation (TMC) announces its sales, production, and export results for December 2021 as well as the cumulative total from January to December 2021, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. Go to Source
@Groupe PSA: PR Stellantis Announces Early Repayment of €6.3 Billion Credit Facility with Intesa Sanpaolo003180
AMSTERDAM – Stellantis N.V. announced today that FCA Italy S.p.A., a wholly owned subsidiary, and Stellantis’ other Italian subsidiaries, have repaid the €6.3 billion credit facility to Intesa Sanpaolo.The credit facility, entered into in June 2020, was structured to support the restart and transformation of Italy’s automotive sector after the COVID-19 outbreak by providing liquidity… Continue reading @Groupe PSA: PR Stellantis Announces Early Repayment of €6.3 Billion Credit Facility with Intesa Sanpaolo003180
@Groupe PSA: PR Stellantis Improves 2021 Business Performance in China003179
Dongfeng Peugeot Citroën Automobile achieved turnaround, selling more than 100,000 vehicles Jeep® Wrangler reached historic record in annual sales and Jeep Brand ranked No. 1 in vehicle quality and dependability Significant advancement in independent aftermarket business AMSTERDAM – In 2021, Stellantis strengthened its business position in China laying a solid foundation for the Company’s long-term… Continue reading @Groupe PSA: PR Stellantis Improves 2021 Business Performance in China003179
Ola to set up 300 new dark stores in quick commerce push
Currently, Ola Dash has as many as 200 dark stores and provides “store to door” delivery within 10 minutes. Go to Source
China’s Great Wall to invest $1.9bn in Brazil over next decade
SHANGHAI (Reuters) — China’s Great Wall Motor said on Friday it will invest 11.5 billion yuan ($1.81 billion) over the next decade to build electric vehicles in Brazil where its has taken over a factory from Daimler AG . Baoding-based Great Wall, China’s top pickup truck maker, said it planned to launch 10 new electrified… Continue reading China’s Great Wall to invest $1.9bn in Brazil over next decade
Waymo sues California DMV to keep driverless crash data under wraps
Waymo filed a lawsuit against the California Department of Motor Vehicles to keep driverless car crash data from being made public. The autonomous vehicle operator, which is owned by Google’s parent company Alphabet, claims that such data should be considered a trade secret. The news of the lawsuit was first reported by the Los Angles… Continue reading Waymo sues California DMV to keep driverless crash data under wraps