Carmakers quietly cut ties with China in supply chain shake-up

Over the past 20 years, China has risen from obscurity to become a global leader in the car parts industry. Its growth was fuelled by European and American carmakers that farmed out the production of an increasing number of their components to China to save costs and establish links with the world’s largest car market.… Continue reading Carmakers quietly cut ties with China in supply chain shake-up

@VW Group: A World of Cars in One Subscription006377

People want to be mobile. The invention of the steamship 300 years ago was a milestone. It was followed in 1825 by the first railroad, then the airplane and the automobile—and a car at your doorstep quickly became a status symbol. As a result of social issues such as sustainability and climate protection, as well… Continue reading @VW Group: A World of Cars in One Subscription006377

@VW Group: A World of Cars in One Subscription006367

People want to be mobile. The invention of the steamship 300 years ago was a milestone. It was followed in 1825 by the first railroad, then the airplane and the automobile—and a car at your doorstep quickly became a status symbol. As a result of social issues such as sustainability and climate protection, as well… Continue reading @VW Group: A World of Cars in One Subscription006367

Electric Trucks Market is set to grow by 562.44 thousand units from 2022 to 2027, Witnessing the Emergence of AB Volvo and BOLLINGER MOTORS LLC as Key Market Contributors – Technavio – Yahoo Finance

NEW YORK, Dec. 15, 2022 /PRNewswire/ — The electric trucks market size is forecast to increase by USD 562.44 th units from 2022 to 2027, at a CAGR of 28.82%, according to the recent market study by Technavio. The growth of the market will be driven by the growing demand for fuel-efficient and low-emission vehicles, stringent rules… Continue reading Electric Trucks Market is set to grow by 562.44 thousand units from 2022 to 2027, Witnessing the Emergence of AB Volvo and BOLLINGER MOTORS LLC as Key Market Contributors – Technavio – Yahoo Finance

SUVs overtake humble hatchbacks as the biggest selling body style in India

The Sports Utility Vehicle (SUV) segment has become the largest selling vehicle body type in the Indian market, overtaking the humble hatchback which was the primary choice for the millions of Indians over the years. Increased affordability due to rising disposable income and high-decibel new vehicle launches over the years have expanded the bouquet of… Continue reading SUVs overtake humble hatchbacks as the biggest selling body style in India

BEVs and PHEVs take record 28% market share as European demand surges in November

BEVs and PHEVs take record 28% market share as European demand surges in November Last month, the European new car market performed well once again, with November marking the fourth consecutive month of growth. Registrations increased from 860,700 units in November 2021 to 1,010,900 units this year – a total volume increase of 17%. However,… Continue reading BEVs and PHEVs take record 28% market share as European demand surges in November

BEVs and PHEVs take record 28% market share as European demand surges in November

BEVs and PHEVs take record 28% market share as European demand surges in November Last month, the European new car market performed well once again, with November marking the fourth consecutive month of growth. Registrations increased from 860,700 units in November 2021 to 1,010,900 units this year – a total volume increase of 17%. However,… Continue reading BEVs and PHEVs take record 28% market share as European demand surges in November

Global Hydraulic Components Markets Report 2022-2027: Innovative Electrohydraulic Technology Revives a Sleeping Dinosaur as Hydraulics Gain Benefits from Thermoplastics

DUBLIN, Dec. 21, 2022 /PRNewswire/ — The “Hydraulic Components – A Global Market Overview” report has been added to  ResearchAndMarkets.com’s offering. The report reviews analyzes and projects the global Hydraulic Components market for the period 2018-2027 in terms of US$ and the compound annual growth rates (CAGRs) projected from 2022 through 2027. Cylinders account for… Continue reading Global Hydraulic Components Markets Report 2022-2027: Innovative Electrohydraulic Technology Revives a Sleeping Dinosaur as Hydraulics Gain Benefits from Thermoplastics

Mahindra introduces metaverse platform XUV400verse

With the  XUV400verse Mahindra is one the latest automakers to jump on the metaverse platform for their Electric XUV400 to strengthen their outreach with millennial and Gen-Z audiences. The XUV400verse will jostle for attention between existing automakers like Maruti, MG Motors, and even luxury car maker Volvo who all are looking to  provide an immersive brand experience… Continue reading Mahindra introduces metaverse platform XUV400verse

Mahindra introduces metaverse platform XUV400verse

With the  XUV400verse Mahindra is one the latest automakers to jump on the metaverse platform for their Electric XUV400 to strengthen their outreach with millennial and Gen-Z audiences. The XUV400verse will jostle for attention between existing automakers like Maruti, MG Motors, and even luxury car maker Volvo who all are looking to  provide an immersive brand experience… Continue reading Mahindra introduces metaverse platform XUV400verse