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auto sales

Demand in slow lane, Auto Inc deploys discounts to clear inventory gridlock

by Horatio Thompson
Demand in slow lane, Auto Inc deploys discounts to clear inventory gridlock

New Delhi: Car discounts have doubled from August last year and are likely to stay high through the festive season, till end of December, as carmakers and dealers rush to …

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Can high-demand California and the US install enough EV chargers by 2030?

by Vera Ward
Can high-demand California and the US install enough EV chargers by 2030?

If America is going to switch to electric vehicles, it’s going to need a lot more charging stations along highways and in shopping malls, parking structures and apartment buildings. To …

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Passenger vehicle sales fall for first time in over two years in July

by Horatio Thompson
Passenger vehicle sales fall for first time in over two years in July

Sales of passenger vehicles fell for the first time in more than two years in July on a high base worsened by sluggish demand and inventory glut at dealerships. Two-wheelers …

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Trying to buy a car? Your dealership might be recovering from a cyberattack

by Walter Watson
Trying to buy a car? Your dealership might be recovering from a cyberattack

Car dealerships in North America continue to wrestle with major disruptions that started last week with cyberattacks on a software company used widely in the auto retail sales sector. CDK …

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Tesla rival Fisker files for bankruptcy after glitches doomed Ocean SUVs

by Edgar Davis
Tesla rival Fisker files for bankruptcy after glitches doomed Ocean SUVs

Fisker filed for bankruptcy protection late Monday, as the US electric-vehicle maker looks to salvage its operations by selling assets and restructuring its debt after burning through cash in an attempt …

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May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

by Horatio Thompson
May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

Auto retails in the month of May dropped 5.28 per cent on a monthly basis as showrooms saw lower footfall due to prevailing heatwave, lack of new models and the …

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Auto sales enter slow lane in May, expected to bounce back in the festive season

by Horatio Thompson
Auto sales enter slow lane in May, expected to bounce back in the festive season

Automobile sales slowed down in May as a combination of factors such as heatwaves, election-related uncertainties and a high base led to a decline in dispatches from the manufacturers to …

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Why most EVs in the US are still being shipped to the same few states

by Vera Ward
Why most EVs in the US are still being shipped to the same few states

By Kyle Stock | Bloomberg As the US car market swiftly and steadily goes electric, the Volkswagen ID.4 remains near the front of an increasingly crowded field. Americans bought nearly …

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GM to stop making Chevy Malibu after 60 years as it shifts to EVs

by Edgar Davis
GM to stop making Chevy Malibu after 60 years as it shifts to EVs

General Motors said Wednesday it will end production of its gasoline-powered Chevrolet Malibu car later this year in order to produce new electric vehicles. GM has sold more than 10 million …

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Election uncertainty could hurt Indian auto sales in May, dealers’ body says

by Horatio Thompson
Election uncertainty could hurt Indian auto sales in May, dealers’ body says

Uncertainty around the ongoing elections in India could hurt automakers’ sales in May despite rising consumer interest for new model launches, a dealers’ body said on Wednesday. The world’s most …

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