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AUTO SALES: Italian sales come to a halt under virus restrictions

  • Date: 02-04-20
  • Category: AUTO SALES
  • Source: Auto News

The Italian foreign carmakers group UNRAE has asked for an expansion of bonuses for low- and zero-emissions vehicles, such as the upcoming Fiat 500 electric model.

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AUTO SALES: U.S. Auto Sales Poised for Crash After Slowest Pace in a Decade

  • Date: 01-04-20
  • Category: AUTO SALES
  • Source: Bloomberg

Carmakers gave an early glimpse of the damage a global pandemic is doing to the U.S. auto market, with General Motors Co. and Fiat Chrysler Automobiles NV falling short of estimates and the industry selling vehicles at the slowest pace in a decade.

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AUTO SALES: Automakers Are About to Give an Inkling of the Sales Collapse Ahead

  • Date: 31-03-20
  • Category: AUTO SALES
  • Source: Bloomberg

A year that started off well for the U.S. auto market, with only a subtle down shift expected following years of strong demand, is suddenly shaping up to be a disaster.

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AUTO SALES: Local governments step up with incentives to spur sales

  • Date: 30-03-20
  • Category: AUTO SALES
  • Source: China Daily

Local authorities in a growing number of Chinese cities are offering subsidies and increasing the number of available license plates to encourage vehicle purchases in the country.

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AUTO SALES: JATO Dynamics: in decline of Euro new car market, electrified vehicles increase share to almost 13%

  • Date: 27-03-20
  • Category: AUTO SALES
  • Source: Green Car Congress

The decline of the European new car market has continued throughout February. According to JATO Dynamics data, 1,063,264 units were registered last month, compared to 1,143,852 in February 2019. This equates to a decline of 7.0%, as last month saw the lowest number of registrations since 2015, when only 955,113 units were registered.

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AUTO SALES: New Vehicle Sales Drop in March to Close a Down First Quarter in 2020, Edmunds Forecasts

  • Date: 26-03-20
  • Category: AUTO SALES
  • Source: Edmunds

The car shopping experts at Edmunds say that March will be a down month for the auto industry due to the coronavirus (COVID-19) pandemic, forecasting that 1,044,805 new cars and trucks will be sold in the U.S. for an estimated seasonally adjusted annual rate (SAAR) of 11.9 million. This reflects a 35.5% decrease in sales from March 2019 and a 23.4% decrease from February 2020.

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AUTO SALES: VW expects car market to recover in summer

  • Date: 26-03-20
  • Category: AUTO SALES
  • Source: Auto News

BERLIN -- Volkswagen expects the car market in Germany to recover in the summer after the automaker was forced to suspend output due to the coronavirus pandemic.

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AUTO SALES: China - Major cities relax license plate control to spur car sales

  • Date: 26-03-20
  • Category: AUTO SALES
  • Source: Auto News

SHANGHAI – With a big push from President Xi Jinping, large cities across China have finally started to loosen limits on new-vehicle sales.

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