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AUTO SALES: Europe’s Car Market Is Getting Even Worse

  • Date: 17-04-19
  • Category: AUTO SALES
  • Source: Bloomberg

European car sales declined for a seventh straight month in March as several countries struggled with slowing growth, adding to challenges for an industry shouldering record spending on electric and connected cars.

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AUTO SALES: Carmakers Look to Beijing to Revive China's Slumping Auto Market

  • Date: 17-04-19
  • Category: AUTO SALES
  • Source: Bloomberg

Volkswagen AG, Nissan Motor Co. and Guangzhou Automobile Group Co. are among the carmakers increasingly counting on Chinese government tax cuts to stimulate demand and help the world’s biggest auto market rebound from its worst slump in a generation. The unanswered question is when that will happen.

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AUTO SALES: Veloz: CA EV sales continue to grow

  • Date: 10-04-19
  • Category: AUTO SALES
  • Source: Green Car Congress

According to tracking by Veloz, electric car sales in California in Q1 2019 continued their upward trend, with year-over-year increases each month and a 13% increase over Q1 2018.

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AUTO SALES: China Car Slump Persists With Sales Plunging for 10th Month

  • Date: 09-04-19
  • Category: AUTO SALES
  • Source: Bloomberg

For decades, there was just one way for China’s car market: up. Once the trend abruptly reversed 10 months ago, the free fall in the world’s largest market has shown no signs of easing.

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AUTO SALES: India's $70 Billion Car Market Could Use a Jump

  • Date: 09-04-19
  • Category: AUTO SALES
  • Source: Bloomberg

Heading into an election, India’s enthusiasm for cars and motorbikes has all but evaporated. It’s unlikely to return anytime soon, despite all the grand promises to improve the lives of masses.

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AUTO SALES: Indian LV Market Makes a Sluggish Start to 2019

  • Date: 05-04-19
  • Category: AUTO SALES
  • Source: LMC Auto

Light Vehicle (LV) wholesales remained weak in February, inching up by just 1% year-on-year (YoY) to 323k units. Passenger Vehicle (PV) sales fell by 2% YoY to 257k units, while demand for Light Commercial Vehicles (LCVs) with a GVW of up to 6 tons surged by 12% YoY to 67k units. Consumers and businesses are taking a wait-and-see approach ahead of the general elections in April/May 2019. A slowing economy, a weak rupee, and tight credit conditions (even after a recent interest rate cut) are dampening sales, too.

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AUTO SALES: UK sales fall in key 'plate change' month

  • Date: 04-04-19
  • Category: AUTO SALES
  • Source: Just Auto

UK new car registrations declined by 3.4% last month - unusual as March is one of two 'plate change' months.

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AUTO SALES: Hangover From Tax ‘Euphoria’ Hits U.S. Car Buyers

  • Date: 02-04-19
  • Category: AUTO SALES
  • Source: Bloomberg

Most major automakers capped the first quarter with declining U.S. sales again in March, as the sugar high from last year’s tax cuts wore off and the economy lost steam.

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