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New UK car registrations fall -39.5% as showroom closures stifle demand
05.02.2021
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| Just 90,249 new cars registered in January – the worst start to a year since 1970 despite click and collect preventing greater fall New emissions figures show 2020 delivered the cleanest vehicles in history as average CO2 emissions fell by -11.8% on previous year, but more to do to deliver net zero more >> |
Volvo Cars’ global sales grew 30.2 per cent in January
04.02.2021
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| Starting 2021 on a strong note, Volvo Cars reported the best January in its history, as Europe, China and the US all reported increasing sales.Global sales rose by 30.2 per cent to 59,588 cars, boosted by a strong year-on-year performance in China where the co more >> |
REE Automotive to list on NASDAQ through merger with 10X Capital Venture Acquisition Corp
04.02.2021
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| REE Automotive (“REE”), a leader in e-Mobility, has entered into a merger agreement with 10X Capital Venture Acquisition Corp (NASDAQ: VCVC) (“10X SPAC”); the newly combined company will be listed on the NASDAQ under the new ticker symbol “REE”. more >> |
Daimler plans a fundamental change in its structure
04.02.2021
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| Daimler plans separation into two pure−play companies and majority listing of Daimler Truck to accelerate into zero− emissions and software−driven future Intention to split Daimler’s industrial businesses and establish more >> |
Ford Invests $1 Billion (R15.8) to Modernize, Expand South African Manufacturing for All-New Ranger; Adds 1,200 Jobs
02.02.2021
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| • New advanced technologies and systems will modernize and grow the Ford Silverton Assembly Plant to support expanded production of the all-new Ranger pickup truck, starting in 2022
• Fo more >> |
Pietro Gorlier is appointed Stellantis Chief Parts and Services Officer
01.02.2021
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| Effective February 1st 2021, Pietro GORLIER is in charge of the Stellantis Parts and Services business worldwide.Most recently, he was Chief Operating Officer, Europe, Middle East, Africa Region of former FCA Group and Global Head of Parts & Service (MOPAR) more >> |
Kia announces January global sales
01.02.2021
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| January global sales at 226,298 units, up 2.5% y/y Korea sales increased 12% to 41,481 units Sales outside of Korea climbed 0.6% to 184,817 units Kia to expand new model line-up, including its first dedicated BEV model more >> |
Welcome on board: Karin Radström takes over management of Mercedes-Benz Trucks
01.02.2021
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| Karin Rådström took up her position as Member of the Board of Management, Daimler Truck AG, responsible for Mercedes-Benz Trucks, today. Rådström most recently has been responsible for sales and marketing at Scania as a member of the Executive Board. more >> |
Lexus announces 2020 global sales results
01.02.2021
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Lexus global sales for January–December 2020 totalled 718,715 units (a 6% decrease from the previous year). While the first half of the year was affected by the spread of COVID-19 with a 16% decrease from the first half of 2019, sales from July-December increased by 2% compa more >> |
Daimler preliminary results for the financial year 2020 significantly above guidance and market expectations
29.01.2021
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| Daimler completed the financial year of 2020 in a challenging environment with a very strong fourth quarter, in particular with regard to Industrial Free Cash Flow. All divisions contributed to this success. Mercedes-Benz Cars and Vans exceeded key financial metrics of the financial year 2019. more >> |
UK car production down -29.3% as coronavirus slams brakes on sector
29.01.2021
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| UK CAR MANUFACTURING data for December and FY20 UK car manufacturing output falls -29.3% in 2020 to 920,928 units, the lowest total since 1984. Production for UK and overseas markets declines -30.4% a more >> |
British engine production falls -27.0% in 2020 as pandemic hits output
29.01.2021
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| UK ENGINE MANUFACTURING (data for December and full year 2020)
UK engine manufacturing down -27.0% in 2020 to just over 1.8 million units. Production for domestic and ove more >> |
Coronavirus pandemic sends UK commercial vehicle production down -15.5% in 2020
29.01.2021
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| UK COMMERCIAL VEHICLE MANUFACTURING (data for December and full year 2020) British commercial vehicle production falls -15.5% in 2020 to just 66,116 units, the lowest annual output since 1933.1 Output for overseas markets down -17.8%, while production for the UK drops -12.2%. more >> |
BMW AG Preliminary Automotive Free Cash Flow for the fourth quarter and the full year 2020 above market expectations
28.01.2021
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| AdHoc announcement
The BMW AG’s preliminary Automotive segment Free Cash Flow for the fourth quarter 2020 is around € 2.8 billion (Q4 2019: € 1.5 billion), leading to around € 3.4 billion (2019: € 2.6 billion) for the full year 2020 more >> |
MITSUBISHI MOTORS Announces Production, Sales and Export Figures for December 2020 and Calendar Year 2020
28.01.2021
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| December 2020 Fiscal Year 2020 (20/04-20/12) Calendar Year 2020 (20/01-20/12) Volume(unit) YoY(%) Volume(unit) YoY(%) Volume(unit) YoY(%)
more >> |
DBRS raises the ratings on Stellantis N.V.
27.01.2021
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Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that, DBRS Limited (DBRS Morningstar) has upgraded from “BBB (low)” to “BBB” the Issuer Rating and Senior Unsecured Debt rating of Stellantis N.V. more >> |
Stellantis Convenes EGM to Approve Distribution of Faurecia Shares and Cash
25.01.2021
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| Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that it has published the notice convening the Extraordinary General Meeting of Shareholders (“EGM”) in order to approve the distribution by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.A. (“Faurecia”) and up to €30 more >> |
Fiat achieves record market share for A segment in 2020
23.01.2021
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| 2020 was a record year for the 500 and Panda in Europe, achieving a market share of 17.8%, up three percentage points respectively Fiat begins 2021 with a totally refreshed line-up MY21 500 family recently announced with updates to 500 hybrid, 500X and 500L more >> |
SKODA AUTO produced more than 750,000 vehicles at its Czech plants in 2020 despite COVID-19 pandemic
22.01.2021
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| › The number of vehicles produced reflects the 39-day shutdown and measures to protect employees’ health› Czech car manufacturer utilises Industry 4.0 technologies to modernise production processes› ‘NEXT LEVEL ŠKODA’ programme for the future defines priorities for the company’s future developm more >> |
Daimler Truck AG CEO Martin Daum to lead ACEA Commercial Vehicle Board
21.01.2021
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| Daimler Truck AG CEO Martin Daum is the new Chair of the Commercial Vehicle Board of the European Automobile Manufacturers’ Association (ACEA), which brings together the CEOs of Europe’s leading manufacturers of trucks, buses and vans. more >> |
SKODA AUTO opens state-of-the-art new Central Pilot Hall at its Mlada Boleslav site
21.01.2021
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| › Ideal facility for the planning, testing and manufacture of pre-production vehicles and start of production preparation› An area of more than 12,000 m² for body shop and vehicle assembly, as well as a measuring centre and virtual reality studio› Investments made amount to approximately 20.4 million euros more >> |
Management changes at Opel/Vauxhall
20.01.2021
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| Stephen Norman appointed Senior Vice President Sales, Aftersales and Marketing of Opel/Vauxhall Paul Willcox to take over as Managing Director of Vauxhall With effect from February 1st 2021 Ste more >> |
BMW Motorrad achieves its second-best sales result in history in 2020.
20.01.2021
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| Despite the Corona pandemic-related challenges in 2020, BMW Motorrad was able to hand over 169,272 motorbikes and scooters to customers, thus achieving the second-best sales result ever (previous year: 175,162 vehicles/ -3.4%). This sales result underpins the successful growth strategy of BMW Motorrad. more >> |
New member of the Board of Management for Development at Volkswagen Passenger Cars
19.01.2021
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| Thomas Ulbrich to become member of the Board of Management with responsibility for the Development division of Volkswagen Passenger Cars Dr. Frank Welsch is taking over as Head of the new Group Quality Management and Strategy division in the Volkswagen Group Tasks of the board-level management function for electric mobility will be re-assi more >> |
BMW M GmbH still on its path of sustained growth in 2020
18.01.2021
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| - 144,218 vehicles delivered worldwide.New sales record secures BMW M GmbH’s market leadership in the performance and high-performance automobile segment.With yet another new sales record, the BMW M Gm more >> |
The new name and governance of Stellantis take effect
17.01.2021
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| Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that, following completion of the merger of Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) on January 16, 2021, today the combined company was renamed Stellantis, the Board of Directors of Stellantis was appointed, and Stellantis’s Articles of Asso more >> |
Toyota Motor Europe significantly outperforms the market in 2020
17.01.2021
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| ... gaining 0.7 percentage points to achieve a record 6.0% share TME’s vehicle sales of 993,113 (Jan-Dec 2020), down -9%, showed great resilience in a market down by -20% year-on-year The Toyota brand climbs to 3rd spot for best-selling passenger car brands in Europe S more >> |
The merger of FCA and Groupe PSA has been completed
16.01.2021
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The merger between Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) that will lead the path to the creation of Stellantis N.V. (“Stellantis”), became effective today. As pr more >> |
Domestic Sales and Exports of South Africa Ford Ranger Remain Resilient
15.01.2021
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| • The Ford Ranger once again entrenched its status as one of South Africa’s top-selling models in domestic vehicles sales during 2020• Addition of the upmarket Ranger Thunder garnered significant inte more >> |
PSA: Worldwide sales at 2.5 Million units, in a year impacted by the health crisis
15.01.2021
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| • 17 electrified models on sale• Three awards from automotive experts: Car of the Year, Autobest and IVOTY • Leadership in CO2 emissions and compliant from day one with 2020 European targets• Increase of Group’s market shares more >> |
FLA: Consumer car finance new business volumes fell by 24% in November 2020
14.01.2021
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| New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported a fall in new business volumes of 24% in November 2020 compared with the same month in 2019. In the eleven months to November 2020, new business volumes in this market were 20% lower than in the same period in 2019.The consumer new car more >> |
Ducati ends 2020 in strong recovery, crowned by the MotoGP Constructors' World Title
13.01.2021
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| • Best-ever six-month period allows Ducati to end the year with 48,042 bikes sold in over 90 countries• China, Germany and Switzerland confirm their growth trend, improving results compared to 2019• Ducati Scrambler is the best-selling family in 2020 with 9,265 units delivered more >> |
SKODA AUTO delivers over one million vehicles worldwide in 2020 despite COVID-19 pandemic
13.01.2021
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| › ŠKODA AUTO surpassed the mark of 1,000,000 vehicles delivered worldwide despite 39-day shutdown of Czech production sites and temporary collapse of sales channels in second quarter› Car manufacturer increases market share in Europe to 5.4% and confirms successful course in Russia (+6.8%)› Delivery result proves effectiveness of more >> |
Groupe Renault worldwide sales results 2020
13.01.2021
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| Groupe Renault achieves its CAFE1 objectives, the Renault brand is the electrical leader in Europe
In a context of the Covid-19 pandemic, the 2020 Groupe Renault worldwide sales totalled 2,949,849 vehicles, down 21.3% i more >> |
Electrification will boost SEAT S.A. sales in 2021 after a year marked by COVID−19
13.01.2021
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| The company’s sales fell by 25.6% in 2020, as a result of the strong impact of the pandemic on the automotive sector
CUPRA sells more than 27,000 cars and grows by 11% &nb more >> |
Automobili Lamborghini closes 2020 with 7,430 cars delivered and six new product launches
12.01.2021
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| 7,430 Lamborghinis delivered worldwide in 2020 Despite the ongoing pandemic, an all-time six-month sales record was set in the second half of the year Solid portfolio of orders coveri more >> |
BMW Group concludes year marked by corona pandemic with strong fourth quarter and leads premium segment worldwide
12.01.2021
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| ...for 17th consecutive yearBMW Group sells 2,324,809 units in 2020 (-8.4%) - BMW Q4 sales up 4.3% from previous year (600,799 vehicles) - Sales of electrified vehicles increase by a third (+31.8%) - As promised: BMW Group meets EU CO more >> |
Porsche achieves robust level of deliveries in 2020, optimistic outlook
12.01.2021
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| Sound performance, optimistic outlook
Porsche delivered a total of 272,162 new vehicles worldwide last year, just three percent below a record 2019. In this respect, the sports car manufacturer benefits from its strong global positioning. “The corona c more >> |
Tesla stock skyrocketed by over 740% in 2020, sold vearly 500K cars
12.01.2021
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| Tesla has achieved meteoric growth in market value and stock price in 2020. Over the 12-month period, its market cap increased by over $500 billion year-to-date (YTD).
As a result, it rose higher than the cumulative market cap more >> |
