The China Passenger Car Association (CPCA) said in a report on Monday that passenger vehicle sales in February amounted to 1.41 million units, jumping by 26.1% on an annual basis. 49.5% of all cars sold were new energy vehicles (NEVs).NEV sales skyrocketed by 79.7% year-over-year to reach...
Target Corp. revealed on Tuesday its strategic plan to increase its global sales by more than $15 billion across its multi-channel business by 2030.The company explained that it intends to achieve its plans by offering consumers an affordable, trend-driven assortment and enhancing physical, digital,...
Tesla's sales of China-made electric vehicles dropped 49.2% in February compared to the same month last year, according to data from the China Passenger Car Association (CPCA).The company sold 30,688 Model 3 and Model Y vehicles, marking a 51.5% decline from January.The sharp drop...
Car sales in China dropped 12% year over year in January, totaling 1.81 million units, the China Passenger Cas Association (CPCA) reported on Tuesday.Despite the overall drop, sales of electric vehicles and plug-in hybrids grew 10.5%, now accounting for 41.2% of total sales."The run-up to the...
Stellantis NV reported on Thursday a global shipment total of 1.395 million units in the fourth quarter of 2024, marking a 9% year-over-year decline but showing improvement from a 20% drop in Q3.The company attributed the rebound to completed inventory reduction efforts in the US and new...
Renault Group reported 2,264,815 vehicle sales worldwide in 2024, a 1.3% increase over 2023, the company said in a report on Thursday.European sales rose 3.5%, driven by strong demand for the Renault Sandero and a surge in electrified models. In Brazil, sales climbed 10.3%, while South Korea...
Daimler Truck AG reported on Tuesday a 12% decline in group sales for 2024, with 460,409 trucks and buses sold compared to 526,053 units in 2023. Despite the drop, the company saw a 17% increase in battery-electric vehicle sales, reaching 4,035 units from 3,443 in the previous year.Trucks Asia's...
The Volkswagen Group announced on Tuesday that its global sales slid by 2.3% in 2024 to stand at 9.03 million units, with the sharpest declines seen in the Chinese market and the rest of the Asia-Pacific region, down 9.5% and 17.5%, respectively. The automaker stated that it delivered 744,800 electric...
UK new car registrations grew by 2.6% year-on-year in 2024, reaching 1.95 million units, the Society of Motor Manufacturers and Traders (SMMT) reported on Monday.
While the figures mark a recovery for the auto sector, they fell short of the government's electric vehicle (EV) sales target of...
Toyota Motor North America (TMNA) reported on Friday a 3.7% rise in US sales for 2024, totaling 2,332,623 vehicles. While Q4 and December saw slight declines, Toyota remained the top US retail brand for the 13th consecutive year.Electrified vehicle (EV) sales grew by a record-breaking 53%,...
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