Rebound in auto market – Egypt – Al-Ahram Weekly
The Egyptian auto industry witnessed a 5-10 per cent rise in the price of new passenger cars in the beginning of the fourth quarter of the year after seeing a noticeable recovery in sales during the third quarter of…
Supplier MTA, hit early by COVID, sees fast rebound
The immediate impact of COVID-19 has been quickly left behind, said MTA, but questions about its customers’ supply chain linger. MTA’s Codogno plant produces electrical components such as fuse boxes and power distribution units. Another plant in Rolo, Italy, specializes…
Comscore Finds Indications of Automotive Industry Rebound as Shoppers Adapt During the COVID-19 Pandemic
RESTON, Va., Oct. 13, 2020 /PRNewswire/ — In response to the COVID-19 pandemic, consumer vehicle shopping habits have shifted. While online new vehicle shopper interest has rebounded from its lowest point during the pandemic, new vehicle sales have been slower to…
Renault, Skoda benefit from quick market rebound in India
India, the world’s fifth-largest automotive market, was perhaps the hardest hit by coronavirus restrictions. There were zero new cars sold in April, compared with 245,000 in the same month in 2019, with dealerships closed by government order. One news site called…
Signs of a rebound as volume tumbles
Despite another quarter of year-over-year sales declines, Nissan is seeing signs of a U.S. rebound as the economy slowly recovers from the pandemic. Nissan Motor Co. sales tumbled 32 percent during the third quarter. The Nissan division sold 203,783 vehicles…
Signs of a rebound as Q3 volume tumbles
Despite another quarter of year-over-year sales declines, Nissan is seeing signs of a U.S. rebound as the economy slowly recovers from the pandemic. Nissan Motor Co. sales tumbled 32 percent during the third quarter. The Nissan division sold 203,783 vehicles…
Signs of a rebound as Q3 volume tumbles 32%
Despite another quarter of year-over-year sales declines, Nissan is seeing signs of a U.S. rebound as the economy slowly recovers from the pandemic. Nissan Motor Co. sales tumbled 32 percent during the third quarter. The Nissan division sold 203,783 vehicles…
Tight inventories set the stage for U.S. auto industry rebound
By Rachit Vats © Reuters/Kamil Krzaczynski FILE PHOTO: 2020 Ford Explorer cars are seen at Ford’s Chicago Assembly Plant U.S. automakers are facing a problem most forecasters and industry executives did not expect when the pandemic slammed the economy this…
Automakers need solid EV marketing strategies for COVID-19 rebound
From economic stresses to increased work-from-home numbers, byproducts of the COVID-19 pandemic are giving pause to car shoppers who might otherwise consider an electric vehicle to replace their internal-combustion-engine model. But this is just a short-lived bump in the road…
At the Beijing show, sales rebound and EV boom mix with murky outlook
“We were heavily affected during quarter one of course, and massively in China,” with a 30 percent on-year sales drop, Goller told reporters. But the second quarter saw a 17 percent rebound and this quarter “is running really well.” “You…
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