EV Prices to Jump in China as Subsidies Shrink

June 18, 2019 at 7:27 AM

The price of electric vehicles in China could jump 25% or more next week when the central government cuts back on subsidies, The Nikkei says.

May Sales Unchanged in Europe

June 18, 2019 at 4:35 AM

Retail deliveries of new passenger vehicles in Europe last month totaled 1.44 million units, unchanged from May 2018, says trade group ACEA.

U.S. Car Inventories at Lowest Level This Year

June 17, 2019 at 8:11 AM

Dealer stocks of unsold new passenger vehicles in the US. have declined to 3.99 million units, their lowest level since the beginning of 2019.

SUVs Claim 42% of Sales in South Korea

June 17, 2019 at 4:55 AM

SUV/crossover vehicles captured a record 42% of South Korea’s passenger car market through the first five months of the year.

Growth in Car Sales Slows to 4% in Thailand

June 14, 2019 at 3:50 AM

Growth in new-car sales in Thailand slowed to 4% (88,100 units) in May, the Federation of Thai Industries reports.

SAIC’s Sales Plunge 16% in China

June 13, 2019 at 5:50 PM

China’s SIAC Motor Corp. reports its retail sales shrank 16% to 480,900 units last month.

BMW Group Sales Rise 3%

June 13, 2019 at 4:30 AM

Sales of BMW, Mini and Rolls-Royce vehicles climbed 3% in May to 210,600 units.

VW Brand Sales Fell 5% in May

June 13, 2019 at 4:06 AM

Volkswagen AG says its VW brand delivered 512,100 vehicles last month, down 5% from the same month in 2018.

May Car Wholesales Fell 16% in China

June 12, 2019 at 4:06 AM

Factory sales of new cars to dealers in China dropped 16% to 1.91 million units in May, according to the China Assn. of Automobile Manufacturers.

Car Sales in U.K. Dropped 5% in May

June 06, 2019 at 6:32 PM

New-car registrations in the U.K. continued to slide in May, falling 5% to 183,700 units, the Society of Motor Manufacturers and Traders reports.

May Sales Up in Germany, Down in Italy

June 06, 2019 at 11:11 AM

New-car registrations in Germany climbed 9% to 333,000 units in May, but sales in Italy dipped 1% to 197,300 units.

FCA Sales Chief Bigland Files Whistleblower Lawsuit

June 06, 2019 at 12:00 AM

The head of U.S. sales for Fiat Chrysler Automobiles NV claims in a whistleblower lawsuit that FCA docked his pay because he cooperated with a U.S.