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sales to hit a record 410,000-420,000 units in 2024. market in 2024, on track to smash its all-time sales record with expectations to hit over 400,000 units. 2024: A Year of Record-Breaking Sales Speaking with Auto News , CEO Masahiro Moro forecasted U.S. Mazda expects its U.S. Mazda is riding high in the U.S. Mazda CX-90
Automotive headhunter Ennis & Co Group has launched an Interim Talent service.The move is in response to a surge in demand by automotive groups for short-term placements at senior leadership level. Short term appointments help groups to move swiftly, avoiding lengthy recruitment processes and long notice periods.
Chinese brand BYD started 2025 as it had finished last year with the strongest performance of any brand, up 550% to 1,614 car sales. In second place was EV maker, Geely-owned Polestar which saw sales rise 216% to 756 units for the month. for the month to hit 1,62 sales while Genesis saw sales rise 46.8%
Private EV sales slump has meant fewer people buying home wallboxes Major charging firms face uncertainty as ZEV mandate review brings potentially bleak p One of the UKs largest charger companies is facing a fight for its future, after the slowdown in EV take up wiped more than 10 million from its market value overnight.
Porsche’s sales in China dropped 29% during the first nine months of 2024. The carmaker isn’t just consolidating its network of dealers but will also optimize its local investments, abandoning areas where it can’t achieve long-term profitability and doubling down on regions that perform well, including Shanghai and Beijing.
decline to just 206 sales compared to 738 a year ago. With the all-important March number plate change now upon us, and tax changes taking effect in April that will, perversely, dissuade EV purchases, we expect significant demand for these new products next month – but, long term, EV consumers need carrots, not ever more sticks.
When a sales lead comes to a dealership, what happens? According to the latest study from sales intelligence software provider Foureyes, almost half the time its mishandled. of sales leads were mishandled a term Foureyes used to include missed calls, leads that didnt get logged, lapsed follow-up and other issues and 14.1%
General Motors is off to a strong 2025 with sharply rising overall sales in the USA. sales are up 16.7 GMC isn’t far behind in terms of momentum, climbing 17.6 percent thanks to solid truck and SUV sales. percent so far with 25,856 sales. GM US SALES 2025 Q1 25 Q1 24 Diff. percent from last year.
3,626 sales of the ë-C3 couldn’t help Citroen, down -29.9% year-on-year in September to 139,004, keeping in mind September 2023 benefited of a sales resurgence due to the newfound availability of semi conductors. Private sales drop -9%, long term leases are off -14% and company sales sink -17%. to 1,265,905.
Hendy Group is aiming to drum up sales of double-cab pick-ups ahead of the increase in Benefit-In-Kind (BIK) charges takes effect on 6 April. Other manufacturers, including Isuzu, have moved to boost sales of the impacted vehicles ahead of the tax hike. It only applies if an employee also uses the vehicle privately, as many users do.
New car sales in March rose 12.4% business sales were flat (-(-0.3%). Sales of BEVs were also pulled forward by consumers buying in March ahead of the VED Expensive Car Supplement , which came into effect on 1 April. The post March new car sales surge 12.4%, best performance since 2019 appeared first on Motor Trader.
The Scottish Motor Trade Association (SMTA) has said sales are down 9.9% Alan Gall, SMTA chief executive, said: “On the surface, Scotlands vehicle sales for February have Scotland as an outlier compared with the rest of the UK, however it does not take too much investigation to see this is only a small part of the story.
Sales rose 43% year on year in March as buyers raced to beat the 'luxury tax' on 40k-plus cars Uptake of electric cars massively increased in the UK in March, a bumper month for new car sales but the industry has warned the growth is unsustainable without proper support for consumers to make the switch. A significant 14.5%
January saw a surge in sales of Chinese electric vehicles across Europe building market share. According to Jato while Chinese car brands combined volume in January place them in 12th position in terms of brand rankings for the month. The post January sees 52% surge in Chinese car sales across Europe appeared first on Motor Trader.
Ram’s decision last year to kill off the 1500 Classic was costly—not just in terms of fan outrage, but also in jobs. In 2024, Ram reported a 15% drop in pickup sales in the United States, and it seems they’re hoping a more affordable truck will help reverse that trend.
BMW of North America has wrapped up 2024 with strong sales momentum, reporting a record 371,346 units sold in the US market, a 2.5% In its first full year on the market, sales of the XM dropped by a staggering 14.7%, with only 1,974 units sold in 2024, even with the help of some significant discounts. sales volume.
Maserati sales halved last year, falling from 26,600 in 2023 to just 11,300. This decision couldn’t come at a worse time for Maserati, which has been struggling with dwindling sales and staggering financial losses. The company confirmed the decision will trigger the cancellation of certain projects. billion ($1.57 billion ($1.57
In today’s competitive digital advertising landscape, automotive dealerships are evaluating various platforms to maximize their sales conversions. They can leverage keywords to bid on search terms, making their ads appear on the search engine results page whenever someone searches for related car queries.
In a world where marketing strategy often prioritizes short-termsales gains, Patagonia stands out as a beacon of innovation through its unique approach to marketing. By marketing for awareness rather than sales, the company successfully builds a community of brand advocates.
Customers often associate unsolicited calls with unwanted sales pitches or scams. The Benefits of a Text-First Strategy A text-first strategy meets customers on their terms and offers a more comfortable way for them to receive information.
Rewind the clock to early 2024 and Tesla’s European arm was basking in the glory of becoming the best-selling electric brand in the region for the whole of 2023, and the first company to put an EV – the Model Y – on top of the the overall sales chart. And it’s only just started. The German brand’s ID.4
Figures seen by MG show that retail sales of electric cars were up 59% in the first two months of the year, compared with 40% for the EV market overall. The other big driver of EV fleet sales has been Motability, the charity that supplies cars to disabled people in return for their weekly mobility allowance. s Target Price.
The returning CEO will serve for two years, as Volvo looks for his long-term successor. Thus, Jim Rowan steps down, and Hakan Samuelsson returns in the top position after his previous term between 2012 and 2022. Ex-Volvo CEO Hakan Samuelsson returns in the position he held between 2012 and 2022.
According to the survey repairers expect that 48% of vehicle owners will forgo ad hoc maintenance and routine servicing to cut running costs in the short term. In the longer term, it could support customer retention and facilitate the return of quality used stock that a dealer wishes to retail due to its service and repair history.
. “The restructuring, if it materialises, would be a big step towards industry consolidation and of great importance to China’s auto industry for the longer term,” a Morgan Stanley analyst said of the potential deal. Changan CD701 Concept Momentum Behind Consolidation Last year, Changan sold 2.68
Porsche may launch a new generation of the gas Macan Electric Macan sales are off to a good start but long-term performance is uncertain Porsche sees continued high demand for gas engines in luxury segments The slowing growth in demand for electric vehicles may result in Porsche reversing its decision to offer its second-generation Macan.
Back in 2020 Ford announced that it was going to reduce its network of sales outlets in half over the next five years. Ford was a pioneer of Customer Marketing Areas in the late 1990s when it was the number one carmaker in terms of car sales. In2020 had 395 car dealers and wanted to reduce this to around 210-230 by 2024.
” A Tough Sale For some context, DS has spent the better part of 15 years struggling to make any meaningful impact in the premium market, let alone pose a threat to Germany’s establishment. .” The numbers tell the story: in 2022, DS sales fell by 22%, with just 37,480 cars sold across Europe. ”
Automated customer relationship management (CRM) systems can streamline sales processes, enhancing lead conversion rates while reducing administrative overhead. The automotive industry has traditionally been slow to adopt new technology, often citing concerns that digital solutions might erode the personal relationships that define car sales.
He declined to go into specifics in terms of any of the models planned but confirmed it was a range of cars in the luxury market at higher price points, which would make for a broader portfolio of McLaren models than exists today. Whether it's a direct or indirect relationship, technology plays a role, he said. People buy a package.
billion (1.2bn) in the Italian brand, which executives partly blamed on a slump in sales in China its second largest market, behind the US. Maseratis sales more than halved last year, falling to 11,300. The newscomes after Maserati owner Stellantis wrote off an investment of some 1.5
Fiat Panda sales crash -17.6% Local association UNRAE predicts a Full Year 2024 tally at 1,620,000 sales, up 3.4% Local association UNRAE predicts a Full Year 2024 tally at 1,620,000 sales, up 3.4% Private sales advance 14.2% to 16,764, long term leases sink -21.8% to 22,480, short term rentals drop -29.1%
The two brands are facing a loss of sales in key markets due to the rise of electric vehicles from more affordable rivals. At the end of the day, they are trying to figure out something that could marry the short-term problems of Nissan and the long-term vision of Honda.
Although Tavares officially left on what he called “amicable” terms, there’s no doubt his exit was tied to disagreements over strategy. Jeep accounts for around 15 percent of the group’s sales and Fiat and Peugeot contribute 20 percent apiece, Reuters estimates.
Mr Song further explained how the business intends to allow different marques to market their models in the same sales segment, as we’ve already seen with Volvo, Zeekr and Smart and the positioning of their related small electric SUVs – the Volvo EX30 , Zeekr X and Smart #3 , respectively.
Seagull is also known as the Dolphin Mini in some markets, but will be named the Dolphin Surf here Seagull EV will be renamed the Dolphin Surf and upgraded when it goes on sale in the UK later this year The BYD Dolphin Surf will be one of the cheapest electric cars in the UK when it goes on sale later this year.
Petrol sales drop -13% to 40,496, diesel is down -16.1% SUV sales continue to grow at +1.1% Private sales sink -12.1% Finally in terms of country of origin, Japan is down -2.8% Chinese fare Zeekr makes its first appearance in the charts at #39 with 99 sales. The year-to-date tally after 2 months is down -5.4%
Sales of ICE-powered vehicles may drop by as much as 10% in 2025. In just a few years, the world’s largest car market has flipped the script on internal combustion engines, with sales of EVs, plug-in hybrids , and hybrids chipping away at the dominance of traditional gas-powered cars. million in 2033. The winners?
These surprising sales prove dealer inventory can linger for nearly a decade before selling. It reached peak sales in 2015, moving 87,908 units—a respectable number, but not enough to secure its long-term survival. Dodge in 2024 sold two cars that haven’t been in production for several years.
The brand aims for 20,000-25,000 annual sales in Australia, hoping to capture 10% of the segment. In Australia – one of the most important markets for the truck – the brand wants to capture around 10% of local sales in this segment, equating to around 20,000 – 25,000 sales annually.
Overall car sales did rise last year but were heavily propped up by fleets sparking industry worry The number of new cars bought by UK private buyers last year was fewer than in 2020, when the country was in the midst of the Covid pandemic. Despite this, car sales still rose 2.6% However, 1.16m of these were fleet sales (up 11.8%
Private sales resist better than the market at -4% to 78,628 and 64% share vs. 59.1% Long term leases are in bad shape too at -24.9% Long term leases are in bad shape too at -24.9% Short-term rentals edge down -6.9% Finally company sales drop -10.2% Year-to-date, HEV sales are up a solid 12.9% share vs. 4.8%
Based on 2023 sales figures, the merged Honda-Nissan entity would be the world’s third largest automaker by volume. The combined sales of 7.35 Nissan, with its lack of hybrid models in North America, and more bargain-focussed position, has sales suffer and stockpiles grow. million cars last year.
Swedish firm targets significant sales growth with expanded line-up led by crucial new electric SUV The new Polestar 7 will be a Range Rover Evoque-sized premium SUVand the firms first model produced in Europe. He added that the new model will be everything our customers expect from us, both in terms of design and performance.
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