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Browsing: automotive industry
Comprehensive analysis of Australia’s luxury car market growth, trends, and forecast
Super luxury car brands like Rolls-Royce and Ferrari are notably absent from this year’s Shanghai auto show, marking a significant shift in global market dynamics as the focus turns to electric cars and more budget-friendly vehicles.
The U.S. is considering a ban on connected-car technology from Chinese companies, affecting even vehicles manufactured outside China.
Thailand’s ultra-luxury car segment is expected to decline this year due to economic slowdown and US tariffs on foreign-made vehicles, affecting brands like Land Rover and Jaguar
Stellantis reduces production at Warren Truck plant while preparing to launch a new pickup plant in Mexico. The move comes as the automotive industry faces various challenges, including tariff issues affecting Porsche shipments.
The 1963 ‘chicken tax’ continues to impact the US automotive market, limiting foreign pickup truck sales and influencing consumer choices. Experts warn that Trump’s trade policies may have similar long-lasting effects.
Nissan is prioritizing electric SUVs over sedans like the Maxima EV to compete with Chinese EV makers and capitalize on the popularity of SUVs in the electric vehicle market
Recent data reveals New Jersey leads the nation in luxury vehicle ownership, surpassing national averages by over 50%.
Mercedes-Benz Group AG announced it will discontinue its Citan and T-Class models to focus on midsize and large vans, ending its engagement in the small van segment next year.
Chinese EV giant BYD enters the premium SUV market with its new Denza N9 model, competing with German brands like Audi and Mercedes-Benz