Sales
Andrew Savvas joined VW of America as head of sales and marketing in 2022 and quickly became a popular and well-regarded executive among the brand’s U.S. retailers.
Overall March sales in France were down 15 percent, tying it with the Netherlands for the worst performance during the month among countries in Europe.
CATL's upgraded Shenxing battery can now offer 323 miles of range, topping BYD's 248-mile system
Domestic consumers are buying sports cars from competitors that offer vastly more power at much lower cost. “Porsche is done” in China, a consultant said.
Edmunds’ latest analysis of new-vehicle loans should send a shiver up the spines of everyone who relies on the industry for their livelihoods.
Lithia is well positioned to weather any tariff-related impacts, CEO Bryan DeBoer said.
Buyers favored large and compact SUVs, midsize cars and vans of all sizes. The gains came at the expense of compacts and minicars.
Following new EU tariffs, sales of Chinese-built EVs rose only 29 percent in the first quarter, about the same as the overall EV market. Overall, Chinese sales were up 78 percent.
Despite a new test regime that has raised CO2 figures for plug-in hybrids, the segment roared back to life in March, reversing a long decline and nearly matching the growth rate of BEVs. Sales were led by BYD and VW Group models.
Nio said Firefly, a rival to the Smart and Mini brands, will face delays because of sales and service network challenges in the region.
