Russians switch to used cars as sanctions pummel auto sector
Investing on new cars and trucks in Russia plunged 52{1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} in 2022 -Autostat Applied cars and trucks accounted for almost 75{1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} of all sold in 2022 New car or truck…
New cars are for richer people: How the auto industry capitalized on pandemic
The U.S. automobile field is modifying its enterprise product to produce much less cars at greater selling prices, successfully embracing the supply chain complications that brought on inflation across the…
Hyundai aims for 10{1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} rise in global sales as it shifts to electric cars | Automotive industry
The carmaker behind Hyundai and Kia has said it aims to increase global sales by 10{1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} this year, as the company accelerates its transition to electric vehicles. Hyundai Motor Company’s…
A Real Close Look at the Fake Cars of 2022
The meteoric rise of Tesla in the 2010s—as well as the relative simplicity of electric powertrains—has inspired countless entrepreneurs to try their hand at starting trendy, forward-thinking car companies. Many…
Just like new: Demand for pre-owned cars matches first-hand auto sales
India’s youth are driving file gross sales for the car sector, not just in the new motor vehicle phase but also in the pre-owned auto section. The desire for new-age…
12 Countries That Produce the Best Cars in the World
In this piece, we will take a look at the 12 countries that produce the best cars in the world. For more countries, head on over to 5 Countries That…