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Despite mixed picture by region, the global light vehicle (LV) selling rate rose to over 87 million units/year in March.
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GlobalData’s assessment of latest market trends and forecasts for light vehicle BEV and hybrid sales.
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The carmaker is seeing weaker buying sentiment because of the prolonged property slump, elevated youth unemployment and higher fuel costs tied to the Iran conflict.
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The South Korean automaker reported higher revenues, but lower wholesale deliveries.
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The Japanese automaker will continue to sell motorcycles in the country and provide aftermarket services.
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First European passenger car to enter production fitted with in-wheel motors - developed with Protean.
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The new ‘city-friendly’ compact electric model will be sold in the UK.
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The Israeli company said its InnovizTwo ultra long-range sensor is intended for physical AI systems requiring “high-fidelity, real-time understanding” across large spaces.
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