Forecasts: Latest news and analysis articles

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Enyaq and other Skoda future models

18 February 2020 | Glenn Brooks

A record sales year in Europe wasn't quite enough to push Škoda Auto towards another new worldwide record in 2019. Still, considering how the Chinese market crumbled, global deliveries of 1.24 million vehicles was by no means a poor result. With 2020 being the first full year for a new generation of the Octavia plus the arrival of various PHEVs and EVs, the brand is well placed heading into the next decade.

Chinese auto industry impacted hard by coronavirus

3 February 2020 | editorial team

China's automotive industry is expected to take a massive hit from the rapid spread of the corona virus in the last two weeks, at least in the first quarter of the year but very possibly for longer.

CES and Ghosn - the week

10 January 2020 | Graeme Roberts

You might have noticed something called CES was on in Las Vegas this week.

US light vehicle sales squeak by again in 2019

8 January 2020 | Bill Cawthon

With the release of Ford's Q4 2019 numbers on Monday (6 January), automakers were able to breathe a sigh of relief: total US light vehicle sales marked a fifth consecutive year above the 17m mark.

Latest interviews

GENEVA INTERVIEW - Nissan Europe SVP of sales and marketing Ken Ramirez

12 March 2018 | Mike Vousden

Ken Ramirez is Nissan Europe's recently appointed senior vice president sales and marketing. We caught up with him at the 2018 Geneva show to talk about the cars on display and the brand's plans for an electrified future.

GENEVA INTERVIEW - Kia Motors Europe's Michael Cole

6 March 2018 | Chris Wright

Kia Motors Europe is cautiously optimistic that it can break through the 500,000 sales barrier this year with numbers already running 6% ahead of last year which ended with 472,000 sales.

Latest news

Porsche H1 sales and profit down

31 July 2020 | Graeme Roberts

Porsche achieved a first half return on sales of 9.9%.

Low stock, economic uncertainty, hold back July US sales - Cox

29 July 2020 | Graeme Roberts

The US light vehicle market is expected to show modest month over month improvement in July but the growing number of COVID-19 cases and overall economic uncertainty continue to stifle a more robust recovery.

Profit sets Tesla fair for S&P 500 entry

23 July 2020 | Graeme Roberts

Tesla last night (22 July) announced a second quarter profit as cost cuts and strong sales helped offset coronavirus-related factory shutdowns, sending its stock up 4.4% in after hours trading and clearing a hurdle which could lead to the electric carmaker's inclusion in the S&P 500 index.

Audi chief sees pre-COVID-19 sales only by 2022/23

23 July 2020 | Graeme Roberts

Volkswagen Group luxury car unit Audi expects car sales to reach pre-COVID-19 levels only by 2022 or 2023, chief executive Markus Duesmann told a German business newspaper.

Toyota trims planned August output

21 July 2020 | Graeme Roberts

Toyota Motor reportedly will make 2% fewer vehicles globally in August than originally planned as output recovers gradually from a steep drop because of the coronavirus pandemic.

Automakers hoping for H2 recovery at Bangkok motor show

16 July 2020 | editorial team

The 41st Bangkok International Motor Show got under way this week at the Impact Muang Thong Thani exhibition centre in Thailand's capital city, with local vehicle manufacturers looking to put behind them a dismal first half of the year.

Brazilian June production plunges 58%

14 July 2020 | Fernando Calmon

June 2020 output in Brazil of 98,700 units exceeded May's tally by 129.1% but nonetheless was down 57.7% year on year.

Toyota Japan production recovery rate improving in July

22 June 2020 | Graeme Roberts

Toyota Motor said on Monday (22 June) domestic production volume in July was expected to recover to about a 10% drop against an initial plan reflecting the resumption of economic activities in Japan following the end of the national state of emergency over COVID-19.

Toyota to avoid losses in fiscal 2020/21

12 June 2020 | editorial team

Toyota Motor announced at its annual general meeting (AGM) it expected to remain profitable in the current fiscal year ending 31 March 2021, thanks to years of cost cutting and efficiency drive.

Spanish suppliers forecast 20%-30% 2020 turnover drop

10 June 2020 | Simon Warburton

Spanish automotive suppliers are forecasting a 20%-30% drop in turnover in 2020, while employment in the sector is expected to fall between 6% and 10%.

Brose 2020 results to take a COVID-19 hit

10 June 2020 | Graeme Roberts

Following what the supplier described as "a mediocre fiscal year 2019", the COVID-19 crisis has led to a "significant decline in turnover and earnings" at Brose.

Indonesia slashes forecasts as sales plunge 90% in April

19 May 2020 | editorial team

New vehicle sales in Indonesia were forecast to fall by 40% to around 600,000 units in 2020, from just over 1m units in 2019, as the global COVID-19 pandemic continued to ravage the economy.

Philippine sales to fall 20-40% in 2020 as lockdown is eased

14 May 2020 | editorial team

The Philippine vehicle market, including domestic sales and imports, is expected to decline by around 20% to around 330,000 units in 2020 from around 416,000 in 2019, according to the latest forecast released by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI).

US forecaster expects 'historic low' April

28 April 2020 | Graeme Roberts

Historic lows are expected in April as the full effects of COVID-19 are felt across the US new passenger vehicle market for the entire month, a forecaster predicted.

Indonesian vehicle production forecast to fall by 50% in 2020

8 April 2020 | editorial team

Indonesian vehicle production is expected to fall by 50% in 2020 as economic activity in the country and in key export markets declines sharply due to the COVID19 coronavirus pandemic.

Nio expects positive gross margin in Q2 as operations normalise

25 March 2020 | editorial team

Chinese electric vehicle startup Nio said it expected to make a positive gross profit margin in the second quarter of 2020 despite the market turmoil caused by the COVID19 coronavirus.

US 2020 new vehicle sales forecast scenarios on latest virus impact

23 March 2020 | Graeme Roberts

ALG, a subsidiary of TrueCar, has made an updated 2020 new vehicle sales forecast to account for the quickly evolving coronavirus (COVID-19) pandemic and the latest economic outlook.

Moody's says coronavirus set to negatively impact North American firms as effects widen in downside scenario

17 March 2020 | Graeme Roberts

The spread of the coronavirus will negatively impact around 16% of North American companies under its baseline economic scenario, but under its downside scenario, that figure will jump to about 45%, Moody's Investors Service says in a report published today.

Kia sets targets for new generation Sorento SUV

17 March 2020 | editorial team

Kia Motors has set a sales target of 70,000 units for its redesigned Sorento SUV in its domestic market this year, up from 52,000 units in 2019.

Moody's downgrades Continental

16 March 2020 | Graeme Roberts

Moody's Investors Service has downgraded the issuer rating of auto industry supplier Continental AG to Baa2 from Baa1.

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