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Blog - Passenger Cars

U.S. Auto Sales Surge in November with Increased Discounts
U.S. Auto Sales Surge in November with Increased Discounts
Nov 28, 2024
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Discover the 6.7% rise in U.S. auto sales this November as discounts drive the market amidst economic challenges.
Toyota's Global Production Decline for Ninth Month: October Insights
Toyota's Global Production Decline for Ninth Month: October Insights
Nov 28, 2024
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Toyota's global production fell for the ninth consecutive month in October, though less sharply at 0.8%, while sales rose by 1.4%, setting a record for October.
Nissan's Global Production Woes Persist with October Downturn
Nissan's Global Production Woes Persist with October Downturn
Nov 28, 2024
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Nissan's global production in October continues to struggle, dropping 6%, except in Mexico where production increased, highlighting strategic challenges amid tariff threats.
Volkswagen and SAIC to Divest Xinjiang Facility Amid Human Rights Scrutiny
Volkswagen and SAIC to Divest Xinjiang Facility Amid Human Rights Scrutiny
Nov 27, 2024
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Volkswagen and SAIC are selling their Xinjiang plant amid human rights concerns, furthering their joint venture to focus on China's EV market growth.
Nissan to Cut 9,000 Jobs as Profits Decline by 85%
Nissan to Cut 9,000 Jobs as Profits Decline by 85%
Nov 7, 2024
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Nissan Motor is set to cut 9,000 jobs and reduce production by 20% as it faces declining profits, particularly in China and the US markets, with a notable 85% drop in quarterly operating profit.
Toyota Experiences Significant 20% Decline in Q2 Operating Profit, Misses Estimates
Toyota Experiences Significant 20% Decline in Q2 Operating Profit, Misses Estimates
Nov 6, 2024
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Toyota's Q2 operating profit drops nearly 20%, missing estimates. The decline comes amid challenges in transitioning to electric vehicles and a notable drop in net profit.
Volvo Cars Sees 3% Increase in Global Sales for October, Driven by European Market
Volvo Cars Sees 3% Increase in Global Sales for October, Driven by European Market
Nov 4, 2024
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Volvo Cars reported a 3% rise in global sales for October, primarily fueled by a strong performance in the European market with a significant demand for electrified models.
Chinese Carmaker SAIC Challenges EU's 45% Tariffs in Court
Chinese Carmaker SAIC Challenges EU's 45% Tariffs in Court
Oct 31, 2024
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China's SAIC Motor challenges EU's 45% tariffs on its electric vehicles, sparking further trade tensions. The move follows an EU investigation into alleged unfair Chinese subsidies.
Spain's Passenger Car Export Surges to $43 Billion in 2023
Spain's Passenger Car Export Surges to $43 Billion in 2023
Jun 5, 2024
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During the review period, Passenger Car exports reached a peak of 2.5M units in 2016. From 2017 to 2023, exports remained lower. In terms of value, Passenger Car exports rose to $43B in 2023.
Import of Passenger Cars in the United States Declines Slightly to $164 Billion for 2023
Import of Passenger Cars in the United States Declines Slightly to $164 Billion for 2023
May 4, 2024
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During the review period, the import of Passenger Cars reached its peak at 8 million units in 2017. However, from 2018 to 2023, imports remained at a lower level. In terms of value, the import of Passenger Cars slightly declined to $164 billion in 2023.
Japan's Export of Cars Increases Marginally to $10.1B in November 2023
Japan's Export of Cars Increases Marginally to $10.1B in November 2023
Mar 16, 2024
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The exports of Passenger Car reached a peak of 490K units before leveling off until November 2023. In terms of value, passenger car exports totaled $10.1B in November 2023.
Spain's September 2023 Export of Passenger Cars Skyrockets by 76% to $3.8B
Spain's September 2023 Export of Passenger Cars Skyrockets by 76% to $3.8B
Feb 9, 2024
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Passenger Car exports reached a peak of 221K units in June 2023, and then remained stable until September 2023. In terms of value, the exports of Passenger Cars surged to $3.8B in September 2023.
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