An Unbiased View of automotive industry
In July 2024, we spoke with five hundred impartial automotive fix shops about their order frequency and use of personal label manufacturers in addition to the reasons why they use non-public …Kia reveals facts of EV4, PV5 and EV2 notion at its ‘2025 EV Working day’ function The automaker is aggressively pursuing its international electrification designs, In spite of slower than expected EV adoption and uncertainties inside the U.S. sector as a result of tariffs.
An report from Automotive industry outlook for 2024 Executives are adjusting options because they deal with financial headwinds, a web of federal mandates and the fallout of your United Car Workers offer.
GM, Ford and Some others are retooling manufacturing plans amid slowing EV desire, whilst also Performing to move additional suppliers and manufacturing into the U.S. Browse the total write-up ➔ Automotive purchaser traits in 2024
Honda exec claims US tariffs could induce more than a 20B yen affect The automaker is thinking of shifting some motor vehicle manufacturing from Mexico and copyright into your U.S. to prevent expensive import obligations.
Vietnam-dependent EV startup VinFast had focused creation of its VF7 and VF8 SUVs for past July but the organization recalibrated its timeline to “handle its shorter-phrase expending a lot more correctly,” mitigating the risk of overcapacity in The present world EV marketplace.
IMR conducts syndicated and proprietary marketplace research scientific tests that focus on the automotive industry including the automotive aftermarket, major duty and fleet segments and canopy topics including:
Demographics constitute an integral facet of market research. Figuring out and prioritizing critical demographics is exactly what requires promoting research to the next degree and can allow you to improved provide your existing shopper base and optimize long term advancement.
The Savannah Procedure is now developing the all-electric powered Ioniq five electric powered SUV, with a ramp-up expected this year. Hyundai plans to phase in traditional internal combustion motor or hybrid motor vehicles – similar to the Kia Sportage – in February 2026.
Trump extends tariff pause to all USMCA items Imports from Mexico and copyright which might be compliant Together with the automotive industry trade deal will not be topic to tariffs until finally April 2.
“We could argue no matter whether that justifies the amount of expense which is heading into putting many of the charging infrastructure in position that has been taking place through the years,” mentioned Robinson.
We asked Basic Automotive Repair service Outlets what investments they had been creating inside their stores. The majority of Individuals stores are building investments of their company to enhance or keep their …
Trump suggests auto tariffs are coming April 2 The president instructed a 25% duty on People imports, fueling uncertainty for automakers now bracing for steel, aluminum and region-precise tariffs.
A vehicle not performing well, an indicator mild currently being on or the automobile basically not working had been the principal good reasons both DIYers and DIFM consumers discovered they wanted service …