In August this year, Brazil’s automobile production stood at 259,613 vehicles, up 14.4% from the same month last year and up 5.2% from 246,721 in July, making it the highest monthly automobile production in the country since October 2019, according to data from the Brazilian Automobile Manufacturers Association (Anfavea). Anfavea announced that in August of this year, Brazilian vehicle sales (including passenger cars, light commercial vehicles, trucks and buses) increased by 14.3% year-on-year and decreased by 1.6% year-on-year to 237,382 units, including 171,021 passenger cars, 52,429 light commercial vehicles, 11,526 trucks and 2,406 buses. […]
The European Union’s plan to ban the sale of new internal combustion engine cars from 2035 should be reviewed in advance, Italian Energy Minister Gilberto Pichetto Fratin said at the TEHA business forum in Italy on Sept. 7, according to foreign media reports. Gilberto Pichetto Fratin claimed that “this ban must be changed” and said that the EU’s decision was “absurd” and influenced by “ideological visions” and the EU’s internal decision-making methods. “Gilberto Pichetto Fratin added that the EU’s plan to ban the sale of new combustion engine cars from 2035 needs to be revised to reflect the […]
BYD, a global leader in electric vehicles, recently predicted that Pakistan’s electric vehicle (EV) market share will reach 50% by 2030. This forecast highlights Pakistan’s ambition and potential in advancing green transportation. In its latest market research report, BYD noted that the rapid growth of Pakistan’s EV market will be driven by the government’s push for environmental policies and sustainable development. The report also emphasized that various incentives, including tax breaks and subsidies, will further promote the adoption of electric vehicles. Pakistan has faced severe air pollution issues in recent years, and the government has identified electric vehicles as a key solution. BYD pointed out that the country’s […]
New car sales in Japan reached 328,470 units in August, down 3.5 percent year-on-year, according to data released by the Japan Automobile Manufacturers Association (JAMA), according to foreign media reports. Japan’s auto market is struggling to recover from a safety test rigging scandal late last year, when Daihatsu was ordered to shut down production for several months. Although Daihatsu was allowed to resume full production in May, its operations have yet to fully normalize. In June, Toyota was banned from delivering three models, the Corolla Fielder, Corolla Axio and Yaris Cross, after Japan’s Ministry of Land, Infrastructure, Transport and […]
General Motors (GM) has announced that its electric commercial vehicle brand BrightDrop will be integrated under the Chevrolet brand. This strategic move aims to leverage Chevrolet’s extensive market presence to further promote BrightDrop’s electric commercial vehicles and accelerate the company’s development in the electric vehicle sector. Founded in 2021, BrightDrop is GM’s electric commercial vehicle brand focused on developing efficient and environmentally friendly electric logistics vehicles. By integrating BrightDrop under the Chevrolet brand, GM seeks to utilize Chevrolet’s global market influence and sales network to expand the reach of electric commercial vehicles. GM states that this integration will enhance BrightDrop’s brand recognition and leverage Chevrolet’s channels and resources […]
According to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), the UK’s new car market held steady in August this year, dropping only slightly by 1.3% year-on-year to 84,575 units, just 1,082 fewer than in the same month last year. In terms of power type, sales of petrol and diesel cars in the UK market fell by 10.1% and 7.3% year-on-year respectively in August this year, but these two types of cars together still accounted for 56.8% of total new car sales; registrations of plug-in hybrids fell by 12.3% year-on-year and accounted for a 6.8% share […]