automotive market News

March Sees a Remarkable 14.4% Surge in China's Car Sales, Led by New Energy Vehicles

China's car sales in March saw a 14.4% annual increase, with new energy vehicles making up over half of the sales. Tesla's sales dipped, while BYD reported significant growth.

March Marks a Significant Surge in China's Car Sales with NEVs Leading the Charge

China's car sales in March saw a 14.4% annual increase, with new energy vehicles accounting for over half of the sales. Tesla's sales declined, while BYD reported significant growt...

Porsche Faces 8% Sales Decline in Q1 2025, Yet Electrified Vehicles Shine

Porsche AG reports an 8% sales drop in Q1 2025, with significant declines in China and Germany but a strong performance in North America. Electrified vehicles now make up 38% of to...

China's Automotive Market Surges: A 4.5% Increase in Sales for 2024

In 2024, China's automotive market saw a 4.5% increase in vehicle sales, reaching 31.43 million units. New energy vehicles led with a 35.5% growth, highlighting the sector's rapid ...

Tata Motors' Punch Overtakes Maruti Swift as India's Best-Selling Car in 2024

Tata Motors' Punch has emerged as India's best-selling car in 2024, surpassing Maruti's Swift, highlighting a shift in consumer preference towards SUVs. The Punch's success is attr...