Having said that, the market remains about 20% below the pre-pandemic level of 2019. But on an encouraging note, LMC Automotive has upgraded 2023 sales growth forecast for Western Europe's sedans and ...

U.S. auto sales are expected to fall more than 25% in March vs. March 2021, due to the shortage of new cars and trucks for sale, forecasters for J.D. Power and LMC Automotive said. That also ...

"We absolutely intend to utilize that resource." LMC Automotive trims 2021 ASEAN light vehicle sales projection despite strong YoY growth in April According to the latest report by LMC Automotive ...

The prediction comes courtesy of LMC Automotive and IHS Automotive, which point to the improving US economy as a bellwether for total production. LMC Automotive says North America will produce 16 ...

The company recently started selling Chevy Volts in the rapidly growing China market where only 18 were sold through June, according to LMC Automotive. Add up those numbers and we see that about ...

I cover the pervasive, yet little-understood auto industry. It’s also important to point out, sales were down sharply in May 2022. Statistically, that exaggerates the increase in May 2023.

Morocco's proximity to Europe, abundance of critical minerals and tax incentives have put it at the heart of the electric ...

Late last month, JD Power and LMC Automotive cut their projection for global light-vehicle sales by 400,000 units. "An already tight supply of vehicles and high prices across the globe will be ...

Hyundai President Chang Jaehoon emphasized the EREV’s advantages: “EREVs offer the convenience of both refueling and battery ...

Auto loan rates have risen steadily over the past several years, reducing car buyers’ purchasing power and stretching budgets. Rates remained high in the second quarter of 2024, hitting 6.84% ...

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