Category: Auto Market

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General Motors bought some 2 million vehicles abroad this 12 months, a drastic improvement, however understand that the global auto market is heating up, with other new market entrants. The weak figures come on the heels of stories last week that US auto security regulators opened a preliminary investigation into Tesla’s Autopilot self-driving know-how after a fatal crash in Florida involving a Model S. Honda Motorcycle & Scooter India’s Activa has an almost 50% share within the country’s scooter market.

Bloomberg’s Polina Noskova checked in with one in every of these market watchers U.S. sales of automobiles and lightweight vans this 12 months will fall wanting 2015’s document in the first annual decline in seven years, LMC Automotive stated in a revised estimate that cites ‘latest plateauing’ of deliveries and ‘rising economic and political threat,’” she reported.

This would shrink the demand for vehicles, and cut back their perceived worth …

Auto Industry Marketing

The conventional automotive gross sales training can solely go to date in the case of turning a novice into an automotive sales professional. But some aspects of automobile ownership maintain less attract than they used to. Sixty % of shoppers say vehicles no longer perform as standing symbols (Exhibit 2). (The authorities’s anti-corruption campaign might have performed a component in discouraging shoppers from buying premium automobiles.) A related share of consumers, nevertheless, say their cars ought to replicate their attitudes and preferences.

Yet customers remain hesitant about adopting this new know-how and gross sales of electric vehicles, as 2013 draws to a close, remain a stubbornly tiny proportion of the market as a complete. The nature of the automotive promoting business has a approach of creating or breaking the want to be auto sales individual. Next year, it is anticipated that European and Japanese car producers shall be introducing diesel …