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EUROPEAN CAR SALES APRIL 2023
UK electric car market share hits 30% in June: industry dataIn a significant surge, British new car registrations climbed 15% in June. Battery electric vehicles are making strong inroads, capturing a...- Russian fuel crisis prompts rush for Chinese electric carsRussian drivers are flocking to Chinese electric vehicles amid severe fuel shortages caused by escalating Ukrainian strikes on energy infra...
- Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 salesTesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attr...
- Extreme heat could change the mix for European drinks makersEurope's scorching heatwaves are challenging the notion that hot weather always boosts alcohol sales. Research indicates that extreme tempe...
- Tesla stock price: Why are Tesla shares down even though Elon Musk-owned EV giant posts record second-quarter sales deliveries?Tesla stock fell sharply in midday trading Thursday, down more than 7 per cent, in an odd development.
- Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...
- Electric vehicle sales gain speed as costlier fuel and better infrastructure drive adoptionElectric vehicle sales are accelerating, with e-cars more than doubling registrations in June and the June quarter seeing an 89% surge. Thi...
- Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...
- Renault India total sales rise 55 pc to 4,063 units in JuneThe sales for the January-June period of CY2026 were also up 61 per cent at 25,844 units over H1CY2025, extending the company's run of doub...
- Honda Cars India sales jump 71% to 8,788 units in JuneHonda Cars India witnessed a significant 71% surge in total sales for June, reaching 8,788 units compared to the previous year. This impres...
- US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...
- Kia India sales up 19% at 24,552 units in JuneKia India has achieved its highest-ever June sales, reporting a 19% wholesale growth to 24,552 units. The first half of 2026 also marked a ...
- Volkswagen cuts are 'wake-up call' for European industry, BYD advisor saysVolkswagen's aggressive cost-cutting measures are a stark warning to Europe's auto sector, according to BYD's European advisor. Alfredo Alt...
- KKR in talks with JSW to drive in MG Motors JV with $400 mn investmentA combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led grou...
- E25 petrol blend's test drive begins; study report expected by end of next yearIndia is embarking on testing E25 petrol, which contains 25% ethanol, to evaluate its capabilities in vehicles. This initiative seeks to bo...
- Carmakers pare discounts as GST cut revives small-car demandCar manufacturers are scaling back discounts on budget-friendly hatchbacks and entry-level models, indicating a robust recovery in mass-mar...
- Used-car market enters new era: Why more Indians are choosing used cars despite rising incomesIndia's used car market is booming, projected to hit $70 billion by FY31 as buyers increasingly choose pre-owned vehicles for value and sma...
- After 5-year hot run, luxe car sales may slow downIndia's luxury car market is experiencing its first slowdown in over five years, with sales stalling in early 2026. Heightened global uncer...
- In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
- Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
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