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Showing posts with the label #sales

Nissan's Digital Car Sales Platform

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 Sales Innovation in Face of Pandemic                                                       Source:  Nissan "Complete, End to End Digital Journey" to the Purchase COVID-19 has radically changed the world and global commerce.  Here's a new example.  Because of the pandemic, global auto customers are shying away from car showrooms.  Nissan is on to a new digital approach.  What the company is calling "a complete, end to end digital journey" to  buying your next Nissan car. Nissan COO Ashwari Gupta's Digital System The Chief Operating Officer of Nissan Ashwari Gupta was tasked by a senior Nissan Board member to determine how to sell cars to customers in a COVID weary world.  Gupta came up with a digital journey.  The journey starts with the customer researching cars on line. Car models co...

China Accelerates on New Energy Vehicles

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20% New Energy Vehicles by 2025 Source:   China EV Charging Station Electric, Hybrids, Hydrogen New Vehicles To Hit Sales Records China is on a roll with new energy vehicles (NEV).  By 2025, 20% of new cars sold in China will be battery electric, plug-in hybrids and hydrogen fuel cell powered.  China is the world's largest automotive market.  New energy cars now represent 5% of new car sales in China.  The forecast that brings that number to 20% by 2025 comes from China's State Council. What is Driving the Growth in China? According to the China State Council, new car sales in new energy vehicles are rising because the industry has improved its competitiveness and the technology is greatly improving.  The Chinese Society of Automotive Engineers says new energy vehicles will comprise 50% of the China market by 2035.  They add that by far the biggest component - 95% - of NEVs will be battery electric vehicles in 2035. Ramping Up Production Companies...

Tesla & CEO Elon Musk Going Strong

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Hitting Financial and Sales Targets                                                  Source:  Tesla Rolling Out Full Self-Driving Software With Caution Tesla, the world's largest electric vehicle automaker, and CEO/founder Elon Musk are on a roll.  The company just recorded its 5th quarterly profit and it sold and delivered 139,300 vehicles in Q3 2020.  That puts it on target for selling 500,000 vehicles for the year 2020.  That is a milestone that CEO Musk has been pushing hard to achieve.  Meanwhile, Musk has just started a high stakes rollout of his Full Self-Driving (FSD) software for autonomous driving Teslas. FSD's High Stakes Beta Testing Musk has started limited beta testing of his software architecture re-write of FSD with a small group of selected Tesla customers. This new version of FSD provides more advanced...

EVs To Triple Market Share in Europe

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2020 To Be Record Year For EVs in Europe                                                  Source:  Audi New Analysis In the first half of 2020, electric vehicles comprised 8% of car sales in Europe.  According to a new analysis by NGO Transport and Environment, EV's are on track to triple their market share for all of 2020 in Europe.  This is very significant growth despite the COVID pandemic clobbering overall vehicle sales.  The actual number of EV's sold in Europe is expected to double to 1 million for the year 2020. European Regulations and Incentives In the broader picture, several factors are helping to increase electric vehicle sales.  The European Union is tightening car emission standards and will continue to ratchet-up standards to reach its 2030 EU climate goals on carbon emissions.  Plus, Germany and Fr...

Electric Vehicle Sales Growing in US

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US EV Market On the Rise Source:  Tesla Model 3 EV's in US Beating Out Another Auto Category The sale of electric vehicles in the US is at a very early stage, representing 1.6% of the 17 million "light" vehicles sold in 2019.  But, for the first time, EV's are outperforming a segment of the automotive market.  Specifically, EV's are outpacing vehicles with standard shifts which represent 1.1% of automotive sales. Sales of standard shift models have dropped .5% in the past year.  By contract, sales of the world's most popular EV, the Tesla Model 3, are up 1% in the US in 2019. It's the beginning of a shift by Americans to zero emission, green, electric vehicles to save the environment from carbon emissions. Tesla's Roadster Electric Sportscar In Q1 2020, the electric car segment in the US is composed of 16 models.  That is scheduled to significantly grow  this year.  And, EV's are expected to outperform another category in 20...

Germany Leads Europe in EV Sales

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Top Electric Car Seller Renault Zoe Source:  Renault  Electric Vehicles Going Mainstream in Germany Germany is Europe's biggest auto market.  Since the beginning of 2019, it's been pulling ahead of Norway as the biggest market for electric vehicles.  Now for the first time, Germany is poised to end 2019 as the regional leader in electric car sales on an annual basis. In 2019 through November, 57,533 new electric cars were sold in Germany.  By contrast, 56,893 electric cars were sold in Norway.  Since 2010, Norway has led Europe in the sales of electric cars. European EV Incentive Push Across Europe, governments are rolling out incentives to sell electric vehicles and push for green energy, cutting carbon dioxide emissions.  In Germany, Daimler, BMW, VW are launching a major EV push with new models in 2020 and through the decade. In Germany alone, 150 new electric cars will be available by 2023.  German automakers will have invested app...

Geneva Show - Automotive Future

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Geneva International Motor Show Peugeot's new, electric Citycar 208 Going Green and Electric It's a glimpse into the automotive future.  And a big part of the future is electric and hybrid. Automakers are rolling out new electric and hybrid vehicles at the big, Geneva International Motor Show in Switzerland.  It opens March 7 and runs through March 17. New EU Emissions Standards The automakers are preparing for tough, new emissions standards in the European Union starting in 2021 and intensifying after that.  Electric and hybrid vehicles are a solution.  A number of electric cars will be debuting in Geneva including: Peugeot's new Citycar 208 Honda's compact prototype Volvo's Polstar 2 with a 275 mile range Audi's A6, A7, A8 and Q5 hybrids that combine battery with combustion engine Mercedes' EQV battery powered van SUV's The automakers will also showcase their traditional SUV's and compact.  There is a lot at stake for them.  ...