Month: October 2023

The worldwide automotive business is facing change on two fronts: a shifting industry panorama of rising markets and growing environmental laws, and evolving client conduct and expectations. The economic system has been wheeling and dealing to this point in 2014, it has been driving the GDP to higher highs, which is strengthening the restoration. Whereas every month exhibits higher numbers in all sectors for consumers, the automotive industry being considered one of them, August has always historically been the month to visit a brand new car showroom.

Electric vehicles have been one of the auto trade’s hot topics for years now, however 2019 felt like the yr when the industry lastly started putting its money the place its mouth is. Quite than providing battery-electric variations of existing models, a la the Ford Focus Electric , several mainstream automakers this 12 months served up their first variations of devoted EV nameplates, …