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For the last few years, Toyota RAV4 has been the best-selling nameplate in the largest non-pickup truck segment: Compact SUV-crossover. In Q2 2021, Honda CR-V overtook Toyota RAV-4 in the U.S. market thanks to 76% year-over-year growth compared to “only” 25% for Toyota. ...
The EV era is coming, and the IEA is projecting at least 145 million in global EV stock by 2030, as strong growth continues into 2021. While there are some significant opportunities in pure-play EV manufacturers, those exhibit a much riskier profile, especially SPAC entrants. EV d...
June sales for the auto industry overall fell to 1.30 million vehicles, down 14.2% from June 2019, after a strong March, April, and May. The average transaction price and average per-unit gross profits have spiked to records in June. Ford’s total sales in June plunged 26.9%...
Global electric car sales for May 2021 were up 199% YoY reaching 6.6% share. Europe sales rose 158% YoY reaching 16% share, China sales rose 146% YoY reaching 12% share. EV market news - EVs a $7 trillion market opportunity to 2030. BNEF 2021 EV report forecasts 70% electric cars by 2...
With more than 3 million people, Puerto Rico constitutes 0.65% of the overall U.S. new car market. Sales were down 11% in 2020, compared to 14% for the U.S. overall. The dominant brand in Puerto Rico is Toyota, which was down 13% and lost 0.7% market share. The biggest market shar...
New Honda Prologue SUV Begins Next Chapter in Brand's EV Direction in North America Torrance, Calif., June 28, 2021 - (JCN Newswire) - Honda today announced that its first new volume battery-electric vehicle will be named "Prologue," signaling a new electrified era that will l...
The largest vehicle segment globally, and next after pickup trucks in the U.S., is the compact SUV, which has been led by the Toyota RAV4 in recent years. In the first quarter of 2021, Honda, Nissan, Kia+Hyundai and Ford all grew much faster than the segment’s 20% average, wher...
Honda Holds World Premiere of the All-new Civic Hatchback TOKYO, June 24, 2021 - (JCN Newswire) - Honda Motor Co., Ltd. today held the world premiere of the all-new Civic Hatchback, which is scheduled to go on sale this fall. Honda is planning to make the official announcement...
Velodyne's long-term growth potential is visible through the total volumes and revenues possible under the current 198 multi-year project pipeline. A broad range of customers, high product quality and efficient, low cost manufacturing all solidify this growth story. Competitive ri...
JAXA and Honda to Begin a Feasibility Study on a Circulative Renewable Energy System TOKYO, June 14, 2021 - (JCN Newswire) - The Japan Aerospace Exploration Agency (JAXA) and Honda R&D Co., Ltd. (Honda) today announced the plan to begin a joint feasibility study on a "circ...
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Nissan, Honda and Mitsubishi Motors sign MOU on strategic partnership TOKYO, Aug 1, 2024 - (JCN Newswire) - Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation announced today that the three companies have signed a memorandum of understanding to jointly discuss a...
Nissan and Honda agree to joint research in fundamental technologies for next-generation SDV platform TOKYO, Aug 1, 2024 - (JCN Newswire) - Japan-Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. today announced that the two companies have agreed to carry out joint research in fundam...
Honda 0 Series Concept Model, Saloon, Wins "Red Dot: Best of the Best 2024" Award in Red Dot Award: Design Concept TOKYO, July 31, 2024 - (JCN Newswire) - Honda today announced that the Saloon, the flagship concept model for the Honda 0 Series, the new Honda EV series, has been awar...