2020 Auto News Auto Sales Indian automobiles

Is Automobile Industry Back On Track After A Bumpy Ride?

Demand recovery for the automobile sector post lifting of lockdown has been stronger than anticipated. Brokerage firms are bullish, but they advise investors to remain cognizant of retail auto sale risks. Motilal Oswal Financial Services predicts that the second quarter (Q2) of FY 2021 could potentially mark the beginning of a margin recovery phase after […]

2020 Auto News Auto Sales China car company

Why the world’s car industry is pinning its hopes on a recovery in China

Sales of passenger cars in China, which has been the world’s biggest car market since 2009, have increased for 2 months while Europe’s market slumped 18% in August. Bloomberg: For two years, falling sales seemed to spell the end for China’s time as the world’s most vital car market. Then came the coronavirus, followed by a swift […]

2020 Auto News Auto Sales USA automobiles

5 reasons COVID-19 pandemic gives the edge to cars, SUVs, pickups

Not long ago, in the pre-pandemic age, carmakers braced for the possibility that Americans would eventually stop buying vehicles, choosing instead to rely upon ride-hailing, especially once self-driving car technology becomes widely available. But COVID-19 has upended those expectations, swinging the pendulum back in the direction of personal car ownership as Americans say they’re increasingly likely […]

2020 Auto News Auto Sales Bentley

First Bentley Pikes Peak Continental GT Built, Ready For Delivery

Powered by the turbo Bentley W12 engine found in the record-breaking car, the Pikes Peak Continental GT will be delivered starting September 2020. Less than a week before the 2020 Pikes Peak International Hill Climb, a Continental GT wrapped in greenish finish rolled off the production line at Bentley’s factory in Crewe, England. But this isn’t just […]