JP.cars on LinkedIn: #data #automotive #germany #data #automotive #duitsland (2024)

📃 News for the Netherlands 👀 More damage data on imported cars:We released new features via our automotive partners in the Dutch market!Read all the details in our latest press release (in Dutch language) 👇

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2023 yet to complete, hence no breakdown between Private and Company cars. But based on full detail in 2022, about 5,517 more cars added, they went to Company 35,109 (+1,995); Private Hire (self) 26,155 (+3,008); PHV (chauffeur) 46,477 (+1,634) = (6,637) This means, 2021 to 2022, -1,120 (added demand).But look at 2023 (Sept) Cars (Private + Company) is 573,650 as lowest since 2021 from 2022 of 580,332. The question, what is the breakdown between Private and Company? If that ratio has lower from Private, then there should be demand from Company, Private both self and chauffeur.PHV in 2023 (Sept) has increased to 78,760 from 67,990, while Cars (Private + Company) reduced from 580,332 to 573,650. There is clearly demand pressure from Company and PHV of at least 2%, if Company added up to 1%. The added question, how much up to 3% translated into COE increase?With "ultra low" COE numbers as bid quota monthly, the share of Company and PHV if increased up to 3%, yet the low numbers, as a percentage share, it should exceed 20% or 1-in-5 goes to both of them. Can this add pressure to COE premium?* I like to add this further analysis. In normal times, the ratio between Company/PHV to Personal cars is 1-in-7. With ultra-low available COE, now the data is suggesting 1-in-5.** In other words, usually 6 personal car bidders, now 4. As reduction of up to 2 or 33%. Can thus add pressure to COE premium?

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The Polish automotive market was characterised by considerable volatility in the first half of 2023. Marcin Kardas, head of valuations atAutovista Poland(part of Autovista Group), explores the trends.https://lnkd.in/ezZG7_ST#Poland #Europe #AutomotiveIndustry #UsedCars #NewCars

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Carvana's Road to Redemption: How the Online Used Car Marketplace Bounces Back and Innovates in the Automotive Industry#automotiveindustryinnovation. #Carvana #Carvanafacilitiesclosure #Carvanafinancialperformanceimprovement #Carvanalayoffs #CarvanapartnershipwithVolkswagen #Carvanastockprice #Carvanatechnologyimplementation #onlineusedcarmarketplace #redeemitselfonWallStreet #usedcarmarketrecovery

Carvana's Road to Redemption: How the Online Used Car Marketplace Bounces Back and Innovates in the Automotive Industry#automotiveindustryinnovation. #Carvana #Carvanafacilitiesclosure #Carvanafinancialperformanceimprovement #Carvanalayoffs #CarvanapartnershipwithVolkswagen #Carvanastockprice #Carvanatechnologyimplementation #onlineusedcarmarketplace #redeemitselfonWallStreet #usedcarmarketrecovery

Carvana's Road to Redemption: How the Online Used Car Marketplace Bounces Back and Innovates in the Automotive Industry#automotiveindustryinnovation. #Carvana #Carvanafacilitiesclosure #Carvanafinancialperformanceimprovement #Carvanalayoffs #CarvanapartnershipwithVolkswagen #Carvanastockprice #Carvanatechnologyimplementation #onlineusedcarmarketplace #redeemitselfonWallStreet #usedcarmarketrecovery

🚗 The November issue of Business Car is available online now 🚗 Featuring all the latest news, reviews and insights car fleet operators need, including:The big short: Is car subscription really the next big thing in funding? Jack Carfrae investigates with Duncan Chumley of Mycardirect.Fleet Profile: The Energy Saving Trust is aiming to combat air quality issues within the fleet industry. Rachel Boagey, BA, MA finds out how from head of its transport division Tim Anderson.The Business Car Files: How is Dacia shaping up in fleet after ten years in the UK market? Martyn Collins finds out from UK brand director Luke Broad Plus, reviews of cars including the BMW UK i5, Honda CR-V, and Mercedes-Benz CLA.Read all this and more in the digital edition now: https://lnkd.in/e8pFsxfD🔔 Click on our follow button to see regular car and fleet industry news and insights 🔔#BusinessCar #fleet #fleetmanagement #carleasing #carsubscription #bmw #mercedes #honda #dacia

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World's top carmakers maintain growth trajectory in Q2: EY - https://lnkd.in/dgcZuZJS, Aug. 28 (Xinhua) -- The world's 16 largest carmakers are maintaining their growth trajectory, with total sales in the second quarter (Q2) rising 18.1 percent year-on-year to a record 515.8 billion euros (557.4 billion U.S. dollars), according to consulting firm Ernst and Young (EY). Total earnings before interest and taxes increased 31.3 percent to almost 39.6 billion euros. This was "driven by the weak yen, which helped Japanese carmakers" almost double their profits, EY said in a market analysis published on Monday. Although German carmakers' profits increased by 19.1 percent in Q2, there was "more subdued profit growth," while the profits of U.S. car companies fell by 5.7 percent, according to the analysis. The world's largest car manufacturers have so far been able to "keep profitability way up," but the market is likely to "turn around before the end of the year," warned Constantin Gall, managing partner and mobility leader at EY for the Europe West region. "Because once the orders from the chip shortage period have been processed, carmakers will be confronted with the new reality: economic weakness, falling demand, price pressure, overcapacity," he added. Chinese manufacturers are "gaining more and more market share in China, especially in the electric segment," Gall said, stressing that the lower-priced offerings of Chinese electric vehicle (EV) makers are "catching on more strongly with buyers than those of established manufacturers." In the first quarter of this year, Chinese EV maker BYD overtook Germany's Volkswagen as the overall car market leader in China, with sales jumping 69 percent year-on-year. For German automakers in particular, China "remains a key market," EY noted. In Q2, more than one in three new cars sold by the three largest German carmakers (BMW, Mercedes-Benz and Volkswagen) went to China. Volkswagen Group, Germany's largest car manufacturer, is strengthening its presence in China. The company has recently announced the acquisition of a 4.99 percent stake in the Chinese EV startup XPeng, while its luxury brand Audi further expanded its cooperation with its Chinese joint venture partner SAIC. "Local partnerships are an important building block in the Volkswagen Group's 'in China for China' strategy," Ralf Brandstaetter, chairman and chief executive officer (CEO) of Volkswagen Group China, said in July. (1 euro = 1.08 U.S. dollar) Source

What will replace taxi drivers?autonomous vehiclesIn fact, it is estimated that by 2030, there will be over 10 million self-driving cars on the roads worldwide. So what does this mean for the future of transportation? Well, for starters, it is likely that traditional taxi and ride-hailing services will be replaced by autonomous vehicles. #serviceindustry #automation #riding

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We are absolutely thrilled to announce that we entered the German market! 🇩🇪. DriveX is helping Cardino to build the real deal marketplace for used EVs.With our proprietary AI-powered software, sellers can inspect their vehicles at home or at work, and create a sales ad immediately. As a result, potential buyers have the clarity to place a bid confidently."Germany has the biggest European market for used vehicles. I see Cardino as the early pioneer, shedding light on what's possible for 50,000+ dealerships. Self-service appraisals are the future of car trading. There's a gold rush coming and we are selling the shovels as an enabler", said our CEO Rauno Sigur 🇪🇪.Article in the comments! 👇"#EV #marketplace #cars #mobility

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