Following a pretty miserable year in 2020 for the new car market in Australia, 2021 has kicked off with a positive. An 11.1 per cent positive, to be exact. New vehicle registration figures, in the form of January 2021 VFACTS, show the local market is on the mend. Consumers purchased […]
Industry
BMW M posts record global sales in 2020, Australia key market
As reported last week, BMW’s global sales were down 8.4 per cent in 2020 and up 0.9 per cent in Australia. The company also confirmed that its M division had its most successful year ever, despite coronavirus, with units up 5.9 per cent on 2019. BMW M sold 144,218 vehicles […]
FCA-PSA merger complete, becomes 14-brand ‘Stellantis’ corporation
The merger between Peugeot-Citroen (Groupe PSA) and Fiat Chrysler Automobiles (FCA) has been completed, with the formal announcement of the new corporate name Stellantis now in effect. Both companies combine and now have two executive directors, John Elkann (chairman) and Carlos Tavares (CEO). A new Audit Committee, Remuneration Committee, and […]
Lotus & Alpine co-developing all-new electric sports car
Renault’s Alpine sports car brand and Lotus have signed a memorandum of understanding, which is set to spawn the joint development of a brand new fully electric sports car of the near future. Alpine and Lotus seem like a great fit. Both produce lightweight sports cars that focus on pure […]
Jaguar Land Rover global sales down 23.6% in 2020
Like many carmakers and even brands in general, Jaguar Land Rover has reported a drop in global sales for 2020 amid the coronavirus pandemic. But judging by the last quarter results, the British company is showing signs of recovery. Jaguar Land Rover sold 425,974 vehicles in in 2020, including Range […]
BMW global sales down 8.4% in 2020, up 0.9% in Australia
BMW Group has reported its global sales for 2020, and although the tally is down 8.4 per cent on 2019, the outlook looks good judging by the last quarter of the year. The group, which includes MINI and Roll-Royce brands, shifted 2,324,809 vehicles around the world in 2020. That’s down […]
Lamborghini global sales down 9.0% in 2020
Lamborghini has reported its global sales for 2020, with the figure down 9.0 per cent compared with last year. However, that’s in the face of coronavirus, which has so far infected over 2.2 million people in Italy. The supercar maker sold 7430 cars globally in 2020, down from the record […]
Porsche global sales in 2020 down 3.0%, Australia up 2.0%
Global Porsche new vehicle sales were down just 3.0 per in 2020 compared with 2019, despite a hectic year battle through the worldwide coronavirus pandemic. The storied German sportscar maker shipped 272,162 new vehicles during 2020, down from 280,800 reported in 2019. And that was a record year for the […]