Latest news and articles about car sales from NEX English
Toyota has reported a significant decline in sales during April 2026, with a year-on-year drop of 3.1%. This downturn is attributed to weak demand in the Middle East and China, negatively impacting the company's performance.
The European car market experienced a growth of <strong>4.2%</strong> in the first four months of 2026, with traditional European brands maintaining dominance. Meanwhile, the share of Chinese companies in the European market has doubled, reflecting a significant shift towards electric vehicles.
Data from the European Automobile Manufacturers Association reveals that electric vehicle sales in the EU saw a significant increase of <strong>37.7%</strong> in April, reaching <strong>972,000 units</strong>. This surge coincides with rising fuel prices, prompting consumers to seek more sustainable options.
The International Energy Agency predicts that electric vehicle sales will reach 30% of total global sales this year, driven by rising fuel prices and the ongoing energy crisis stemming from conflict in the Middle East.
Chinese company BYD anticipates an increase in its annual sales driven by growing domestic optimism and ambitious global expansion plans, even as the electric vehicle market faces challenges. This forecast comes amid a slowdown in demand for electric vehicles.
Car sales in China experienced a significant decline of <strong>21.5%</strong> in April 2023, attributed to a sharp drop in gasoline vehicle deliveries. Despite an increase in demand for electric vehicles, it was insufficient to offset this decline.
Cadillac has announced that its electric vehicle sales have surpassed the significant milestone of <strong>100,000</strong> units. This achievement reflects a major shift in the automotive market towards clean energy, as more drivers are opting for electric vehicles over traditional fuel-powered cars.
Jaecoo, the Chinese automotive brand, announced record electric vehicle sales in Indonesia, achieving 7,927 units sold in the first quarter of 2026. This milestone coincides with a growing interest in electric vehicles in the country.
Mercedes-Benz reported a 6% drop in sales during the first quarter of 2023, with deliveries totaling 499,700 units. This decline is primarily attributed to a sharp 27% decrease in sales in the Chinese market.
Mercedes-Benz reported a 6% decline in global sales during the first quarter of 2026, primarily due to a sharp decrease in the Chinese market. Increased competition from local brands has negatively impacted the company's performance.
Consumer spending in the United States improved significantly in February 2023, driven by better weather that boosted sales. However, this recovery may not be sufficient to indicate a broader economic improvement.
Australia experienced an unprecedented rise in electric vehicle (EV) sales in March, reaching 14.6% of total new car sales amid soaring fuel prices. This shift reflects changing consumer behavior influenced by geopolitical crises affecting fuel supply.
The Ramadan Festival in Sharjah successfully distributed two Nissan Patrol vehicles, leading to a remarkable 95% increase in car sales during the festival period. This achievement highlights the significant impact of Ramadan events on the emirate's commercial activity.
Great Wall Motor (GWM) has recorded a significant increase in its sales in Indonesia at the beginning of 2026, with sales rising by <strong>164%</strong> compared to the same period last year. This surge is attributed to the company's multi-faceted strategies to meet market demands.
Indonesian Trade Minister <strong>Budi Santoso</strong> announced a significant increase in car sales, with February 2026 sales reaching <strong>81,159</strong> units, up <strong>22.1%</strong> from January. This surge reflects the purchasing power of citizens as they prepare for Ramadan and Eid al-Fitr.
The Ministry of Interior has announced the launch of a vehicle display card service aimed at protecting citizens from online vehicle sale fraud. This service allows for the issuance of a card that verifies vehicle ownership and the seller's identity, enhancing trust among involved parties.
Honda has announced the closure of one of its dealerships in the Pondok Pinang area of Jakarta due to increasing competition in the Indonesian automotive market. This decision follows a notable decline in the brand's sales compared to previous years.
The Ministry of Interior has announced the launch of the Vehicle Display Card service, aimed at enhancing the reliability of car sales through digital platforms and protecting buyers and sellers from fraud. This initiative is part of the ministry's efforts to facilitate digital transformation and streamline processes.
Leapmotor, backed by Stellantis, announced the delivery of <strong>110,155</strong> new electric vehicles in the first quarter of 2026, marking a <strong>26%</strong> increase from last year. This achievement comes as BYD faces a decline in its sales.
Hyundai Motor Company announced record sales of electric vehicles in South Korea for March, reaching 7,809 units, reflecting a significant 38% increase compared to the same period last year.
Reports indicate that Europe continues to lead in electric vehicle sales, with 30 countries at the forefront of the shift towards clean transportation. This trend emerges as global pressures to reduce carbon emissions intensify.
Japanese automaker Infinity has unveiled its new QX65, a mid-size SUV, aimed at boosting its sales in the U.S. market following a significant decline. This move comes after a sharp drop in sales, which fell by 65.6% compared to its peak in 2017.
The surge in complaints from buyers and sellers highlights negative experiences with online car sales platforms. This trend underscores the importance of thorough research and full awareness before making sales.