Insight of the Day: Why Used Tesla Prices Are Tanking
Findings: Used electric vehicle (EV) prices, particularly Teslas, are experiencing significant depreciation, with some models dropping...
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InsightTrendsWorld
Oct 173 min read
Insight of the Day: Why EV prices have risen in Europe despite big drop in battery prices
Findings: EV prices have increased by 11% in Europe since 2020, with the average price rising from €40,000 to €45,000. Despite a global...
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InsightTrendsWorld
Oct 83 min read
Insight of the Day: Crisis looms as car buyers keep falling into the same trap
Summary of Findings: New car prices have skyrocketed since the start of the pandemic, with the average transaction price reaching...
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InsightTrendsWorld
Oct 44 min read
Insight of the Day: Why demand for diesel cars is surging ahead of electric vehicles despite all the discounts
Findings : Private demand for new diesel cars in the UK is growing faster than demand for electric vehicles (EVs). In September 2024,...
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InsightTrendsWorld
Sep 133 min read
Insight of the Day: Tracking consumer trends in the automotive industry
Vehicle Electrification : Trend : Interest in electric vehicles (EVs) is slowing due to high-interest rates, sticker prices, and...
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InsightTrendsWorld
Sep 101 min read
Insight of the Day: How can China make EVs that sell for less than $20,000?
Findings: China dominates the EV market due to competitive pricing, intense domestic competition, government subsidies, and a...
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InsightTrendsWorld
Aug 192 min read
Insight of the Day: Small cars are selling faster than SUVs and trucks. Here’s what’s driving more buyers to settle for less.
Summary: Shift towards smaller cars: High interest rates and rising new car prices are prompting some US drivers to consider downsizing...
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InsightTrendsWorld
Jul 312 min read
Insight of the Day: Small cars are back because that’s all Americans can afford
Findings: Sales of sub-size SUVs increased by 20%, compact cars by 18%, and compact SUVs by 12% in the first half of the year. Full-size...
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InsightTrendsWorld
Jul 262 min read
Insight of the Day: Automakers hit ‘significant storm,’ as buyers reject lofty prices at time of huge capital outlays
Summary of Findings: Automaker stocks are declining due to slowing sales and high prices. High inventory levels and stressed consumer...
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InsightTrendsWorld
Jul 42 min read
Insight of the Day: What is gigacasting and what does it mean for the automotive industry?
Findings: Gigacasting, a new production method using massive casting machines to create large car parts in one piece, is gaining traction...
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InsightTrendsWorld
Jun 272 min read
Insight of the Day: Average new car prices are falling and could significantly boost sales
Key Insights: Falling New Car Prices: The average new car price has dropped by 3% from June 2023 to June 2024, a shift that could lead to...
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InsightTrendsWorld
Jun 62 min read
Insight of the Day: Demand for used BEVs and hybrids is set to grow once ‘price is right’
Findings: Strong interest in used hybrids and EVs: 58% of buyers would consider a used hybrid, and 50% would consider a used EV....
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InsightTrendsWorld
Jun 62 min read
Insight of the Day: Lack of cheap used EVs slowing down Britain's move to electric cars
Findings: Limited supply of affordable used electric vehicles (EVs) under £15,000 in the UK. Increased availability of new EV models but...
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InsightTrendsWorld
Jun 41 min read
Insight of the Day: Electric Cars Are Suddenly Becoming Affordable
Findings: Electric vehicle (EV) prices are falling due to increased competition, lower raw material costs, and more efficient...
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InsightTrendsWorld
Jun 42 min read
Insight of the Day: Car Deals Vanished During the Pandemic. They’re Coming Back
Key Takeaway: The auto industry is shifting back to offering discounts and incentives as vehicle production rebounds and demand cools...
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InsightTrendsWorld
May 271 min read
Insight of the Day: 76% Of Young Americans Would Buy A Chinese EV, Despite Privacy Risks
A recent study by AutoPacific revealed that 76% of Americans under 40 would consider buying a Chinese electric vehicle (EV), despite...
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InsightTrendsWorld
May 131 min read
Insight of the Day: Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
Key Points: Affordable Chinese EV Threatens US Auto Industry: BYD's Seagull, a small, low-priced electric car, is causing concern among...
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InsightTrendsWorld
Apr 301 min read
Insight of the Day: Americans Are Open To Cheap Chinese Cars. That’s 'Scary' For The Rest Of The Auto Industry
Key Points Americans are price sensitive when it comes to EVs.expand_more A survey found 73% of potential EV buyers would purchase a...
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InsightTrendsWorld
Apr 152 min read
Insight of the Day: Making electric cars affordable: Drive TV’s interview with MG
The interview with MG Motor Australia on Drive TV highlights the approach taken by MG in designing the MG4 electric car to make electric...
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InsightTrendsWorld
Mar 201 min read
Insight of the Day: Ford delays 3-row EVs as focus shifts to smaller, affordable products, sources say
Ford is shifting its focus to smaller, more affordable electric vehicles with recent plans to introduce a 3-row EV in the near future....
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