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2021-06-02

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¡¡¡¡MONACO GRAND PRIX 2021 photos part 2 copyright diff.teams & photographers on AutoMobilSport.com

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¡¡¡¡MONACO GRAND PRIX 2021 photos impressions part 1 copyright diff.teams & photographers on AutoMobilSport.com

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¡¡¡¡FORMULA E – MONACO ePrix 2021 photos copyright FORMULA E photographers on AutoMobilSport.com

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¡¡¡¡SPANISH GRAND PRIX 2021 Barcelona photos copyright by diff.teams & photographers on AutoMobilSport.com

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¡¡¡¡Used car market to recover faster than new sales post COVID-19 second wave unlock in India, says GlobalData

¡¡¡¡25.05.2021: Following the news that Maruti Suzuki India registered a drop in sales of pre-owned cars by around 36% last fiscal year and that other OEMs also witnessed decline in used car business;

¡¡¡¡Bakar Sadik Agwan, Senior Automotive Consulting Analyst at Glob

¡¡¡¡Following the news that Maruti Suzuki India registered a drop in sales of pre-owned cars by around 36% last fiscal year and that other OEMs also witnessed decline in used car business;

¡¡¡¡

¡¡¡¡Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view:

¡¡¡¡¡°The annual volume range of used cars is 1.5-2X higher than that of new vehicle sales in India. However, used car sales have been reeling under the second wave of the COVID-19 pandemic, after a significant negative impact during the first wave.

¡¡¡¡As per the news reports, of the 570 Maruti Suzuki¡¯s True Value outlets about 416 have witnessed slump in their used car business. Maruti Suzuki saw a decline of 36% in the used car business last financial year.

¡¡¡¡¡°OEMs such as Maruti Suzuki and Toyota and Mahindra & Mahindra are optimistic about the long-term growth of used car business despite the recent decline, both in organized and unorganized sector.

¡¡¡¡OEMs expectation stands valid given the present market dynamics in India as there has been a significant shift towards personal mobility with the advent of COVID-19. Furthermore, the weak economic growth and resultant sluggish consumer spending tends to make used cars a more affordable option for price conscious customers.

¡¡¡¡¡°Used car market in India has witnessed significant positive development in the recent past. With the existing untapped opportunities there has been an increased development to make market more organised.

¡¡¡¡OEMs such as Skoda launched their pre-owned program and online marketplace OLX launched franchisee-led pre-owned car retail stores in various tier 1 and tier 2 cities. Post the second wave unlock and favorable market dynamics, the used car market is anticipated to recover faster compared to the new sales in near to mid-term.¡±

¡¡¡¡GlobalData

¡¡¡¡Permanent-URL: http://www.automobilsport.com/used-car-market-recover-faster-new-sales-post-covid19-india-globaldata—224004.html

¡¡¡¡25.05.2021 / MaP

¡¡¡¡Alpine A110’s biggest fan

¡¡¡¡25.05.2021

¡¡¡¡Aerodynamics engineering is fundamental to the development of a high-performance sports car like the Alpine A110. The benchmark for this discipline is found in Formula 1, where wind tunnel testing has reached the highest levels of technical complexity. P more >>

¡¡¡¡The Audi e-tron S line black edition

¡¡¡¡25.05.2021

¡¡¡¡Progressive and sporty into the new model year

¡¡¡¡Wheels, Singleframe and side mirrors in black Sustainable microfiber material in the interior, stitching and seatbelts in orange &nbs more >>

¡¡¡¡Hagerty partners with legendary Ace Cafe, London

¡¡¡¡25.05.2021

¡¡¡¡Hagerty partners with renowned Ace Cafe, London as its exclusive insurance partner Historic biker cafe opened over 80 years ago, closing in 1969 for almost 30 years, before being reopened in 1997

¡¡¡¡&nbs more >>

¡¡¡¡Genesis GV80 joins Dubai Police fleet of luxury patrols

¡¡¡¡24.05.2021

¡¡¡¡The Dubai Police General Command has added to its fleet of luxury patrol cars, the first SUV from Genesis brand, GV80 2021, from the exclusive distributor of Genesis in the UAE Juma Al Majid Est.Brigadier Dr Mohammad Al Razooqi, Director of Transport more >>

¡¡¡¡Inside the new World of Luxury – Rolls-Royce presents first film of new showroom visual identity

¡¡¡¡24.05.2021

¡¡¡¡Rolls-Royce has debuted a film showcasing its new and highly contemporary visual identity. This bespoke showroom aesthetic was launched at the marque¡¯s flagship, Rolls-Royce Motor Cars London, then Rolls-Royce Motor Cars Shanghai Puxi before a global rollout across the brand¡¯s network of 131 showrooms in 40 countries worldwide. more >>

¡¡¡¡Goodyear underscores commitment to corporate responsibility in 2020 report

¡¡¡¡24.05.2021

¡¡¡¡The Goodyear Tire & Rubber Company today released its annual report on corporate responsibility performance. Despite the challenges from the ongoing COVID-19 pandemic, the report summarizes the Company¡¯s actions in 2020 that demonstrate its continued commitment to ethical and sustainable processes, materials and programs. more >>

¡¡¡¡SKODA AUTO is fully committed to diversity and inclusion

¡¡¡¡24.05.2021

¡¡¡¡¨C both in everyday life and in the workplace

¡¡¡¡? Diversity and different cultural backgrounds are a source of inspiration, creativity and strength? The Czech car manufacturer supports diversity and inclusion in all areas of its business? ?KODA AUTO is a member of the Pride B more >>

¡¡¡¡ALPINE A110 X Felipe Pantone

¡¡¡¡22.05.2021

¡¡¡¡? The Argentinian artist designs unique works of art with the Alpine A110;? An exceptional paint job on the body, in the purest Felipe Pantone spirit;? Only three out of four copies manufactured will be available for sale. It more >>

¡¡¡¡Building a regional leader in sustainable mobility Appointment of the Stellantis Executive Team in Middle East and Africa

¡¡¡¡22.05.2021

¡¡¡¡Stellantis Middle East and Africa is establishing its new organization with the appointment of the new Regional Executive Team. A diverse leadership team engaged to position Stellantis as a great place to work and a first port of call in Middle East and Africa.

¡¡¡¡more >>

¡¡¡¡Nico Rosberg is new Continental Brand Ambassador

¡¡¡¡22.05.2021

¡¡¡¡? The Formula 1 World Champion signs up as Brand Ambassador for Continental? Tire manufacturer committed to safety, top performance and sustainability? Continental and Nico Rosberg support Extreme E race series more >>

¡¡¡¡Limited-edition Ford Mustang Mach 1 Set to Blast into South Africa

¡¡¡¡22.05.2021

¡¡¡¡? Exclusive status and proud heritage of Mustang Mach 1 brought to life with new limited-edition model ¨C only 90 units allocated for South Africa? Specially calibrated 5.0-litre V8 engine develops 338kW of power and 529Nm of torque, available with six-speed manual transmission from the Shelby GT350, or 10-speed more >>

¡¡¡¡SK Innovation to support Ford electrification goals with BlueOvalSK joint venture, says GlobalData

¡¡¡¡21.05.2021

¡¡¡¡Following the news that South Korean battery maker SK Innovation and Ford Motor have signed a MoU to form EV battery joint venture BlueOvalSK to manufacture battery cells and arrays in the US;Bakar Sadik Agwan, Senior Automotive Consulting Analyst at more >>

¡¡¡¡CUPRA teams up with Valentino Rossi’s VR46 Riders Academy

¡¡¡¡21.05.2021

¡¡¡¡The two brands bring together their competitive spirit and the passion for motorsport for the next three years CUPRA strengthens its commitment to the new generation of young talents The Academy¡¯s riders sit behind the wheel of the CUPRA Formentor more >>

¡¡¡¡Highly Anticipated 2021 Acura TLX Type S To Arrive at Dealerships Mid-June

¡¡¡¡21.05.2021

¡¡¡¡Acura¡¯s best-performing sedan yet goes on sale June 23 with a starting price of $52,3001

¡¡¡¡Pre-sale activities begin today with Type S microsite launch, Build & Price and dealer reserv more >>

¡¡¡¡CUPRA Born launch marks the start of a new era for the brand – livestream

¡¡¡¡21.05.2021

¡¡¡¡CUPRA Born is the perfect match between electrification and performance The World Premiere will be broadcast on YouTube Live at 11:00 BST 25 May 2021 All-electric Born launched alongside Primavera Sound Barcelona 2022 line-up more >>

¡¡¡¡Renault Captur range enhanced with new R.S. Line and SE Limited specifications

¡¡¡¡20.05.2021

¡¡¡¡New R.S. Line and SE Limited versions join existing Play, Iconic and S Edition Captur models The Captur range gets a sporting edge with the addition of dynamic new R.S. Line version Inspired by motorsport, the new R.S. Line trim level boasts a range of sporty exterior and interior enhancements&nbs more >>

¡¡¡¡Daimler Trucks begins rigorous testing of its fuel?cell truck

¡¡¡¡20.05.2021

¡¡¡¡First enhanced prototype of the Mercedes-Benz GenH2 Truck on the test track since late April

¡¡¡¡Wide range of tests are a further milestone on the path to series production & more >>

¡¡¡¡JAC Motors?global JAC DAY celebrates a brighter future

¡¡¡¡20.05.2021

¡¡¡¡JAC Motors has introduced a new global brand initiative called JAC DAY. This event aims to mobilise the JAC family worldwide for specific causes and will happen on 20 May every year, supporting a particular theme.More than 120 countries where the JAC Moto more >>

¡¡¡¡Kia America Debuts in US. New Name replaces Kia Motors America

¡¡¡¡19.05.2021

¡¡¡¡…as part of Kia Corporation Global Brand Strategy

¡¡¡¡Move based on Kia Corporation global brand strategy ushers new era for Kia in America; signifies evolving brand and EV strategy for fast-growing automaker K more >>

¡¡¡¡New Goodyear Assurance ComfortDrive tires provide smooth ride for summer travelers

¡¡¡¡19.05.2021

¡¡¡¡It¡¯s the return of the great American road trip for many people, with 73 percent of drivers indicating that they plan to take a road trip this summer.* To give drivers a comfortable ride as they embark on their adventures, The Goodyear Tire & Rubber Company is introducing the new Goodyear Assurance ComfortDrive. more >>

¡¡¡¡A day with Marc ter Stegen and his Cupra Formentor e-hybrid

¡¡¡¡19.05.2021

¡¡¡¡The FC Barcelona player drives his new plug-in hybrid car for the first time and talks about his impressions at the wheel He uses his driving time on his way to a match to concentrate and to talk with his family on the way home Driving emission-free is in addition to other sustainable action more >>

¡¡¡¡Lamborghini announces its roadmap for electrification: “Direzione Cor Tauri?/a>

¡¡¡¡19.05.2021

¡¡¡¡A landmark transformation plan for Lamborghini¡¯s sustainability path: from product electrification to the Sant¡¯Agata Bolognese site Top product performance: the absolu more >>

¡¡¡¡Two of the UK’s leading mobility companies agree partnership to transform the sharing economy

¡¡¡¡19.05.2021

¡¡¡¡YourParkingSpace.co.uk and hiyacar announce ground-breaking partnership New agreement highlights the money-making opportunity available to savvy driveway owners and vehicle owners Both companies are at the forefront of the sharing economy, specifically the exchange of services and goods betw more >>

¡¡¡¡The steering philosophy at Audi – Effortless, precise, controlled

¡¡¡¡18.05.2021

¡¡¡¡New generation of steering wheels with touch screens and capacitive grip recognition Steering assistance functions for added safety and increased comfort Focus on sportiness and manageability ¨C in the technology as well as the design more >>

¡¡¡¡McLaren Special Operations recreates legendary Gulf livery for 720S

¡¡¡¡18.05.2021

¡¡¡¡…to celebrate two iconic brands and personalisation possibilities McLaren Automotive¡¯s in-house personalisation arm, MSO, creates a bespoke 720S in the iconic Gulf Oil International racing colours more >>

¡¡¡¡MANSORY refines the Bentley Bentayga into the ultimate luxury SUV

¡¡¡¡18.05.2021

¡¡¡¡”MANSORY Bentayga Wide Body MY2021″

¡¡¡¡? Complete vehicle conversion (wide body)? Full carbon bonnet with additional air outlets? All ca more >>

¡¡¡¡Glickenhaus and Forzo Team Up!

¡¡¡¡17.05.2021

¡¡¡¡In endurance racing, every second counts, and so does keeping an eye on the full day ¨C and night. Glickenhaus loves sharing these adventures and behind-the-scenes details with our fans. This is why FORZO and Glickenhaus have teamed up to create a more >>

¡¡¡¡What will the CUPRA Born look like? 5 key features

¡¡¡¡17.05.2021

¡¡¡¡CUPRA Design Director Jorge Diez previews the distinctive features of the new CUPRA Born The never-before-seen rear end features a horizontal light signature and diffuser for greater dynamism and efficiency more >>

¡¡¡¡SEAT S.A. launches diversity manifesto and affirms belief in strength through difference

¡¡¡¡14.05.2021

¡¡¡¡¡°Diversity Takes Us Further¡± is a set of principles that writes diversity and inclusion into SEAT S.A¡¯s corporate DNA and shows a step forward in the company¡¯s commitment SEAT S.A. is made up of four generations of employees, with 67 nationalities and 26 languages; 21% are women, and an estimated 7% of more >>

¡¡¡¡2021 Acura TLX Type S to Make Public Debut at the Acura Sports Car Challenge IMSA Race at Mid-Ohio

¡¡¡¡14.05.2021

¡¡¡¡Highly anticipated TLX Type S to make public debut at the Mid-Ohio Sports Car Course as the official pace car for the Acura Sports Car Challenge Presented by the TLX Type S IMSA Champion, three-time Indianapolis 500 winner Helio Castroneves to serve as Grand Marshall for Sunday¡¯s endurance racing contest&nbsp more >>

¡¡¡¡The mayors of Barcelona and Milan strengthen ties at CASA SEAT

¡¡¡¡13.05.2021

¡¡¡¡From 17 May to 12 June, Milan will be in the spotlight at Guest Cities, a conference in collaboration with the Italian General Consulate in Barcelona and its “Futura” project

¡¡¡¡Participants will in more >>

¡¡¡¡Sauber Engineering brings the racing spirit to the road with Alfa Romeo Giulia GTA

¡¡¡¡13.05.2021

¡¡¡¡Sauber Engineering is bringing the know-how and experience of five decades of motorsport to the road with the new Alfa Romeo Giulia GTA and its extreme version, the GTAm, which have been unveiled to the international press during a special media event at the Balocco Proving Ground (VC), Italy, yesterday. more >>

¡¡¡¡Legendary road-race car lives again

¡¡¡¡13.05.2021

¡¡¡¡Leading engineering company, RML Group, reveals modern interpretation of all-time great Iconic model is reborn for modern-day enthusiasts; Front-mounted Ferrari V12 and open-gate gearchange embody driving purity; more >>

¡¡¡¡Silverstone appoints Head of Business Sustainability

¡¡¡¡12.05.2021

¡¡¡¡Silverstone¡¯s commitment to sustainability is underlined by today¡¯s announcement that Stephane Bazire has joined in the role of Head of Business Sustainability. Stephane is a pioneer of sustainable transfo more >>

¡¡¡¡Porsche Exclusive Manufaktur – Specialists in meeting individual customer wishes

¡¡¡¡12.05.2021

¡¡¡¡Extended range of products and services from Porsche Exclusive Manufaktur, Porsche Tequipment and Porsche ClassicMeeting personal customer wishes is an important part of the global offering from Porsche. The sports car manufacturer pursues this goal with its business divisions more >>

¡¡¡¡Appointments in the Alpine Management Committee

¡¡¡¡12.05.2021

¡¡¡¡As of April 1st, 2021, C¨¦dric JOURNEL joins the Alpine Business Unit as Sales & Marketing Vice President of the brand. He reports to Laurent ROSSI, Chief Executive Officer of Alpine. C¨¦dric JOURNEL is a member of the brand’s Management Committee. As of May 1st, Fran?ois PIERRARD is appointed Director more >>

¡¡¡¡Zenvo Automotive’s TSR-S arrives in the UK ahead of summer events programme

¡¡¡¡12.05.2021

¡¡¡¡Zenvo Automotive¡¯s flagship, track-focused TSR-S limited edition hypercar arrives in the UK

¡¡¡¡Programme of events planned for customers and brand followers throughout the summer more >>

¡¡¡¡The first episode of Scrambler Ducati Live is online

¡¡¡¡11.05.2021

¡¡¡¡? Emerging artists of the Italian music scene talk about themselves at Scrambler Ducati Live, a 6-episode web series about life stories with live music? The live sessions are held together with Fonoprint, a historic recording studio in Bologna of which Lucio Dalla was a partner, and which produced artists of the calib more >>

¡¡¡¡Porsche uses both virtual development and physical endurance tests

¡¡¡¡11.05.2021

¡¡¡¡Prototypes of the all-electric Macan: both digital and realThe all-electric Porsche Macan is ready to be tested on the road: after initial testing on the proving grounds of the Porsche Development Centre in Weissach, the we more >>

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