New Autology Podcast: Does branded audio necessarily mean premium audio? In this episode, IHS Markit experts discus… https://t.co/5CUzysurEQ
Automotive Rapid Response Report - 3 June 2020
As the COVID-19 pandemic continues to unfold, IHS Markit offers
uniquely actionable, rapid insights to drive your business.
Insights powered by the most up-to-date information available
provide critical intelligence to inform near-term planning and
longer-term strategic decision making. Download our weekly Rapid
Response Report to get real-time market feedback on specific market
actions that will help you get a step ahead and help determine
which actions to take next.
- A strong 91% month-to-date (mtd) increase as May
concludes in national retail registration volume, representing a
greater than 500,000-unit improvement
- Non-luxury crossover utility vehicle (CUV)/sport utility vehicle (SUV) segments improved 111% mtd, representing 48% of the national volume improvement.
- Non-luxury cars almost doubled in volume mtd with 95% improvement, contributing 20% of the national volume increase.
- Pickup segments improved 53% mtd, 15% of the national volume improvement.
- 110% improvement in mtd performance for May in the top
10 retail volume states, highlights include:
- 113% improvement mtd in California, largest volume increase across all states with over 62,000 units.
- 209% improvement mtd in New York, volume increase of over 40,000 units.
- 75% improvement mtd in Florida, volume increase of over 40,000 units.
- As states continue to lessen their restrictions, we
expect the positive registration momentum to continue with many
manufacturers reducing summer downtime to increase production
- Focus will shift to identifying and addressing inventory shortfalls on fast-turning, high-margin vehicles.
- Worsening run rate, but 2022 global light vehicle production outlook intact
- IHS Markit monthly payment data explain EV challenges and hybrid popularity
- Major revision for global light vehicle production forecast – what it means for OEMs’ technology deployment
- After seemingly defying the challenges facing truck manufacturers globally, Brazil’s plants hit with downtime starting from September 2021
- Luxury SUV growth out-paces mainstream
- Chips still squeezing: YTD 7.4mn units and -10% growth impact
- CPO: Why CPO Matters – September 2021
- Increasing impact of semiconductor shortage on Medium and Heavy Commercial Vehicle OEMs in Europe
Join us for an upcoming Auto Care Association webinar where our IHS Markit expert, Bradley Mayes, will speak to the… https://t.co/4Cr0A8FXDl
In IHS Markit's October global light vehicle production forecast update, our 2022 production view is a virtually un… https://t.co/H7rzdfyriX