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Global Automotive E-retail Market- Alibaba Group Holding Ltd., Asbury Automotive Group Inc., AutoNation Inc., Among Others to Contribute to the Market Growth | News

By Betty C. Morrow 3 months ago

NEW YORK, Aug. 9, 2021 /PRNewswire/ — The automotive E-retail market is poised to grow by 21.6 million units during 2021-2025, progressing at a CAGR of 17.49% during the forecast period. 

Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour.

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The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the ease and convenience of buying cars and two-wheelers online.

The automotive E-retail market analysis includes Product segment and Geography Landscape. This study identifies the intense competition leading to competitive pricing as one of the prime reasons driving the automotive E-retail market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from

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Put a heavy tax on gas cars. Then the EV market will thrive

By Betty C. Morrow 3 months ago

To the editor: Industrial policy is a fool’s errand. Neither politicians, newspapers nor China can pick winners and losers in the marketplace. Tastes, incomes and production costs determine what gets bought and sold. (“Biden needs to put the pedal to the metal on zero-emission cars,” editorial, Aug. 6)

The environmental costs of burning fossil fuels in automobiles are real and significant, and unaccounted for in car prices, but the federal government should not subsidize the purchase and operation of electric vehicles. This would be impossibly complicated, and requires shifting public resources from other purposes.

Instead, tax internal combustion engines at a level that places the estimated cost of the environmental damage they do inside the price of such vehicles, and let the automotive market operate. The electric vehicle market will then thrive.

James E. Moore II, Los Angeles

The writer, an engineering professor at USC, is director of

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Malaysia Automotive Aftermarket Service Market Outlook to 2025: Surging Used Car Sales contributing to the Growth of Automotive Aftermarket Service Industry in Malaysia – Ken Research

By Betty C. Morrow 3 months ago

Gurugram, India, July 29, 2021 (GLOBE NEWSWIRE) —

  • Automotive slowdown & the COVID-19 pandemic brought a sustained downward trend in new passenger car sales in 2021 in Malaysia.
  • The OEM/Authorized car service market is anticipated to grow with a CAGR of 11.7% during the forecast period 2020-2025.

Surging Vehicle Parc in Malaysia: Malaysian automotive industry in witnessing a growth in the number of vehicle parc, which is leading to higher demand for the multi brands and OEM car service companies in Malaysia. ~65% of the vehicle parc in Malaysia in 2020 comprised of post warranty cars that generally visit multi brand car service centers. Whereas, the pre warranty cars in the country prefer visiting the OEM car service centers.  Multi brand service centers cost ~40% less as compared to the authorized car service center which is the major reason for consumer to shift to the multi brand service center during

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The scorching hot used car market may finally be cooling off

By Betty C. Morrow 3 months ago

By Peter Valdes-Dapena, CNN Business

For months, used car prices have been soaring at an unprecedented rate. That has led to some strange situations, like people selling used pickup trucks for more than they bought them for a year ago and even cars with more than 100,000 miles gaining a lot in value.

But two new reports indicate that things may be starting to cool off.

Wholesale used car prices — what car dealers pay for the cars they sell to customers — fell in the first two weeks of July, while used vehicle inventories at dealerships increased, according to Cox Automotive.

In addition, the retail price of used cars — the amount consumers pay — has continued to increase, but at a slower pace over the past month, according to a separate Cox Automotive report. While it’s not certain yet, Cox Automotive analysts think retail prices will start coming

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