Worldwide Auto Production Outlook Up
One forecast puts output up about 200,000 units in the first quarter.
The AutoForecast Solutions projection has production up in all regions except western Europe.
Pexels/Charles Parker
A global light-vehicle production outlook is up this month by about 180,000 units to 91.5 million for the year.
The AutoForecast Solutions projection has production up in all regions except western Europe, which it revised down about 20,000 units, largely due to a reduced estimate for Germany.
North American production was stable in the quarter, according to the forecast, up 2% year-over-year to 16 million for the year.
It estimated Jeep maker Stellantis’ North American production is down 22,000 units due to reduced full-size Ram truck and Jeep Wrangler production that has been partly balanced by more Jeep Compass output.
The forecast puts Asia-Pacific production up 70,000 units to 52.24 million on the strength of output in India, whose forecast rose 100,000 units over the April estimate.
Originally posted on Auto Dealer Today
More Industry
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →
The Powertrain Shift
Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.
Read More →
Achromatic Autos
The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.
Read More →
Used-Vehicle Affordability Worsens
Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.
Read More →
First-Half Dealership Deals Up
Buy-sell activity shows that acquirers are looking for value and scale as many retailers seek to leave an increasingly competitive and complex market, Kerrigan Advisors reports.
Read More →
Kia Closes Out Summer With a Bang
Its U.S. subsidiary broke multiple records in August, in part due to a surge of demand for hybrids models.
Read More →
Indiana Dealership Changes Hands
A 30-year-old Ford dealership in Indiana has a new owner and will soon be undergoing renovations to meet manufacturer requirements.
Read More →