Wards Intelligence Update

Europe Market Outlook: Production Decline in 2024 Followed by Slow Long-Term Growth

Sluggish economic outlook, geopolitics and uncertainty around an aggressive electrification policy, lead to a lackluster outlook for growth in Europe.

Asia-Pacific Market Outlook: India Still the Spark for Region’s Future Growth

AP-less-China will outpace global growth over the next seven years in sales and production. With help from smaller markets, such...

2024 Smart Cockpit Trends Survey Results

This report on the future of the smart cockpit outlines regional preferences and strategic approaches tailored to local market and...

EA Pilot a Good Move; Toyota Joins IONNA; Sony and Solid-State News

The tactic of restricting a BEV’s state-of-charge is not novel but should be employed more often.

June U.S. Big-Truck Sales Drop Further with 17.7% Decrease; Q2 Down 11.5%

 Heavy-duty sales in Q2 2024 totaled 57,677 units, down 18.9% from like-2023’s 71,157. Q2 2024 sales of medium-duty trucks totaled...

June Canada Light-Vehicle Sales Stay Stable with 2.4% Increase; Q2 Up 6.5%

For entire Q2, sales rose 6.5% compared to Q2 2023, based on DSRs. Q2 sales of light-trucks rose 8.3% compared...

China Market Outlook: Sluggish Economic Outlook, Other Concerns to Slow Growth

Ironically, demand for electrified vehicles could be a positive for long-term growth. Continued government programs to encourage sales, as well...

June Mexico Light-Vehicle Sales Further Strength with 8.0% Increase; Q2 Up 11.8%

Mexico deliveries totaled 122,678 units, an average of 4,718 on each of 26 selling days. In the same year-ago month...

Global Outlook: Long-Term Growth Sluggish After Industry Aligns Production with Demand

After strong gains in the past three years, production growth will slow in 2024 as inventory rises faster than sales...