Wards Intelligence Update

Global Vehicle Sales Top 92 Million Units in 2023; December Volume Up 11%

Global vehicle sales in 2023 totaled 92.4 million units, including 88.8 million light vehicles, 10.8% above 2022’s 80.2 million. December’s...

Neue Klasse to Move BEV Needle for BMW Brand

At a recent 25th anniversary celebration of the BMW Group Technology Office in Mountain View, CA, the company discussed its...

China Market Outlook: Exports, NEV Demand Prop Production Next Five Years

Continued export strength, with help from demand inside China for electrified vehicles spurred by the government’s New Energy Vehicle programs...

January U.S. Light-Vehicle Sales Lukewarm; Unusually Strong Increase to Inventory Expected

There is upside to January’s sales outlook, which could help alleviate excesses, but rising inventory for some vehicles, including electric...