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Expert View
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Car-makers are adapting to the digital age by offering motorists the use of digital showrooms, enabling drivers to experience and purchase cars without physically test-driving them. Moving to a virtual showroom is a bold decision for manufacturers and motorists, and relies on people's willingness to buy a vehicle without trying it first.
Published By Datamonitor
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10 May 2013 |
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Expert View
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With the recent LaFerrari hyper-car selling out well before its official unveiling at the Geneva Motor Show, it seems that consumers' appetite for this luxury brand will continue over the coming years. By offering consumers a growing range of personalized options and investing in a new body shop in the US, the company will stay one step ahead of its main competition.
Published By Datamonitor
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09 May 2013 |
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Expert View
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Kia has released a teaser for its new urban SUV concept that it will debut at the Geneva Motor Show this March. Although the model remains unnamed, its look and design make it a challenger to the increasingly popular Nissan Juke. Expanding into the compact SUV market will be a smart move for the Korean manufacturer, as if Juke sales are anything to go by, it is certainly healthy and expanding.
Published By Datamonitor
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24 Jan 2013 |
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Expert View
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Bentley's new SUV is set to go into production within three years, amid reports that the company has approved a final design. Although the design of the previous concept car was not that well received, it is expected that this new model will fill an important new niche in the market - the ultra-luxury SUV - and provide an important sales boost for Bentley, particularly in emerging markets.
Published By Datamonitor
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24 Jan 2013 |
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Expert View
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Ford, Nissan, and Daimler have announced that they have partnered to develop electric vehicle technology. The manufacturers have each developed their own electric fuel cell technology, but by joining forces they aim to speed up its commercialization with the hope of creating an industry standard for vehicle manufacturers to follow.
Published By Datamonitor
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05 Feb 2013 |
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Expert View
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Porsche has developed an innovative new hybrid-electric powertrain that combines the electric motor and the clutch in one unit. The unit is intended to significantly reduce the amount of fuel consumed in everyday driving conditions. The module will debut on the next-generation Panamera, but is intended to be fitted to all Porsche's future cars, including the iconic 911 range.
Published By Datamonitor
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16 May 2013 |
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Expert View
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PSA Peugeot Citroen has released its financial results for 2012, with net losses reflecting the overall ill health of the European car market. With a restructuring plan having been completed, PSA hopes that it has laid the foundations for an upturn in fortunes in 2013. Its heavy investment in the Southern European car market, however, could lead to another difficult year for the company.
Published By Datamonitor
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13 Feb 2013 |
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Expert View
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Skoda has announced that it will add a second SUV to its line-up and build new Chinese production capacity as part of its plans to boost global sales by 50% over the next few years. This is a potentially risky strategy, as a disappointing recent performance by the Chinese economy could result in the brand suffering from some of the oversupply issues that are affecting other volume manufacturers.
Published By Datamonitor
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07 May 2013 |
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CEVA Logistics is the latest in a long line of logistics service providers expanding or building warehouse space in Dubai. The two key drivers behind these developments are the geographically advantageous location of the United Arab Emirates within the Middle East region, and the interest of logistics players in serving the lucrative automotive industry.
Published By Datamonitor
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04 Apr 2011 |
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Expert View
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Up to 3.4 million Japanese-made cars will be recalled worldwide by Toyota, Honda, Mazda, and Nissan over faulty airbags. Toyota is the hardest hit, being poised to recall 1.73 million cars. The firms have declined to reveal the financial cost of the move, but reputational damage - including loss of consumer confidence and sales declines - may be more significant than any monetary loss.
Published By Datamonitor
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15 Apr 2013 |
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