News in numbers

81.9 million

Latest GlobalData forecast for global light vehicle sales in 2022.


The Philippines new vehicle market continued to rebound strongly in August 2022, with sales surging by over 90% to 30,185 units.


Xpeng claims range of 702km (440 miles) on full charge for its just launched all-electric G9 SUV.


Stellantis plans to quadruple extended life revenues for parts and services and multiply recycling revenues by 10 by 2030 compared to 2021.

EUR1.2 billion

Volvo Cars will invest EUR1.2 billion in a new European factory in Slovakia, with production of next gen electric cars slated to start in 2026.


Russia’s light vehicle market is forecast by GlobalData to crash by 60% to 670,000 units in 2022.

In pictures

Start of Production for the new EQS SUV at Mercedes-Benz in Alabama 

The first all-electric Mercedes-EQ built in the United States, the new EQS SUV, has been successfully launched at the Tuscaloosa plant. The EQS SUV will be produced exclusively in the US. Battery systems are supplied by the recently opened Mercedes-Benz Battery Factory in Bibb County, Alabama. Tuscaloosa serves as a key production location for Mercedes-EQ luxury electric SUVs: the EQS SUV and EQE SUV, which goes into production later this year.