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Auto Shows Geely - E -cars should make up half of the total sale

17:50  18 august  2022
17:50  18 august  2022 Source:   de.reuters.com

The fall in sales of new cars in France continues

 The fall in sales of new cars in France continues © Olivier Martin-Gambier The fall in sales of new car in France continues European sales of cars continue to drop with a fall of 14% in the first half of this year . The sales of Automobiles fell 14% in the European Union in the first half of 2022 compared to the same period of 2021, said the association of European manufacturers (ACEA). Electronic, some 4.6 million new vehicles have been sold in the European Union, where the main markets all display two -digit falls.

Shanghai (Reuters) - the Chinese car manufacturer Geely wants to accelerate the transition to the electric drive in view of the weakening demand for petrol -powered cars.

ARCHIV: Das Geely-Logo ist in einem Autohaus in Shanghai, China zu sehen © Reuters/Aly Song Archive: The Geely logo can be seen in a car dealership in Shanghai to see China

by 2023 Every second vehicle sold should be an electric car, the company said on Thursday. Sales of vehicles with electrical or hybrid drive rose four times in the first half of the year, while the sales of cars with an internal combustion engine decreased by 20 percent. In the second half of the year, the sales of pure electric vehicles and plug-in hybrids should already make up more than 30 percent of monthly sales, said Geely boss Jerry Gan.

Ever notice all the coupes and convertibles in TV and movies? You will now!

  Ever notice all the coupes and convertibles in TV and movies? You will now! Ever notice all the coupes and convertibles in TV and movies? You will now! originally appeared on Autoblog on Thu, 21 Jul 2022 10:00:00 EDT. Please see our terms for use of feeds.

Before that, the Corona restrictions in China had had the carmaker's profit. The result of the company, which holds shares in Volvo Cars and Mercedes-Benz, fell by a third to the equivalent of 224 million euros in the first half of the year. A total of nine percent dropped the car sales and, according to Geely, was below the expectations of management. In addition to the Corona restrictions, the continued chip shortage played a role. In contrast, thanks to higher prices, sales rose by 29 percent to the equivalent of 8.4 billion euros. In the fight against pandemic, the government in Beijing had repeatedly imposed hard lockdowns, which at times also paralyzed the economic metropolis of Shanghai.

(Report by Zhang Yan and Brenda Goh. Written by Philipp Krach. Edited by Olaf Brenner. If you have any questions, contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)

More and more cars in Germany .
in Germany are there more and more cars despite the effort to turn a traffic. The Federal Statistical Office counted 580 passenger cars each 1,000 inhabitants in 2021. In the past ten years, the car density has increased continuously, the Wiesbaden authority said. In 2011 there were 517 cars each 1000 inhabitants. © Hannes P. Albert/dpa compared to the 27 EU countries, Germany is in 8th place in the states with the highest car density.

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