Automotive lead acid battery market is set to surpass a valuation of US$ 41.8 Bn and is poised to grow at a value CAGR of 5% during the forecast period (2019-2029). The surge in production of automobiles globally has supplemented the growth of lead acid battery market. Lead acid batteries are soaring on popularity as they provide an additional source of power to the vehicle. However, in the current scenario, the global automobile market has been stagnant in terms of profitable growth. This is anticipated to change in the coming years as the automotive sector is set to capture growth opportunities owing to the increasing vehicle production, thus aiding the demand for automotive lead acid batteries. Moreover, the heightened uptake of passenger cars globally, is expected to accelerate the growth of automotive lead acid battery market. Further, a steady rise in the use of pure electric and hybrid vehicles is
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Car sales declined 42% in the first quarter of 2020 compared to last year, according to data released late last week by the China Association of Automobile Manufacturers (CAAM). While that is largely because of a whopping 79% plunge in February — when the country of 1.4 billion people recorded just 310,000 sales — the market remains very weak. Only 1.43 million vehicles were sold in China last month, a 43% decline over March 2019.
The auto industry plays a crucial role in China’s economy. More than 40 million people in the country rely on the sector for jobs, either directly or indirectly. The industry generates more than $1 trillion in revenue each year, roughly 10% of China’s manufacturing output.
Car sales in China fell 92% in the first half of February as the coronavirus shutdown took its toll, according to an industry trade body.
Car dealerships have remained closed while buyers have stayed away to prevent the spread of the deadly virus.
Nationwide car sales slumped 96% in the first week of February to a daily average of just 811 vehicles.
The China Passenger Car Association (CPCA) said it hoped sales would pick up as more showrooms reopened.
“There was barely anybody at car dealers in the first week of February as most people stayed at home,” said CPCA secretary general Cui Dongshu.
Dealers have gradually restarted operations this month, and the automobile trade body is hoping sales will improve during the second half of February.
Chinese car maker Geely has just launched a “contactless” service that lets customers buy its cars online and get
“Strong momentum in January and February was more than offset by the negative economic impact of the coronavirus in March,” said the company.
After 55 years of running this literature business, I decided to sell the business and/or the literature. The web site is included. Age and health problems have dictated that it is time for me to move on and let someone with the love of old car literature to have some fun with what I have collected.
The literature remains in my climate controlled shop and is maintained in pristine condition. I have never taken the literature to swapmeets and it has all ways been sold by mail order. Current inventory has a retail price of $1.5 million and consists of over 40,000 items. I have dropped the price from $150,000 to $50,000. The sale information is here: http://www.mclellansautomotive.com/auto-lit-business-for-sale/ as it was up to a couple of month ago before the reorganization for shipping.
I went through all the literature that was not inventoried (not on the web site) and
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We have been in business at our current location since 1999 – We are family owned and operated – We offer financing through several local banks and credit unions as well as national lenders for every credit situation – We take great pride in our inventory and recondition them to a much higher standard than the auto industry average – We are are thankful for the amount of repeat customers and referrals we see on a consistent basis – We offer complete history reports on all units in stock –
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I had an incredibly awesome experience with Automotive Dynamics. I recently took my car in for service and described what I wanted and needed done. Kevin and Mark both assisted me with my cars needs. They explained everything that needed to be done, which was very close to what I wanted and more!!!
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