This week's gossip from the automotive industry has news of the future of internal combustion-engined cars, Peugeot's thoughts on market share, Mitsubishi's doubling sales and Opel's thoughts on the Mokka X vs the Crossland.
The future of internal combustion-engined cars
Rising levels of wealth and the strength of emerging markets mean that as many internal combustion-engined cars are likely to be sold in 2025 as today.
“Companies talk up the fact that 25% of their sales will be of electrified cars by then,” said an industry insider, “but it will be 25% of sales much larger than today’s.”
Peugeot's market share goals
Peugeot boss Jean-Philippe Imparato has been able to improve residual values on his cars because he is under no obligation to hit a target for market share.