US Auto Industry Down 8% Since 2019
CleanTechnica EVs
SEPTEMBER 24, 2023
It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.
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CleanTechnica EVs
SEPTEMBER 24, 2023
It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.
CleanTechnica EVs
JUNE 9, 2024
The US auto industry is in a very interesting place. In this US auto industry sales report, I compare 1st quarter (Q1) sales going back 5 years. It’s been an interesting roller coaster, especially due to the COVID-19 pandemic, but now that we’ve gone past that, it’s extra interesting to.
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. But compared to 2019, they were down by more than 3 […]
CleanTechnica EVs
FEBRUARY 14, 2024
We recently produced several exclusive reports on US electric vehicle sales and overall US auto industry sales trends. continued] The post US EV Sales Up 385% Since 2019, Normal “ICE” Vehicle Sales Down 14% appeared first on CleanTechnica.
CleanTechnica EVs
DECEMBER 17, 2023
The US auto industry is bouncing back compared to the past couple of years, but it’s still significantly below its. continued] The post US Auto Sales Down 8% in Q3 2023 vs. Q3 2019 appeared first on CleanTechnica.
CleanTechnica EVs
JANUARY 29, 2024
In 2019, full electric vehicle (EV) sales were 1.4% of US auto sales. In 2020, they had risen to 1.7%, [continued] The post EV Sales Rise to 7.2% of US Auto Sales, Tesla 4.3% of Auto Sales appeared first on CleanTechnica.
CleanTechnica EVs
OCTOBER 12, 2022
US auto sales were up 1% in the 3rd quarter of 2022 compared to the 3rd quarter of 2021, but they were down 13% compared to the 3rd quarter of 2020 and down 21% compared to the 3rd quarter of 2019, which we use as a bit of a control year since it was before […].
CleanTechnica EVs
OCTOBER 18, 2021
Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.
CleanTechnica EVs
APRIL 23, 2023
It’s time for another quarterly report on US auto sales. Like a few other major news outlets, I track total quarterly sales of the US auto industry, but I also conduct a thorough analysis of the trends of each automaker.
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry is truly on the rebound. In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] But was it just a lucky little blip?
Green Car Congress
FEBRUARY 12, 2019
The Center for Automotive Research’s (CAR’s) updated automotive sales outlook forecasts US light-duty vehicle sales at 16.8 million units for 2019. CAR’s forecast includes a continuation of sales declines in 2020 and 2021 down to 16.5 CAR projects sales to rebound to 16.8 million units in 2021.
Green Car Congress
NOVEMBER 10, 2021
Passenger electric vehicle sales are set to jump more than 80% in 2021 to 5.6 million in 2019), according to the Zero-Emission Vehicles Factbook , a special report published today by BloombergNEF (BNEF), at the request of the UK COP26 Presidency and in partnership with Bloomberg Philanthropies. Industry and government commitments.
CleanTechnica EVs
JULY 12, 2021
Another quarter has wrapped up and we have more grand trends in the US auto industry. In the charts and text below, I’m comparing Q2 2021 (the second quarter of 2021) with Q2 2020 and also with Q2 2019.
Green Car Congress
FEBRUARY 4, 2022
TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. With this latest funding round and a valuation of more than US$1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns.
Teslarati
SEPTEMBER 19, 2022
The automotive industry spent less on advertising during the first seven months of 2022. Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8
Green Car Congress
APRIL 1, 2020
The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total.
Green Car Congress
DECEMBER 14, 2018
Hyundai has taken two out of the ten spots in the 2019 WardsAuto 10 Best Engine competition with the all-new 2019 NEXO FCEV fuel cell vehicle and 2019 Kona Electric CUV. The 2019 Kona Electric offers 258 miles of range. Earlier post.) Kona Electric. cubic feet and allowing for a flatter load floor. liter), 2010 (4.6-liter)
Green Car Congress
JANUARY 5, 2020
delivered 2,887,046 vehicles in 2019 in the United States. Fourth quarter North American wholesales declined an estimated 25% year over year, due to the 40 day United Auto Workers work stoppage. The following nameplates saw the largest sales increases year over year: Chevrolet Trax up 29.9%. Light-duty crew cab sales were up 15.1%
Green Car Congress
JANUARY 12, 2020
In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Lithium carbonate prices in China dropped between January and August 2019 by nearly 20% since the beginning of 2019 to RMB 65,000/t, equivalent to $9.25/kg Although this marks an impressive 41.5%
Green Car Congress
JANUARY 21, 2021
Geely Auto Group and Tencent signed an agreement to carry out strategic cooperation in the fields of digitalization, intelligent cockpits, autonomous drive, and low-carbon development. Through this partnership, Geely and Tencent will also promote low-carbon development of the automotive industry and carbon neutrality as an industry goal.
Green Car Congress
JANUARY 29, 2020
Clean Energy Fuels Corp delivered 143 million gallons of Redeem Renewable Natural Gas (RNG) last year as robust sales of the carbon-neutral transportation fuel continued in 2019, closing out the year with significant deals throughout North America. In 2019 Clean Energy provided an estimated 16 million gallons of Redeem to UPS.
Green Car Congress
OCTOBER 8, 2020
Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. Increasing future sales for BEVs will rely on companies improving awareness of their product. However, the study reveals there has been an increase in interest in the US and Chinese markets.
Green Car Congress
JUNE 28, 2019
The 40 percent drop in new vehicle sales due to the recession created an acceleration in average age like we’ve never seen before. This represents one of the highest annual increases the US auto industry has seen since IHS Markit began tracking VIO growth—second only to the 2.3% million (2.2%) since 2018. growth in 2016.
Baua Electric
JULY 6, 2023
light-vehicle gross sales surged 19 % in the second one quarter as all 4 of its manufacturers posted double-digit positive factors. GM stated its retail gross sales rose 15 % time over time, time gross sales via GM Envolve, a newly created unit that mixes fleet and its BrightDrop logo of electrical supply trucks, jumped 34 %.
Green Car Congress
MAY 9, 2017
China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5
Green Car Congress
MARCH 20, 2020
Honda transmission and engine plants in North America that serve Honda auto plants also will suspend production for the same time period. billion in sales activity and generated $4.1 Honda will suspend production for six days beginning 23 March, with current plans to return to production on 31 March.
Green Car Congress
MAY 16, 2019
BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. Their use case will mostly be in shorter-distance applications.
CleanTechnica EVs
AUGUST 10, 2021
Maarten Vinkhuyzen was ahead of the curve (as usual) and wrote the article “The Osborne Effect On The Auto Industry” in February 2019. This is one of those topics that seems to come up more and more frequently.
Baua Electric
APRIL 26, 2024
It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show.
CleanTechnica EVs
APRIL 26, 2021
Tallying up US auto sales for Q1 2021 at long last, I was only slightly curious to see how they compared to Q1 2020 (and perhaps that’s why it took me so long). Clearly, with the US in lockdown for part of Q1 2020, it was just a poor quarter to compare to and this […].
CN EV Post
MARCH 12, 2023
Analysts believe the impact of the transition will not last long and will have less of an impact than the last switch in standards in 2019. The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. appeared first on CnEVPost.
Baua Electric
JANUARY 3, 2024
This is the third unit of public sector major SAIL where the government has decided not to go ahead with the strategic sale. In 2018, the Cabinet Committee on Economic Affairs (CCEA) approved the strategic sale of these three units of Steel Authority of India Ltd (SAIL). So far, it has been able to mop up INR 10,052 crore.
The Truth About Cars
FEBRUARY 1, 2024
According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. Others likewise said that it should be the market driving EV sales, not pressure from the government.&
Green Car Congress
MARCH 27, 2020
Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 million units for 2020, with light vehicle sales forecast to post 22.4
Green Car Congress
APRIL 19, 2017
Volvo Cars announced at Auto Shanghai that it will build its first fully electric car in China. The all-new model will be based on Volvo’s Compact Modular Architecture (CMA) for smaller cars, and will be available for sale in 2019 and exported globally from China, Volvo said.
Baua Electric
JULY 22, 2024
The Indian automotive sector invested Rs 14,043 crore till March end under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Economic Survey tabled in the parliament on Monday ahead of the Union Budget tomorrow. Applicants have proposed employment generation of 1.48
Baua Electric
MARCH 29, 2024
Harsha Kadam German auto parts maker Schaeffler on Friday said its board has approved the re-appointment of Harsha Kadam as the Managing Director (MD) and CEO of its India arm for a period of three years, effective from October 1, 2024.
Baua Electric
APRIL 27, 2024
The annual sales of connected cars in China are anticipated to reach 17 million units this year, marking a sharp rise from 7.2 million units tallied in 2019, Hyundai said, citing Chinese data. The agreement came amid the growing market for connected cars in China.
Green Car Congress
DECEMBER 13, 2022
Sales volumes in November were up year over year by more than 11%, but down from October. The elevated prices and high loan rates are likely putting downward pressure on sales. —Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. of total sales in November from 17.8% in October.
The Truth About Cars
JUNE 20, 2023
percent fewer originations in the fourth quarter of 2022 than in the same quarter of 2019, according to S&P Global Mobility. But that’s not much of a comfort when sales are still depressingly low. Industry estimates vary and averaged out to there being around 13.8 There were 15.3
Green Car Congress
JANUARY 14, 2018
Chevrolet and Ford each are entering the Detroit Auto Show this week on the heels of major truck introductions: for Chevrolet, the next-generation Silverado full-size pickup; for Ford, the return of the Ranger mid-size pickup. The 2019 Silverado is larger than before, including a wheelbase that is up to 3.9 diesel and 5.3L Both the 3.0L
Baua Electric
MARCH 19, 2024
Car variants that are connected feature-rich contribute as much as 45% of sales of a particular model, according to industry estimates. Car variants that are connected feature-rich contribute as much as 45% of sales of a particular model, according to industry estimates. They are aware, tech-savvy and aspirational.
Baua Electric
MAY 7, 2024
Two-wheeler sales volume had a strong start to this financial year with double-digit growth in April and is likely to clock 10-12 percent growth on year in 2024-25, according to a report from brokerage Prabhudas Lilladher. In April, the brokerage estimates that two-wheeler sales rose around 26.6 million units.
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