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Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US autosales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US autosales were down 22%.
China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales. These areas already represent about 45 percent of GM’s domestic sales. MPV sales will likely double to 2.8 In 2020 compact sedans will still be the most popular segment, with about 10M annual sales.
The US autoindustry is bouncing back compared to the past couple of years, but it’s still significantly below its. continued] The post US AutoSales Down 8% in Q3 2023 vs. Q3 2019 appeared first on CleanTechnica.
In China , Europe , and the United States , buyers are converging on hybrids, whose sales growth is outpacing that of pure EVs. Its almost been a religion that its EVs or bust, so lets not fool around with hybrids or hydrogen, says Michael Dunne , CEO of Dunne Insights , a leading analyst of Chinas autoindustry.
Fitch expects light vehicle sales in the US to total 13.2 that have pressured vehicle sales over the past three years. —“2012 Outlook: US Auto Manufacturers and Suppliers ”. Fitch estimates that the break-even industrysales level for the Detroit Three and major parts suppliers is now about 10.5 vehicles.
The plans, updated in the context of a worsening sales outlook for the entire autoindustry, outline a need for up to an additional $16.6 Following the steep decline in US industrysales in December 2008 and January 2009, GM responded by further lowering its forecast for 2009 US industrysales to 10.5
Another quarter has wrapped up and we have more grand trends in the US autoindustry. In the charts and text below, I’m comparing Q2 2021 (the second quarter of 2021) with Q2 2020 and also with Q2 2019. Naturally, year-over-year changes are interesting, but given how unique last year was, I think it’s more […].
The China Passenger Car Association (CPCA) announced on March 9 the top selling models and car companies in China in February, presenting a panoramic view of the Chinese autoindustry. 14 BMW 3 Series BEV 2,976 NA NA 15 Buick Velite 6 2,923 2,014 45.1% 6 Li Auto L8 14,291 NA NA 7 Volvo XC60 9,769 8,249 18.4%
I just published a report highlighting the fact that Tesla’s US sales have been growing as the overall auto market has tanked, and I also published one looking at companies’ EV share of autosales (Tesla being at 100%, of course). I nearly closed all my Google Sheets and left the topic of US EV […].
BrightDrop offers a fascinating window into the breadth of GM’s EV plans, though even many people in the autoindustry know little about it. Buick, meanwhile, was vitally important for the Chinese market, where today more than four times as many Buicks are sold as in North America. The BrightDrop Zevo 600.
The China Passenger Car Association (CPCA) announced on April 11 the top selling models and car companies in China in March, presenting a panoramic view of the Chinese autoindustry. Automakers with highest retail sales in China in Mar 2023 Ranking Automaker Mar-23 Mar-22 YoY Share 1 BYD 192,289 103,229 86.3%
Tallying up US autosales 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 […].
Much of legacy car companies resources are being channeled into the development of plug-in models, even though EVs still account for a fraction of vehicle sales. At the time, though, all Yeung knew was that the autoindustry never sleeps; surely the Escapes rivals, like the Toyota RAV4 or the Honda CR-V, would be getting engine upgrades.
Many in the autoindustry are warning that realistic BEV range numbers under varying conditions need to be widely published , else risk creating a backlash against EVs in general. Even in the Chinese market where smaller EV sales are booming, profits are not. Its e-Mustang has been subject to several recalls over the past year.
The Biden administration’s goals seemed good on paper, with the president announcing a national target of electric cars making up half of all new vehicle sales by 2030. “These are the three largest employers of the United Auto Workers (UAW), so I’ll let you draw your own conclusion,” she said. .
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