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US Auto Industry Down 8% Since 2019

CleanTechnica EVs

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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US Auto Industry Down 3+ Million Sales (19%) Since 2019

CleanTechnica EVs

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%. Compared to 2020, there were “only” down by 725,726 units (5%).

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US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019

CleanTechnica EVs

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?

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Tesla US Sales Up 104% While US Auto Industry Down 22%

CleanTechnica EVs

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%.

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Stellantis to Offer Voluntary Buyouts to Thousands of Salaried U.S. Employees

The Truth About Cars

Auto industry executives are grappling with rising costs and a challenging economic environment, leading many to employ aggressive cost-cutting measures. Stellantis, which houses the Jeep, Dodge, Chrysler, Maserati, Alfa Romeo, Fiat, Ram, and other brands, had a significant sales drop in the second quarter of 2024.

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Stellantis CEO struggles to sell Jeeps in the golden era of SUVs

Baua Electric

Stellantis cut prices on the Jeep Compass and Grand Cherokee SUVs earlier this year and added more content to its vehicles to adjust to the higher interest rate environment. Jeep will also bring back the Cherokee, which went out of production last year and left the brand less competitive in the largest segment of the SUV market.

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US Auto Sales Down 8% in Q3 2023 vs. Q3 2019

CleanTechnica EVs

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.

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