This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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%.
It’s time for another one of our quarterly US autosales reports. No other media outlet compares US autoindustry trends with as much history and depth as we do in these.
The US autoindustry has been declining steadily for a few years at least. Compared to 2021, the American autoindustry’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%).
The US autoindustry 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 autoindustrysales in the 4th quarter of 2022 were 10% higher than […] But was it just a lucky little blip?
It’s time for another quarterly report on US autosales. Like a few other major news outlets, I track total quarterly sales of the US autoindustry, but I also conduct a thorough analysis of the trends of each automaker.
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.
US autosales 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 […].
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 […].
Autoindustry 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.
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
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 […].
The multinational automaker and Dodge-Chrysler parent company says the drop was due to its transitioning product portfolio as it prepares to launch additional battery-electric vehicles (BEVs) and due to other economic headwinds. In a press release shared on Tuesday, Stellantis reported that it reached a Q1 net revenue of €41.7 billion (~$44.5
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 […].
Cynics will point at big rebates and claim they mean the vehicle isnt selling, but that just exposes them as autoindustry noobs. Dodge Charger | $3,000 Next-gen Dodge Charger; via Stellantis. Now through March 3rd , Dodge will help him get there with a $3,000 rebate. Kia keeps setting EV sales records.
Ford recently released its Q4 and year-end sales results, which showed 51,745 Mach-E sales and 44,003 gasoline Mustang sales. The Mach-E has had strong sales from the get-go, though. Those represented a year over year increase of 26.9% from 2023 for the Mach-E, and a decrease of 9.5% for the gasoline Mustang.
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.
While Jeep’s US sales plunged 19% in the second quarter, the brand will soon have two new electric models to sell: a Wrangler lookalike called the Recon, and the 600 horsepower Wagoneer S. ” Like Jeep, Ram lost significant ground in the first half, with US sales of the brand’s all-important pickups declining 20% from a year ago.
Think is also working closely with the Brussel based Eurelectric , the European union of electricity industry. headquarters and will begin sales in the U.S. Related Articles Chrysler May Dodge the Banking Bullet Quick Read Apr 28, 2009 Group 1 Automotive Inc. Think has established a U.S. before 2010. aren’t there yet.
Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Agassi was an executive at SAP that lead the software company to being the enterprise software leader ahead of Oracle, IBM, and all others. Agassi’s Davos Insights Success with V2G would be a double win for electric utilities. SZ (1) 6753.T
who is also the part owner of a Dodge franchise. These are opposed by the autoindustry, which says automakers would face significant additional costs (billions, according to the Alliance of Automobile Manufacturers) if they decide to shut down a line of cars in their ongoing efforts to become more financially efficient and viable.
For GM and Stellantis, over a third of their vehicles that are intended for sale in the United States are produced in Mexico and Canada. autoindustry billions of dollars in profit headwinds. Tesla Dodges Bullet Tesla could very well sidestep the worst of the tariffs, as the EV maker assembles the vehicles it sells in the U.S.
The end result has been a declining market share for brands like Dodge, Chrysler, Ram, and even Jeep. Stellantis brands have some of the largest vehicle oversupply issues in the industry right now. electrification, vehicular connectivity) the industry seems convinced is inevitable.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content