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
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%. Compared to 2020, there were “only” down by 725,726 units (5%).
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?
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%.
Baua Electric
JANUARY 31, 2024
By: HT Auto Desk | Updated on: 01 Feb 2024, 12:48 PM Hyundai India has attributed its positive sales performance in January 2024 to the high demand for SUVs like Creta and Exter. Hyundai India has attributed its positive sales performance in January 2024 to the high demand for SUVs like Creta and Exter.
The Truth About Cars
AUGUST 14, 2023
Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 million units manufactured in 2022.
Baua Electric
FEBRUARY 1, 2024
Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. The automaker is betting on custom EVs to revamp sales in the region. China is the undisputed EV market leader. Fully electric vehicles accounted for over 23% of new car sales last year in China, with 6.68
Baua Electric
FEBRUARY 1, 2024
Hyundai Motor India has opened CY2024 on a very strong note, having registered its best-ever monthly wholesale numbers in January. At 57,118 units, January 2024 sales are a strong 14% year-on-year increase (January 2023: 50,106 units). This is the second fiscal on the trot that Hyundai has surpassed the half-a-million milestone.
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.
Teslarati
APRIL 11, 2023
Hyundai has announced it aims to become a top three global automaker by 2030, primarily through the production of electric vehicles. Hyundai and its subsidiary brands Kia and Genesis are top contenders in EV sales in many parts of the world, including in the United States, where the group has consistently ranked as a top three EV seller.
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.
Baua Electric
APRIL 1, 2024
Read more Rapid surges in SUV sales have propelled the growth in rural market sales for all the carmakers in India, while demand for small cars has slumped significantly. Rural India emerged as the driving force behind the record-breaking sales of passenger vehicle sales in FY24. After registering 41.2
Green Car Congress
OCTOBER 31, 2014
Elantra is Hyundai’s first model, and one of only 10 cars in the history of the auto industry to reach 10 million sales. In the US market, Elantra won the prestigious North American Car of the Year award in 2012 and is built at Hyundai Motor Manufacturing Alabama in Montgomery, Ala.
Teslarati
APRIL 26, 2022
According to Kelley Blue Book’s (KKB) data , Tesla dominated the United States electric vehicle market in the first quarter. Tesla vehicle sales accounted for 75% of all EVs sold between January and March 2022. Tesla’s Model 3 and Model Y vehicles made up 68% of US EV market sales in Q1 2022.
Baua Electric
JANUARY 3, 2024
By: Mainak Das | Updated on: 03 Jan 2024, 13:42 PM India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. Sales of new passenger vehicles in India recorded 41 lakh units milestone, marking around 8.2
Baua Electric
FEBRUARY 1, 2024
After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January. BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. BYD’s PHEV sales were up 21% to 95,715 last month.
Baua Electric
MAY 10, 2024
By: HT Auto Desk | Updated on: 10 May 2024, 13:15 PM The small car segment, which includes the hatchbacks, once ruled the Indian auto industry with nearly half the market share. From the 1990s, small cars led by Maruti Suzuki and Hyundai Motor, were the backbone of the Indian auto industry.
Green Car Congress
SEPTEMBER 13, 2017
At the Frankfurt Motor Show, the European Automobile Manufacturers’ Association (ACEA) outlined the industry’s proposal for a pathway to future CO 2 reductions: a 20% CO 2 reduction for passenger cars by 2030, compared to 2021. of total new car sales. The 2030 ambition level will be defined by lowering this midpoint by 20%.
Push EVs
JANUARY 9, 2023
The UK’s auto market saw plugin electric vehicles take 39.4% share of new sales in December, a new record, up from 33.2% Full electrics alone took almost a third of the market. Overall auto volumes were up 18% year on year in December, but still down compared to pre-2020 norms. year on year. plugins, 25.5%
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 […].
Green Car Congress
NOVEMBER 29, 2010
Hyundai Motor Company has begun construction of a third plant in China to respond to growing demand in the world’s largest automobile market. Beijing Hyundai Motor Company (BHMC), a 50-50 joint venture between Hyundai Motor and Beijing Automotive Industry Holding Co., 28 in Shunyi District, Beijing. million units.
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. Naturally, year-over-year changes are interesting, but given how unique last year was, I think it’s more […].
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. Hyundai Motor Manufacturing Alabama (HMMA) has already suspended production in all areas, for all shifts, on 18 March, following the confirmation of a case of COVID-19 among its workforce.
Baua Electric
JANUARY 8, 2024
Duplicitous doublespeak has become de rigueur dialect in the auto industry. “We We strongly believe in EVs,” say auto dealers as they support efforts to slow the EV transition. The latest example of Orwellian Newspeak comes from GM, which touted “another year of firsts” in its US Q4 and Full-Year Sales report.
Baua Electric
MAY 18, 2024
What’s more, in March 2024, for the first time, the top two vehicles sold were SUVs—Tata Punch and Hyundai Creta. Now, SUVs make up more than half of India’s PV sales. Therefore, SUVs seem to be winning with annual sales of over 2 million units. Hatchbacks saw peak sales in 2017-18, at 1.5 lakh to Rs 8.2
Green Car Congress
JULY 2, 2018
The analysis, which compares national data on the market uptake of electrically-chargeable vehicles (ECVs) with GDP per capita, shows that the market share of ECVs is close to 0% in countries with a GDP below €18,000 (~US$21,000), while it is no more than 0.75% in half of all EU member states. of total EU car sales in 2017.
EV Adoption
JANUARY 22, 2022
Sorry, however, we do not break out those sales numbers; that is the same as when we communicated with one another, over 2nd-quarter sales last year (the vehicles’ 1st quarter of sales). Auto Industry Analyst. Rick Deneau, Stellantis. I can’t tell you our exact number but if they beat RAV it was very narrow.
CleanTechnica EVs
OCTOBER 18, 2021
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 auto sales (Tesla being at 100%, of course).
Baua Electric
FEBRUARY 7, 2024
The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos. Additionally, major automakers are investing heavily in R&D to develop affordable and high-performing electric vehicle models specifically designed for the Indian market.
Green Car Congress
APRIL 12, 2023
Hyundai Motor Group (the Group) today announced its goal to become one of the world’s top 3 EV manufacturers by 2030 through the combined sales of Hyundai Motor, Kia and Genesis electric models, at the groundbreaking ceremony of Kia’s dedicated plant for purpose-built vehicle (PBV) production in Korea. million units by 2030.
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 […].
Baua Electric
MARCH 2, 2024
India is the world’s third-largest automobile market. Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset.
Qnovo
MARCH 2, 2021
At a market capitalization exceeding $700 billion, Tesla enjoys a unique financial position among all auto manufacturers to expand its investments in electric vehicles and infrastructure. We are in the midst of deep disruption to the auto industry. There is a split opinion among auto manufacturers.
Green Car Congress
JANUARY 22, 2011
What we are also seeing is more optimism across the board for vehicle sales following the economic downturn. The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. US automaker gains in market share. Investments.
Push EVs
APRIL 13, 2023
of the auto market in March, down from 22.7% BEVs saw fractional market share growth YoY, and a new volume record, whilst PHEVs saw a slight decline. Overall auto volume was 287,825 units, up some 18% YoY, though still some 19% down from March 2019 levels. combined share of the overall market (from 29.6%
Baua Electric
JANUARY 10, 2024
Not so long ago, automakers boasted about horsepower and towing capabilities in their cars and pickups, but in the fast-changing world of technology that now dominates the auto industry, software-driven enhancements are prominent in consumers’ minds. The transition to software-dominated cars is challenging. General Motors on Dec.
Clean Fleet Report
JANUARY 4, 2022
This was done in a year when almost all other automakers posted drops in sales. The impact on the auto industry, particularly the still growing electric sector, could be profound. Carvana was the number two used car chain last year according to one report, and Tesla’s direct sales model doesn’t seem to be slowing down.
Charged EVs
JULY 29, 2021
The 2022 Hyundai Ioniq 5 should be taken very seriously when it goes on sale this fall. 4 are already on sale. But the Ioniq 5 and its underlying technology show how serious Hyundai-Kia has become about offering EVs that appeal to mass-market buyers. So, the heritage theme simply won’t work in the US.
Push EVs
JANUARY 8, 2023
The tide has turned in the electrification of the German auto market, with plugin electric vehicles taking the majority of sales for the first time in December. of the month’s passenger auto sales, with full electrics taking a third (33.2%) and plugin hybrids taking over a fifth (22.2%). Plugins took 55.4%
Cars That Think
JANUARY 17, 2023
Stellantis is offering certain higher salaried US employees separation packages to help its “transformation to become a sustainable tech mobility company and the market leader in low-emissions vehicles,” a company spokesperson said. million employed in the industry at large, or about 5 percent of the U.S. Ford is not alone.
Push EVs
MARCH 11, 2023
Germany, Europe’s single largest auto market, saw plugin electric vehicles take 21.5% share of sales in February 2023, a drop from 24.9% Overall auto volume was 206,210 units, up by some 3% YoY, but still some 18% down from pre-2020 seasonal norms. share of the market, from 26.6% of the market previously, to 28.1%
Baua Electric
MAY 14, 2024
Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Retreating behind tariff walls or outright bans will further isolate America’s auto industry into a Galapagos market of ridiculous trucks sold at nosebleed prices.” Three recent accounts stand out from the pack.
Baua Electric
APRIL 1, 2024
million, units during the previous financial year, as per the estimates from India’s top car makers Maruti Suzuki and Hyundai Motor India. The industry has reported its highest-ever monthly sales numbers in all 12 months of the financial year. The stock level industry has come down to 3.09 lakh, or 4.23-4.25 lakh, or 3.89
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