The Truth About Cars

SEPTEMBER 10, 2024

Despite market analysts forecasting that August would offer a sizable boost in automotive sales, aided by the fact that Labor Day weekend partially overlaps with the end of the month, customers failed to come out in droves to buy a new vehicle. sales volumes were 1.42 If you just want the baseline numbers, August U.S.

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Electric Cars Report

SEPTEMBER 1, 2023

Chinese premium electric vehicle makers, XPENG, NIO and Li Auto announced their vehicle delivery numbers for the month of August and their combined results were a record for any month. Since the start of […] The post XPENG, NIO, Li Auto Report EV Sales Increases In August appeared first on Electric Cars Report.

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The Truth About Cars

APRIL 3, 2024

It’s become a fool’s errand to blithely quote gain/loss percentages in terms of car sales in America, given the wild supply chain swings and other market forces over the last few years. Overall sales across The General’s quartet of brands were off by 1.5 million sales. compatible floppy disk, we’ll update this post.

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Electric Cars Report

SEPTEMBER 2, 2024

Chinese premium electric vehicle makers, XPENG, NIO, Zeekr and Li Auto announced their electric vehicle delivery numbers for the month of August and their results were higher over the prior month. XPENG delivered 14,036 Smart EVs in August, representing increases of 3% year-over-year and 26% over the prior month.

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Electrek

AUGUST 22, 2024

The main lobby group of the German automobile industry has recommended that all fossil fuel sales should be ended in Germany by 2045, but it’s still advocating for less-efficient e-fuels over rapid electrification.

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Teslarati

SEPTEMBER 25, 2024

Experts in the auto industry believe affordability is the remaining hurdle preventing electric vehicle (EV) sales from rising. The biggest issue in our industry is affordability,” Katarski said during the Automotive News Congress in Pontiac, Michigan. We’re seeing a ton of people flock to them—when they can afford them.

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Teslarati

OCTOBER 14, 2024

Despite a growing list of compelling competitors from local EV makers, the Tesla Model Y saw its highest sales year-to-date last month. Citing data from the China Passenger Car Association (CPCA), local motoring news outlet Yicai reported that Tesla China sold 48,202 Model Y units in the domestic Chinese auto market in September.

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CleanTechnica EVs

APRIL 16, 2024

More than half of the world’s EV sales have occurred there in recent years. In 2023, 25% of auto sales in China were sales of full electric vehicles. continued] The post Bad News: Record Oil Imports into China in 2023 appeared first on CleanTechnica. It is a standard of the rapid, uplifting EV revolution.

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Baua Electric

OCTOBER 3, 2024

Tesla (TSLA) is reportedly looking to raise almost $800 million from a debt sale backed by its auto leases. billion in ABS notes: Tesla is also sitting on $30 billion in cash, cash equivalent, and short-term investments at the end of last quarter FTC: We use income earning auto affiliate links.

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Baua Electric

OCTOBER 6, 2023

Auto gross sales have been up in September and the 3rd quarter as effects have been buoyed by way of Exertions Month weekend buying groceries, new-vehicle stock and strong call for for sunny vans and electrified automobiles. The post September auto gross sales defy expectancies appeared first on Bauaelectric Auto News.

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Baua Electric

AUGUST 13, 2024

On today’s episode of Quick Charge , we’ve got a medium duty Tesla RV that could help stop sliding sales in Europe, Tom Kasper from SWTCH Energy shows up to talk EV charging in older buildings, and we cover Biden’s big bump to Chinese solar. FTC: We use income earning auto affiliate links. Let us know!

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Push EVs

APRIL 8, 2023

share of the auto market in March, down from 91.9% Overall auto volume was 19,366 units, up some 19% YoY, and the highest March sales since at least 2016 (though compensating from a hangover earlier in Q1). The Model Y alone took over 38% of Norway’s new passenger auto registrations in March. year on year.

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Green Car Reports

DECEMBER 15, 2023

European sales of the Honda E retro EV are being halted amid slow sales, Automotive News Europe reported last week. Unveiled at the 2019 Frankfurt auto show, the E market the start of a new generation of compact EVs, and it earned praise for its cute exterior and dashboard full of screens.

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Baua Electric

APRIL 19, 2024

European automotive supplier Forvia reported higher organic sales for the first-quarter on Thursday driven by strong North America, and said new awards from Chinese carmakers had boosted quarterly orders. The group, born from Faurecia’s takeover of Hella in 2022, reported sales of 6.53 billion euros (USD 6.98 organically.

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Teslarati

NOVEMBER 29, 2023

Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year. percent this year.

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Baua Electric

AUGUST 22, 2024

An old gas station converted into Tesla Supercharger The main lobby group of the German automobile industry has recommended that all fossil fuel sales should be ended in Germany by 2045, but it’s still advocating for less-efficient e-fuels over rapid electrification.

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Teslarati

NOVEMBER 4, 2024

BYD’s premium all-electric DENZA D9 MPV recently debuted in Thailand’s growing luxury auto market. The post BYD’s premium DENZA enters Thailand’s luxury auto market appeared first on TESLARATI. “This year, BYD has reached several milestones in Thailand, including the inauguration of a manufacturing facility.

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Baua Electric

MAY 16, 2024

MAHLE announced the sale of the thermostat product range to ADMETOS in August 2023. New Delhi: MAHLE has finalized the sale of its OEM thermostat business as of May 2, 2024. MAHLE announced the sale of the thermostat product range to ADMETOS in August 2023.

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Baua Electric

MAY 16, 2024

Revenue from the company’s vehicle sales division rose 3.5% Online vehicle auction services provider Copart marginally beat third-quarter revenue estimates on Thursday as vehicle sales increased. Revenue from the company’s vehicle sales division rose 3.5% to USD 180.6 Copart reported total revenue of USD 1.13

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Teslarati

SEPTEMBER 19, 2024

Volkswagen has issued a stop sale for the ID.4 4 units over defective door handles that offer insufficient water protection, as noted in a report from Automotive News. 4 units over defective door handles that offer insufficient water protection, as noted in a report from Automotive News. 4 is in motion, the publication noted.

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The Truth About Cars

JUNE 16, 2023

Florida governor and GOP presidential candidate Ron DeSantis recently joined the fray when he signed House Bill 637, legislation that blocks direct auto sales for most brands but not all.& & As Inside EVs pointed out, the bill’s language prohibits direct-to-consumer sales by automakers.

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Baua Electric

JULY 7, 2024

LG Energy Solution Ltd (LGES), South Korea’s leading battery maker , said on Monday its second-quarter operating profit plunged 58% from a year earlier due to slowing sales of electric vehicles. Sales are projected to fall 30% to 6.16 Operating profit for the three months ended in June is estimated to have plummeted to 195.3

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Electrek

DECEMBER 2, 2022

Ford released its US auto sales for November today, and although electric vehicle sales were up over 100% YOY for the fifth straight month, gas-powered car sales continued to slide. The sales report highlights the direction in which the US auto industry is headed – forward.

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The Driven EV News

JULY 5, 2023

As Tesla and BYD smash EV sales records, legacy auto is staring into the abyss. The post Worrying signs for GM as its EV sales plunge and legacy auto stares into abyss appeared first on The Driven. Like Volkswagen and Toyota, GM is not only stalling on EVs but going backwards.

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Baua Electric

APRIL 24, 2024

Auto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares in North America. It also posted sales of USD3.70 It now expects to report organic revenue growth for parts and services between 2.5%

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The Truth About Cars

OCTOBER 4, 2023

With massive improvements in available inventory – and a strong demand despite gonzo interest rates – vehicle sales were very robust last quarter and indeed for the entire year to date. There’s a chart below, detailing most of the brands which have seen fit to release their sales data in a timely manner. No, seriously.

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Baua Electric

JUNE 3, 2024

EV sales took off in May, Tesla is bringing some Performance to the Chinese market amid delays for its new Full Self Driving update, and there’s some exciting news in the world of commercial electric trucks. FTC: We use income earning auto affiliate links. All this and more, on today’s Quick Charge!

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Baua Electric

APRIL 15, 2024

The rise in SUV sales highlights the evolving trend in India’s car market, with consumers increasingly gravitating towards vehicles that offer both comfort and style, along with higher ground clearance and heavy vehicle build. This trend reflects an increasing preference for larger, premium vehicles in Tier II and Tier III cities.

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Teslarati

OCTOBER 25, 2024

Volkswagen’s Scout Motors is looking to enter the electric vehicle market using a sales strategy that has proven very effective for industry leaders like Tesla. On Thursday, Scout noted that it is planning to adopt a direct sales model instead of using a conventional dealer network. auto dealers.

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Baua Electric

MAY 1, 2024

Stagnant Tesla sales flatten EV growth in California. Are electric vehicle sales down in California? Overall EV deliveries were pulled downward by sagging Tesla sales but mostly countered by strong sales of EVs from other brands, including Hyundai. Toyota sets up shop for all things hydrogen. Privacy Policy.

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Electric Cars Report

NOVEMBER 15, 2024

Dongfeng Nissan today unveiled the all-new N7 electric sedan at Guangzhou International Automobile Exhibition (Auto Guangzhou). The vehicle is set to go on sale in China in the first half of 2025. The N7 is the first model built on Dongfeng Nissan’s new modular architecture, designed exclusively for electrified vehicles.

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Baua Electric

SEPTEMBER 1, 2024

Sales of mini segment cars, comprising Alto and S-Presso , declined to 10,648 units last month as against 12,209 units a year ago. In a virtual press conference, Maruti Suzuki India (MSI) Senior Executive Officer (Marketing & Sales) Partho Banerjee said the company reduced vehicle dispatches by 13,000 units in August.

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Electrek

AUGUST 18, 2022

Chinese automaker Geely Auto released strong first-half 2022 results today, showing a massive surge in EV sales. The automaker continues growing its electric segment, with pure electric vehicle sales surging 520% from 2021.

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Baua Electric

JANUARY 25, 2024

Jefferies said the sales guidance was 5% below consensus, adding there could be further risks to the outlook, depending on the level of decline in auto and industrial chip demand in the first half of 2024, and the rate of recovery in the second. In 2024, STMicro plans to invest about USD 2.5 billion to USD 16.9

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Baua Electric

APRIL 11, 2024

Sagging full-size pickup sales might soon impact EV plans. And is a grille looking more like that of combustion versions what Mercedes needs to spur more EQS sales? Ford, GM, and Stellantis have been relying on sales of expensive full-size pickup trucks to effectively bankroll the EV push. cities soon. Privacy Policy.

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Teslarati

SEPTEMBER 9, 2024

It appears that Tesla China’s domestic vehicle sales have reached their highest level this year so far in August 2024. During the month, Tesla China is estimated to have sold 63,456 vehicles in the domestic auto market. Tesla competes in China’s New Energy Vehicle (NEV) and Battery Electric Vehicle (BEV) Market.

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Baua Electric

MAY 23, 2024

TSMC has estimated second-quarter sales may rise as much as 30% as it rides a wave of demand for semiconductors used in artificial intelligence applications (AI). In April, TSMC lowered its outlook for the global semiconductor industry excluding memory to a growth rate of around 10% from a previous forecast of more than 10%.

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