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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. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a lucky little blip?

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Volkswagen is financially ready for electrification, says CFO

Teslarati

From the auto group’s Porsche IPO today and Volkswagen’s relatively high operating profit margin, continued investment into electrifying their offerings will be possible. billion from their Porsche IPO today, while the brand’s operating profit margin of 7-8.5% will aid in funding electrification.

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Tesla Commits To IAA Mobility Show In Munich

The Truth About Cars

Interestingly, VinFast will be at the show, as well as Opel, Renault, Rimac, Porsche, and Audi. the New England International Auto Show has been canceled twice in a row due to low dealer inventories and waning financial investments from automakers. Here in the U.S.,

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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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Volkswagen Group launches trade-in incentive for Euro 1 - Euro 4 diesels; pan-European software update for Euro 5 and some Euro 6 diesels

Green Car Congress

The incentive is currently being prepared by the Group’s Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Porsche and Volkswagen Commercial vehicles brands and will be on offer soon. The auto industry and the Federal government will each contribute €250 million.

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