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
SEPTEMBER 4, 2023
However, at that time, the German auto industry felt confident that it could continue to mainly produce and sell ICE (internal combustion engine) vehicles in Germany while at the […]
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. 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?
Baua Electric
JANUARY 23, 2024
Bosch, the world’s largest automotive supplier for Ford, GM, Toyota, VW, and BMW, among others, said last week that as many as 1,200 employers in its software and electronics division would be fired by the end of 2026, and that 80% of those cuts would take place at the Stuttgart-based headquarters in Germany. Get started here.
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%.
Green Car Congress
AUGUST 16, 2014
(MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG.
Clean Fleet Report
AUGUST 1, 2023
Is the Ford Mustang Mach-E the Best Thing To Happen to the EV Industry? With the introduction of an electric version, we could see a dramatic change in the EV industry. This targets a market the EV industry has been trying to hit for some time. Aston Martin, Jeep, BMW and plenty of other brands have shown “cool” EVs.
CN EV Post
MARCH 9, 2023
A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.
Green Car Congress
APRIL 1, 2010
The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.
Electrek
NOVEMBER 3, 2022
Despite lingering supply chain bottlenecks disrupting the global auto industry, the BMW Group achieved record revenue in Q3 as sales and demand for its electric vehicles continue propelling the German luxury automaker forward.
Green Car Congress
SEPTEMBER 13, 2017
It’s also in line with what is expected of other industry sectors, as well as the EU Climate and Energy Framework and the global Paris agreement. Our industry is committed to being part of the solution when it comes to decarbonizing road transport, while at the same time reducing pollutant emissions. This is a steep reduction.
CleanTechnica EVs
MAY 14, 2024
We’ve turned a big corner when it comes to electrification of the auto industry. Just 5–10 years ago, automakers were largely laughing at electric cars, slow-walking the transition, and had modest electrification plans. That changed with the anticipation for and arrival of the Tesla Model 3, EU regulations requiring than.
Green Car Congress
JULY 20, 2010
Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Under the American Recovery and Reinvestment Act, $2.4
Teslarati
JANUARY 6, 2023
The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. This is despite the near-constant supply shortages that have plagued (and continue to plague) the auto industry, notably in Europe. BMW stock chart by TradingView.
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.
Green Car Congress
AUGUST 1, 2019
the designers of a vision-oriented artificial intelligence platform for autonomous vehicles, announced $25 million in Series A financing led by GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia, Fluxunit (VC arm of lighting and photonics company OSRAM), and DNS Capital. Recogni Inc. ,
Green Car Congress
MAY 16, 2017
The BMW Group, Intel and Mobileye will bring Delphi onboard as a development partner and system integrator for the autonomous driving platform currently under development. With the onboarding of Delphi we significantly strengthen our development of the automated driving and do a future step in spreading this technology across the industry.
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
MARCH 22, 2024
The heads of BMW, Volkswagen, and Renault have spoken out against European Union’s emission targets in recent days, arguing that the phase-out rules put too much pressure on the industry and that consumers aren’t buying EVs fast enough. By then the pressure then will be significant for the European automotive industry.”
CN EV Post
MARCH 29, 2023
Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. Subsequently, several brands, including Volkswagen and BMW , announced similar large discounts.
Green Car Congress
MARCH 12, 2009
billion) worth of EIB loans to the automotive industry are planned for submission to the Board in April and May. This would bring the EIB’s total approved lending to the auto sector to €6.3 The European Investment Bank’s (EIB) Board of Directors approved loans to European car and truck makers worth €3 billion (US$3.9 A further €2.8
Green Car Congress
JUNE 11, 2015
Fraunhofer researchers have developed a laser arc method with which layers of carbon almost as hard as diamond can be applied on an industrial scale at high coating rates and with high thicknesses. So far PLD and HIPIMS are not suitable for industrial applications due to their low efficiency, Fraunhofer notes.
Baua Electric
JANUARY 17, 2024
The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. “As soon as we switch this light on with the battery passport regulations, all of a sudden folks will start worrying about sourcing responsibly.”
Teslarati
APRIL 4, 2023
Genesis has been on a mission to take on the world’s top luxury automotive brands since its inception, but it has never been closer to competing with the likes of BMW and Mercedes than now. Both options wouldn’t be labeled “performance-oriented” in the modern auto industry.
Green Car Reports
JUNE 28, 2017
Today, we've got some auto-industry analysis on BMW's electric cars, two updates on recent stories, a look at Tesla's latest Autopilot, and a takedown of a bizarre Swedish study of the environmental impact of electric cars. With the BMW i5 dedicated electric crossover now apparently dead, and an all-electric.
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 Reports
AUGUST 15, 2017
Today, Tesla and its impact on the German auto industry crop up in two very different reports, you can get $10,000 off an electric car (if you live in San Diego), and we honor Dull and Boring drivers. With continued attention on Tesla's latest product, we ask: is the BMW 3-Series the most direct competitor.
Baua Electric
MARCH 23, 2024
The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.
CN EV Post
MARCH 13, 2023
The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. He said at the time in the comments section of that Weibo that Li Auto's models would not be reduced in price.
CleanTechnica EVs
APRIL 25, 2023
The Mexican auto industry has grown sevenfold since the 1960s and doubled its output since the 1990s, when it was granted full access to the US market. […] Giant amongst developing nations, Mexico stands currently as the seventh-largest automobile producer in the world (in number of units).
Green Car Reports
JUNE 28, 2012
It's hard to keep things secret in the auto industry. So when Bloomberg reported yesterday that German luxury maker BMW had broken off talks with General Motors on joint development of fuel cells, writer Dorothee Tschampa explained why.
Green Car Congress
AUGUST 26, 2016
The auto industry is divided on the issue. While Tesla won’t be involved in second life, BMW, Nissan and Mercedes Benz have second-life stationary storage projects in place. In contrast, repurposing used EV batteries could cost as little as $49/kWh in 2018, with an additional $400/kWh cost to convert to stationary.
CN EV Post
MARCH 13, 2023
percent from the same period last month, according to figures from automotive industry consultancy ThinkerCar. BMW's NEVs registered 1,486 insurance units in China last week, down from 1,663 units the week before. Insurance registrations for all passenger cars in China were 308,700 units in the week of March 6 to March 12, down 10.6
Baua Electric
FEBRUARY 28, 2024
President of the ACEA and CEO of Renault, Luca de Meo told the press this week at the Geneva Motor Show that the auto industry wants no part in arguing “against the regulation,” reports Automotive New Europe. “We There is no way the industry can go back to square one. We are not contesting 2035,” said de Meo.
Green Car Congress
MARCH 20, 2020
Joining BMW, Ford and FCA in suspension of production in the US due to COVID-19 ( earlier post ) are: Toyota is temporarily suspending production at all of its automobile and components plants in North America, including Canada, Mexico and the US, through 3 April. Tesla will suspend production at its Fremont plant on 23 March.
Green Car Reports
JUNE 18, 2015
German carmaker BMW may be on the cusp of the most radical transformation in its history--one that will stun the auto industry if it comes to pass. Virtually every BMW model would be powered by.
Teslarati
JULY 8, 2022
As the auto industry splinters over the switch to electric vehicles, Volvo Cars AB is the second major manufacturer to leave Europe’s auto lobby. “We have one of the most ambitious plans in the industry, but we can’t realize zero-emission transport by ourselves.” I respect their leadership.
Teslarati
JANUARY 3, 2022
IG Metall is the dominant metalworkers’ union in Germany, making it the country’s largest union and Europe’s largest industrial union. With over two million members today, IG Metall currently represents workers from some of the auto industry’s biggest players, such as Daimler, Porsche, BMW, Audi, and Volkswagen.
Green Car Reports
JANUARY 25, 2018
As the auto industry plans more electric cars in higher volumes for the 2020s, one of the great debates is whether they will need to be designed from the ground up solely for battery power. Doing so allows designers to offer larger cabins due to the more compact drive motors and electronics.
CN EV Post
MARCH 12, 2023
The price war in China's auto industry continues, with Volkswagen becoming the latest to join in. 1 = RMB 6.8695) China auto price war: BMW dealers offer discounts of up to $14,360 for i3 The post VW joins China auto price war, offers up to $5,820 discount on ID. percent to 221,946 units, according to the CPCA.
CN EV Post
APRIL 12, 2023
Starting this week, insurance registration data will no longer be available, with Li Auto's sharing a surprise exception. The major sources that provide insurance registration data for China's auto industry have stopped sharing the data, but Li Auto (NASDAQ: LI) has shared content that allows us to still have access to some of the data.
Teslarati
JULY 22, 2021
TSMC is a major chip manufacturer in the industry, along with Samsung Electronics Co. Semiconductor shortages halt BMW and Daimler production lines. Chips will play a more significant role in the auto industry moving forward. “I am engaging almost daily with industry.
CN EV Post
MARCH 9, 2023
The China Passenger Car Association (CPCA) announced on March 9 the top selling models and car companies in China in February, presenting a panoramic view of the Chinese auto industry. 10 BMW 5 Series 25,737 35,444 -27.4% 4 BMW 5 Series 9,609 9,352 2.7% 5 BMW 3 Series 8,868 10,185 -12.9% 8 NIO 12,157 6,131 98.3%
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