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%).
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
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?
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.
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%.
Baua Electric
JANUARY 8, 2024
market share of the US auto market. It wasn’t that long ago that many bigwigs in the auto industry didn’t see Tesla ever being more than a niche automaker. But the company has made itself undeniable by holding a majority market share in the electric vehicle market in the US.
Baua Electric
JANUARY 31, 2024
Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year.
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. —Klaus Fröhlich, Member of the Board of Management of BMW AG for Development. Earlier post.). —Intel CEO Brian Krzanich.
Green Car Congress
AUGUST 16, 2014
As an example, BMW has launched the i3 electric vehicle, which uses CFRP parts for the complete vehicle structure. This development, together with stricter environmental policies, means a further strong push towards an increasing use of CFRP technology within the automotive 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. The European Commission will reveal its proposal on CO 2 targets for cars post-2021 later this year.
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. For more articles, please visit CnEVPost.
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.
Push EVs
JANUARY 9, 2023
The UK’s auto market saw plugin electric vehicles take 39.4% 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. 4) took December’s second place in BEV market share, and BMW (led by the i4) took 3rd.
Green Car Congress
APRIL 1, 2010
ACEA also encourages the EU to rapidly develop and implement a raw materials strategy to ensure a level playing field on the world’s raw material markets and facilitate broad access to raw materials from third countries at competitive conditions.
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). I nearly closed all my Google Sheets and left the topic of US EV […].
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.
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.
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.
Teslarati
FEBRUARY 7, 2023
Tesla has found astounding success in the German market. Further indicating Tesla’s success in the market, the KBA announced today that the Tesla Model Y was the best-selling EV during January of this year. In total, Tesla sold 4,241 vehicles, showing the Model Y was the clear market leader for the brand.
Baua Electric
MARCH 23, 2024
Automakers are fiercely lobbying governments to water down already-compromised emissions rules, but doing so will only lead to their doom as market entrants that are serious about EVs will continue ramping them anyway. The auto industry is electrifying, and all new cars will be electric in the relatively near future.
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 Congress
AUGUST 26, 2016
This far exceeds the size of the current stationary storage market. 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.
CN EV Post
MARCH 13, 2023
China's passenger vehicle market saw insurance registrations slip last week, with a mixed performance from major new energy vehicle (NEV) makers. percent from the same period last month, according to figures from automotive industry consultancy ThinkerCar. percent from the previous week and down 8.86
Green Car Congress
JANUARY 24, 2017
In fact, expectations for data-driven revenue are so great that 71% say measuring OEM market share based on units sold is outdated. Prior to joining Ford, Tariq was Apple’s Global Marketing and Communication director for Retail. Good-bye to auto-digital fusion, hello to co-integration. Click to enlarge.
Green Car Congress
MAY 27, 2019
The combination would create a brand portfolio that would provide full market coverage with a presence in all key segments from luxury/premium brands, such as Maserati and Alfa Romeo, to the strong access brands of Dacia and Lada, and would include the well-known Fiat, Renault, Jeep and Ram brands as well as commercial vehicles.
Clean Fleet Report
AUGUST 1, 2023
This targets a market the EV industry has been trying to hit for some time. But, there’s still a considerable sub-section of the auto industry market that doesn’t care. Aston Martin, Jeep, BMW and plenty of other brands have shown “cool” EVs. It’s a growing trend, yet one thing about the Mustang stands out.
CN EV Post
APRIL 12, 2023
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. Tesla came in fourth with 6,973 units and Li Auto in fifth. Lexus was No.
Baua Electric
JANUARY 3, 2024
(REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. The Indian passenger vehicle market, valued at ₹ 4.5 This created quite a ruckus in the global auto industry.
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 […].
Teslarati
DECEMBER 9, 2021
Stellantis seems to be fully aware of the opportunities presented by the emerging vehicle software market. The technology, which should allow drivers to take their hands off the wheel similar to Mercedes-Benz’s Drive Pilot , is currently being developed with BMW. .
Teslarati
FEBRUARY 25, 2023
Mercedes made waves in the auto industry earlier this year when it became the first automaker certified to operate level 3 autonomous driving vehicles in the United States, with the first State being Nevada. it likely has a lot of growing to do.
Green Car Congress
MARCH 15, 2018
In order to develop a sustainable market for these vehicles, it is important that all stakeholders from government, automakers, dealers, fuel providers, charging manufacturers, and utilities alike work together to develop a comprehensive and sustained strategy for success. —Auto Alliance.
Green Car Congress
JULY 16, 2012
However, we find different OEMs have dramatically different approaches—their strategies today will change the shape of the auto industry in decades to come. Lux Research analysts examined the growing web of cross-cutting industry relationships. Emerging markets pose challenges.
Baua Electric
FEBRUARY 1, 2024
’” Although BYD is known for its low-cost EVs like the Dolphin electric hatch and Atto 3 SUV, the brand is rapidly expanding into new segments and markets. It’s about transitioning the auto industry for a sustainable future. The EV leader is already taking market share in key markets like Thailand, Brazil, and Columbia.
Green Car Congress
MAY 2, 2009
In a panel session entitled “Does Green Matter in a Try-to-Survive Market?” How big is the green market? You can move from a BMW 3 series into a Prius and be proud. Tags: Hybrids Market Background Policy Vehicle Manufacturers. by Bill Cooke. Even globally the number is relatively small: Region.
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. percentage points between 2014 and 2017.
Teslarati
AUGUST 12, 2022
First, Ford’s investment into Solid Power , a Colorado-based battery lab working on solid-state batteries, has yielded rumoredly ready-to-ship prototypes to Ford and the other major investor BMW by the end of this year. Consumers should be painfully familiar with supply shortages in the auto industry.
Push EVs
JULY 12, 2023
Sweden’s June auto market saw plugin EVs take 59.2% Overall auto volume was 28,283 units, up some 9% YoY, though still below pre-2020 norms. of the market (from 14.0% There were no new faces in the top 20 (nor even any newcomers BEV models to the overall market), but June saw a few personal-best performances.
CleanTechnica EVs
JULY 16, 2021
I wrote a piece last week on US electric vehicle sales in the 2nd quarter of 2021. The unfortunate thing for those of us who would like to see Europe-level EV sales as quickly as possible is that non-Tesla EV sales in the US are quite pitiful. Of course, some pure-Tesla fans are happy about […].
Green Car Congress
SEPTEMBER 11, 2019
The auto industry is also battling an awareness issue with the new technology. Companies such as Tesla, BMW, and Toyota are considered most likely to build a safe and reliable Autonomous Driving Vehicle in the next five years. Another big worry for consumers is the security of the vehicle’s data.
Push EVs
JULY 15, 2023
share of the market in H1 2022 has halved, to 5.66% in H1 2023. Whereas PHEVs previously had almost as much market share as BEVs (see graph below) in Germany, they have now slipped to around one third that of BEVs. This is more in line with the plugin weightings in the other large European markets of France and the UK.
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%
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