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. 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?
Teslarati
FEBRUARY 28, 2023
Honda and its partner LG Energy Solutions have broken ground on their first joint venture battery production location in the United States. Honda is far from a leader in the electric vehicles market, but with a series of investments , they hope to change that over the next decade. Lee, CEO of the Honda/LG joint venture.
Baua Electric
MARCH 15, 2024
Nissan and Honda are forming a new EV partnership after falling behind leaders like Tesla and China’s BYD. Nissan and Honda form EV partnership to keep pace Yesterday, Electrek reported that Nissan and Honda were considering partnering up to introduce more affordable EVs. It’s official.
Teslarati
APRIL 25, 2023
Honda appears ready to go full electric and dive into the increasing competition in the EV industry. At the same time, Honda plans to increase its annual sales of electric motorcycles to 3.5 Now, Honda is setting ambitious goals for its electrification business. million units by 2025. Its 2030 goal is to sell 3.5
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.
Green Car Congress
DECEMBER 16, 2012
To create the largest impact, the researchers concluded, emphasis should be placed on the largest producers of vehicles; the five largest producers of automotive vehicles in the United States are General Motors, Ford, Toyota, Chrysler, and Honda. Cost to manufacture is one of the main considerations. General Motors.
The Truth About Cars
APRIL 22, 2024
Dealers are often the first group to sound concerns when something changes in the auto industry, whether they’re justified in their complaints or not. Executives from the automakers have dodged questions about the situation, noting that they wanted to leave their options open as market conditions evolve.
Green Car Congress
MARCH 20, 2020
Honda will suspend production for six days beginning 23 March, with current plans to return to production on 31 March. Honda transmission and engine plants in North America that serve Honda auto plants also will suspend production for the same time period. Tesla will suspend production at its Fremont plant on 23 March.
Teslarati
JANUARY 24, 2024
A new mass-market electric car that would be built on this platform is reportedly codenamed “Redwood.” The publication’s sources also noted that in recent years, Tesla tore down a Honda Civic to study how to manufacture affordable cars.
Green Car Congress
JUNE 29, 2021
The research on electric vehicle uptake around the world is clear: electric vehicle manufacturing growth happens where there are strong national policies designed to spur the market forward. Great promotional events and bold aspirational statements by the domestic auto industry can’t mask the facts. million over the same period.
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
OCTOBER 16, 2020
The next step in the Connected Vehicle space is to begin working with the auto industry manufacturers. To that end, THEA is proud to announce that it is collaborating with Honda R&D Americas, LLC, Hyundai America Technical Center, Inc. The current plan is for the OEMs to deploy six of the CV Pilot apps.
Baua Electric
FEBRUARY 2, 2024
Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The rules haven’t been finalized, but that process could be completed as soon as March, the industry journal noted. car dealers and dealership managers.
CN EV Post
MARCH 9, 2023
(Image from BYD's Weibo) As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged. This is a limited-time marketing campaign valid from March 10 to March 31, BYD said.
Baua Electric
JANUARY 17, 2024
This has been a point of debate in the auto industry, as many appealed to the government to lower the tax rate for hybrid cars considering they are less polluting than the pure petrol models. This propelled several automakers in both the mass-market and luxury segment to launch hybrid cars.
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.
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 […].
Baua Electric
JANUARY 5, 2024
At a time when global automakers are looking beyond China towards India for a reliable and best cost base, the Minister of Commerce and Industry Piyush Goyal said the Indian auto industry should target to increase their share of exports to at least 50 percent. It should be at least 50 percent.
Green Car Congress
JULY 23, 2010
An editorial in Japan’s Nikkei argues that Japanese automakers need to respond aggressively to compete in the rapidly changing global market for electric vehicles.both Toyota and Honda had until recently thought that the era of hybrids would continue for a while before electric vehicles began to gain popularity.
Green Car Congress
JANUARY 8, 2014
A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the auto industry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.
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.
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? ’“ This is one of the reason Honda reintroduced the Insight, they wanted the Insight to be a unique body style rather than a powertrain option on a Civic. by Bill Cooke. Truly Green Consumers.
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. “We don’t have any know-how, even in Honda.”
Teslarati
FEBRUARY 2, 2022
share of the US EV market in the fourth quarter. . “In the auto industry, Detroit is leading the world in electric vehicles. Tesla, as well as other carmakers like Toyota and Honda, do not utilize union labor. Credit: General Motors. You know how critical it is?
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.
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.
Baua Electric
JANUARY 30, 2024
The data was released yesterday by the California New Car Dealer’s Association (CNCDA) in their quarterly Auto Outlook. This was the Q4 and full-year report, reflecting on trends in auto sales for the full year in the state that leads the US in EV sales. Compared to a national market share of 7.5%, EVs commanded 21.4%
Green Car Congress
JULY 27, 2015
The company must pay a $70-million cash penalty—equal to the record $70 million civil penalty the agency imposed on Honda in January. In addition, Fiat Chrysler must spend at least $20 million on meeting performance requirements included in the Consent Order. —NHTSA Administrator Mark Rosekind.
Teslarati
NOVEMBER 9, 2021
And based on filings with the Securities and Exchange Commission (SEC), Rivian is looking to enter the public markets in a big way — and it is setting its ambitions very high. Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 Target Valuation.
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 […].
Green Car Congress
JANUARY 22, 2011
The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. With regard to investment in global growth markets, respondents predict increased investment in China (58%), India (50%), Brazil (41%) and Russia (33%). US automaker gains in market share.
Green Car Congress
JUNE 3, 2010
On the heels of the Indianapolis 500 last weekend, the IZOD IndyCar Series has released a new engine strategy that reflects the downsizing trend in the larger commercial market. All cars in the 2010 Indy Series are using 100% ethanol-fueled Honda Indy HI10R normally-aspirated V-8 engines, with 3.5L cubic liters. displacement.
Cars That Think
MARCH 11, 2023
Purveyors of EVs would have a new public-policy rationale backing up their market. It occurred in the wake of the California electricity crisis of 2000 and 2001, when mismanaged deregulation, market manipulation, and environmental catastrophe combined to unhinge the power grid. AC Propulsion’s experiment was timely.
Clean Fleet Report
APRIL 1, 2021
The auto industry is not known as a second career for comedy writers. Honda confirmed it will sell two electric SUVs based on GM’s Ultium platform by 2024. Stellantis even showed off a fuel cell electric delivery van that will be on the European market later this year. It happens every year.
The Truth About Cars
FEBRUARY 29, 2024
Despite focusing its quest for real estate in a country neighboring the United States, Reuters quoted Li as saying that the facility will exclusively serve the Mexican market. It boasts roughly the same shape as a Honda Fit (Jazz if you’re European) with a maximum range of about 170 miles. We're not planning to come to the U.S.,"
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 Cars News
JULY 3, 2009
It believes that many of the domestic industry’s problems stem from an underestimation of US consumer demand for green cars. This failure, it believes, has prompted US car manufacturers to lose market share to foreign rivals and particularly those from Japan such as Toyota and Honda. Leave a comment with your thoughts.
Plug In Partners
JANUARY 26, 2006
Editorial Trying to Find the Road Ahead Published: January 24, 2006 W ith its bonds downgraded to junk and its market share on the ropes, Detroit's auto industry almost looks to be in a free fall. At Detroit's auto show, it unveiled a Chinese car that Geely plans to upgrade and sell in the United States in 2008.
Green Cars News
JULY 5, 2009
After months of doom and gloom for the auto industry in the USA, there is finally a ray of hope courtesy of hybrid cars. Indeed sales of hybrids have significantly out-performed the total light duty vehicle market, which dropped by 27.7 Honda: Total hybrid sales hit 3,662 units for American Honda, up 34.5
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