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.
US Auto Industry Down 3+ Million Sales (19%) Since 2019
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%).
Hyundai surpassed Volkswagen Group’s operating profit
Teslarati
MAY 13, 2024
Hyundai Motor Group surpassed Volkswagen Group’s operating profit for the first time in Q1 2024. As of the first quarter, Hyundai has the second-highest operating profit in the global automotive industry. In Q1 2024, Hyundai Motor Group reported an operating profit of $5.09 billion, slightly below Hyundai.
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US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry is truly on the rebound. In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] But was it just a lucky little blip?
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Tesla US Sales Up 104% While US Auto Industry Down 22%
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%.
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Creta, Exter help Hyundai India post its highest-ever monthly sales in January
Baua Electric
JANUARY 31, 2024
By: HT Auto Desk | Updated on: 01 Feb 2024, 12:48 PM Hyundai India has attributed its positive sales performance in January 2024 to the high demand for SUVs like Creta and Exter. Hyundai India has attributed its positive sales performance in January 2024 to the high demand for SUVs like Creta and Exter.
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Hyundai Motor India clocks best-ever sales in January | Autocar Professional
Baua Electric
FEBRUARY 1, 2024
Hyundai Motor India has opened CY2024 on a very strong note, having registered its best-ever monthly wholesale numbers in January. At 57,118 units, January 2024 sales are a strong 14% year-on-year increase (January 2023: 50,106 units). This is the second fiscal on the trot that Hyundai has surpassed the half-a-million milestone.
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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race
The Truth About Cars
AUGUST 14, 2023
Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 million units manufactured in 2022.
US Auto Sales Down 8% in Q3 2023 vs. Q3 2019
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.
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Hyundai announces new Hail Mary EV production goal
Teslarati
APRIL 11, 2023
Hyundai has announced it aims to become a top three global automaker by 2030, primarily through the production of electric vehicles. Hyundai and its subsidiary brands Kia and Genesis are top contenders in EV sales in many parts of the world, including in the United States, where the group has consistently ranked as a top three EV seller.
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Tesla Now 8th Best Selling Auto Brand In USA — US Auto Sales Up 9%, But Down 11% vs. 2019
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.
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Hyundai will ‘take the bull by the horns’ with a new EV brand in the world’s biggest market
Baua Electric
FEBRUARY 1, 2024
Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. The automaker is betting on custom EVs to revamp sales in the region. Fully electric vehicles accounted for over 23% of new car sales last year in China, with 6.68 South Korea’s Hyundai wants its piece of the booming market.
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Rural demand & SUVs propel India’s record-breaking car sales in FY24
Baua Electric
APRIL 1, 2024
Read more Rapid surges in SUV sales have propelled the growth in rural market sales for all the carmakers in India, while demand for small cars has slumped significantly. Rural India emerged as the driving force behind the record-breaking sales of passenger vehicle sales in FY24. Rural sales of 7.87
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Hyundai reaches 10M mark for Elantra/Avante worldwide
Green Car Congress
OCTOBER 31, 2014
Elantra is Hyundai’s first model, and one of only 10 cars in the history of the auto industry to reach 10 million sales. In the US market, Elantra won the prestigious North American Car of the Year award in 2012 and is built at Hyundai Motor Manufacturing Alabama in Montgomery, Ala.
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Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto
Baua Electric
MAY 4, 2024
Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. Magna said it expects full-year 2024 sales of USD 42.6 billion to USD 44.2 billion to USD 45.4
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Brezza, Fronx SUVs continue to power Maruti sales in January
Baua Electric
FEBRUARY 1, 2024
By: HT Auto Desk | Updated on: 01 Feb 2024, 16:46 PM Maruti Suzuki’s SUV sales is fast catching up with the sale of its compact cars like Baleno, Swift among others. Maruti Suzuki’s sales in India continues to be boosted by the popularity of its SUVs like Fronx, Grand Vitara, Brezza and Jimny.
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New milestone in 2023: What drove India to record over 41 lakh car sales
Baua Electric
JANUARY 3, 2024
By: Mainak Das | Updated on: 03 Jan 2024, 13:42 PM India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. Sales of new passenger vehicles in India recorded 41 lakh units milestone, marking around 8.2
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BYD EV sales grew nearly 50% in January as exports reached a new high
Baua Electric
FEBRUARY 1, 2024
After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January. BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. BYD’s PHEV sales were up 21% to 95,715 last month.
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Can small car segment bounce back by 2026? Trends suggest otherwise
Baua Electric
MAY 10, 2024
By: HT Auto Desk | Updated on: 10 May 2024, 13:15 PM The small car segment, which includes the hatchbacks, once ruled the Indian auto industry with nearly half the market share. From the 1990s, small cars led by Maruti Suzuki and Hyundai Motor, were the backbone of the Indian auto industry.
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US Auto Sales Down 21% vs. Q3 2019 — Tesla Up 169%
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 […].
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US Auto Sales: Tesla Had Highest % Increase from Q2 2019 to Q2 2021, 5th Highest Volume Increase
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 […].
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Hyundai breaks ground for third plant in China; total China capacity of up to 1M units by 2012
Green Car Congress
NOVEMBER 29, 2010
Hyundai Motor Company has begun construction of a third plant in China to respond to growing demand in the world’s largest automobile market. Beijing Hyundai Motor Company (BHMC), a 50-50 joint venture between Hyundai Motor and Beijing Automotive Industry Holding Co., 28 in Shunyi District, Beijing. million units.
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European auto industry proposes further 20% cut in passenger car CO2 by 2030 from 2021; conditional on EV uptake and infrastructure; no ZEV mandate
Green Car Congress
SEPTEMBER 13, 2017
of total new car sales. ACEA represents the 15 Europe-based car, van, truck and bus manufacturers: BMW Group, DAF Trucks, Daimler, Fiat Chrysler Automobiles, Ford of Europe, Hyundai Motor Europe, Iveco, Jaguar Land Rover, Opel Automobile, PSA Group, Renault Group, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
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GM’s rosy year-end figures obscure the fact that legacy automakers are in deep trouble – Charged EVs
Baua Electric
JANUARY 8, 2024
Duplicitous doublespeak has become de rigueur dialect in the auto industry. “We We strongly believe in EVs,” say auto dealers as they support efforts to slow the EV transition. The latest example of Orwellian Newspeak comes from GM, which touted “another year of firsts” in its US Q4 and Full-Year Sales report.
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Tesla sold 75% of EVs in Q1 2022, maintaining its dominance on the US market
Teslarati
APRIL 26, 2022
Tesla vehicle sales accounted for 75% of all EVs sold between January and March 2022. Tesla’s Model 3 and Model Y vehicles made up 68% of US EV market sales in Q1 2022. Based on those calculations, the Model S and Model X vehicles made up 7% of Tesla’s vehicle sales in the last quarter. As per Automata Corp.
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More auto plant shutdowns for COVID-19
Green Car Congress
MARCH 20, 2020
Honda transmission and engine plants in North America that serve Honda auto plants also will suspend production for the same time period. Hyundai Motor Manufacturing Alabama (HMMA) has already suspended production in all areas, for all shifts, on 18 March, following the confirmation of a case of COVID-19 among its workforce.
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Tesla bucked the industry with its Q1 results — now TSLA is seeing momentum
Teslarati
APRIL 4, 2022
Tesla ( NASDAQ:TSLA ) essentially bucked the auto industry in the first quarter of 2022. In the United States, new vehicle sales fell about 12% in the first quarter compared with a year ago. General Motors noted that its sales were down 20% for the quarter, while Toyota’s sales fell by 15%.
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Hatchbacks not giving up territorial rights so easily | Autocar Professional
Baua Electric
MAY 18, 2024
What’s more, in March 2024, for the first time, the top two vehicles sold were SUVs—Tata Punch and Hyundai Creta. Now, SUVs make up more than half of India’s PV sales. Therefore, SUVs seem to be winning with annual sales of over 2 million units. Hatchbacks saw peak sales in 2017-18, at 1.5 lakh to Rs 8.2
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Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?
EV Adoption
JANUARY 22, 2022
Sorry, however, we do not break out those sales numbers; that is the same as when we communicated with one another, over 2nd-quarter sales last year (the vehicles’ 1st quarter of sales). Auto Industry Analyst. Rick Deneau, Stellantis. I can’t tell you our exact number but if they beat RAV it was very narrow.
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USA Q1 2021 Auto Sales Up 13% vs. Q1 2020, But Down 1% vs. Q1 2019
CleanTechnica EVs
APRIL 26, 2021
Tallying up US auto sales for Q1 2021 at long last, I was only slightly curious to see how they compared to Q1 2020 (and perhaps that’s why it took me so long). Clearly, with the US in lockdown for part of Q1 2020, it was just a poor quarter to compare to and this […].
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EV chargers increasingly a ‘necessity’ at LA apartments and stores
Teslarati
SEPTEMBER 25, 2023
As the auto industry transitions to electric vehicles (EVs), many have aired concerns that there will not be enough charging stations. The company has since been joined by General Motors, Mercedes-Benz, Rivian, Hyundai, Honda and more. in the coming years. Tesla gets big win in Texas with NACS requirement What are your thoughts?
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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability
Green Car Congress
JULY 2, 2018
Besides affordability, the report identified a balanced supply of charging and refueling infrastructure as a pre-requisite for stronger sales of alternatively-powered vehicles across the EU. The Commission has proposed a ‘benchmark’ for the sales of full battery-electric cars at the level of 15% by 2025, and 30% by 2030.
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Chinese language EV makers pin hopes on Europe’s auto sellers
Baua Electric
SEPTEMBER 17, 2023
The a hit ones, like Toyota and Hyundai, handiest slowly crept upper within the ranks and not posed an actual blackmail to Volkswagen’s dominance. Tesla’s good fortune Now, the {industry}’s paradigm shift to EVs is developing unheard of alternative for newbies.
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Tesla Now Selling More Vehicles In USA Than Lexus, Volkswagen, Mercedes, BMW, & Many Others
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 […].
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Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional
Baua Electric
MARCH 2, 2024
With a mature manufacturing ecosystem, India is poised to contribute to global sustainable mobility solutions, fostering both domestic and international growth in the auto industry. The electrification of vehicles in India has gained remarkable momentum, surpassing one million EV sales in the first nine months of 2023.
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Forget the Milano EV – Alfa Romeo changes name to something non-Italian-sounding
Baua Electric
APRIL 15, 2024
Of course, plenty of vehicles bear names of cities that have no connection whatsoever to their production sites (Kia Sorento and Rio, Hyundai Santa Fe and Tucson, Toyota Tacoma, Chevrolet Malibu, etc.), Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.
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Driving Towards a Sustainable Future: The Rise of Electric Autos in India
Baua Electric
FEBRUARY 7, 2024
Current market trends and growth of electric autos in India The market for electric autos in India is experiencing rapid growth, driven by various factors such as government incentives, technological advancements, and changing consumer preferences. Mahindra & Mahindra is another major player in the electric auto industry.
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137. BATTERY MANAGEMENT IS DISRUPTING THE VALUE CHAIN IN ELECTRIC VEHICLES: THE CHANGING SUPPLY CHAIN — PART 2
Qnovo
MARCH 2, 2021
We are in the midst of deep disruption to the auto industry. Consequently, the automotive supply chain will change materially as the sales of electric vehicles (EV) dominate over the coming decade. In the fall of 2020, Hyundai recalled 82,000 Kona electric vehicles over risk of battery fires. Hyundai blamed LG Chem.
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EVs dominated the UK car market in December
Push EVs
JANUARY 9, 2023
The UK’s auto market saw plugin electric vehicles take 39.4% share of new sales in December, a new record, up from 33.2% Overall auto volumes were up 18% year on year in December, but still down compared to pre-2020 norms. In terms of volumes , December saw BEVs grow 1.53x from a year ago, to 42,284 sales. year on year.
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Hyundai Motor Group plans to become top 3 EV manufacturer by 2030; investing US$18.2B in Korean EV market
Green Car Congress
APRIL 12, 2023
Hyundai Motor Group (the Group) today announced its goal to become one of the world’s top 3 EV manufacturers by 2030 through the combined sales of Hyundai Motor, Kia and Genesis electric models, at the groundbreaking ceremony of Kia’s dedicated plant for purpose-built vehicle (PBV) production in Korea. million units by 2030.
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Auto Alliance urges EPA to withdraw premature Final Determination on light-duty GHG regulations, resume Midterm Evaluation process with NHTSA
Green Car Congress
FEBRUARY 23, 2017
This request by the Alliance echoes a similar, earlier request by Global Automakers, the trade association representing the US divisions of 12 international automakers (Aston Martin, Ferrari, Honda, Hyundai, Isuzu, Kia, Maserati, McLaren, Nissan, Subaru, Suzuki and Toyota). Earlier post.).
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2022 Hyundai Ioniq 5: First of an aggressive wave of new EVs
Charged EVs
JULY 29, 2021
The 2022 Hyundai Ioniq 5 should be taken very seriously when it goes on sale this fall. 4 are already on sale. But the Ioniq 5 and its underlying technology show how serious Hyundai-Kia has become about offering EVs that appeal to mass-market buyers. The same platform also underpins an EV from Hyundai’s sister brand, Kia.
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At CES, legacy automakers scramble to keep up in AI arms race – ET Auto
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. The transition to software-dominated cars is challenging. General Motors on Dec.
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