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JATO: Euro car market drops 7.9% in June; SUV demand slows; Tesla posts highest market share gain

Green Car Congress

SUV registrations totalled 556,400 units during the month, up by only 0.7% compared to the 552,500 units of June 2018. The noticeable YoY drop can be partially explained by the record month of registrations seen in Sweden in June 2018, which came ahead of a new tax hike which hit the market in July of that year.

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Range Rover plug-in hybrids on sale in U.S. in March 2018

Green Car Reports

Six years after Land Rover confirmed it would introduce a Range Rover plug-in hybrid, the luxury-SUV brand has now provided an official on-sale date. Land Rover Range Rover and Range Rover Sport plug-in hybrid models will both go on sale in the United States in March of 2018.

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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

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For comparison, in March 2018, the luxury share was 14.0% Two luxury brands now have average transaction prices over $100,000: Land Rover and Porsche. Luxury cars and luxury full-size SUVs saw price increases between 0.8% of the market. Buyers continue to pay over MSRP for new luxury vehicles. and 1.6%.

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Ford boosting production targets for full-size SUVs by about 25%; increasing line speed at Kentucky Truck Plant

Green Car Congress

Ford is increasing production of two popular full-size SUVs to meet increasing retail demand for both models. The company is increasing line speed at its Kentucky Truck Plant to build more Lincoln Navigator and Ford Expedition SUVs, boosting production targets approximately 25% since last fall when the SUVs hit the market.

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Demand for battery electric vehicles in Europe doubles in July; growth driven by Tesla and Renault

Green Car Congress

Registrations of BEV, PHEV, HEV and other electric vehicles totalled 96,600 units in July—as demand increased by 29% from July 2018. Consumers bought 505,900 SUVs in July, as demand increased by 8.7%. Volkswagen Group led the SUV segment, as the German maker recorded 25.7% drop on the same period last year.

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Electrified car registrations pass 100K units in Europe for 1st time in March; total reg down 3.6%; Model 3 top EV

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in March 2018, and 44.8% The biggest drops were posted by Mercedes, Renault, Peugeot, Ford and Land Rover. The market continues to be dominated by SUVs, but their growth is slowing. In March, SUV registrations totalled 650,300 units, or 36.8% for small SUVs, and 5.3% for compact SUVs. in March 2017.

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

Five years prior, in December 2018, luxury market share set a record at 16.5%. Luxury cars at all levels were selling below MSRP in December, along with luxury compact and sub-compact SUVs. Mercedes-Benz and Land Rover showed the most price strength in the luxury market, transacting between 2.6% in November.

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