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GM: Q2 gross sales up 19% on industrial, SUV positive factors

Baua Electric

light-vehicle gross sales surged 19 % in the second one quarter as all 4 of its manufacturers posted double-digit positive factors. GM stated its retail gross sales rose 15 % time over time, time gross sales via GM Envolve, a newly created unit that mixes fleet and its BrightDrop logo of electrical supply trucks, jumped 34 %.

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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

On a nationwide basis, EV adoption rates have continued to rise steadily, with EV sales now representing 8.6% Luxury EVs Still Wield Outsize Influence on Affordability. Industry-wide, Tesla currently accounts for 63% of all EV sales year to date. Power industry-leading EV data, analytics, insights and solutions.

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Volkswagen wagons in US fall to SUV surge

Green Car Congress

Volkswagen will continue building the Alltrack at the Puebla, Mexico plant through December 2019 to provide enthusiasts additional opportunity to own an affordable, European-designed wagon. Over the past several years, demand among American consumers has shifted from wagons to SUVs. CROZZ electric SUV debuts early next year.

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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. New data shows sales are up while inventory is finally dwindling. billion last year.

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Kia EV9 sales to reach 50,000 within its first year of launching with strong overseas demand

Baua Electric

Despite talk of an electric vehicle “slowdown,” Kia EV9 sales are surging. The electric SUV is on track to reach 50,000 within its first year of launching after being “well received in overseas markets.” According to industry sources (via KEDGlobal ), Kia EV9 sales are likely to reach 50,000 in May. million) in February.

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Ford promises more affordable EVs as it loses money on them

Baua Electric

Sales were down 20% from a year earlier, but revenue was down 84%, something Ford attributed to industry-wide EV price cuts. The post Ford promises more affordable EVs as it loses money on them appeared first on Bauaelectric Auto News. As reported by CNN , Ford said its EV unit lost $1.3

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Tesla Model Y is closing in as Australia’s best-selling SUV

Teslarati

Australia’s electric vehicle (EV) sales reached an all-time high in April, with battery electric vehicles accounting for 8% of the overall new vehicle market. Amid this trend, the Tesla Model Y is making headway toward becoming one of the country’s best-selling SUVs. of overall auto sales. year-over-year increase.

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