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.
How Much Is The German Auto Industry Under Threat?
CleanTechnica EVs
SEPTEMBER 4, 2023
However, at that time, the German auto industry felt confident that it could continue to mainly produce and sell ICE (internal combustion engine) vehicles in Germany while at the […]
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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%).
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. 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?
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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs
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.
China auto price war: BMW dealers offer discounts of up to $14,360 for i3
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.
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BMW electric sales double YOY, soaring EV demand and ‘compelling products’ boost Q3 earnings beat
Electrek
NOVEMBER 3, 2022
Despite lingering supply chain bottlenecks disrupting the global auto industry, the BMW Group achieved record revenue in Q3 as sales and demand for its electric vehicles continue propelling the German luxury automaker forward.
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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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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions
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.
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Say it ain’t so: BMW, Volkswagen, and Renault take aim at Europe’s ICE ban
Baua Electric
MARCH 22, 2024
The heads of BMW, Volkswagen, and Renault have spoken out against European Union’s emission targets in recent days, arguing that the phase-out rules put too much pressure on the industry and that consumers aren’t buying EVs fast enough. FTC: We use income earning auto affiliate links. We are not contesting 2035,” said de Meo.
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BMW Group, Intel and Mobileye bringing Delphi in as partner in autonomous driving platform work
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.).
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Mitsubishi Rayon acquires majority of carbon fiber reinforced plastics company Wethje; targeting auto industry
Green Car Congress
AUGUST 16, 2014
MRC observed that the European Automotive industry is moving towards a full-scale adoption of CFRP parts. As an example, BMW has launched the i3 electric vehicle, which uses CFRP parts for the complete vehicle structure.
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Vision-oriented AI company Recogni raises $25M; investors include Toyota AI Ventures, BMW i Ventures, Faurecia
Green Car Congress
AUGUST 1, 2019
the designers of a vision-oriented artificial intelligence platform for autonomous vehicles, announced $25 million in Series A financing led by GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia, Fluxunit (VC arm of lighting and photonics company OSRAM), and DNS Capital. Recogni Inc. ,
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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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New Leaf battery, Tesla Autopilot, BMW electric-car strategy, Pacific Hybrid recall: Today's Car News
Green Car Reports
JUNE 28, 2017
Today, we've got some auto-industry analysis on BMW's electric cars, two updates on recent stories, a look at Tesla's latest Autopilot, and a takedown of a bizarre Swedish study of the environmental impact of electric cars. With the BMW i5 dedicated electric crossover now apparently dead, and an all-electric.
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BMW vs Tesla; Merkel vs electric cars; $10K off Leaf, i3; Germany's iPhone moment: Today's Car News
Green Car Reports
AUGUST 15, 2017
Today, Tesla and its impact on the German auto industry crop up in two very different reports, you can get $10,000 off an electric car (if you live in San Diego), and we honor Dull and Boring drivers. With continued attention on Tesla's latest product, we ask: is the BMW 3-Series the most direct competitor.
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European Auto Industry Expresses Concern Over Iron Ore Price Hikes
Green Car Congress
APRIL 1, 2010
ACEA members are BMW Group, DAF Trucks, Daimler, FIAT Group, Ford of Europe, General Motors Europe, Jaguar Land Rover, MAN Nutzfahrzeuge, Porsche, PSA Peugeot Citroën, Renault, Scania, Toyota Motor Europe, Volkswagen and Volvo.
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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
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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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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Genesis unveils next step in performance EVs
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.
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China to allow extended sales periods for ICE models based on existing emissions standard, report says
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.
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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto
Baua Electric
JANUARY 17, 2024
The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe.
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BMW To Dump GM, Chooses Toyota As Fuel-Cell, Hybrid Partner?
Green Car Reports
JUNE 28, 2012
It's hard to keep things secret in the auto industry. So when Bloomberg reported yesterday that German luxury maker BMW had broken off talks with General Motors on joint development of fuel cells, writer Dorothee Tschampa explained why.
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BMW To Make Whole Lineup Electric, With Range Extenders, AWD: Report
Green Car Reports
JUNE 18, 2015
German carmaker BMW may be on the cusp of the most radical transformation in its history--one that will stun the auto industry if it comes to pass. Virtually every BMW model would be powered by.
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Enter BMW — with Carbon Fiber
Revenge of the Electric Car
APRIL 12, 2010
2009 BMW Concept ActiveE. BMW MegaCity Urban Electric Car To Be Built of Carbon Fiber. BMW has not commented on the carbon footprint of transporting the materials across three continents and through five plants. BMW MegaCity Urban Electric Car To Be Built of Carbon Fiber. New type of BMW. April 7th, 2010.
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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption
Green Car Congress
JULY 20, 2010
billion in grants have been given to battery and charging infrastructure companies to speed up deployment and the growth of the US electric drive industry. Under the American Recovery and Reinvestment Act, $2.4
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Minority German Party Tries To Block EU Rule To Go 100% BEV By 2035
CleanTechnica EVs
MARCH 5, 2023
While Volkswagen Group plans to go all electric by 2033 in the EU, some German drivers and BMW would like to keep their tailpipe polluters. After agreeing to the EU regulation to ban internal combustion light vehicles by 2035, the FDP, the smallest member of the German governing coalition, is walking back its agreement to […]
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China NEV insurance registrations for week ending Mar 12: BYD 37,141, Tesla 17,032, NIO 2,170
CN EV Post
MARCH 13, 2023
BMW's NEVs registered 1,486 insurance units in China last week, down from 1,663 units the week before. The past week has seen a rare price war in China's auto industry involving not only NEV makers, but traditional internal combustion engine automakers as well.
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98 European Investment Bank Approves €3B in Loans for European Auto Industry
Green Car Congress
MARCH 12, 2009
Companies benefiting from the loans approved today cover a number of EU countries and include BMW, Daimler, Fiat, PSA Peugeot-Citroën, Renault, Volvo Cars, Scania and Volvo Trucks. Loans expected to be approved in the coming months will further broaden the range of beneficiaries and countries targeted by EIB support.
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Li Auto rolls out price protection policy amid China auto price war
CN EV Post
MARCH 13, 2023
The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. He said at the time in the comments section of that Weibo that Li Auto's models would not be reduced in price.
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CAFE Credits For Safer Cars, Tesla P85D Delivered Quickly, 2015 BMW i8 Video Road Test: Today's Car News
Green Car Reports
MARCH 11, 2015
Today we''ve got a proposal from an auto industry trade group that wants to give carmakers extra fuel-economy credits for building safer cars, a report on Tesla Model S delivery times, and a video road test of the 2015 BMW i8 plug-in hybrid. Check out our video road test of the 2015 BMW i8 plug-in hybrid coupe.
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BNEF forecasts cumulative 26 GWh of second-life EV battery storage by 2025
Green Car Congress
AUGUST 26, 2016
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. In contrast, repurposing used EV batteries could cost as little as $49/kWh in 2018, with an additional $400/kWh cost to convert to stationary.
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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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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom
Baua Electric
MARCH 23, 2024
The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.
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Full CPCA rankings: Top-selling models and automakers in China in Feb
CN EV Post
MARCH 9, 2023
The China Passenger Car Association (CPCA) announced on March 9 the top selling models and car companies in China in February, presenting a panoramic view of the Chinese auto industry. 10 BMW 5 Series 25,737 35,444 -27.4% 4 BMW 5 Series 9,609 9,352 2.7% 5 BMW 3 Series 8,868 10,185 -12.9% 8 NIO 12,157 6,131 98.3%
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More auto plant shutdowns for COVID-19
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.
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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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Full CPCA rankings: Top-selling models and automakers in China in Mar
CN EV Post
APRIL 12, 2023
The China Passenger Car Association (CPCA) announced on April 11 the top selling models and car companies in China in March, presenting a panoramic view of the Chinese auto industry. 10 BMW Brilliance 58,320 42,623 36.8% 8 BMW Brilliance 164,429 168,707 -2.5% 7 Li Auto 20,823 11,034 88.7% 8 NIO 10,378 9,985 3.9%
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BMW says it can build electric cars and regular ones on same platforms: interview
Green Car Reports
JANUARY 25, 2018
As the auto industry plans more electric cars in higher volumes for the 2020s, one of the great debates is whether they will need to be designed from the ground up solely for battery power. Doing so allows designers to offer larger cabins due to the more compact drive motors and electronics.
Insurance registrations for week ending Apr 9: Tesla 6,973, Li Auto 4,177, NIO 1,316
CN EV Post
APRIL 12, 2023
Starting this week, insurance registration data will no longer be available, with Li Auto's sharing a surprise exception. 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.
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Mexico To Triple EV Production In 2023
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).
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Stellantis aims to generate $23 billion in revenue with vehicle software by 2030
Teslarati
DECEMBER 9, 2021
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. . Stellantis’ collaboration with BMW is part of a partnership between Fiat Chrysler, BMW, Intel, and Mobileye, which was announced back in 2017.
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BMW Looking To Curb Vehicle Weight With Increased Aluminum
Green Car Reports
AUGUST 9, 2010
Lightweight materials such as carbon fiber are seen by many in the auto industry as one of the most effective ways of reducing vehicle weight and thus improving fuel economy and emissions levels, but the relative expense of the materials often mean that they are still reserved for only a handful of high-end production cars.
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Tesla (TSLA) now has 4.2% of the US auto market
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. It might now sound like much at first, but the auto market is extremely fragmented with only a few capable of having double-digit market shares in the US.
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