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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. But simultaneously, luxury German automakers have mysteriously not seen the same rapid declines in stock prices, some (Porsche) even increasing in value over the same timeframe.

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US Auto Industry Down 8% Since 2019

CleanTechnica EVs

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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US Auto Industry Down 3+ Million Sales (19%) Since 2019

CleanTechnica EVs

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%).

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US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019

CleanTechnica EVs

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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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

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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17.7% of Porsche USA Sales Electric, 4.8% of Volkswagen USA Sales Electric — Crushing BMW, Ford, Nissan, & Chevrolet Figures

CleanTechnica EVs

I wrote a piece last week on US electric vehicle sales in the 2nd quarter of 2021. The unfortunate thing for those of us who would like to see Europe-level EV sales as quickly as possible is that non-Tesla EV sales in the US are quite pitiful. Of course, some pure-Tesla fans are happy about […].

USA 101
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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

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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