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.
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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.
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%).
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. MBG stock chart by TradingView.
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?
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%.
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.
Baua Electric
JANUARY 23, 2024
Automotive suppliers, too, have made hefty investments in the shift to electric, and now they are seeing their markets being hit due to slower uptake than expected and the fact that car sales are “historically low,” reports the FT. FTC: We use income earning auto affiliate links. Get started here.
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.
Baua Electric
JANUARY 31, 2024
Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. But now that is expected to change course, as EV sales are projected to drop – by 14% – for the first time in eight years. Still, the decline isn’t all that shocking: Germany’s passenger car market, VDA expects it to shrink by 1% to 2.82
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).
Teslarati
FEBRUARY 8, 2023
Automobili Pininfarina has announced today that it is again expanding its dealership network in the United States as it looks to take advantage of the small number of electric hypercars currently on the market. Moreover, mainstream brands like Porsche, Mercedes, and Audi have yet to electrify their highest-performance offerings.
CN EV Post
MARCH 9, 2023
A rare price stampede is taking place in the Chinese auto market. BMW officially made the BMW i3 available in China on March 31, 2022, when only one version, the BMW i3 eDrive35L, was offered, and only for the Chinese market. Cailian today quoted a Mercedes insider as saying there is no such thing.
Clean Fleet Report
SEPTEMBER 15, 2022
The 2022 Mercedes-Benz S500 4MATIC are these and much more. The front grille sets the tone for the S500 as the flagship vehicle in the Mercedes-Benz line-up. Make sure to visit the Mercedes-Benz dealership in the evening to get the full impact of the touchscreen. Where Luxury and Technology Meet. Traditional. The standard.
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 […].
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 […].
CN EV Post
APRIL 12, 2023
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. Li Auto didn't specify what the sales figure was based on, though they were apparently insurance registrations.
Teslarati
FEBRUARY 9, 2023
“We think our customers still deserve a $7,500 credit for choosing an EV,” said Zak Edson, Lucid’s Vice President of Sales and Service. However, that discount only applied to vehicle leases, limiting its impact and making options from competitors like Tesla and Mercedes all that more attractive.
Green Car Congress
MARCH 15, 2018
The goal of the mandate is to improve the environment by spurring the sale of vehicles with alternative powertrains thus reducing carbon emissions. —Auto Alliance. The bill would take effect 1 July 2018. Maryland is one of nine states that has adopted California’s ZEV Mandate.
Green Car Congress
SEPTEMBER 16, 2015
Carlos Ghosn, Chairman and CEO of the Alliance, described the partnership as “ one of the most productive in the auto industry. ”. It has accelerated the time-to-market for vehicle launches and has been an obvious strategic advantage for each partner. —Carlos Ghosn. Nissan and Daimler will co-develop the vehicles.
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.
Green Car Congress
MAY 22, 2013
Tesla brought its Roadster sports car to market with a 30% gross margin, designed electric powertrains for Daimler (Mercedes) and had done preliminary design of the Model S all before receiving a government loan. Finally, this announcement is also good news for the future of America’s growing electric vehicle industry.
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 […].
Green Car Congress
JULY 23, 2021
Mercedes-Benz is getting ready to go all-electric by the end of the decade, where market conditions allow, shifting from electric-first to electric-only. By 2022, Mercedes-Benz will have battery electric vehicles (BEV) in all segments the company serves. — Ola Källenius, CEO of Daimler AG and Mercedes-Benz AG.
Push EVs
JULY 15, 2023
share of the market in H1 2022 has halved, to 5.66% in H1 2023. BEVs also took a moderate trim to their incentives from January 1st, which led to relatively slow sales at the start of this year. This is more in line with the plugin weightings in the other large European markets of France and the UK. Their decent 11.2%
Green Car Congress
APRIL 7, 2010
The Renault-Nissan Alliance knows how to work successfully in collaborative partnerships, and this experience is extremely valuable in today’s and even more tomorrow’s global auto industry. Right from its market launch, the jointly developed future models will also be available with an electric drive. Powertrains.
Clean Fleet Report
JANUARY 4, 2022
This was done in a year when almost all other automakers posted drops in sales. One vision of the near future from Mercedes. The impact on the auto industry, particularly the still growing electric sector, could be profound. Fisker looks to join the crowded market. What’s all this mean?
Qnovo
MARCH 2, 2021
At a market capitalization exceeding $700 billion, Tesla enjoys a unique financial position among all auto manufacturers to expand its investments in electric vehicles and infrastructure. We are in the midst of deep disruption to the auto industry. There is a split opinion among auto manufacturers.
Push EVs
JANUARY 8, 2023
The tide has turned in the electrification of the German auto market, with plugin electric vehicles taking the majority of sales for the first time in December. of the month’s passenger auto sales, with full electrics taking a third (33.2%) and plugin hybrids taking over a fifth (22.2%). Plugins took 55.4%
Green Car Congress
MAY 18, 2009
The US auto industry, via the Alliance of Automobile Manufacturers, is lining up to support a new national, harmonized program to reduce carbon emissions and fuel consumption that President Obama will announce on Tuesday, 19 May. This approach allows for a range of sizes of vehicles to meet consumer needs for passenger and cargo room.
CN EV Post
APRIL 12, 2023
Zeekr CEO believes that despite having a presence in the compact car market, German luxury brands are not offering any truly competitive luxury products. Image credit: CnEVPost) German luxury automakers are seeing a loss of share in the premium market in China as they are slow to make the transition to electrification.
Cars That Think
JANUARY 17, 2023
Stellantis is offering certain higher salaried US employees separation packages to help its “transformation to become a sustainable tech mobility company and the market leader in low-emissions vehicles,” a company spokesperson said. million employed in the industry at large, or about 5 percent of the U.S. Ford is not alone.
Baua Electric
MAY 14, 2024
Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Retreating behind tariff walls or outright bans will further isolate America’s auto industry into a Galapagos market of ridiculous trucks sold at nosebleed prices.” Three recent accounts stand out from the pack.
Cars That Think
MARCH 28, 2023
Not likely, counter Mercedes-Benz’s chief technology officer Markus Schäfer and Renault Group CEO Luca de Meo. The articles are based on scores of interviews I conducted with managers and engineers in the auto and energy industries, as well as policy experts, academic researchers, market analysts, historians, and EV owners.
Teslarati
AUGUST 24, 2022
CN seems to be hyper-focused on developing its green supply chain and catering to the auto industry. Canada becoming EV “supplier of choice” Recently, Volkswagen and Mercedes Benz signed separate agreements with Canada for battery EV materials. Canada’s agreement with Mercedes Benz seems more open-ended.
EV Central
DECEMBER 28, 2022
Tesla briefly entered the list of top sellers, with the Model Y also topping the SUV sales charts in September. Throw in one of the best sound systems of any new car – that includes Bentley, Rolls-Royce, Mercedes-Benz, etc – and you have a tempting package that plays in the EV sweet spot. Bruce Newton: BYD Atto 3.
Get Electric Vehicle
MAY 28, 2022
A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. According to the research, worldwide and US electric vehicle sales increased by 40% and 4%, respectively over the year.
Plug In India
NOVEMBER 9, 2021
In this week’s episode we will talk about about Toyota - the behemoth in the car world and their poor plans for EV's which will result in them loosing significant market share by 2030. The entire auto industry has given up on investing in Hydrogen cars. I will tell you later, how they will lose their market share.
Cars That Think
JANUARY 23, 2023
Many in the auto industry are warning that realistic BEV range numbers under varying conditions need to be widely published , else risk creating a backlash against EVs in general. However, other automakers like BMW are quite unabashed about going after the luxury market which it terms “ white hot.”
Tony Karrer Delicious EVdriven
APRIL 21, 2009
Our PRIUS+ Project Photos PHEV Resources Global Warming Take Action News and Events Contact Us How Carmakers are Responding to the Plug-In Hybrid Opportunity If you ask, "have major auto-makers come around on PHEVs?", Daimler/Mercedes Took over Daimler/Chrysler Sprinter PHEV program. Raising money to bring a PHEV to market.
Tony Karrer Delicious EVdriven
APRIL 21, 2009
’s expertise on the auto industry in general, we are concerned that in its understanding of future pathways, it offers a flawed analysis and predictions based on business-as-usual, notes a posting on the California Car Initiative’s Web site. There’s plenty of room in the market for both. and Chrysler.
Green Car Congress
JULY 17, 2015
In the past the auto industry has responded to incentives and guidelines set by government agencies and reengineered their product to meet this requirement. This change is unlikely to happen unless the proper marketing forces and new industries are created. Similar processes can be followed again.
Tony Karrer Delicious EVdriven
APRIL 16, 2009
Seeking Alpha Home The Macro View Stocks & Sectors Global Markets ETFs Investing Ideas Breaking News Transcripts Register | Login Email: Password: Forgot Your Password? Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. In addition to Smart Grid City, another major EV/V2G initiative is unfolding.
EV Sales
MARCH 22, 2021
DISCLAIMERS AND CREDITS The score is multi-faceted rather than representing solely consumer sales. The lion’s share of credit for source data goes as usual, to Jose Pontes and his EV Sales Blog. more than the original Sales Blog, since it was more detailed and up-to-date. It *is* literal madness to keep doing it.
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