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US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29%

CleanTechnica EVs

The US auto industry continues to grow following its long recovery from the COVID-19 epidemic and economic shutdown of 2020–2021. continued] The post US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29% appeared first on CleanTechnica.

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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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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. Tesla supplier Panasonic slashing domestic EV battery production Poliak also shared that Panasonic Automotive aims to nearly double its sales. It plans to delve into products that could prove lucrative.

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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. 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?

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Ford’s November sales paints revealing picture of US auto industry as EV adoption climbs

Electrek

Ford released its US auto sales for November today, and although electric vehicle sales were up over 100% YOY for the fifth straight month, gas-powered car sales continued to slide. The sales report highlights the direction in which the US auto industry is headed – forward.

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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales.