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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

Green Car Congress

The average new EV sold for $58,940 in March, according to Kelley Blue Book (KBB) estimates—well above the industry average. Still, March’s upward movement of EV average transaction price (ATP) was a bit of a surprise, said KBB, since Tesla, the automaker with the largest share of EV sales, has cut prices three times in recent months.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. Sales volumes in November were up year over year by more than 11%, but down from October. of total sales in November from 17.8%

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Scorpio-N and other SUVs power Mahindra sales in February grow by 40%

Baua Electric

By: HT Auto Desk | Updated on: 01 Mar 2024, 12:25 PM Mahindra and Mahindra recently retained the crown as India’s largest SUV manufacturer. The Scorpio SUV is currently the best-selling model from Mahindra and Mahindra. Mahindra sold 42,401 units of utility vehicles last month, which also include its flagship SUVs.

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Auto dealers bet big on new launches, positive sentiment for car sales boost

Baua Electric

Read more FADA is betting big on new car launches, positive consumer sentiments, high demand for SUVs, and improved availability of cars for short and long-term passenger vehicle sales growth in 2024. This comes after the Indian automobile industry registered sales of more than 41 lakh passenger vehicles in 2023.

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Creta, Exter help Hyundai India post its highest-ever monthly sales in January

Baua Electric

By: HT Auto Desk | Updated on: 01 Feb 2024, 12:48 PM Hyundai India has attributed its positive sales performance in January 2024 to the high demand for SUVs like Creta and Exter. Hyundai India has attributed its positive sales performance in January 2024 to the high demand for SUVs like Creta and Exter.

India 52
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SUVs power best-ever February, India PV Inc set for 4.25 million sales in FY2024 | Autocar Professional

Baua Electric

Sales in the leap-month of February 2024 have leaped to an all-time high – estimated at over 370,000 units and an 11% year-on-year growth (February 2023: 334,790 units). The utility vehicle (UV) segment which comprises SUVs and MPVs, continues to do the heavy lifting for the industry. million passenger vehicle sales.

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China auto sales sluggish on consumer sentiment, improvement expected in Q2, says Deutsche Bank

CN EV Post

(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. million to 1.75

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