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.
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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Lexus forces customers to make a hard decision
Teslarati
OCTOBER 3, 2022
Lexus has reported their Q3 sales stats, and its current vehicle offerings are forcing customers to make a difficult choice. Looking at Lexus’s sales stats for Q3, the brand is struggling. Perhaps the Lexus ISF or Lexus LC to live out their performance vehicle dreams. What do you think of the article?
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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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Shanghai auto show: Deutsche Bank's preview
CN EV Post
APRIL 17, 2023
While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)
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Road Test: 2022 Lexus RX 450h F Sport AWD
Clean Fleet Report
AUGUST 25, 2022
Lexus knows its loyal owners want improvements, but nothing too radical. So when they are ready to get their next car, the Lexus RX 450h F Sport will certainly not disappoint, and in many ways impress them with the changes from their previous model. The audio system is compatible with Apple CarPlay, Android Auto and Amazon Alexa.
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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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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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Q1 Auto Sales Up Overall, Challenges Remain
The Truth About Cars
APRIL 3, 2024
The combined might of Honda and Acura counted for 333,824 sales while Lexus and Toyota claimed 565,098 new customers. Recognizing some major brands – ahem, Ford – have yet to rise off their duffs and report numbers as of this writing, the American car industry was up about 8 percent through the first quarter of 2024, notching 2.6
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Tesla is no longer just a luxury brand, says major auto outlet
Teslarati
MARCH 16, 2024
Tesla price cuts push EV market toward affordability with broader influence In 2022, Tesla’s prices were higher and were competing with companies such as Mercedes-Benz, Aston Martin and Lexus. The post Tesla is no longer just a luxury brand, says major auto outlet appeared first on TESLARATI. average car price.
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Used Tesla vehicles crush industry average depreciation despite price cuts
Teslarati
APRIL 26, 2023
Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners. According to this report, the average used Tesla Model 3 and Model Y has only depreciated roughly 10% over the past three years, which is significantly less than counterparts from Mercedes, Lexus, and even Porsche.
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How Lexus’ tech spouse Mirriad reaches multicultural shoppers in pristine tactics
Baua Electric
MAY 5, 2023
. “I realized early on how much of a game changer this technology is for industry, but even more so, as a woman of color myself as a Latina. ” With Mirriad’s support, Lexus has won tens of millions of perspectives thru song movies. Lexus dad or mum corporate Toyota Motor Corp. The spot has 6.8
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J.D. Power: quality takes a back seat to innovation as problems reach a record high
Green Car Congress
JUNE 23, 2023
In 2023, the industry average is 192 PP100. The automotive industry is facing a wide range of quality problems, a phenomenon not seen in the 37-year history of the IQS The industry is at a major crossroad and the path each manufacturer chooses is paramount for its future. According to the newly released J.D. Nissan Motor Co.,
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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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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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US Auto Sales Down 21% vs. Q3 2019 — Tesla Up 169%
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 […].
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Toyota and Lexus roll-out low-cost automated braking safety packages on RAV4 Hybrid and RX crossover
Green Car Congress
MARCH 30, 2015
At separate press conferences Wednesday and Thursday at the New York Auto Show, Toyota will reveal the RAV4 Hybrid SUV, while Lexus unveils its all-new fourth-generation RX luxury crossover SUV. Lexus Safety System +. Lexus LDA alerts the driver with an audio-visual alert as well as steering wheel vibration.
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Toyota CEO steps down, opening up possibility of new EV strategy
Teslarati
JANUARY 26, 2023
Lexus head Koji Sato will replace him. Akio Toyoda’s goals within the auto industry were clear. spending spree to develop EV battery tech by 2030 Toyota’s new CEO, Koji Sato, who previously headed the Lexus brand , will be taking the reins, and he has already hinted at a change in direction. Toyota plans $13.6B
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Lexus UX small crossover may get hybrid version that Toyota C-HR won't
Green Car Reports
MARCH 17, 2017
For better or worse, many Toyota models ultimately donate their underpinnings to the Japanese automaker's Lexus luxury brand.
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Shanghai auto show: Full schedule of 150 press conferences for exhibitors
CN EV Post
APRIL 14, 2023
As the first major auto show after the Covid opening in China, the Shanghai auto show, which will start next week, is highly anticipated, with more than 100 press conferences by car companies and supply chain players on media days. Li Auto (NASDAQ: LI), whose booth is 6A04, also located in Hall 6.1, is the media area.
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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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J.D. Power Discovers Dealer Service Satisfaction Rises Amidst Extended Wait Periods
The Truth About Cars
MARCH 15, 2024
Photo credit: Standret / Shutterstock.com The auto industry has seen a rebound in customer satisfaction with dealer service experiences this year, marking a positive shift. However, dealers are still facing challenges due to shortages in parts and labor, which have contributed to increased wait times for service appointments.
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Detroit auto display vows to form a comeback in 2023. However which automakers can the display trap again?
Baua Electric
JUNE 9, 2023
Organizers are promising that the 2023 North American Global Detroit Auto Display will quality extra emblem participation and automobile unearths than extreme time, even supposing it’s concealed which firms plan to go back to the mid-September match. ” The post Detroit auto display vows to form a comeback in 2023.
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Toyota Financial Services issues first Euro-denominated Green Bond allocated specifically to the sales of low-emission vehicles; €600M
Green Car Congress
NOVEMBER 21, 2017
The €600-million (US$704-million) bond will be used to fund the acquisition of new retail finance contracts and beneficial interests in lease contracts for Toyota and Lexus vehicles that meet specific clean air criteria, including powertrain, fuel efficiency and emissions. Qualifying Lexus vehicles include the CT 200h and ES 300h.
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Toray To Supply Toyota and Fuji Heavy With Carbon Fiber For Auto Bodies
Green Car Congress
OCTOBER 10, 2010
Toray Industries Inc. TMC) and Fuji Heavy Industries Ltd. FHI) with carbon fiber for car bodies later this year—the first use of carbon fiber for auto bodies mass-produced in Japan. Toyota reportedly will use carbon fiber for the hood and roof of the Lexus LFA, a luxury sports car to be produced starting in December.
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Japanese officials raid a Toyota group plant after the company admitted cheating on engine testing – ET Auto
Baua Electric
JANUARY 31, 2024
Hours after the probe began at Toyota Industries Corp.’s ” The testing scandal comes at a time of otherwise stellar performance for Toyota, which makes the Camry sedan, Prius hybrid and Lexus luxury models. reported it sold over 11 million vehicles in 2023 to retain its status as the world’s top car manufacturer.
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Teijin Chemicals develops resin enabling new auto body designs
Green Car Congress
JULY 4, 2012
Recently it has been adopted for the luggage door garnish on the Lexus HS250h hybrid sedan. The automotive industry has prioritized vehicle weight reduction and improved fuel efficiency amid increased concerns about global warming and fossil fuel consumption.
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87% of US Tesla drivers say they’ll buy another Tesla
Baua Electric
APRIL 9, 2024
Photo: Tesla Tesla maintains an 87% brand retention rate, with Lexus (68%) and Toyota (54%) trailing, according to a new Bloomberg Intelligence survey. Bloomberg Intelligence’s research shows that prospective auto purchasers who already own a BEV are extremely loyal to their cars. ad* FTC: We use income earning auto affiliate links.
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Toyota takes on new, yet familiar EV strategy
Teslarati
FEBRUARY 13, 2023
It’s new, yet familiar, as the company will utilize its Lexus brand to push its electrification techniques, but it won’t be an accelerated process. According to comments from the upcoming executive to Reuters , Toyota will focus on the electrification of its Lexus brand before moving to broader market consumer offerings.
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November 2023 Sales Across 12 BEV Models Up A Combined 7% Versus October
EV Adoption
DECEMBER 4, 2023
While many news stories, automakers, and analysts continue to claim that demand has fallen greatly for EVs and inventory is ballooning at dealers, actual reported sales continue to be relatively strong, despite a 20-year high in auto loan interest rates.
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Kia EV9, Genesis EV prices cut with generous $7,500 discount offer
Baua Electric
APRIL 22, 2024
That’s more than Lexus and Lucid. Range (miles) Light RWD $56,395 230 Light Long Range RWD $60,695 304 Wind e-AWD $65,395 280 Land e-AWD $71,395 280 GT-Line e-AWD $73,900 270 2024 Kia EV9 trim prices and range Starting under $55,000 (excluding destination), Kia calls the EV9’s starting price a “wake-up call” to the industry.
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Toyota Land Cruiser could spawn two new EVs to rival Mercedes, Land Rover
Baua Electric
JANUARY 19, 2024
The automaker continues to stand by its hybrid tech, which could set it further behind as the industry goes all-electric. Toyota (including Lexus) sold nearly 9.4 FTC: We use income earning auto affiliate links. million vehicles globally last year. Only 1%, or about 95,000 were all-electric.
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Tesla is crushing the US’ luxury vehicle registrations year-to-date
Teslarati
AUGUST 15, 2022
Tesla’s new vehicle registrations in the US grew 61% in the first half of 2022, allowing the electric vehicle maker to handily beat veteran rivals such as BMW and Lexus in overall sales, not just in the EV segment. Experian ‘s data did not just show that Tesla has taken the top spot in the United States luxury auto segment.
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Toyota cumulative global hybrid sales pass 5M, nearly 2M in US
Green Car Congress
APRIL 17, 2013
Toyota and Lexus sell 19 hybrid models and one plug-in hybrid in 80 countries and regions around the world. Twelve of the models are available in the United States, including seven from Toyota and five from Lexus. Total industry hybrid sales are roughly three percent of the US car market. Click to enlarge.
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Is Toyota’s chairman losing it? says EVs will only reach 30% share, ignoring Norway, China
Baua Electric
JANUARY 23, 2024
The comments come despite several auto markets, like Norway and Sweden, already well past that. Toyoda, the grandson of the automaker’s founder, has been one of the most vocal opponents as the industry shifts to electric. EVs represented under 6% of total auto sales in China in 2020. of all auto sales last year.
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Toyota sold over 100,000 EVs last year, but that’s still less than 1% of its total sales
Baua Electric
JANUARY 30, 2024
Although Toyota held its title as the top-selling automaker, the industry is shifting beneath it. Between the Toyota and Lexus brands alone, a record 10.3 FTC: We use income earning auto affiliate links. Toyota sold over 100,000 EVs in 2023, but that’s still less than 1% of the record 11.2 million vehicles handed over last year.
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USA Q1 2021 Auto Sales Up 13% vs. Q1 2020, But Down 1% vs. Q1 2019
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 […].
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A cheap Toyota EV? Not right now, the company says
Baua Electric
JANUARY 16, 2024
With rivals like VW planning to launch its ID 2all electric car, starting at around $27,000 (€25,000), Toyota could risk giving up market share as the industry transitions to electric. Toyota (including Lexus) sold nearly 9.4 FTC: We use income earning auto affiliate links. By then, Toyota could fall further behind.
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SiriusXM buying connected vehicle unit of Agero for $530M
Green Car Congress
AUGUST 15, 2013
Following the acquisition, SiriusXM will provide connected vehicle services to more automotive manufacturers—including Acura, BMW, Honda, Hyundai, Infiniti, Lexus, Nissan and Toyota—than any other telematics provider. The acquisition of Agero’s connected vehicle business is a natural fit for Sirius XM.
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INRIX and Parkmobile bring end-to-end parking solution to the connected car
Green Car Congress
MAY 19, 2016
The two will partner to develop an embedded, end-to-end parking solution for the auto industry. INRIX is the preferred provider of parking information and services to leading automakers, including Audi, BMW, Lexus and Porsche, as well as transportation agencies and drivers around the world. INRIX, Inc.,
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Event: WAJ Media Day: A Million Dollar Drive
Clean Fleet Report
AUGUST 4, 2021
Western Automotive Journalists (WAJ), a Northern California association for automotive writers, annually brings together journalists to drive an assortment of cars, trucks, crossovers and SUVs as well as taking time to discuss current and future product with automotive industry representatives. Lexus ES 300h F Sport (2022).
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Rising stock boosts July incentives, led via EV offer
Baua Electric
AUGUST 4, 2023
“Resilience in consumer purchases remains the driving factor that is supporting the industry and the economy.” to 191,684 for the Toyota and Lexus manufacturers mixed. The post Rising stock boosts July incentives, led via EV offer appeared first on Bauaelectric Auto News. million mild cars on Aug. 1, up 14 p.c
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