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Genesis is quietly outpacing luxury rivals as EV availability expands into new states

Baua Electric

The luxury Genesis brand is outpacing rivals, closing in on Porsche and Land Rover in sales as its all-electric models expand into new states. After overtaking Nissan’s Infiniti luxury brand in 2022, Genesis is aiming for more. The sportier Magma brand is designed to spread awareness and boost sales.

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Tesla US Sales Up 104% While US Auto Industry Down 22%

CleanTechnica EVs

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

Green Car Congress

Sales volumes in November were up year over year by more than 11%, but down from October. The elevated prices and high loan rates are likely putting downward pressure on sales. Strong luxury vehicle sales have been a primary reason for overall elevated new-vehicle prices. of total sales in November from 17.8% in October.

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Genesis unveils new G80 EV Magma concept teasing latest Tesla Model S Plaid rival

Baua Electric

Genesis revealed the G80 EV Magma Concept alongside its newly designed Electrified G80 at the Beijing Auto Show. The luxury automaker’s sales have grown in the US, its second-largest market, from 7,000 in 2016 to over 69,000 last year. Genesis’ EV sales quadrupled in the US last year, outpacing Lexus and Lucid.

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Penske buys 2 North Carolina luxurious dealerships

Baua Electric

The gang’s web site lists alternative shops in North Carolina and South Carolina promoting Mercedes, Porsche, Infiniti, Maserati, Alfa Romeo, Jaguar, Land Rover, Buick, GMC and Cadillac cars. of Penske’s retail car gross sales within the quarter, with BMW and Miniature accounting for 25 p.c Baker Motor Co.,

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US Auto Sales: Tesla Had Highest % Increase from Q2 2019 to Q2 2021, 5th Highest Volume Increase

CleanTechnica EVs

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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USA Q1 2021 Auto Sales Up 13% vs. Q1 2020, But Down 1% vs. Q1 2019

CleanTechnica EVs

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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