Acura

US Gas Vehicle Sales Up Big In November, Still Down In 2019

Tracking monthly US auto sales by company or brand is one of the oddest-feeling things I’ve done in my decade or so covering cleantech. Perhaps that’s because the focus is on tracking non-clean tech. The fact is, though, it shocks me every month to see how many people still buy gasoline cars. Gasoline cars are far worse than electric cars currently on the market for the same cost (or even less). Nonetheless, there are so many people buying clunky, noisy, slow, high-maintenance, low-tech, high-depreciation gasoline vehicles every single day. Objectively, it doesn’t make sense.

Nissan, Toyota, Infiniti, & MINI USA Sales Down In October & 2019; Hyundai, Kia, Honda,…

Tracking monthly US auto sales has been a fascinating endeavor this past year. Unfortunately, we don’t get data from some brands — Tesla, all Ford Motor Company brands, GM brands, and Fiat Chrysler Automobiles brands, Jaguar Land Rover no longer report monthly sales. However, there are 17 brands that do report monthly US sales, so let’s have a look at them.

Tesla Model 3 = 24% of Small & Midsize Luxury Car Sales in USA*

The Tesla Model 3 has taken the US luxury car market by storm. When sales soared through the roof in the second half of 2018, making the Model 3 far and away the best selling luxury car in the country and the best selling car car of any type in terms of revenue, fans were excited for the launch of a new era. Critics, on the other hand, saw it as a temporary boom from early reservation holders that would soon be over, resulting in a crash in Tesla sales, Tesla financials, and the company as a whole.

~450,000 US Luxury Car Buyers A Year Are Lost

I wrote the other day about how crazy it is that there are still tens of thousands of Americans buying Toyota Camrys and Honda Accords month after month. Amidst the hundreds of thousands of views on that story, some people griped that the purchase price of a Model 3 is considerably higher than the purchase price of an Accord or Camry. A point I alluded to repeatedly is that the Model 3, despite a higher purchase price, may well have a lower 5 year cost of ownership than an Accord or Camry for many people. Yes, I’m sure there are some Accord and Camry buyers who couldn’t get financing for the ~$39,000 base price of a Model 3, but there are certainly many other Accord and Camry buyers who could quality for financing for a Tesla Model 3 — and then would reap financial savings over time while enjoying a much better car. But that’s all moot for the focus of this article — luxury cars.

Toyota, Lexus, Mercedes, Acura, Audi, & Infiniti Sales Drop In USA In April

It’s time for another monthly checkup on US auto sales. Surprisingly, more than a million people are still buying the 21st century equivalent of horses every month. I think the most interesting takeaway, though, is quickly running through the companies and car divisions that saw their sales drop last month (compared to the same month in 2018) and then the companies and car divisions that saw their sales rise.