Turmoil In The US Could Roil Global Auto Industry
The US auto industry is in for a bumpy ride as new tariffs on all cars manufactured in Canada and Mexico are on the horizon.
The US auto industry is in for a bumpy ride as new tariffs on all cars manufactured in Canada and Mexico are on the horizon.
I just published our big quarterly report on US auto sales trends in the past 5 years, including brand-specific trends. However, I’ve done something else this quarter for the first time. I’ve crunched the numbers to determine changes in electric car sales and changes in fossil fuel car sales across … [continued]
It’s time again to look back on quarterly US auto sales, comparing Q3 2024 to Q3 2023, Q3 2022, Q3 2021, Q3 2020, and Q3 2019. In other words, we’re going way back to try to get a good picture of auto sales trends in the country. Of course, a … [continued]
A few recent trends got me thinking that we might be seeing a “last gasp” for oil lovers and apologists as they try to cling onto their oil-related wealth and cultural inertia. I’ll give the most credit to a comment from a reader, Tom Storey, under a recent article of … [continued]
Much has been said in recent months about supposedly slumping EV sales growth. As we’ve pointed out on a number of occasions now, EV sales are actually soaring at many automakers in the USA, including at Ford, GM, Rivian, Audi, BMW, and several others. However, it seems there’s a brewing … [continued]
The US auto industry is in a very interesting place. In this US auto industry sales report, I compare 1st quarter (Q1) sales going back 5 years. It’s been an interesting roller coaster, especially due to the COVID-19 pandemic, but now that we’ve gone past that, it’s extra interesting to … [continued]
We recently produced several exclusive reports on US electric vehicle sales and overall US auto industry sales trends. Via those reports, you can explore the top automakers or auto brands in terms of their own internal EV share or in terms of their share of the overall EV market, or … [continued]
In 2019, full electric vehicle (EV) sales were 1.4% of US auto sales. In 2020, they had risen to 1.7%, and in 2021, they had risen to 3%. Growth seemed a bit slow, too slow. However, in the past two years, things have changed much faster. In 2022, US EV … [continued]
The US auto industry continues to grow following its long recovery from the COVID-19 epidemic and economic shutdown of 2020–2021. In the 4th quarter of 2023, US auto sales rose 8% compared to the 4th quarter of 2022. Meanwhile, pure electric vehicle (BEV) sales rose by 29%. So, despite the … [continued]
The US auto industry is bouncing back compared to the past couple of years, but it’s still significantly below its pre-COVID days. Sales in the 3rd quarter of 2023 were 16% higher than sales in the 3rd quarter of 2022 and the 3rd quarter of 2021. However, they were only … [continued]