Overall, gas car sales decreased by 1% in Q2 2024 compared to Q2 2023. Looking back further, US gas car sales are down 14% compared to pre-pandemic Q2 2019. Looking at all auto sales, the market is just down 8% in that period, showing how much more gas sales have … [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]
Ford has published its June sales report, and it revealed an impressive 117% jump in overall electrified vehicle sales. Note, however, that this includes hybrids. And the company’s electrified vehicles just have a share of 5.7% of Ford’s sales in the first half of the year. Most notably among those … [continued]
After completing my 2020 US Electric Vehicle Sales Report, it crossed my mind that it would be interesting to look at longer-term US electric vehicle and broader car sales trends. So, I found the data and have created 3 charts for you to enjoy and examine below. All 3 charts … [continued]
As everyone knows, the automobile industry has been slammed in 2020, including in the United States. Below is a look at third quarter auto sales across the country as well as auto sales in the first three quarters of the year.
Tesla CEO Elon Musk has repeatedly said — including very emphatically on the last Tesla conference call — that consumer demand is not a problem at all for Tesla. It seems from his comments that there is far more consumer demand than production capacity. However, we don’t know how much more, and we don’t know how that demand is spread out geographically across the world.
US auto sales, as we all know by now, took a massive hit in the second quarter of 2020. After collecting the sales data of 31 auto brands (almost all of them), I decided to dig in a little deeper — and further back in time — to try to get a better sense of trends and which companies are facing particularly challenging mid- to long-term circumstances.
Toyota [NYSE:TM] was reporting monthly sales last year (including sales of luxury brand Lexus), but then didn’t publish a sales report until April, covering the first quarter of the year. “Okay, fine, it is switching to quarterly reporting, too,” I thought.
