#vehicle-sales

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#electric-vehicles

BYD Closing In on Ford's Production Volumes

BYD sold 502,757 vehicles in October, marking a 66.5% year-on-year increase, and is set to surpass Ford's sales.

Tesla China sells 68,280 vehicles wholesale in October 2024

Tesla China experienced a substantial drop in vehicle sales in October 2024, indicating potential challenges in the market.

Tesla Cybertruck just landed its first big sales achievement

The Tesla Cybertruck was the best-selling vehicle priced over $100,000 in the U.S. in June, impacting Tesla's average transaction prices positively.

The Biggest Plug-In Hybrid Maker In The U.S. Had A Rough Q2

Stellantis reported a 21% decline in vehicle sales in the U.S. in Q2 2024, with a significant slowdown in plug-in hybrid sales compared to previous quarters.

BYD Closing In on Ford's Production Volumes

BYD sold 502,757 vehicles in October, marking a 66.5% year-on-year increase, and is set to surpass Ford's sales.

Tesla China sells 68,280 vehicles wholesale in October 2024

Tesla China experienced a substantial drop in vehicle sales in October 2024, indicating potential challenges in the market.

Tesla Cybertruck just landed its first big sales achievement

The Tesla Cybertruck was the best-selling vehicle priced over $100,000 in the U.S. in June, impacting Tesla's average transaction prices positively.

The Biggest Plug-In Hybrid Maker In The U.S. Had A Rough Q2

Stellantis reported a 21% decline in vehicle sales in the U.S. in Q2 2024, with a significant slowdown in plug-in hybrid sales compared to previous quarters.
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#auto-industry

Lower-priced new cars are gaining popularity in the U.S. and not just for cash-poor buyers | CBC News

The U.S. auto industry is experiencing an 'affordability shift' as consumers opt for lower-priced vehicles due to rising costs.

This Is the Best-Selling Truck in Your State

Pickups have shifted from work vehicles to family-oriented daily drivers, leading to a surge in market popularity.

Lower-priced new cars are gaining popularity in the U.S. and not just for cash-poor buyers | CBC News

The U.S. auto industry is experiencing an 'affordability shift' as consumers opt for lower-priced vehicles due to rising costs.

This Is the Best-Selling Truck in Your State

Pickups have shifted from work vehicles to family-oriented daily drivers, leading to a surge in market popularity.
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#automotive-industry

Tesla's sales are finally picking up

Tesla's vehicle sales are rebounding after two quarters of decline, showing significant production and delivery increases.

Car buyers are switching to discount models as average price breaks $47,000

A shift towards purchasing smaller, less costly vehicles is growing as buyers seek affordability amidst rising car prices and economic uncertainties.

Tesla's sales are finally picking up

Tesla's vehicle sales are rebounding after two quarters of decline, showing significant production and delivery increases.

Car buyers are switching to discount models as average price breaks $47,000

A shift towards purchasing smaller, less costly vehicles is growing as buyers seek affordability amidst rising car prices and economic uncertainties.
moreautomotive-industry

2 Things Car Buyers Must Do Today

Thoroughly compare financing options to save money in the long run.

Would you pay $13,984 for 10-year-old Southern California car?

Southern California drivers face high costs for older used cars, driven by market demand and rising prices.
Older cars make up a larger share of used car sales, reflecting affordability trends.
The quality of older vehicles has improved, increasing their appeal to budget buyers.
#consumer-preferences

Small cars are hot again - because they're cheap

Americans are turning to small cars due to affordability constraints, rather than preference for larger vehicles.

This Is the Best-Selling SUV in Your State

SUVs dominate the U.S. vehicle market, making up 80% of sales in 2023, up from 47% in 2019.

Small cars are hot again - because they're cheap

Americans are turning to small cars due to affordability constraints, rather than preference for larger vehicles.

This Is the Best-Selling SUV in Your State

SUVs dominate the U.S. vehicle market, making up 80% of sales in 2023, up from 47% in 2019.
moreconsumer-preferences
from 24/7 Wall St.
3 months ago

Are Used Tesla Prices Killing New Tesla Sales?

Used Tesla Model 3s are competitively priced against new ones, potentially impacting new sales.

This Is the World's Largest Car Company

The U.S. is the second largest automotive market globally.

California new vehicle sales run flat. Here's where they slumped

California new car dealers face flat start in 2024, with sluggish sales compared to the rest of the nation.
#electric-cars

Honda And Acura Sold 1,873 EVs In Q2 2024

American Honda reported 1.1% improvement in vehicle sales in the US in June, with 1% of total volume being all-electric cars, which started delivering in April.

Kia Global EV Retail Sales Surged In April 2024

Kia's global vehicle sales in April up 0.6% YoY, surpassing 1 million in first four months. All-electric car sales surged, expecting further growth with new models.

Honda And Acura Sold 1,873 EVs In Q2 2024

American Honda reported 1.1% improvement in vehicle sales in the US in June, with 1% of total volume being all-electric cars, which started delivering in April.

Kia Global EV Retail Sales Surged In April 2024

Kia's global vehicle sales in April up 0.6% YoY, surpassing 1 million in first four months. All-electric car sales surged, expecting further growth with new models.
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#tesla

Tesla's Sales Of Chinese-Made EV Keep Shrinking

Tesla Giga Shanghai's wholesale vehicle shipments in China decreased year-over-year for the third consecutive month, indicating a challenging market situation.

Tesla ramps up EV production, but fails to deliver for investors in Q4 earnings report

Tesla missed analyst estimates for Q4 earnings, warning of slower vehicle sales growth in 2024.
Total gross profit fell during the quarter due to increased operating expenses and the production ramp of the Cybertruck model.

Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Tesla offers special financing incentives, including a 0.99 percent APR for Model Y purchases by May 31.

Tesla's Sales Of Chinese-Made EV Keep Shrinking

Tesla Giga Shanghai's wholesale vehicle shipments in China decreased year-over-year for the third consecutive month, indicating a challenging market situation.

Tesla ramps up EV production, but fails to deliver for investors in Q4 earnings report

Tesla missed analyst estimates for Q4 earnings, warning of slower vehicle sales growth in 2024.
Total gross profit fell during the quarter due to increased operating expenses and the production ramp of the Cybertruck model.

Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Tesla offers special financing incentives, including a 0.99 percent APR for Model Y purchases by May 31.
moretesla

Hyundai U.S. EV Sales Continued To Expand In April 2024

Hyundai's total vehicle sales declined in April, yet the sales of electrified vehicles, especially EVs, showed significant growth.
The Hyundai Ioniq 5 and Ioniq 6 EVs are contributing significantly to the overall sales, with the Ioniq 6 showing exceptional growth.
Challenges lie ahead for Hyundai in maintaining growth in the second half of the year after a positive first half performance.

China Vehicle Sales Rise Further, Boosted by Stimulus Policies, Sales Promotions

China's vehicle sales grew in 2023 due to government stimulus policies
Retail sales of passenger cars in China rose 5.6% from the previous year

China Auto Sales Continued Rising in November on Promotions, New-Energy Vehicle Sales

China's vehicle sales in November rose 26% on year and 2.4% on month, driven by new-energy vehicles and sales promotions.
Overall vehicle sales for this year could be much better than expected.
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