Posts by Tag: New Car Sales»

Automotive

Automotive

New Vehicle Sales Rise for November from Strong Demand

New Vehicle Sales Rise for November from Strong Demand

posted by

In November, the United States anticipates a surge in new vehicle sales, marking a 10.2% increase from the previous year, according to a report by industry consultants J.D. Power and  Full Article »

Automotive

Hyundai and Kia See Strong Demand for EVs Despite Inflation Challenges and Rival Concerns

Hyundai and Kia See Strong Demand for EVs Despite Inflation Challenges and Rival Concerns

posted by

Hyundai and Kia are experiencing robust demand for electric vehicles (EVs) in the United States, according to senior executives who spoke to Reuters ahead of the Los Angeles Auto Show.  Full Article »

Automotive

Lucid Motors Latest Financial Results Show They Lost Over $430K Per Each Vehicle Sold in Q3 2023

Lucid Motors Latest Financial Results Show They Lost Over $430K Per Each Vehicle Sold in Q3 2023

posted by

In the third quarter of 2023 Lucid Motors faced some financial challenges as it looks like they are losing 6-figures for every vehicle they sold during such a time. According  Full Article »

Automotive

Report: U.S. Auto Sales Take a Hit from High Prices and UAW Strike Impact

Report: U.S. Auto Sales Take a Hit from High Prices and UAW Strike Impact

posted by

The U.S. auto industry is experiencing a slowdown in retail demand for new vehicles, primarily attributed to high interest rates and elevated prices. Despite some rebounding in inventories and incentives,  Full Article »

Automotive

Several Major Automakers US Sales Rise in Q3 but Challenges Loom

Several Major Automakers US Sales Rise in Q3 but Challenges Loom

posted by

In the third quarter of the year, several major automakers in the United States have seen an increase in their sales figures. Analysts are optimistic about the industry’s performance, projecting  Full Article »

Automotive

GM Q3 US Sales Rise 21% Fueled by SUV and Truck Demand

GM Q3 US Sales Rise 21% Fueled by SUV and Truck Demand

posted by

General Motors (GM) announced an impressive 21% surge in its third-quarter U.S. auto sales, marking a notable rebound compared to the same period the previous year. The company attributed this  Full Article »

Automotive

Tesla Missed Market Estimates for Q3 Vehicle Deliveries, Shares Slump Slightly

Tesla Missed Market Estimates for Q3 Vehicle Deliveries, Shares Slump Slightly

posted by

Tesla fell short of market expectations for its third-quarter vehicle deliveries due to production disruptions caused by planned factory shutdowns. This unexpected setback led to a 3.7% decline in Tesla’s  Full Article »

Automotive

New Vehicle Sales in US Rise for Sixth Month but UAW Strike Casts Shadow on October Outlook

New Vehicle Sales in US Rise for Sixth Month but UAW Strike Casts Shadow on October Outlook

posted by

In a continuing trend, the United States is experiencing a surge in new vehicle sales, marking the sixth consecutive month of growth. This optimistic projection is rooted in robust demand,  Full Article »

Automotive

Used Cars Cost 33% More Than They Did in 2019

Used Cars Cost 33% More Than They Did in 2019

posted by

The world of automotive enthusiasts and everyday commuters alike has been experiencing some significant changes in recent years. While the allure of brand-new cars remains strong, the reality for many  Full Article »

Automotive

Report: Increased Vehicle Supply and Strong Demand to Cause U.S. Auto Sales Increase in August

Report: Increased Vehicle Supply and Strong Demand to Cause U.S. Auto Sales Increase in August

posted by

In August, the United States is gearing up for a notable surge in new vehicle sales, as detailed in a recent report by industry experts. The driving forces behind this  Full Article »

Automotive

Study: Leasing an EV is the Least Expensive Way to Get a New Car

Study: Leasing an EV is the Least Expensive Way to Get a New Car

posted by

According to a recent study conducted by Energy Innovation, a nonpartisan energy and environmental policy firm, leasing an electric vehicle (EV) stands out as the most cost-effective approach to acquiring  Full Article »

Automotive

Industry Experts: Stockpile of Electric Vehicles on Dealer Lots is Not Decreased Demand but Growing Pains

Industry Experts: Stockpile of Electric Vehicles on Dealer Lots is Not Decreased Demand but Growing Pains

posted by

The seemingly excessive number of electric vehicles (EVs) on dealership lots isn’t indicative of dwindling demand; instead, it’s a result of the EV market’s rapid growth causing temporary imbalances, as  Full Article »

Automotive

Honda Sees 78% Rise in Q1 Profit Boosted by U.S. Sales

Honda Sees 78% Rise in Q1 Profit Boosted by U.S. Sales

posted by

Honda has recently unveiled its impressive financial results for the first quarter of the year. The company experienced a remarkable surge in quarterly profit, boasting a substantial 78% increase. This  Full Article »

Automotive

Subaru Targeting 600,000 EVs Per Year by 2030 Making Up Half of Overall Sales

Subaru Targeting 600,000 EVs Per Year by 2030 Making Up Half of Overall Sales

posted by

Subaru has set ambitious goals for the future of its electric vehicle (EV) offerings. By 2030, the company aims to achieve annual sales of 600,000 battery electric vehicles, which would  Full Article »

Search

Automotive Manufacturers & Categories