Cox Automotive Analysis: Hyundai Motors Q3 2023 US Market Performance

South Korea’s Hyundai Motors, which includes the Hyundai, Kia and Genesis brands, is having an impressive year of growth. In 2019, Hyundai ranked 7th in total U.S. vehicle sales. In the third quarter, it overtook Stellantis, Honda, and Nissan to take 4th place, falling behind 3rd place Ford… Source: www.coxautoinc.com

Cox Automotive Analysis: Hyundai Motors Q4 2023 US Market Performance

Hyundai Motor Company set records for U.S. sales in 2023, both as a company and for each of its three brands: Hyundai, Kia and Genesis. The South Korean automaker, which announced its fourth-quarter and full-year results on January 25, ended 2023 as the world’s fourth-largest automaker. Source: www.coxautoinc.com

Cox Automotive Analysis: Nissan Quarterly US Market Performance

Nissan has warned that continued supply chain constraints will affect its profits and that access to computer chips will be key to growth. On Tuesday, November 8th, Nissan will announce its financial results for the July-September period, the second quarter of Nissan’s fiscal year ending March 31st. Source: www.coxautoinc.com

Cox Automotive Analysis: Nissan Quarterly US Market Performance

To echo what Nissan’s U.S. sales chief said about recent quarterly car sales, it’s about how much of a difference inventory makes. In fact, significantly improved inventories after last year’s computer chip shortage led to significant sales increases for Nissan and Infiniti in the United States. Source: www.coxautoinc.com

Cox Automotive Analysis: Hyundai Motors’ 2023 Q1 US Market Performance

Hyundai Motor Co., which includes the Hyundai, Kia and Genesis brands, had a strong first quarter with sales growth in the U.S. far outpacing the industry, despite particularly low Kia inventory. Automakers have cut incentives to historic lows, but average transaction prices… Source: www.coxautoinc.com

OVO And Kaluza Provide EV Charging Service For Volvo Cars

OVO and Kaluza will partner with Volvo Cars to develop electric vehicle (EV) management charging solutions for Volvo Cars and OVO customers in the UK. The solution includes unidirectional smart charging and bidirectional charging, both of which are expected to launch in 2024. The new Volvo EX90 all-electric SUV will also be launched in his 2024 and… Source: energyindustryreview.com