Before the powertrain was ready for the CLA, it needed testing, which Mercedes did with an elegant concept called the EQXX. It’s capable of almost 750 miles on a single charge. We tested this silver arrow in 2022, learning quite a bit about how Mercedes’ EV engineers think in the process. As impressive as the 7.44 miles/kWh (8.35 kWh/100 km) Read More
Follow us now… May’s results were essentially a rehash of April’s sales figures, and Kia set records for EV sales last month as well, with the K5, discontinued Rio and Soul just as in April… Source: www.torquenews.com
U.S. new vehicle sales remained remarkably stable through the third quarter of 2022. Sales volume in July was 1.14 million units, and in August it was also 1.14 million units. Sales in September decreased slightly to 1.12 million units. In fact, average monthly sales in the third quarter were 1.13 million units. Source: www.coxautoinc.com
For decades, automakers disrupted the market with price hikes and premiumization. Now they are paying the price in dire amounts. Written by Wolf Richter of Wolf Street. Total new vehicles delivered to U.S. retail customers and fleets (mostly rental vehicles) in 2023 increased 12.4% year over year. Source: wolfstreet.com
Total sales in 2023 increased by 11%.Best year ever for gross and retail sales for Hyundai Set new annual retail sales record for third consecutive year Hyundai’s fourth quarter total sales set a record. 5% up Hyundai’s total sales in December hit a record high. 4% increase Total sales increased for 17 consecutive months
Total sales in 2023 increased by 11%.Best year ever for gross and retail sales for Hyundai Set new annual retail sales record for third consecutive year Hyundai’s fourth quarter total sales set a record. 5% up Hyundai’s total sales in December hit a record high. 4% increase Total sales increased for 17 consecutive months Fountain Valley, California, January 3, 2024… Read More
BMW of North America set a new quarterly benchmark in the third quarter, delivering 4,337 battery electric vehicles. The company is expanding its EV portfolio and expects further sales growth with the BMW i7, which is expected to arrive at U.S. dealerships in the fourth quarter.
DETROIT — Records are made to be broken. But it probably won’t be possible without a fight. A Cadillac and Chevrolet salesman from Dearborn, a suburb of Detroit, appears to have set a single-year sales record in 2017. But this retired Chevrolet dealer has been in the Guinness Book of World Records for over 40 years… Source: www.usatoday.com
But Kia, Toyota, and Honda have almost nothing. By brand and segment, where are there shortages and where are there plenty of supplies? Written by Wolf Richter of Wolf Street. As of the end of August, dealers’ new car inventory and new car inventory in transit reached 1.23 million units and remains at that level. Source: wolfstreet.com
The average listing price of a used car was just over $26,000 in December, which fell for the second consecutive year after soaring due to the pandemic. Analysts say 2024 will be a year of low volatility for used cars. I predict that Used car prices have fallen over the past year – since brought… Source: vnexplorer.net