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We’ve had a lot of signs that the electric car market has been rising for a lot of time, and its shares have risen through 2016 even more, but now we know that they shot up by 37%. We’ve got approximately over 30 battery-powered and plug-in hybrids offerings on the market, that’s like 159,139 vehicles for the US. It’s the 70 percent year-over-year increase in monthly sales, which helped build the momentum to stronger overall sales. Of course, the sales jump by 37% comes following a five percent decline in sales from 2014 to 2015. The slight increase has spurr...
2016 was the third straight year Americans bought fewer hybrids, plug-ins, and diesels than the year before. Even so, we have all the signs for the industry to get well in 2017, and show positive sales and new records. Last year, green car sales fell about 11 percent from the previous year, to about 446,000 units. We say "about" because Tesla Motors continues to be cagey when it comes to breaking out how many of its electric vehicles were purchased in the US, while South Korea's Hyundai and its sister company Kia are among those who won't break out hybrid sales at all. 2...
Automakers are on the cusp of a second record-breaking year for sales as dealers made an end-of-year push to empty their lots over the weekend. But even as the industry hopes to let the confetti fall on 2016, it must brace for a slowdown that analysts project will come to a head in the new year. Many analysts anticipate a photo finish when carmakers report their annual hauls Wednesday, with some forecasting that 2016 will edge out the previous year’s sales of 17.5 million autos by as few as 5,000 vehicles. If those projections prove true, 2016 would mark the seventh consecutive year of r...
Not even a week has passed since Uber introduced a fleet of self-driving Volvo XC90s to the streets of San Francisco, all in defiance of California regulators telling Uber to stop. Since then, the autonomous Volvos have been seen running red lights, ignoring stop signs, and failing to yield to pedestrians, obviously all dangerous and illegal moves. It seems there is one more problem to add to that list, as Uber has admitted to The Guardian that its vehicles have problems navigating through bike lanes. Like with the other incidents, there have been first-hand reports of Uber's Vo...
The car sales in November increased only a bit, which isn't a good sign specialists say. Retail sales rose only 0.1 percent in November, after a downwardly-revised 0.6 percent growth in October. Consumers bumped up their purchases at restaurants and furnishers last month. But they also trimmed spending at auto dealers and department stores, limiting the overall advance in retail sales. More Americans had seemed to enter the holiday season poised to shop. The improving job market has pushed unemployment down to 4.6 percent and prompted signs of accelerating wage growth. Over the ...
