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Last year the U.S. auto sales set an all-time record for the first time in 15 years. The slow but steady economic recovery, low interest rates and depressed gas prices managed to make the 2015 economic environment a carmaker's dream. Unfortunately, this dream may morph into a full-fledged nightmare in just a few short years at least for members of the industry establishment like Ford Motor Co. (ticker: F), General Motors Co. (GM), Honda Motor Co. (HMC) and Toyota Motor Corp. (TM) If we take a look at the U.S. vehicle sales in 2016 thus far, we'd see no particular reason to p...
July's green-car sales results, while still somewhat tepid, were enough to make auto-industry watchers downright patriotic, as increased demand for Ford and General Motors' hybrids and plug-in vehicles partially salvaged what was still a tough month. In fact, take out the impact of Volkswagen's continued stop-sale on diesel vehicles (of which more than 8,000 were sold in July 2015), and green-car sales were about dead-even with year-earlier figures. As it was, US green-car sales fell 17 percent to about 40,500 units. As for plug-in vehicles, demand spiked 20 percent from a year ear...
It seems like the energy independence is getting stronger in the US car market. The leading company that has brought this modernization into the country is Tesla Motors. There are of course and other companies which had positive impact on the hybrid-cars sales like Chevrolet. This July can be called a memorable month for green cars thanks to the 48% surge, mostly on Tesla vehicles, but we need to not forget also about Chevy Volt, BMW i3, Ford Fusion Energi and Chevy Spark EV. Other EV models have also felt a powerful sales growth, but even so their volumes are smaller than the ...
According to the latest data from General Motors, the second-generation Chevy Volt continues to rack up impressive sales numbers. It has been announced that the sales of the Chevy Volt have now reached 100,000 units. This is probably due to a growing demand for alternatively powered automobiles. Steve Majoros, Director of Marketing, Chevrolet Cars and Crossovers, says that the model delivers not just a fun driving experience behind the wheel. It has become the first vehicle with plug-in electrification technology to truly become mainstream. Last month, GM's plug-in hybrid sold a...
Electric car sales are rising in US, it seems like green cars are finally being appreciated as they deserve to be. This July was the 22nd consecutive month of rising hybrid car sales. It's been registered 19,252 sold green cars in the first six months of the year, which is a 31.9% increase. Sales have grown exponentially since the first months of 2011, when only 625 models were sold. Nissan's head said the surge suggested the tipping point for mass EV uptake is close. It was the highest-selling purely electric model between January and June, with 2,336 units sold, but the be...
