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As part of the broader plan to catch up with a shift away from sedans Hyundai Motor plans to launch a pickup truck in the United States. Hyundai's top management has given the green light for development of a pickup truck similar to a show vehicle called the Santa Cruz that U.S. Hyundai executives unveiled in 2015. Hyundai currently does not offer a pickup truck in the United States. Hyundai plans to launch a small SUV called Hyundai Kona in the United States later this year. People familiar with the automaker's plans said the pick-up truck is expected to be launched in...
With Tesla Model 3 deliveries beginning, July may be the last month for a while in which the growth of green-car sales in the U.S. can be measured with some sense of accuracy and perspective, as all signs point to a spike in year-over-year growth from here on out. And with that in mind, things didn't look great last month. In fact, year-over-year sales of hybrids and plug-in vehicles were down for the first time this year, falling 9.6 percent from a year earlier to about 37,600 units. Plug-in-vehicle sales remained on the positive side of the ledger, though they slowed to a 16 ...
Despite the good promotion and ecstatic headlines about the new Tesla Model 3, the car hasn’t managed yet to become number 1, the green market is still being dominated by its big sister Model S. The Chevy Bolt, with a record sales month, took the #2 spot, inching out my estimate for the Model X. After that, the plug-in hybrid Toyota Prius Prime and Chevy Volt round out the top 5. Despite the addition of some extremely quick competitors on its track, the Nissan LEAF landed a healthy monthly sales total — still well above 1,000 cars a month — to take the #6 spot. Aft...
The U.S. demand for hybrids and plug-ins is again ruled by domestic automakers, plug-in vehicle sales surged about 45% to almost 15,000 units. In addition to Tesla, which continues to boost sales but doesn't publish monthly metrics, Ford and General Motors each performed well in May. Green-car sales for the Blue Oval rose 56 percent from a year earlier to 9,221 vehicles, as Fusion Hybrid sales more than doubled, while Ford C-Max Energi plug-in hybrid sales jumped 77 percent. Up the road, General Motors increased green-car sales by 50 ...
About one in seven driving Americans may likely purchase an electric vehicle as their next car, according to an AAA poll, meaning that as many as 30 million Americans may pony up for an electric car within the next three to five years. While some of the motivation is environmental, survey recipients say that lower maintenance expenses and solo access to high-occupancy-vehicle lanes are also among the factors behind potentially going electric. The poll indicates that about as many people are planning to buy an electric vehicle for their next car as are looking to buy a pickup, which...
