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Electric car sales in the U.S. continued their strong showing in February, and that exactly means that despite rumors we’re having another monthly record. The 12,049 plug-ins sold last month translate to roughly a growth rate of 55 percent and plug-ins now stand at a 0.90 percent market share. The big challenge, though, will be March, since that month in 2016 saw nearly 14,000 sales. The best-selling model so far this year has been the Chevrolet Volt, but a maturing market with a growing number of competitors means the differences between the leaders is pretty small. GM ...
Tesla doesn’t even surprise us anymore for showing growth year by year. We weer expecting that the automaker will show steadily growth in 2016, and so it did. Nearly 80,000 Tesla cars were bought by consumers in 2016. Tesla's sales improvements have taken place since it launched its first designed-from-scratch Model S sedan in 2012. In 2015, the Model X SUV was added to the lineup, and the Model S has been progressively improved over the past four years, with the top-end P100D capable of outrunning the fastest, most exotic hypercars in a 0-60 mph sprint. But during the ti...
We have a new forecast for this month’s car sales and it includes a 3.3% drop to only 1.3 million units. Await for a decrease of 21% for the mid-size cars. Even with all the drops and decreases we can still say that the sales pace for the industry is healthy, and what’s more important it looks sustainable, as we head into high volume selling months ahead. Retail growth for manufacturers will be tough to achieve in February, as consumer demand remains relatively flat despite increased incentives. Regardless of the expected dip in overall volume, at a SAAR of more than 17 ...
Predictions for the 2017 global light vehicle sales say that they might reach 93.5 million units, that’s a growth rate of 1.5% over 2016. But even so, industry risk in mature markets is at the highest level it has been since the Lehman Brothers collapse and global industry downturn from 2008 through 2010, and will be a key factor for the near future. Engine propulsion options are expected to have an influence as well. Political uncertainty could cause a significant rift in light vehicle sales both in the U.S. and Europe, as both regions are undergoing fluctuations in policy, l...
US car sales declined during January, we think the reason is pretty obvious: high incentive in December, low sales in January. Even so, the analysts are pretty sure that vehicles sales last month showed good results, and it won’t be the same for February. Customer confidence, better deals on vehicles and low gasoline prices will raise the demand for vehicles once summer sets. The seasonally adjusted annualized sales rate stood at 17.6 million vehicles for the month as compared with 17.9 million vehicles from the last year. Here's a detailed look at the auto sales of the automake...
