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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 ...
We’re used to seeing the South Korean automotive business flourishing, which is why we were a bit surprised when Hyundai Motor and its smaller sibling Kia Motors revealed these poor sales for May. These car companies registered double-digit fall against a year-ago period as they face tougher challenge from Chinese rivals in the largest automobile market. Hyundai Motor and Kia Motors shipped out a total of 482,968 vehicles last month, down 14.3 percent from a year earlier. Overseas sales of Hyundai Motor came to 307,362 units, down 16.5 percent on year, while those of Kia Motor...
US May car sales finally revealed and surprisingly Ford Motor edged its archival and perennial first-place automaker General Motors sales when it came to sales last month. Although likely a temporary blip, Ford outsold crosstown rival GM by about 3,000 new cars and trucks in May, making it temporarily the largest automaker in the U.S. market. It was the first time Ford outsold GM since March 2016. Before that, it hadn't happened since March 2011. Ford's sales rose 2.4% for the month compared to the same month last year, GM was down 1.4% and the third of Detroit's Big 3, ...
Automakers are expected to report flat US car sales in May vs. a year earlier after demand fell in the first four months of 2017. Smaller and crossover SUVs are expected to offset continued weakness in cars, with General Motors likely to be the biggest beneficiary. Fiat Chrysler and Ford Motor are likely to see new-vehicle sales fall. Japanese automakers such as Honda should eke out tiny gains while South Korea's Hyundai-Kia, with far more cars in the vehicle mix, could see the biggest drop. Tesla does not provide monthly sales figures. Tesla will soon start rolling out its mass-market Mod...
U.S. is Tesla’s the most important market even though it is increasingly focusing on other markets, like China. Admit it, you were just as us shocked when the automaker revealed that it delivered 25,202 Model S sedans in the U.S. in 2015. This huge deliveries gave Tesla a 25% market share in the premium sedan market. Some industry watchers thought that it might be a fluke, but the latest registration data suggests that Tesla is still maintaining its lead in the large luxury sedan segment in 2017. The company’s goal has always been to make the best vehicle possible t...
