In full-year 2023, Toyota Motor Corporation (including Lexus, Daihatsu, and Hino) increased worldwide sales by 7% to over 11 million cars.
The U.S. auto industry sold nearly 3.12 million cars in 2023. That year, total car and light truck sales were approximately 15.5 million in the United States. U.S. vehicle sales peaked in 2016 at roughly 17.5 million units. Pandemic impact The COVID-19 pandemic deeply impacted the U.S...
2023 (January to December): Mercedes-Benz passenger car and SUV sales in the USA were slightly weaker but van sales increased by 8% to lift sales for the entire group by 0.2% to 351,746 vehicles. Electric vehicle sales increased by 248% to 43,202 cars for a 15% market share of overa...
“greenflation,” as demand for batteries pushes up prices for key materials involved in making them, according to strategists in Goldman Sachs Research. They expect battery costs to increase 6% in 2023 from the year before: “Given that initial costs for an EV are higher t...
By Gabby Chen (JW Insights) Feb 7 -- China's auto sales fell last month because of the Chinese New Year holidays and after the country's purchase subsidies on new energy vehicles ended last year, reported Yicai Global on February 3. Meanwhile, The country's overall auto industry had a ...
Global car sales fluctuated over the past years amid disruptions in the industry. In 2023, car sales worldwide grew past pre-pandemic levels.
In this blog post, we will dive into the world of conquest marketing strategies by exploring various opportunities that can empower dealers to boost their sales in 2023. Additionally, we will discuss how dealers can optimize their conquest marketing tactics in the coming year, ensuring sustained su...
China's car sales quickened in September as NEV sales surged;Several foreign banks have lifted China GDP growth forecast for 2023.Here’s what you need to know about China in the past 24 hours 中国经济要闻 Car sales in China increased 4.7 percent in September from the same month a year ...
Not many people, however, know that the car was a horrible mess, both sales-wise and in terms of performance. The car became widely known for its disappointing lack of power and performance, which was very disappointing considering its high price tag and Lamborghini-style appearance. The car ...
Several foreign banks have lifted China GDP growth forecast for 2023. Here’s what you need to know about China in the past 24 hours 中国经济要闻 Car sales in China increased 4.7 percent in September from the same month a year ago, official data showed, boosted by more people buying discou...