In full-year 2023, Audi sales in the USA increased by 22% to a record 228,550 deliveries with the Q5 and Q7 the top-selling models in the US.
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...
California is planning to phase-out sales of conventional internal combustion engine vehicles by 2035 — while still allowing for 20% of new car sales to be plug-in hybrids or PHEVs after that time. The state could once again model what an electric vehicle future looks like for the rest of...
The prohibitions on software would take effect for Model Year 2027 and the prohibitions on hardware would take effect for Model Year 2030, or January 1, 2029 for units without a model year. Cui Dongshu, secretary general of the China Passenger Car Association, told the Global Times the prop...
US automakers reported mixed US third-quarter sales, pointing to sluggish demand as consumers contend with affordability challenges and wait for lower interest rates to reach the car lending market.
In the US, discounting offers doubled during the course of 2023. All of the top-10 selling US EVs in the country have discounts, including $5,000 from Tesla for its Model 3 or Model Y cars, and more than $8,000 for the Ford Mustang Mach-E and the Hyundai Ioniq 5....
Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policy January 9 2025 Free LunchMartin Sandbu The looming battles over US economic policy thinkingPremiumcontent Both Republicans and Democrats are split between populist and oligarchic visions ...
The Tesla Model Y alone accounted for 30 percent of the US EV market last year. By: Dan Mihalascu Feb 20, 2023 at 7:37am ET Share The US electric vehicle market almost doubled last year, with BEV registrations surging to 5.6 percent of light-vehicle registrations, compared...
As a result, if this electric car sales trend continues, Californians may expect to see 4 million electric vehicles on the road in years to come. However, California is one of many states that is encouraging the use of electric cars over traditional, fossil-fuel vehicles. There is also a ...
At least 878,000 EVs and hybrids were sold in July, an increase of 37 percent over the same period last year. Conventional car sales fell by 26 percent to 840,000, the association said. China exported 376,000 cars worldwide...