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Electrifieds Lead EU New-Vehicle Sales
Hybrids in particular lead not only EV market share but all power trains on the continent so far this year as gas and diesel continue their decline.
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SEARCHMENUSEARCHHybrids in particular lead not only EV market share but all power trains on the continent so far this year as gas and diesel continue their decline.
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J.D. Power reports metrically measured customer satisfaction with their automotive purchases remains at 789 points (on a 1,000-point scale), the same as in 2020.
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Porsche and GMC rank highest in respective segments.
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We have now had ten consecutive weeks of wholesale value increases, during a time that traditionally experiences large week-over-week declines.
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Parts manufacturers rely on magnesium from China to help reduce vehicle weights. But China’s current magnesium output is at 50% of normal levels.
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A key priority in the bill is spending $7.5 billion to build a national network of 500,000 electric vehicle (EV) charging stations.
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Since Farley took control of the automaker last October, Ford’s stock has roughly tripled.
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New light-vehicle sales in October 2021 saw their first month-to-month gain since April.
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For the second time in as many months, one of the major RV market segments has declined in value, but this time it was the towables, which fell for the first time in almost a year, while motorhomes reversed course and increased, coming in at their second highest value ever.
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Combined sales at the seven major automakers that release monthly results dropped 17% in October. Automakers cite the semiconductor chip shortage and supply chain bottlenecks as the reason.
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The fourth quarter is traditionally when the market experiences most of the yearly depreciation, but after just one month in the quarter, values are reporting appreciation of more than 3.0%.
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