French automaker PSA Group stated on Thursday global sales dropped 10% last year to 3.49 million units, compared with a record 3.88 million in 2018, as it had a hard time from decreasing volumes in China, the Middle East, and Africa. In its European home market, Paris-based PSA’s sales refused by 2.5% in 2019 to […]
car sales in 2019
New Tesla registrations in California dropped almost 50% in fourth quarter
Tesla Inc’s total vehicle registrations almost halved in the U.S. state of California during the fourth quarter, according to a Dominion Cross-Sell report, which gathers data from state motor vehicle records. The massive fall comes as tax credit for Tesla consumers ended in the last year. It had dropped to $3,750 at the beginning of […]
General Motors sales dropped in China sales for another year
General Motors’s vehicle sales in China dropped for a second year as total auto sales decreased amid a sluggish economy and due to the competition in the major mid-priced sport utility vehicle (SUV) segment. Sales in 2019 dropped 15% from a year previously to 3.09 million vehicles, GM, China’s second-biggest foreign automaker, stated. GM delivered […]
Ford Mustang is the best selling American muscle car in 2019
Three months after the Dodge Challenger had beaten the Ford Mustang away on the third-quarter reports, the car pulled away for a significant full-year win among American muscle cars. Ford moved 17,124 in the fourth quarter to complete 2019 at 72,489, thus beating the Challenger’s ultimate tally of 60,997. Dodge sold 18,301 of the aging coupes – […]
Jaguar Land Rover’s sales dropped, but there are signs of recovery
Automaker Jaguar Land Rover (JLR) posted a 6% decline in full-year sales on Friday after a difficult year in which its performance was hit by the declining Chinese auto market and declining demand for diesel vehicles in Europe. Retail sales stood at 557,706 vehicles in the last year, hit by a 13.5% downturn in China, […]
BMW sold 2.52 million BMW, Mini and Rolls-Royce vehicles in 2019
BMW stated it sold 2.52 million BMW, Mini and Rolls-Royce vehicles in the last year, making it the best-selling premium car group, ahead of competitor Daimler. Daimler stated on Thursday it had sold 2.34 million Mercedes-Benz passenger cars in the last year for a ninth consecutive year of record sales. BMW stated its major BMW […]
Ford quarterly sales fall on the downturn in passenger cars demand
Ford Motor on Monday reported a 1.3% decline in fourth-quarter vehicle sales as soft demand for passenger cars exceeded higher sales of pick-up trucks. Ford’s figures rounded off U.S. automakers’ sales for last year, with passenger cars dropping out of favor with buyers amid lower oil prices and as automakers concentrated on SUVs and pick-ups […]
Tesla made record 112,000 car deliveries in last three months
Tesla stated Friday it delivered a quarterly record of 112,000 cars in the final three months of 2019, which paved the way for the electric automaker to surpass CEO Elon Musk’s sales targets for all of the last year. With its fourth-quarter figures, Tesla finished 2019 with 367,500 deliveries of its Model 3, Model S […]
Discounts fuel U.S. pick-up truck sales in a sluggish market
U.S. automakers on Friday have reported another year of stable sales of pick-up trucks, as discounts throughout the crucial holiday season and lower interest rates on vehicle loans which brought buyers while demand for passenger cars retreated even more. Passenger cars have dropped out of favor with buyers despite lower oil prices and automakers have […]
Hyundai, Kia sales drop to seven-year low, but has hopes for better 2020
South Korean automaker Hyundai Motor and affiliate Kia Motors turned in their lowest sales in seven years in 2019 as their sales in China slumped, missing their target for a fifth straight time, but forecast better figures for 2020. Weak 2019 sales speak about the challenges Hyundai Motor Group has been dealing with, including a […]
Tesla Record Pushes Norway’s Account of Electric Car Sales to 42%
The share of electric cars for new registrations in Norway increased to a record in the last year, helped by Tesla Inc.’s best year ever in this country. Battery electric cars represented 42% of new car sales in Norway in 2019, increasing from 31% in 2018, the Norwegian Road Federation stated on Friday. Tesla sold a […]
Toyota expects 2020 car sales to stay at record highs
Toyota Motor Corp expects its worldwide vehicle sales to stay at record high levels in 2020, even as demand shows signs of a downturn in China and the United States, the world’s top auto markets. The Japanese automaker stated it prepared to sell a record 10.77 million vehicles in 2020, including cars sold under the […]
Subaru CEO expects record U.S. sales in 2020
Subaru Corp expects its U.S. vehicle sales to boost to a record high in 2020, as demand for its SUV crossover models assists it to buck the environment of slowing car sales in the Japanese automaker’s biggest market. The company has seen increasing success in the United States, the world’s No.2 auto market, roughly doubling […]
Germany Beats Norway To Become Europe’s Biggest Electric Car Market
Germany has beaten Norway for sales of all-electric cars since the beginning of 2019, putting Europe’s biggest auto market in a position to become the regional e-car leader on a yearly basis for the first time. Until November, 57,533 new battery-powered cars were registered in Germany, compared with 56,893 of those in Norway, according to […]
Global car sales expected to drop by 3.1 million this year
Car sales across the world are expected to observe their steepest year-over-year drop in 2019 since the financial crisis as consumer demand from the U.S. to China weakens. Global car sales are expected to drop by about 3.1 million this year, a bigger drop than in 2008, Fitch Ratings economics team stated Monday, mentioning data […]
