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EV Sales Slide While Hybrids Climb
California, as usual, led the country in EV registrations in the fourth quarter, but the U.S. as a whole saw a 43% year-over-year volume decrease.
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SEARCHMENUSEARCHCalifornia, as usual, led the country in EV registrations in the fourth quarter, but the U.S. as a whole saw a 43% year-over-year volume decrease.
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New light-vehicle sales in September 2022 totaled a SAAR of 13.5 million units, up 9.6% from a year ago.
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Carmaker blames supply-chain issues, inflation for nearly 11% increase.
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Company launched its digital marketing campaigns to consumers in the Dallas Metroplex area.
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After toppling GM last year, carmaker may be bumped down after facing market woes common throughout the industry.
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$300 million suit claims carmaker violated state franchise law by withholding inventory.
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The market continued its descent last week, with the level of decline still exceeding what is typically experienced this time of year.
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Judge scuttles tax-break package by local authority, which may appeal the ruling.
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GM surges, peers also gain, though some see declines amid market pressures.
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Sales fall due to customer affordability concerns. Company offering lower-priced models, cutting its costs.
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Tesla plans to increase production of Model Y and Model 3 EVs in Q4 and keep growth going as newer factories in Austin and Berlin come online in 2023.
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