Automotive Industry:United States: Difference between revisions

Automotive Industry:United States (view source)

Revision as of 18:00, 18 April 2024

887 bytes added , 18 April 2024

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 === March 2024 ===
-==== Used ====
+==== <big>Used</big> ====
 {| class="wikitable"
 !<ref>https://www.coxautoinc.com/market-insights/used-retail-vehicle-sales-march-2024/</ref>
@@ Line 502: / Line 502: @@
 |}
-==== New ====
+==== <big>New</big> ====
 [[File:Screenshot 2024-04-18 110126.png|center|thumb|855x855px|https://www.coxautoinc.com/wp-content/uploads/2024/03/Q1-2024-Cox-Automotive-Industry-Insights-and-Forecast-Call-Presentation.pdf]]
 [[File:Screenshot 2024-04-18 110214.png|center|thumb|848x848px|https://www.coxautoinc.com/wp-content/uploads/2024/03/Q1-2024-Cox-Automotive-Industry-Insights-and-Forecast-Call-Presentation.pdf]]
+===== EV =====
+In the first quarter of 2024, Americans bought 268,909 new electric vehicles. EV share of total new-vehicle sales in Q1 was 7.3%, a decrease from Q4 2023.<ref>https://www.coxautoinc.com/market-insights/q1-2024-ev-sales/</ref>
+* While annual EV sales continue to grow in the U.S. market, the growth rate has slowed notably. '''Sales in Q1 rose 2.6% year over year, but fell 15.2% compared to Q4 2023.''' The increase last quarter was well below the previous two years.
+* One bright spot in Q1: Strong EV sales from luxury makers, suggesting the EV market continues to be luxury-driven. Cadillac achieved a 499.2% year-over-year increase in electric vehicle sales due to robust sales of its Lyriq model. At Mercedes, EV sales were up 66.9%. BMW posted a 62.6% increase in EV sales compared to Q1 2023. At Audi, Q1 EV sales grew 28.8% year over year.
 == Prices ==