Volkswagen Group’ hot new IPO sees sales fall in Q3

Volkswagen Group announced Q3 sales results, but their recent IPO Porsche brand saw a dramatic drop in sales during the quarter. Volkswagen Group published sales results for Q3; overall, they have good news for investors. Entry-level brands like Volkswagen, SEAT, and SKODA all saw sales growth in Q3 YOY, which is shown in the overall […]

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Ford EV sales begin to outgrow ICE sales, lead by Mustang Mach-E

Ford announced their sales statistics for September, and it is clear that the brand’s EV sales are outgrowing its ICE offerings. As anticipated and announced by Ford, sales in September were significantly impacted by inflationary issues and supply shortages. However, these problems seem to have affected ICE sales markedly more than EVs, which saw yet […]

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Lexus forces customers to make a hard decision

Lexus has reported their Q3 sales stats, and its current vehicle offerings are forcing customers to make a difficult choice. Toyota, and by extension its luxury brand, have become renowned for their adherence to hybrid vehicle technology and their opposition to electric vehicle technology as it currently stands. Toyota CEO Akio Toyoda has made it […]

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Hyundai sales growth challenged by a huge problem in the U.S.

Hyundai has reported record Q3 sales, mirroring its Kia sister brand. Hyundai/Kia continues to grow their sales in the US and are finding a lot of success in their electric vehicle offerings. With the release of Hyundai North America’s US sales report today, it is clear that Hyundai/Kia was able to increase EV sales in […]

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Tesla sales grew 63% year-over-year in September

TrueCar has released their estimates for September, and they anticipate that Tesla sales will be 63.4% higher year over year. TrueCar estimates auto sales each month, and this month, they estimate that Tesla will grow sales by 63% compared to the same time last year. However, TrueCarr doesn’t assess Tesla as the fastest growing automaker […]

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Tesla sales swell 105% year over year, considerably more than any other company

TrueCar’s August sales analysis shows that Tesla sales are estimated to have grown by 105% year-over-year. According to TrueCar’s August sales estimates, Tesla sales have grown 105 percent year over year in the US, the most out of any brand. The following closest manufacturers were GM at 40.9% and Daimler at 40.0% growth year over […]

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Germany marks almost 17,000 new BEVs in July

According to the Federal Motor Transport Authority (KBA), exactly 16,798 electric cars were newly registered in Germany in July – a new record. This was 8,679 more than in June (8,119). Compared to the same month last year, this segment recorded a plus of 181.7 per cent! While electrified passenger cars all recorded an increase […]

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Tesla starts selling Model 3 in Eastern Europe

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Tesla has announced its expansion to Eastern Europe and opened sales for the Model 3 in selected countries. Electric car buyers in Poland, Romania, Slovenia and Hungary may now order their Tesla online. As always though, deliveries will take a while and have been given as early 2020 for now. An open question also remains, […]

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