Tag: sales

Jeep Slashes Prices In Attempt To Regain U.S. Market Share

Jeep Slashes Prices In Attempt To Regain U.S. Market Share | Carscoops <!—-><!– –><!– –><!—-><!—-> Jeep chief executive Antonio Filosa wants to bring more value to the brand’s customers https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 6 hours ago <!––> <!– –> Jeep has cut prices for many of its models in the United States after sales […]

Read More

Mercedes Latest Automaker To Slow EV Push, Will Keep ICE Alive Into The 2030s

Mercedes Latest Automaker To Slow EV Push, Will Keep ICE Alive Into The 2030s | Carscoops <!—-><!– –><!– –><!—-><!—-> German luxury brand now thinks electrified cars will account for 50 percent, not 100 percent of its lineup by the end of the decade https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 3 hours ago <!––> <!– –> More […]

Read More

Lucid’s Losses Widen, Predicts It Will Build 9,000 EVs In 2024 As Musk Takes A Jab At Them

Lucid’s Losses Widen, Predicts It Will Build 9,000 EVs In 2024 As Musk Takes A Jab At Them | Carscoops <!—-><!– –><!– –><!—-><!—-> Elon said that the EV startups’s Saudi backers is “the only thing keeping them alive” 4 hours ago <!––> <!– –> Automakers are diving headfirst into the electric vehicle future, but they’re […]

Read More

2024 GMC Canyon And Chevy Colorado Sales Halted Over Software Glitches

2024 GMC Canyon And Chevy Colorado Sales Halted Over Software Glitches | Carscoops <!—-><!– –><!– –><!—-><!—-> Late last year, GM made a similar stop-sale order for the Blazer EV due to software problems https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson February 20, 2024 at 12:00 <!––> <!– –> GM has delayed sales of the 2024 GMC Canyon […]

Read More

Hyundai Bets On Sonata And Elantra Sedans To Fuel US Sales Amidst Rate Hikes

Hyundai Bets On Sonata And Elantra Sedans To Fuel US Sales Amidst Rate Hikes | Carscoops <!—-><!– –><!– –><!—-><!—-> The carmaker says high interest rates are prompting consumers to now opt for cheaper models https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson February 19, 2024 at 17:32 <!––> <!– –> Despite predictions of the sedan’s decline by industry […]

Read More

Global EV And PHEV Sales Surge 69% YoY, But Dive 26% From December High

Global EV And PHEV Sales Surge 69% YoY, But Dive 26% From December High | Carscoops <!—-><!– –><!– –><!—-><!—-> The slight downturn isn’t expected to last for long as carmakers ramp up spending on EVs and PHEVs https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson February 17, 2024 at 16:35 <!––> <!– –> Electric vehicle sales have been […]

Read More

Weak January Sales Lead To Biggest Dealer Inventory Buildup Since The Start Of The Pandemic

Weak January Sales Lead To Biggest Dealer Inventory Buildup Since The Start Of The Pandemic | Carscoops <!—-><!– –><!– –><!—-><!—-> Dealer inventories are getting closer to pre-pandemic levels, driving discounts and incentives February 16, 2024 at 16:29 <!––> <!– –> A backlog of vehicles is building on dealer lots across the nation as, for the […]

Read More

Mercedes Will Prioritize Cheaper Gas Cars Over EVs In U.S.

Mercedes Will Prioritize Cheaper Gas Cars Over EVs In U.S. | Carscoops <!—-><!– –><!– –><!—-><!—-> The automaker says that these two moves could enable it to reach 300,000 sales in the States this year 1 hour ago <!––> <!– –> The transition to electrification appears to be meeting some resistance. Now, with interest rates up, […]

Read More

Mitsubishi To Reveal New Product Plan For America This Spring

Mitsubishi To Reveal New Product Plan For America This Spring | Carscoops <!—-><!– –><!– –><!—-><!—-> In the meantime, the brand will boost its advertising budget by 15% this year to drive up sales https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 4 hours ago <!––> <!– –> Mitsubishi wants to capitalize on the success of the Outlander and […]

Read More

China’s January Car Sales Up 48% From Last Year, But Down 23% Over December Sparking Concerns

China’s January Car Sales Up 48% From Last Year, But Down 23% Over December Sparking Concerns | Carscoops <!—-><!– –><!– –><!—-><!—-> A weak economy and a month-to-month drop in sales leads to concerns for Chinese auto sector 2 hours ago <!––> <!– –> January presented a mixed picture for China’s automotive sector. While overall sales […]

Read More

SUVs Conquer Europe, Now Account For Over Half Of All New Car Sales

SUVs Conquer Europe, Now Account For Over Half Of All New Car Sales | Carscoops <!—-><!– –><!– –><!—-><!—-> No less than 6.63 million SUVs were sold in Europe last year and they now account for five of the 10 largest segments https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 5 hours ago <!––> <!– –> European buyers, once […]

Read More

EV Sales Plunge 55% In Germany As Incentives Dry Up

EV Sales Plunge 55% In Germany As Incentives Dry Up | Carscoops <!—-><!– –><!– –><!—-><!—-> Sales of electric vehicles plummeted in January, hinting at turmoil within the broader German automotive sector 6 hours ago <!––> <!– –> Like much of the rest of the world, Germany previously provided tax incentives to citizens purchasing electric vehicles. […]

Read More

Tesla Sold Just One Car In South Korea Last Month As EV Market Stalls

Tesla Sold Just One Car In South Korea Last Month As EV Market Stalls | Carscoops <!—-><!– –><!– –><!—-><!—-> Safety fears over battery fires, a lack of clarity on incentives, and charging woes conspire to restrict EV sales in South Korea 3 hours ago <!––> <!– –> The electric vehicle market in South Korea is […]

Read More

Ford Maverick Sales Explode In January, Outsells Toyota Tacoma

Ford Maverick Sales Explode In January, Outsells Toyota Tacoma | Carscoops <!—-><!– –><!– –><!—-><!—-> Sales of the compact Ford truck jumped by 98% last month to 12,443, with the hybrid variant accounting for almost half of the sales https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 2 hours ago <!––> <!– –> Sales of the 2024 Ford Maverick […]

Read More

Was The Toyota Corolla Or The Tesla Model Y The World’s Best Selling Vehicle Of 2023? It’s Complicated

Was The Toyota Corolla Or The Tesla Model Y The World’s Best Selling Vehicle Of 2023? It’s Complicated | Carscoops <!—-><!– –><!– –><!—-><!—-> Toyota’s official global Corolla sales figure of 1.64 million suggests it outperformed the Tesla Model Y, but depends on how you interpret the data 4 hours ago <!––> <!– –> Last week, […]

Read More

Americans Do Want Electrified Cars, But They Want To Pay Close To ICE Money

Americans Do Want Electrified Cars, But They Want To Pay Close To ICE Money | Carscoops <!—-><!– –><!– –><!—-><!—-> Contradicting reports of weak demand, a survey found more than half of Americans were considering either an electric or a hybrid car for their next vehicle https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 5 hours ago <!––> <!– […]

Read More

Microsoft’s AI Copilot for Sales and Service now generally available

This week, Microsoft announced the general availability of two new, sector-specific versions of Copilot: Until now, both products had been only offered in preview availability to select Microsoft customers such as Avanade, the business solutions and software provider joint venture formed by Accenture and Microsoft nearly 24 years ago. Already, the preview versions have been […]

Read More

Toyota Keeps Global Sales Crown With 11.23 Million Vehicles, Leaves VW In A Distant Second

Toyota Keeps Global Sales Crown With 11.23 Million Vehicles, Leaves VW In A Distant Second | Carscoops <!—-><!– –><!– –><!—-><!—-> Sales jumped significantly in North America, Europe, and Japan but actually fell in China https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 4 hours ago <!––> <!– –> Toyota sales soared to new heights last year, reaching 11.23 […]

Read More

Hundreds Of Lotus Emiras Are Trapped In U.S. Dealers Due To Regulatory Issue

Hundreds Of Lotus Emiras Are Trapped In U.S. Dealers Due To Regulatory Issue | Carscoops <!—-><!– –><!– –><!—-><!—-> Lotus customers can look, but they can’t touch their Emiras due to a regulatory approval issue January 26, 2024 at 10:01 <!––> <!– –> The Lotus Emira is one of the most anticipated sports cars of the […]

Read More

Tesla Model Y Set To Dethrone Toyota RAV4 And Become World’s Best-Selling Car Of 2023

Tesla Model Y Set To Dethrone Toyota RAV4 And Become World’s Best-Selling Car Of 2023 | Carscoops <!—-><!– –><!– –><!—-><!—-> Sales of the Tesla Model Y grew 64% in 2023, making it the best-selling vehicle on earth and the first EV in history to do so as well 6 hours ago <!––> <!– –> Tesla […]

Read More

Chinese Car Dealer Group Collapses As Market Runs Out Of Steam

Chinese Car Dealer Group Collapses As Market Runs Out Of Steam | Carscoops <!—-><!– –><!– –><!—-><!—-> Guangdong Yongao Investment Group had 80 stores selling Volvo, Honda and GAC Aion, and its bankruptcy leaves customers unsure if existing orders will be fulfilled https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 4 hours ago <!––> <!– –> China’s auto export […]

Read More

BYD Overtakes VW Group As China’s Best-Selling Car Brand

BYD Overtakes VW Group As China’s Best-Selling Car Brand | Carscoops <!—-><!– –><!– –><!—-><!—-> Sales hit 2.4 million during 2023, giving the brand an 11% share of the new car market https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 4 hours ago <!––> <!– –> BYD didn’t just enjoy a fruitful year, expanding into a multitude of new […]

Read More

Hyundai Unfazed By EV Sales Dip, Accelerates Electrification Plans

Hyundai Unfazed By EV Sales Dip, Accelerates Electrification Plans | Carscoops <!—-><!– –><!– –><!—-><!—-> With 10 electrified vehicles already in Hyundai’s U.S. lineup, this number will increase in the coming years https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson January 22, 2024 at 20:04 <!––> <!– –> Hyundai has no concerns about the slight slow down in demand […]

Read More

Move Over Escalade, The CT5 Was Cadillac’s Best-Selling Model Worldwide

Move Over Escalade, The CT5 Was Cadillac’s Best-Selling Model Worldwide | Carscoops <!—-><!– –><!– –><!—-><!—-> In a wide ranging media briefing, Cadillac officials talked sales, future plans, and their EV efforts 4 hours ago <!––> <!– –> Cadillac is introducing new models at a breakneck pace as they unveiled three electric vehicles last year as […]

Read More

These Are The Best Selling EVs Of 2023

These Are The Best Selling EVs Of 2023 | Carscoops <!—-><!– –><!– –><!—-><!—-> Tesla is still the king but BMW’s iX beats two much more affordable EVs 5 hours ago <!––> <!– –> The numbers for 2023 are mostly in and the top 15 electric vehicles in terms of sales provide some interesting insight. Tesla […]

Read More

Bentley Sales Hit The Brakes With 11% Drop Amidst Strong Luxury Year

Bentley Sales Hit The Brakes With 11% Drop Amidst Strong Luxury Year | Carscoops <!—-><!– –><!– –><!—-><!—-> The British company sold 13,560 vehicles last year, an 11% decline from 2022 https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson January 19, 2024 at 19:33 <!––> <!– –> It’s no secret that we’re currently experiencing a slowdown due to various […]

Read More

More ICE Owners Switch To Hybrids Than EVs

More ICE Owners Switch To Hybrids Than EVs | Carscoops <!—-><!– –><!– –><!—-><!—-> A new study has found that 8.3% of households owning a gas-powered car swapped into a hybrid last year https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 2 hours ago <!––> <!– –> New data out of the United States has confirmed that owners of […]

Read More