Tag: sales

  • Tesla’s EV Dominance Of China Could Be Threatened In 2021

    Tesla’s EV Dominance Of China Could Be Threatened In 2021

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    Tesla is dominating the electric car market in China but this past year, it is forecast to face unprecedented challenges from its rivals. This calendar year, Tesla has offered approximately 120,000 vehicles in China, making the Asian country the carmaker’s largest economy behind the United States. As striking as that amount is, some analysts think…

  • Tesla Gets A Massive Beating In EV Sales From VW ID.3 And Audi e-tron In Norway And The Netherlands

    Tesla Gets A Massive Beating In EV Sales From VW ID.3 And Audi e-tron In Norway And The Netherlands

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    Last year, earnings of the Tesla Model 3 reached a fever pitch in the Netherlands and Norway. Fast forward 12 months and earnings have taken a nosedive, while the VW ID.3 occurs over as the latest must-have EV. In September 2019, Tesla sold 5,768 Model 3s from the Netherlands, which makes it the best-selling auto…

  • China’s shoppers are spending again

    China’s shoppers are spending again

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    By Keith BradsherBEIJING: Right before executives and car enthusiasts could gather in Geneva for the big auto show there in early March, the organizers called it off. As the coronavirus spread, other shows followed suit: Detroit, Los Angeles, New York, Paris and São Paulo.So after a long lull, the first major auto show since the…

  • Tesla Delivered Over 90,500 Cars In Q2, Defying Expectations

    Tesla Delivered Over 90,500 Cars In Q2, Defying Expectations

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    Tesla has defied expectations for the second quarter, revealing that it delivered an impressive 90,650 vehicles despite the coronavirus pandemic. A figure of 90,650 vehicles is down 5 percent from Q2 last year and is a slight increase over the 88,496 cars that Tesla sold in Q1 2020. What makes the automaker’s second-quarter result particularly…

  • Tesla Model 3 Was The Best-Selling Vehicle In California Last Quarter

    Tesla Model 3 Was The Best-Selling Vehicle In California Last Quarter

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    The Tesla Model 3 was the best-selling car in California throughout the first quarter of the year. Throughout the initial few weeks of the year, a total of 18,856 Model 3s were marketed across the state. That’s a greater number listed by any single model in any segment of the marketplace. The second highest-selling automobile…

  • Sales Of Luxury Vehicles Rebound In China Amid Coronavirus Pandemic

    Sales Of Luxury Vehicles Rebound In China Amid Coronavirus Pandemic

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    While car sales throughout the planet have been crippled by the coronavirus, it’therefore emerged that sales of luxury automobiles have bounced in China in the wake of this coronavirus pandemic. Info from the China Automobile Dealers Association shows that luxury car traders in the nation sold 277,000 automobiles in April, an 11.1 percent increase over…

  • March Car Sales Drop By 41% In China Due To COVID-19

    March Car Sales Drop By 41% In China Due To COVID-19

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    Sales of new cars in China have been struck hard by the coronavirus outbreak, ” the China Passenger Car Association continues to be confirmed. Car sales dropped by 40.8 per cent from March 2019 to 1.08 million units but the association expects sales volume in April to be much higher than in March. While March…

  • Global Sales Of Sedans, Wagons And Hatchbacks Lose Further Ground To SUVs

    Global Sales Of Sedans, Wagons And Hatchbacks Lose Further Ground To SUVs

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    As customer tastes continue shifting towards crossovers and SUVs of each size and price conceivable, most automakers have expanded their automobile portfolios handling a large number of segments with various proposals. This has caused a reduction in demand for station wagons, sedans and hatchbacks, sealing the fate of nameplates. According to data released by Jato…

  • The market impact of coronavirus has begun to spread

    The market impact of coronavirus has begun to spread

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    The floodgates Are opening. Companies are beginning to warn that the coronavirus outbreak will affect earnings, and stocks have started to react negatively. Yesterday, Apple announced that the contagion will make it miss revenue forecasts. The issues are on both the sales and production ends: Most Apple stores in China stay shut, and while Apple…

  • Why one analyst thinks Tesla’s Model Y could ‘ultimately cannibalize’ some Model 3 sales (TSLA)

    Why one analyst thinks Tesla’s Model Y could ‘ultimately cannibalize’ some Model 3 sales (TSLA)

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    AP Photo/Jae C. Hong Tesla is due to start deliveries of its Model Y vehicle in March 2020.  “A key question is whether Model Y demand will ultimately cannibalize Model 3 volumes,” analyst Toni Sacconaghi of Bernstein wrote in a note Tuesday.  He added that some softness in Model 3 earnings will spook investors near-to-medium…