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Quarterly US Auto Gross sales Down Practically 1 Million Whereas Tesla Gross sales Up 97% In 3 Years — Q2 2022 vs. Q2 2019
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US auto gross sales proceed to crash. Within the 2nd quarter of 2022, US auto gross sales had been down 20% (-830,642) in comparison with the 2nd quarter of 2021. They had been up 19% (535,191) in comparison with the 2nd quarter of 2020, however down 22% (-942,390) in comparison with the 2nd quarter of 2019. In different phrases, the US auto market has been crashing in case you ignore that little rebound after the largest financial shutdowns of the COVID pandemic.
Enhancing Auto Manufacturers
Solely 5 auto manufacturers had been up from Q2 2019 to Q2 2022 and solely 6 auto manufacturers had been up from Q2 2021 to Q2 2022. The one model that was up an excellent deal from the 2019 to 2022 interval was Tesla, which noticed its Q2 gross sales improve roughly 97%. Second finest was Porsche at 28%, and Porsche occurs to be the legacy auto model with the best share of its gross sales now coming from plugin fashions. After that, solely Mercedes (17%), Chrysler (12%), and Kia (8%) had quarterly gross sales will increase.
Evaluating Q2 2022 to Q2 2021, the model with the largest gross sales improve was truly Chrysler (up 95%). After all, taking 2019 into consideration, this was due largely to Chrysler having a really poor Q2 2021 (along with the very poor Q2 2020 that was typical throughout the business). Tesla’s gross sales in Q2 2022 had been 30% increased than in Q2 2021. After that, the one remaining auto manufacturers to see their gross sales go up had minor gross sales will increase. Mercedes–Benz gross sales had been up 7%, Porsche gross sales had been up 3%, Ford gross sales had been up 2%, and Lincoln gross sales had been up 1%.
Auto Gross sales Developments — Charts
Over on CleanTechnica Professional, you may see 8 further charts exhibiting quantity and share change by model from Q2 2019 to Q2 2022, from Q2 2020 to Q2 2022, from Q2 2021 to Q2 2022, and numerous different issues.
Who’s Struggling the Most?
When it comes to quantity change, the manufacturers struggling essentially the most in comparison with 2019 are Ford (down 164,453 in Q2 2022 versus Q2 2019), Honda (down 154,661), Nissan (down 149,830), and Chevrolet (down 112,265). Although, they’re nearer to the center of the pack when quantity change. Taking a look at quantity change, the largest losers from Q2 2019 to Q2 2022 had been Fiat (-91%), Infiniti (-63%), Dodge (-63%), and Buick (-48%).
In comparison with Q2 2021, the manufacturers struggling essentially the most in Q2 2022 when it comes to quantity gross sales losses had been Honda (-220,758), Toyota (-140,971), and Nissan (-107,670). Honda even had enormous losses in Q2 2022 in comparison with Q2 2021 (down 50,879, excess of some other model). The most important losers when it comes to share change had been Fiat (-72%), Buick (-56%), Honda (-51%), Acura (-51%), Mini (-45%), and Infiniti (-41%). Fiat and Infiniti had been additionally down lots in comparison with Q2 2021 (-81% and -34%, respectively).
For way more enjoyable, head on over to CleanTechnica Professional and take a look at the charts there.
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