Are We Seeing A Last Gasp From Oil Lovers & Apologists?

Credit to Author: Zachary Shahan| Date: Sun, 14 Jul 2024 15:37:01 +0000

A few recent trends got me thinking that we might be seeing a “last gasp” for oil lovers and apologists as they try to cling onto their oil-related wealth and cultural inertia. I’ll give the most credit to a comment from a reader, Tom Storey, under a recent article of … [continued]

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Number of Cars on Dealer Lots Climbing Higher & Higher Across USA

Credit to Author: Zachary Shahan| Date: Sun, 14 Jul 2024 01:58:28 +0000

Much has been said in recent months about supposedly slumping EV sales growth. As we’ve pointed out on a number of occasions now, EV sales are actually soaring at many automakers in the USA, including at Ford, GM, Rivian, Audi, BMW, and several others. However, it seems there’s a brewing … [continued]

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US Auto Sales Up 5% in Q1 vs. Q1 2023, Down 5% vs. Q1 2019

Credit to Author: Zachary Shahan| Date: Sun, 09 Jun 2024 18:44:27 +0000

The US auto industry is in a very interesting place. In this US auto industry sales report, I compare 1st quarter (Q1) sales going back 5 years. It’s been an interesting roller coaster, especially due to the COVID-19 pandemic, but now that we’ve gone past that, it’s extra interesting to … [continued]

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EV Sales Rise to 7.2% of US Auto Sales, Tesla 4.3% of Auto Sales

Credit to Author: Zachary Shahan| Date: Mon, 29 Jan 2024 18:35:22 +0000

In 2019, full electric vehicle (EV) sales were 1.4% of US auto sales. In 2020, they had risen to 1.7%, … [continued]

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US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29%

Credit to Author: Zachary Shahan| Date: Sun, 28 Jan 2024 20:50:04 +0000

The US auto industry continues to grow following its long recovery from the COVID-19 epidemic and economic shutdown of 2020–2021. … [continued]

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Tesla Now 8th Best Selling Auto Brand In USA — US Auto Sales +9% vs. 2022, -11% vs. 2019

Credit to Author: Zachary Shahan| Date: Mon, 24 Apr 2023 06:49:15 +0000

It’s time for another quarterly report on US auto sales. Like a few other major news outlets, I track total quarterly sales of the US auto industry, but I also conduct a thorough analysis of the trends of each automaker. Furthermore, I compare last quarter’s sales not just to the same quarter last year, but […]

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Tesla Now 8th Best Selling Auto Brand In USA — US Auto Sales +9% vs. 2022, -11% vs. 2019

Credit to Author: Zachary Shahan| Date: Mon, 24 Apr 2023 06:49:15 +0000

It’s time for another quarterly report on US auto sales. Like a few other major news outlets, I track total quarterly sales of the US auto industry, but I also conduct a thorough analysis of the trends of each automaker. Furthermore, I compare last quarter’s sales not just to the same quarter last year, but […]

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US Auto Industry Down 3+ Million Sales (19%) Since 2019

Credit to Author: Zachary Shahan| Date: Mon, 27 Feb 2023 00:46:31 +0000

The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, they were “only” down by 725,726 units (5%). But compared to 2019, they were down by more than 3 […]

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US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019

Credit to Author: Zachary Shahan| Date: Sun, 26 Feb 2023 15:15:56 +0000

The US auto industry is truly on the rebound. In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a lucky little blip? Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […]

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Auto Execs Go Bearish On EVs (Again) — Not So Bright

Credit to Author: Zachary Shahan| Date: Wed, 21 Dec 2022 09:33:55 +0000

Auto execs were super bearish on electric vehicles (EVs) for years. They said there was very little demand for electric vehicles and EVs would remain niche (like “2% or 3% of the market” niche). This argument was made countless times in countless venues even up through the point when Tesla unveiled the Model 3 and […]

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