Nissan, Toyota, Infiniti, & MINI USA Sales Down In October & 2019; Hyundai, Kia, Honda, BMW, Genesis, & Volvo Sales Up

Credit to Author: Zachary Shahan| Date: Mon, 11 Nov 2019 06:10:57 +0000

Tracking monthly US auto sales has been a fascinating endeavor this past year. Unfortunately, we don’t get data from some brands — Tesla, all Ford Motor Company brands, GM brands, and Fiat Chrysler Automobiles brands, Jaguar Land Rover no longer report monthly sales. However, there are 17 brands that do report monthly US sales, so let’s have a look at them

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Tesla Model 3 = 24% of Small & Midsize Luxury Car Sales in USA*

Credit to Author: Zachary Shahan| Date: Mon, 07 Oct 2019 05:31:06 +0000

The Tesla Model 3 has taken the US luxury car market by storm. When sales soared through the roof in the second half of 2018, making the Model 3 far and away the best selling luxury car in the country and the best selling car car of any type in terms of revenue, fans were excited for the launch of a new era. Critics, on the other hand, saw it as a temporary boom from early reservation holders that would soon be over, resulting in a crash in Tesla sales, Tesla financials, and the company as a whole

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Acura, Alfa Romeo, Audi, Chrysler, Dodge, Fiat, Ford, Infiniti, Jeep, Lexus, Mitsubishi, Nissan, & Toyota US Sales Down In 3rd Quarter

Credit to Author: Zachary Shahan| Date: Wed, 02 Oct 2019 23:33:47 +0000

Overall, non-Tesla US passenger vehicle sales were up by 14,910 units in the 3rd quarter of 2019 compared to the 3rd quarter of 2018, and 14 brands saw their sales increase while 13 saw their sales decrease

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~450,000 US Luxury Car Buyers A Year Are Lost

Credit to Author: Zachary Shahan| Date: Mon, 23 Sep 2019 23:01:37 +0000

I wrote the other day about how crazy it is that there are still tens of thousands of Americans buying Toyota Camrys and Honda Accords month after month. Amidst the hundreds of thousands of views on that story, some people griped that the purchase price of a Model 3 is considerably higher than the purchase price of an Accord or Camry. A point I alluded to repeatedly is that the Model 3, despite a higher purchase price, may well have a lower 5 year cost of ownership than an Accord or Camry for many people. Yes, I’m sure there are some Accord and Camry buyers who couldn’t get financing for the ~$39,000 base price of a Model 3, but there are certainly many other Accord and Camry buyers who could quality for financing for a Tesla Model 3 — and then would reap financial savings over time while enjoying a much better car. But that’s all moot for the focus of this article — luxury cars

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