While April green-car sales were down 17 percent, demand was about even when factoring out impact of VW's diesel stop-sale.
Last month, Nissan and BMW helped stem a disconcerting (for green-car watchers, at least) trend of declining year-over-year sales, as increased demand for the Japanese and German automakers' plug-in models made November slightly less painful than October. The year-over year decline of hybrid, plug-in and diesel sales narrowed to 10 percent in November from 13 percent in October, as Americans bought more than 43,000 new green cars. Last month's plug-in sales reversed their temporary decline, incr
Fans of small victories will appreciate the "progress" that Americans made with their purchases of green-car vehicles last month. Automakers and everyone else, though, will scratch their heads. That's because green-car sales had their fourth straight down month in September, as Americans purchased about 42,000 hybrids, plug-ins and diesels last month. And while the deficit compared to last year wasn't as steep as August's 11 percent year-over-year decline, sales were still down 9.6 percent and c
Heaven help the analyst trying to get a handle on year-over-year green-car sales numbers, because there is little rhyme or reason to them. Just when one would think the usual summertime bump in gas prices may spur more Americans to buy hybrids, plug-ins or diesels, the industry turns in another down month in July.
As we've already learned, 2013 was a pretty big year for diesel and hybrid sales. According to registration data, there are now 7 million diesel passenger vehicles and 2.8 million hybrids on the roads in the US. Diesel registrations grew by 410,040 last year, and hybrids increased by 531,385. From 2010 to 2013, diesel registrations increased by 30 percent, and hybrid sales grew by 64.5 percent. When compared to an overall market growth of just 3.7 percent, those numbers are remarkable. Diesel Te
"Now and again, I get the feeling, well if I don't win, I'm gonna break even," Tom Petty sang on his 1994 nugget You Wreck Me. And while we're not out to wreck any hybrids or electric vehicles, it's safe to say that the sentiment of that lyric is an appropriate one when analyzing last month's green-car sales.
Gas prices are up. There are more hybrid and plug-in vehicle models available to the public than ever. Nissan's doing great with its Leaf and Tesla continues to exceed sales expectations with its Model S. And yet advanced-powertrain and alt-fuel vehicle sales continue to crater compared to the numbers from a year ago. What's going on here?
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