To close out the year, sales of the two most-popular plug-in vehicles in the US kept going in the direction that they had been all year. The Chevy Volt dropped and the Nissan Leaf had another record month.
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
When you talk to people in the plug-in vehicle industry, one theme you hear repeatedly is that the more plug-in cars that are out there, the better things are for everyone. One reason is that more EVs build a need for more public chargers, and more chargers mean more people see that plugging in is feasible. But there's still something to be said for old-fashioned competition, and in the sales race between the two long-running plug-in vehicles in the US, the Nissan Leaf is resoundingly beating th
Low Gas Prices Might Actually Create Buying Opportunity
It's been a rough year for green car manufacturers. To many consumers, it appears that so-called green vehicles cost more and are more challenging to operate (limited range, low availability of "exotic" fuels, etc.) And with gasoline prices plummeting, American consumers are much less likely to spend more for a green vehicle.
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
The Nissan Leaf continues its streak of "best month ever" sales with 2,881 EVs sold in September. Compared to the 1,953 sold in September 2013, that represents an increase of 47.5 percent and, as Nissan itself must be tired of saying by now, it marks yet another best month ever, same as last month and now the 19th in a row. Okay, sure, we know, Nissan will tout this run for as long as it can, but we're certainly expecting it each month, so if it ever doesn't happen, it'll be interesting to see
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.
EcoBoost, Hybrids Will Still Be Highlighted In Future Ads
The Blue Oval may have to back off a bit from the green messaging. Ford has had to lower fuel-economy ratings on a number of 2013 and 2014 model-year vehicles, namely its hybrids. And that may force the US automaker to rethink some of its marketing strategy, Automotive News reports.
Hybrids are known for their great fuel economy and low emissions, but it looks like given current market conditions, only about three percent of new car consumers are willing to pay the premium for them. A new study from IHS/Polk finds that the hybrid market share among overall US auto sales are falling, despite more models with the technology on sale than ever before.
Diesel and hybrids both selling well in Texas, California
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
In the land of diesel, Toyota appears to be making money its own way and thereby making more of it. The Japanese automaker is taking on Europe's diesel-centric ways by substantially boosting sales of hybrids on the continent. That, along with cost cutting measures, has increased the company's European profitability, Automotive News says, citing recent remarks by Toyota's European operations chief Didier Leroy.