Sales in the Premium Mid-sized segment fell by 2.1% in the first quarter of 2017, which is better than the overall market. It’s also an improvement from the loss of 15.3% percent in 2016, and much better than the -19.2% of the mainstream midsized car segment. US dealers delivered a total of 108,281 premium midsized models, which is barely more than the almost 101,500 premium midsized crossovers they sold in the same period (an increase of 12.5%). If this trend continues, the crossover segment will soon be larger than the car segment. 8 of the 16 remaining models in the segment showed double digit declines, while just 2 showed double digit increases and another 2 were all-new. One sidenote to the ranking: the Mercedes-Benz C-class is the only model in the segment for which sales of the coupe and convertible are included with those of the sedan/station wagon, as all others have distinctive names for their sexier models: 3-Series/4-Series, A4/A5, Q50/Q60, IS/RC. That’s why we’ve decided to give you 2 rankings this time: the blue graph with the split figures and the green graph with the combined figures. As you can see, that makes the difference between having a Mercedes-Benz or a BMW on top.
Sales of Alternative Power cars across all segments fell by 11.2 percent in 2016, making this the third year in a year of decline in a row. This means that, with 264,287 sales in 2016, the meta-segment is some 25 percent smaller than it was at its peak in 2013, though it is still more than twice as big as it was a decade ago. That said, prospects for cars with alternative power still look pretty bleak because cheap gas keeps luring people away from EVs, hybrids and more fuel-efficient cars in general into larger crossovers, SUVs and pick-up trucks. Not even the new Toyota Prius liftback, Chevrolet Volt or Tesla Model X seem to be able to stop that.
The decline of sales in the Alternative Power segment slowed down somewhat in the third quarter of 2016 to just 6 percent, a much better (less bad) performance than the 21 perent drop in sales in Q2. That said, prospects for the segment still look pretty bleak because cheap gas keeps luring people away from EVs, hybrids and more fuel-efficient cars in general into larger crossovers, SUVs and pick-up trucks. Not even the new Toyota Prius, Chevrolet Volt or Tesla Model X seem to be able to stop that.
Sales in the Alternative Power segment accelerated their freefall by plummeting 21% in Q2 of 2016 to just 63,084 vehicles, after an 11% decrease in the first quarter. This is the biggest decline of all segments in the second quarter, and the main reason for the softening demand is clear: cheap gas keeps luring people away from EVs, hybrids and more fuel-efficient cars in general into larger crossovers, SUVs and pick-up trucks. And there’s no indication of the oil price going back up anytime soon, which spells more bad news for EVs and hybrids. Perhaps a few new model launches can breath some new life into the segment, most notably the new generation Toyota Prius, Chevrolet Bolt and the Tesla Model X.
Sales in the Alternative Power segment fell by 11% Q1 2016 to 54,688 vehicles, a steep decline but actually not as bad as some other sectors (mainly premium mainstream ones). The reason for the decline is clear: cheap gas keeps luring people away from EVs, hybrids and more fuel-efficient cars in general into larger crossovers, SUVs and pick-up trucks. With no large increase in the gas price on the horizon it is hard to see how the fortunes for the sector could turn around anytime soon, though with new cars such as Tesla Model X, as well as Chevy Bolt and Volt models hitting the market at least one can expect some positive stories.
Sales in the Alternative Power segment fell by 4% in 2015 to 116,065, as cheap fossil fuel caused car buyers away from small cars, hybrids and EVs and into crossovers, SUVs and pick-up trucks. Sales of EVs and PHEVs in Europe, where gas is less cheap, totaled 189,461 units, up 94%. Short sighted Americans? Well, Fiat-Chrysler Automobiles is betting on gasoline to stay cheap for at least a decade as it doubles down on trucks and will forgo sedans and electric cars. Still, EVs and PHEVs are here to stay and Tesla is determined to prove all the others wrong. Its has won its first battle, as a 51% increase in sales has helped the Model S become the best selling electrified vehicle in the United States with over 25,000 sales. The Nissan Leaf drops to second place and loses 43% of its volume, as competition in its price range intensified and an updated version is on its way, promising more range. [Read more…]
Sales in the Alternative Power segment continued falling in Q3 2015 at 17% compared to the same period last year, even faster than the 12% fall in the first half of the year. It is clear that low gas prices are bad news for this segment… [Read more…]
Sales in the Alternative Power segment fell by 12% compared to the first half of 2014, one of the larger drops from among all segments. In fact, only three cars sold more in the first half of 2015 than in the same period last year – Tesla Model S and BMW’s i3 and i8. This fall in sales most likely is driven by the continuing low gasoline price, as well as the expectation that this situation may continue for a long time.
You don’t get points for guessing the market leader – the Toyota Prius has dominated this segment ever since the second generation came to the American shores in 2004. However, while the introduction of the V (quasi-MPV, albeit not available in the US with 7 seats for some reason, unlike in Europe) and C (smaller model) helped the Prius to its best showing in 2012, when almost a quarter million Prius cars were sold in the US, 2015 seems like it will be the first time since then that the Prius will sell fewer than 200,000 units. I guess customers are waiting for the new model, but you have to wonder if the awkwardly-styled Mk IV is everything they were hoping for… [Read more…]
For those of you who haven’t seen or heard about the recent “poolside” commercial for the Cadillac ELR, which was a viral hit on YouTube because of its controversial “American Pride” theme, watch it here:
In short: it features what Cadillac hopes will be a typical buyer of the ELR, a Plug-in Hybrid coupe which is technically based on the Chevrolet Volt / Opel Ampera, but will only be sold in North America, for a price tag that’s double that of the Volt. It starts with the actor standing in his bermuda shorts by the pool of his $4 million home, asking why “we” work so hard (although I don’t see any callus on his hands) and talking about how the Americans take only two weeks off in August while other countries spend the whole month with their lazy asses on the beach. [Read more…]