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Sales of zero emission vehicles (BEV, PHEV, & Fuel Cell) accounted for 5.8% of total vehicle sales in April 2022 (71,714 units), up 2.8 pp from a year ago and down 0.1 pp from March 2022. Sales of battery electric vehicles led the way for ZEVs, accounting for 4.52% of total sales, up 2.4 pp from March 2021.*
Pure EV Sales at All-Time Record in US, whose transaction prices are close to a $70,000 making them a new category – Luxury Clean – in AutoInformed’s view. Republicans, with a long history of backing from Big Oil, continue to block the Biden Administration’s Build Back Better plan that addresses drastic climate change and prepares the way for a cleaner future.
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BREXIT Curse – UK Car Production Falls -11.3% in April
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UK car production fell -11.3% in April year-on-year with 60,554 units rolling off factory lines, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). The ongoing global shortage of semi-conductors, the impact of the war in Ukraine on supply chains, model changes and broader industry structural changes all contributed to a volatile month’s output.
The same applied to year-on-year export comparisons, with the closure of a major UK car plant in 2021 continuing to impact export figures, particularly to the US. 7,752 fewer cars were made in the month than a year before and the total was -14.7% below the April 2019 pre-pandemic level.
Overall car output itself down -44.5% compared to April 2018, due to shutdowns rescheduled to mitigate against the possibility of a no-deal Brexit1 as that folly continues to haunt the industry and the government with strong independence movements growing in Ireland and Scotland.2 Continue reading →