Tag: MarketShare
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BYD Auto | Achieved Record Sales of 502,657 Units in October
BYD sold 502,657 vehicles in October, setting a new monthly sales record. This achievement reflects the rising demand for new energy vehicles and BYD’s strong market position. Source: Here
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MITSUBISHI MOTORS | Production, Sales, and Export Results for September and April-September 2024
In September 2024, Mitsubishi Motors reported varied results across production, sales, and exports. Domestic production decreased year-on-year to 94.4%, with overseas production also declining to 85.3%. Domestic sales, however, reached 11,819 units, marking the third consecutive month of growth, and maintaining a market share of 3.0%. Export shipments totaled 98.1% year-on-year, showing a downward trend.…
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GM | Releases Q3 2024 Results and Updates Full-Year Guidance
General Motors announced that its Q3 2024 revenue reached $48.76 billion, with a net income of $3.1 billion and an adjusted EBIT of $4.115 billion. The company updated its full-year 2024 guidance, raising its net income expectations to $10.4-$11.1 billion and adjusted EBIT to $14.0-$15.0 billion. Additionally, GM’s EV sales reached approximately 32,000 units, expanding…
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GM | Q3 2024 Earnings
GM’s Q3 2024 earnings report shows EV sales reached approximately 32,000 units, expanding its U.S. EV market share to about 10%. The company maintained strong leadership in the full-size truck and SUV segments, achieving an adjusted EBIT of $4.1 billion in Q3 2024. GM aims to produce and sell around 200,000 EVs by 2025 and…
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Lynk & Co Sales Reach 24,439 Units in June, Record New Energy Proportion
In June 2024, Lynk & Co sold 24,439 units, up 49.2% year-on-year. Sales of new energy models hit 15,203 units, accounting for 62.2% of total sales, a record high. Total sales for the first half of 2024 reached 126,000 units, a 53.6% increase year-on-year. Source: LYNKCO 2024-07-01