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Car Sales

All articles tagged with #car sales

UK EV and Car Sales Reach New Highs Amid Market Shifts

Originally Published 6 days ago — by BBC

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Source: BBC

UK new car registrations exceeded 2 million in 2025, with electric cars making up 23.4%, but the reliance on heavy discounts to boost EV sales is deemed unsustainable by the SMMT, which warns that government incentives and policies like the ZEV Mandate may need review due to rising costs and market demand concerns.

Tesla Introduces Budget-Friendly Model Y and Model 3 Amid US Tax Credit Changes

Originally Published 3 months ago — by Financial Times

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Source: Financial Times

Tesla has launched a cheaper, stripped-down version of its Model Y following the end of US EV federal tax credits, aiming to boost demand amid declining subsidies and rising competition, but shares fell as analysts questioned profit margins and demand weakens in Europe due to Musk's political activism and increased competition from companies like BYD.

Lexus Plans New LC 500 Updates and Limited Edition Before Possible Retirement

Originally Published 5 months ago — by The Drive

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Source: The Drive

Lexus has discontinued the LC Hybrid after only eight units sold last year, with the V8 model remaining available in the U.S. The hybrid was poorly received due to its slow performance and sound, leading Lexus to focus on the more popular V8 version, which is considered a future collectible.

Tesla's Q2 Earnings Preview: Expectations and Analyst Insights

Originally Published 5 months ago — by Barron's

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Source: Barron's

Tesla's upcoming Q2 earnings report is highly anticipated, with expectations of decreased sales and earnings compared to the previous year, influenced by delays in new vehicle models, policy changes affecting EV credits, and ongoing developments in AI and robotics. Investors are particularly interested in Elon Musk's statements and the company's future strategies, which could lead to significant stock movement.

Tesla's European Sales Decline Continues Amid Market Challenges

Originally Published 6 months ago — by Euronews.com

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Source: Euronews.com

New car registrations in the EU declined overall in the first five months of the year, with a significant increase in electric vehicle sales, especially in Germany, Belgium, and the Netherlands. Hybrid cars now dominate the market, while traditional petrol and diesel cars lose ground. Tesla's sales dropped by 45.2%, but Chinese automaker SAIC Motor outperformed Tesla with a 49.1% sales increase. Volkswagen remains the market leader, and overall, the EU car market is shifting towards electrification despite some country-specific variations.