Matthew A. Garcia

Electric vehicles will make up a bigger slice of U.S. retail auto sales, Edmunds says

Electric vehicles likely will make up a bigger chunk of retail auto sales in 2021, which is also the first year car buyers will have the choice of all three of the most popular car styles to pick from an all-electric lineup.

a scooter is parked on the side of a road

© daniel leal-olivas/Agence France-Presse/Getty Images

That’s from analysts at Edmunds, who said their data shows that EV sales are expected to make up 2.5% of U.S. retail sales in 2021, from 1.9% in 2020.

The year is “shaping up to be a pivotal year for growth in the EV sector” after years of false starts, said Jessica Caldwell, an analyst with Edmunds.

General Motors Co. last week announced the goal of offering only electric vehicles by 2035, a move one analyst called “a shot across the bow” at Tesla Inc.

Tesla last week said it expects sales growth of 50% a year on average in future years,

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U.K. Car Sales Start Year at 51-Year Low With Dealers Shut

(Bloomberg) — U.K. car sales got off to the slowest start in half a century as dealerships were among the businesses forced to shut their doors to contain the resurgent coronavirus.


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Registrations plunged 40% in January to 90,249 cars, the lowest for the month since 1970, according to the Society of Motor Manufacturers and Traders. Battery-electric models remained a rare bright spot with sales growing 54%, though they still represent just 6.9% of the market.

The U.K.’s auto lobby group cut its 2021 sales forecast by 5% to less than 1.9 million cars and called for showrooms to be opened as soon as Covid-19 cases are suppressed to protect employment. More than 10,000 jobs were cut across the sector last year and post-Brexit trade complications are weighing on the industry’s recovery prospects.

“Every day that showrooms can safely open will matter,” Mike Hawes, SMMT’s chief executive officer, said

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UK new car sales fall 40% in January as lockdown bites

Just over 90,000 new cars were sold in the UK in the slowest January for more than 50 years, according to industry figures released on Thursday.

a car parked in a parking lot: Photograph: Justin Tallis/AFP/Getty Images

© Provided by The Guardian
Photograph: Justin Tallis/AFP/Getty Images

Sales fell 40% compared with January 2020 to 90,249, as the closure of car showrooms under lockdown compounded the economic gloom.

The Society of Motor Manufacturers and Traders (SMMT) said the uptake of “click and collect” sales had prevented an even greater fall, but could not avert the worst start to a year since 1970.

The SMMT forecasts that 2021 sales will rebound slightly from the depths of 2020, but said the industry would face a very subdued and challenging year, with showroom closures depressing demand and manufacturing output. New car sales fell by 29% last year to 1.63m vehicles, the lowest level since 1992.

Mike Hawes, the SMMT’s chief executive, said: “Following

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2020 Auto Sales: A Year of Sharp Change

After five, record-setting sales years in a row, where over 17 million vehicles were sold each year, 2020 will go down as noteworthy for many changes in the U.S. auto industry.

As the pandemic wrecked life across the globe, economic indicators in March of 2020 pointed to a deep recession. Yet, two months later the economy’s direction rebounded as new car and used car sales skyrocketed, and boat, RV and bicycle sales went through the roof. Consumers recognized the need to generate their own life experiences, outside, away from the masses.

Pickup truck and crossover/SUV sales eclipsed car sales at a previously unrecognized pace. By year end, trucks and SUVs accounted for over 80% of new vehicle sales, an utter rejection of cars as primary transportation devices as well as a complete reversal of industry trends as recent as 2013 when cars were 55% of new vehicle sales.

While overall

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