{"id":34341,"date":"2022-10-22T12:03:48","date_gmt":"2022-10-22T16:03:48","guid":{"rendered":"http:\/\/autosector.com\/?p=34341"},"modified":"2022-10-22T12:03:48","modified_gmt":"2022-10-22T16:03:48","slug":"tesla-continues-dominate-luxury-car-sales-us","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=34341","title":{"rendered":"Tesla Continues To Dominate Luxury Car Sales In US"},"content":{"rendered":"

This article comes to us courtesy of\u00a0EVANNEX<\/a>, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at\u00a0InsideEVs<\/a>, nor have we been paid by\u00a0EVANNEX\u00a0to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are happy to share its content free of charge. Enjoy!<\/em><\/p>\n

Posted on<\/span>\u00a0EVANNEX October 19, 2022,\u00a0by<\/span>\u00a0Peter McGuthrie<\/p>\n

Tesla remains the leader in the luxury sector<\/a>\u00a0of the U.S. auto market, outpacing typical leaders BMW and Mercedes-Benz by a wide margin. Although Tesla doesn\u2019t reveal its specific sales numbers, current estimates hold that the automaker outsold its next competitor in luxury vehicles by over 100,000 units\u00a0\u2014\u00a0also a major win for the U.S. auto market.<\/p>\n

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Above: A Tesla Model Y. Photo:\u00a0Craventure Media<\/a>\u00a0\/ Unsplash<\/em><\/p>\n

The\u00a0Automotive News<\/em><\/a>\u00a0Research and Data Center estimates that Tesla<\/a> delivered 114,000 vehicles in Q3, representing a 47 percent increase year over year. Tesla leads the second best-seller, German automaker BMW<\/a>, by about 112,050 vehicles, all while premium luxury car sales has increased throughout the year.<\/p>\n

Total premium-brand sales amounted to 539,807 units in the third quarter for a 7.1 percent increase. Comparatively, the overall auto industry remained level in the quarter, showcasing the luxury sector\u2019s growth over the year.<\/p>\n

Luxury automakers are also seeing supply improvements, according to analyses from Cox Automotive. As of September 26, the data shows the average luxury dealer supply had increased to 47 days, up from last month\u2019s average of 44 days.<\/p>\n

Throughout the year, BMW and fellow German automaker Mercedes-Benz<\/a> have been trading hands as the second-best sellers in the luxury sector, behind Tesla. Mercedes had trailed BMW for over a year, then rallied in the second quarter to take the second-place spot. In Q3, however, BMW took back the lead.<\/p>\n

\u00a0<\/section>\n

Tesla\u2019s clinching of the top premium seller spot in the auto market likely precedes a decisive win for the year over the German companies, both of which have been key players in the U.S. market for more than a decade.<\/p>\n

BMW only sold 6,900\u00a0electric vehicles<\/a>\u00a0in the U.S., with over 4,300 of the sales taking place in Q3. The automaker cited its U.S. factory in Spartanburg, South Carolina as part of why the company has accelerated its sales, and why it expects to grow throughout the rest of the year.<\/p>\n

“We utilized our home field advantage,” said Shaun Bugbee, BMW North America\u2019s head of sales. “Our inventory position will improve for Q4.”<\/p>\n

Still, the automaker is a far cry from Tesla\u2019s vehicle sales, with the Model Y leading sales in the U.S. and beyond. As the market heads into Q4, Tesla will also continue to ramp up production at its Gigafactory Texas facility opened earlier this year, and overseas at its other new factory, Giga Berlin.<\/p>\n

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Tesla will share its Q3 financial details on October 19 in an online earnings call on the company\u2019s\u00a0investor relations<\/a>\u00a0web page.<\/p>\n

Source:\u00a0Automotive News<\/a><\/em><\/p>\n

===<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

This article comes to us courtesy of\u00a0EVANNEX, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at\u00a0InsideEVs, nor have we been paid by\u00a0EVANNEX\u00a0to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are happy to share its content free of […]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-34341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/34341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34341"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/34341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34341"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}