Sunday, May 22, 2022
News Tesla is Leading Sales of Luxury Vehicles in the US in 2022,...

Tesla is Leading Sales of Luxury Vehicles in the US in 2022, According to Experian

Tesla took first place in US sales rankings among luxury automakers since the beginning of the year

  • Tesla registrations were up 49% year over year in January
  • The automaker finished 2021 second in the luxury segment
  • BMW is now in second place, with sales that rose 8.2% over last year

Tesla is continuing to increase its market share and it is currently the best-selling luxury automaker in the United States for the 2022 calendar year.

Tesla took the lead from BMW with sales that have increased 49% in January over the same month in 2021. This means the Californian automaker produced 37,162 vehicles in the first four weeks of the year.

The electric automaker had been climbing in the sales ratings for a few years and it ended 2021 in second place among luxury automakers, just behind BMW and in front of Lexus.

Tesla’s early lead was also helped by the continued semiconductor shortage and the supply issues caused by instability in Europe which affect most automakers and especially German ones.

Tesla is able to better cope with those constraints du to the high level of integration of its supply chain, which means it is less dependent to outside suppliers than most other automakers and it can better react to market shifts by adjusting its production.

BMW’s sales improved 8.2%, with 30,563 units, which wasn’t enough to keep the first position and Lexus is keeping third place despite its sales which have dropped by 6% to settle at 24,843 units delivered. Mercedes-Benz is fourth, with 22,022 vehicles sold, a decrease of 20%.

More sales should be expected from Tesla later this year when its two new Giga factories in Texas and in Berlin begin regular production of vehicles in addition to its two current assembly facilities. This should further reduce the factors that limit the automaker’s total production.

Trending Now

BMW M4 CSL is 240 lbs Lighter, 40 Horses More Powerful, 100 Percent More Exclusive

Just 1,000 M4 CSL models for the world BMW uses legendary badge for the 3rd time For just the third time ever, BMW has...

The Toyota Tundra and Tacoma Receive a new SX Appearance Package for 2023

The SX package is available on the SR5 trim level for both trucks This package includes body-colored and blacked out exterior and interior...

The Mercedes-AMG GT63 S E Performance Adds an F1 Edition

This special edition commemorates the relationship between AMG and the Mercedes F1 team The hybrid drivetrain that powers it is a result of...

The Toyota Sienna Turns 25 and Gets a Limited-Availability Anniversary Edition

The Sienna took over from the Previa in 1998. Nearly 300,000 have been sold in Canada since. The current 4th generation launched for...

2023 Nissan Z Priced From $46,498 in Canada

New Z nearly $16,000 more than the last Z 400 hp 3.0L V6 comes standard Nissan has just announced pricing for its latest zed...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.