Tag Archives: decline

Maruti Suzuki, Hyundai, and Tata Were The Best-selling Car Brands In April 2024

All automotive manufacturers besides Mahindra skilled a decline in month-on-month (MoM) gross sales in comparison with March 2024

In April 2024, Maruti, as at all times, took the highest spot for being the best-selling automotive model in India, with Hyundai, Tata, Mahindra, and Kia additionally securing spots within the high 5. While few manufacturers recorded optimistic year-on-year (YoY) development, all however Mahindra confronted month-over-month (MoM) gross sales loss. Let’s take a more in-depth have a look at the efficiency of every model in April 2024 gross sales.

Brand

April 2024

March 2024

MoM Growth %

April 2023

YoY Growth %

Maruti Suzuki

1,37,952

1,52,718

-9.7%

1,37,320

0.5%

Hyundai

50,201

53,001

-5.3%

49,701

1.0%

Tata

47,885

50,105

-4.4%

47,010

1.9%

Mahindra

41,008

40,631

0.9%

34,694

18.2%

Kia

19,968

21,400

-6.7%

23,216

-14.0%

Toyota

18,700

25,119

-25.6%

14,162

32.0%

MG

4,485

4,648

-3.5%

4,551

-1.5%

Honda

4,351

7,071

-38.5%

5,313

-18.1%

Renault

3,707

4,225

-12.3%

4,323

-14.2%

Volkswagen

3,049

3,529

-13.6%

3,032

0.6%

Key Takeaways

  • Maruti Suzuki continued to be the top-selling automotive model in India in April 2024. The automaker retailed greater than 1.37 lakh models, which is greater than the mixed gross sales of Hyundai and Tata. Though the model noticed a decline of almost 9.7 % in month-on-month (MoM) gross sales, its year-on-year (YoY) development was roughly solely 0.5 %.

  • Hyundai stays forward of Tata because the second-best-selling automotive model in April 2024 with over 50,000 unit gross sales. The Korean automaker noticed a unfavourable development of 5.3 % and a optimistic development of 1 % in each MoM and YoY gross sales, respectively.

  • Tata’s MoM gross sales dipped by greater than 3,000 models (approx) final month, the Indian automaker registered a development of 1.9 % in YoY gross sales.

  • Mahindra dispatched greater than 41,000 SUVs final month. It was the one model on this checklist that had optimistic MoM development however solely a measly 0.9 %. However, its yearly gross sales have elevated by virtually 18.2 %. We anticipate this tally to go increased in coming months following the launch of the Mahindra XUV 3XO.

  • Kia witnessed a decline of virtually 6.7 and 14 % in MoM and YoY gross sales with over 20,000 automobiles bought in April 2024.

  • With over 19,000 automobiles bought, Toyota registered the very best YoY development on this checklist of 32 %. However, it noticed a decline of 25.6 % gross sales in MoM development.

  • Though MG bought over 4,500 automobiles in April 2024 with a month-to-month decline of round 3.5 %, its yearly gross sales dropped by 1.5 %.

  • Honda noticed the very best MoM decline of 38.5 %. The gross sales dipped by virtually 2,700 models in April 2024. The Japanese automaker additionally recorded a YoY decline of almost 18.1 %. This drop is probably going as a result of introduction of MY2024 updates throughout the lineup in April and can possible go as much as the standard gross sales of over 5,000 models a month.

  • Renault additionally managed to cross the gross sales mark of three,700 models final month, but it surely confronted a decline of 14.2 % in YoY gross sales.

  • Volkswagen bought round 3,500 automobiles in March 2024 respectively, going through a decline in each MoM and YoY gross sales.

Dealers informed to arrange for used ICE automobile provide to drop 69% by 2028

The quantity of ICE automobiles coming into the used automobile market is about to say no by as a lot as 69% by 2028 as automobile makers prioritise EV gross sales to hit government-legislated targets.

This forecast, from Cox Automotive, additionally calls on sellers to “prepare now” or be left behind as extra EVs start to trickle into the used automobile parc, changing the extra sought-after ICE automobiles.

Dealers may also begin to battle for probably the most in-demand inventory, predicts Cox – particularly as its information exhibits that 3.1 million fewer automobiles have been made since 2020 than within the 4 years previous it, as a consequence of Covid.

The forecast, which in contrast the earlier 4 years of recent and used automobile gross sales with the upcoming 4 years, additionally picked out different standout matters, reminiscent of how the automobile parc will change, why hybrids needs to be the key goal for sellers and the way forward for diesel.

Maruti Suzuki, Tata, And Hyundai Were The Best-selling Car Brands In February 2024

Most automobile manufacturers skilled decline in month-on-month (MoM) gross sales in comparison with January 2024

In February 2024, Maruti like all the time took the highest spot for being one of the best promoting automobile model in India. Last month, Tata climbed as much as the second spot beating Hyundai, the fourth time ever. Save for Mahindra, MG, and Renault, all different manufacturers talked about right here have skilled decline in month-to-month gross sales. Let’s take a look on the gross sales efficiency of every model for final month.

Brand

February 2024

January 2024

MoM Growth %

February 2023

YoY Growth %

Maruti Suzuki

1,60,272

1,66,802

-3.9

1,47,467

8.7

Tata

51,270

53,635

-4.4

42,865

19.6

Hyundai

50,201

57,115

-12.1

46,968

6.9

Mahindra

42,401

43,068

-1.5

30,221

40.3

Toyota

23,300

23,197

0.4

15,267

52.6

Kia 

20,200

23,769

-15

24,600

-17.9

Honda

7,142

8,681

-17.7

6,086

17.4

MG

4,532

3,825

18.5

4,193

8.1

Renault

4,080

3,826

6.6

6,616

-38.3

Volkswagen

3,019

3,267

-7.6

3,313

-8.9

Key Takeaways

  • Maruti Suzuki continued to be the top-selling automobile model in India in February 2024. The automaker retailed greater than 1.60 lakh items final month, which is greater than the mixed gross sales of Tata, Hyundai, and Mahindra. Though the model noticed a decline of practically 4 p.c in month-on-month (MoM) gross sales, its year-on-year (YoY) progress was roughly 9 p.c.

  • Tata overtook Hyundai in February 2024 gross sales by promoting greater than 50,000 vehicles in February 2024. The model additionally registered a YoY progress of practically 20 p.c.

  • Hyundai’s MoM gross sales declined by over 12 p.c in February 2024, although it nonetheless crossed the 50,000-unit mark.

  • Even although Mahindra’s MoM gross sales dipped by 1.5 p.c final month, the automaker bought greater than 42,000 SUVs in February. The Indian automaker additionally registered important progress of over 40 p.c in YoY gross sales.

  • Toyota additionally climbed as much as the fifth spot within the gross sales desk overtaking Kia, by promoting 23,000-odd items final month. Its MoM demand grew by a small margin, whereas it additionally witnessed the best YoY progress of practically 53 p.c.

  • Kia’s month-to-month gross sales declined by 15 p.c in February 2024. The automaker retailed over 20,000 vehicles final month, however noticed a downfall of practically 18 p.c in yearly gross sales.

Also Check Out: New-gen Ford Everest (Endeavour) Spotted Undisguised In India. Launch Soon?

  • Though Honda registered a YoY progress of practically 17.5 p.c final month, its February gross sales nonetheless fell brief by over 1,500 items in comparison with January 2024.

  • MG is the one automaker right here to witness a constructive progress in each MoM and YoY gross sales of 18.5 p.c and over 8 p.c, respectively. The carmaker retailed greater than 4,500 in February 2024.

  • Though Renault witnessed the most important decline of greater than 38 p.c in yearly gross sales, it managed to promote greater than 4,000 vehicles final month. The model registered a MoM progress of near 7 p.c.

  • With slightly over 3,000 items dispatched, Volkswagen took the final spot on the gross sales chart. The German automake’s MoM and YoY figures dipped by over 7.5 p.c and practically 9 p.c, respectively.

Volvo Cars studies gross sales of fifty,315 vehicles in February and highest-ever share of electrified fashions

Volvo Cars studies gross sales of fifty,315 vehicles in February, a decline of two per cent in comparison with the identical month final yr. The principal cause for the decline is the timing of the Lunar New Year in China.

In February, Volvo Cars achieved its highest-ever share of electrified fashions – each in totally electrical in addition to in plug-in hybrids and totally electrical mixed. This was primarily pushed by the ramp-up of the corporate’s new totally electrical small SUV, the EX30. Fully electrical vehicles constituted 22 per cent of all vehicles offered globally through the month, whereas the mixed gross sales of totally electrical vehicles and plug-in hybrids accounted for 44 per cent.

Sales in Europe remained robust and grew 26 per cent in comparison with February 2023, reaching 26, 773 vehicles. Sales of vehicles with a totally electrical or plug-in hybrid powertrain elevated with 18 per cent, whereas gross sales of totally electrical vehicles elevated by 31 per cent, in comparison with February final yr.

In China, gross sales reached 7,911 vehicles, a lower of 39 per cent in comparison with February 2023. The cause for the decline was as a result of timing of the Lunar New Year, which primarily befell through the month of February.

Our gross sales within the US reached 7,920 vehicles, a lower of seven per cent in comparison with final yr. Sales of vehicles with a totally electrical or plug-in hybrid powertrain grew by 6 per cent in comparison with February 2023, and accounted for 32 per cent of all vehicles offered within the US.

In December 2023, Volvo Cars launched its newest addition to the totally electrical household, the EX30. During the primary two months of 2024, a complete of 5,863 vehicles have been offered. Deliveries to clients have began in Europe, Japan and Brazil with extra markets following the approaching weeks.

For February, the Volvo XC60 remained the top-selling mannequin with gross sales reaching 16,026 vehicles (2023: 16,103 vehicles), adopted by the XC40 with whole gross sales of 13,193 vehicles (2023: 15,435 vehicles), and XC90 at 7,299 vehicles (2023: 7,120 vehicles).

             
 

February

February

Jan-Feb

Jan-Feb

 
 

2024

2023

Change

2024

2023

Change

             

Europe

26,773

21,278

26%

49,914

42,714

17%

Electrified fashions

16,133

13,698

18%

29,963

26,518

13%

 – Fully electrical

8,799

6,715

31%

16,270

12,052

35%

 – Plug-in hybrid

7,334

6,983

5%

13,693

14,466

-5%

             

China

7,911

13,066

-39%

23,953

24,849

-4%

Electrified fashions

415

1,130

-63%

1,404

2,388

-41%

 – Fully electrical

137

172

-20%

298

491

-39%

 – Plug-in hybrid

278

958

-71%

1,106

1,897

-42%

             

US

7,920

8,560

-7%

15,636

16,253

-4%

Electrified fashions

2,571

2,436

6%

4,446

4,806

-7%

 – Fully electrical

359

973

-63%

619

1,744

-65%

 – Plug-in hybrid

2,212

1,463

51%

3,827

3,062

25%

             

Other

7,711

8,382

-8%

14,214

15,990

-11%

Electrified fashions

3,147

3,414

-8%

5,624

6,708

-16%

 – Fully electrical

1,629

1,714

-5%

2,963

3,161

-6%

 – Plug-in hybrid

1,518

1,700

-11%

2,661

3,547

-25%

             

Total

50,315

51,286

-2%

103,717

99,806

4%

Electrified fashions

22,266

20,678

8%

41,437

40,420

3%

 – Fully electrical

10,924

9,574

14%

20,150

17,448

15%

 – Plug-in hybrid

11,342

11,104

2%

21,287

22,972

-7%

 

Tata Nexon Continues To Dominate The Subcompact SUV Sales In December 2023

Save for the Tata Nexon and Renault Kiger, all different SUVs recorded a decline in month-on-month (MoM) gross sales

The subcompact SUV gross sales figures for December 2023 revealed that the general MoM demand of the section went down by over 15.85 %. Leading the charts are sub-4m SUVs from Tata, Maruti, and Hyundai with over 10,000 unit gross sales every. Let’s take a look on the detailed gross sales report for every SUV within the desk under.

Sub-compact SUVs & crossovers

 

December 2023

November 2023

MoM Growth

Market share present(%)

Market share (% final 12 months)

YoY mkt share (%)

Average gross sales (6 months)

Tata Nexon

15284

14916

2.46

33.89

26.04

7.85

13559

Maruti Brezza

12844

13393

-4.09

28.48

24.2

4.28

14356

Hyundai Venue

10383

11180

-7.12

23.02

17.9

5.12

11264

Mahindra XUV300

3550

4673

-24.03

7.87

10.48

-2.61

4853

Nissan Magnite

2150

2454

-12.38

4.76

4.36

0.4

2452

Renault Kiger

865

530

63.2

1.91

4.52

-2.61

1040

Kia Sonet

10

6433

-99.84

0.02

12.47

-12.45

5666

Total

45086

53579

-15.85

99.95

     

Key Takeaways

  • The Tata Nexon crossed the gross sales mark of 15,000 items in December 2023 and it not solely maintained its high place within the subcompact SUV gross sales chart, but it surely was additionally the best-selling automotive in India final month. Tata’s just lately facelifted subcompact SUV witnessed a MoM gross sales development of about 2.5 % final month. Please word that these figures embrace the gross sales of each Tata Nexon and Tata Nexon EV.

  • Maruti Brezza was the second best-selling sub-4m in December 2023, identical because the earlier month. However, it confronted an MoM lack of over 4 %, which was greater than 1,500 items fewer than its common gross sales of the final six mont

  • The Hyundai Venue additionally skilled a drop in MoM demand with almost 800 fewer gross sales. It nonetheless managed to cross the ten,000 unit gross sales mark in December 2023.

  • The subsequent best-selling mannequin of the section was the Mahindra XUV300, crossing over 3,500 unit gross sales. The subcompact SUV confronted a MoM decline of over 24 % in December 2023 gross sales. The XUV300 can also be set to endure a makeover in 2024, and up to date spy pictures additionally reveal new options for the facelifted SUV.

Also Check Out: Facelifted Kia Sonet To Be Launched In India On This Date

  • The Nissan Magnite crossed the gross sales mark of two,000 items in December 2023 registering a decline of greater than 12 % in month-to-month gross sales. The Renault Kiger however has not crossed 1,000 unit gross sales final month, nevertheless it nonetheless registered a MoM development of 63 %.

  • The Kia Sonet’s figures for December 2023 replicate the truth that the sub-4m SUV is about to enter the market in January 2024. As such, the older mannequin’s manufacturing is stopped as soon as pending orders are accomplished.

Read More on : Nexon AMT

Watch This BMW Button Fry Itself And Emit Freaky Pink Smoke In Real Time

German automobiles are identified to say no in reliability as they age, however we have by no means seen one exhibit a mechanical failure like this. 

The Speed Academy YouTube channel revealed a brief clip to Instagram in November exhibiting what is maybe the oddest electrical fault we have ever seen in a BMW. The video exhibits host Peter Tarach making an attempt to resolve a difficulty along with his E90-generation M3’s EDC button, chargeable for controlling the stiffness of the dampers. All of a sudden, an odd pink smoke begins to emit from below the button.

“Well that’s a new one,” Tarach says. “I’ve never seen that happen.”

 

Tarach rapidly shuts off the automotive, however not earlier than we see extra smoke pour its manner into the cabin. The video’s remark part is unsurprisingly stuffed with gold. “Typical BMW gender reveal,” one reads. “That’s the BMW strawberry diffuser scent test trial. $50 monthly sub if you want that all the time,” says one other.

It’s unclear how this electrical quick occurred or the way it was ultimately fastened, as Speed Academy does not point out the bizarre failure in its latest update video on the M3. Commenters recommend the smoke might’ve been attributable to a pinched wire or liquid inadvertently coming into the middle console. Either manner, we hope Tarach prevented respiration that stuff in. 

Maruti, Hyundai, & Tata Continue To Be The Best Selling Car Brands In November 2023

All carmakers skilled a decline in month-to-month gross sales following the push from the festive shopping for interval of October

The brand-wise automobile gross sales figures for November 2023 are out, and though nothing has modified when it comes to the highest performing manufacturers and their positions, the figures paint an image of the market publish October festivities. Maruti Suzuki led the chart, adopted by Hyundai and Tata respectively. Each of the highest 10 promoting automobile manufacturers of the earlier month have skilled a month-on-month (MoM) loss in demand, whereas Kia, Skoda, and Volkswagen have additionally encountered a drop in year-on-year (YoY) gross sales. Let’s take a more in-depth have a look at the brand-wise gross sales report for the highest 10 best-selling automobile manufacturers for November 2023.

 

Brands

November 2023

October 2023

MoM Growth (%)

November 2022

YoY Growth (%)

Maruti Suzuki

1,34,158

1,68,047

-20.2%

1,32,395

1.3%

Hyundai

49,451

55,128

-10.3%

48,002

3%

Tata

46,070

48,343

-4.7%

46,040

0.1%

Mahindra

39,981

43,708

-8.5%

30,233

32.2%

Kia

22,762

24,351

-6.5%

24,025

-5.3%

Toyota

16,924

20,542

-17.6%

11,765

43.9%

Honda

8,730

9,400

-7.1%

7,051

23.8%

MG

4,154

5,108

-18.7%

4,079

1.8%

Skoda

3,783

4,566

-17.1%

4,433

-14.7%

Volkswagen

3,095

4,089

-24.3%

3,570

-13.3%

Key Takeaways

  • Maruti Suzuki witnessed a major drop in MoM gross sales of 20 %, however continues to be comfortably the best-selling automobile model in November 2023, with unit gross sales of greater than 1,34,000 models.

  • Hyundai hangs onto second spot within the month-to-month gross sales chart by retailing greater than 49,000 vehicles in November 2023, although it too skilled a drop in MoM efficiency at a drop of 10 %.

Also Check Out: Shah Rukh Khan Takes Home The Hyundai Ioniq 5, His First EV

  • With over 46,000 models bought in November, Tata retained the third spot within the gross sales desk. Of all of the remaining automobile manufacturers, Tata’s efficiency was  probably the most constant in each MoM and YoY gross sales, with the bottom MoM lack of practically 5 %.

  • Mahindra firmly retains the fourth place in November 2023 by promoting practically 40,000 models. Although Mahindra’s MoM gross sales declined by 8.5 %, its YoY gross sales went up by over 32 %.

  • Kia was the fifth best-selling automobile model in India in November 2023, having bought greater than 22,700 models. Although Kia skilled a decline in each MoM and YoY gross sales, it’s anticipated to regain market share with the launch of the Kia Sonet facelift in early 2024.

  • Toyota bought practically 17,000 models final month and recorded the very best YoY progress of round 44 % in November 2023. However, its MoM gross sales went down by over 3,600 models, a decline of over 17 %.

Also Check Out: All The Advantages And Disadvantages Of Buying A New Car At The End Of A Calendar Year

  • Even Honda skilled a drop in MoM gross sales of seven %. The Japanese carmaker retailed greater than 8,700 models in November 2023, recording constructive YoY progress of practically 24 %. 

  • MG secured the eighth place on the month-to-month gross sales chart by promoting over 4,000 models in November. Despite a loss in MoM gross sales, the model maintained a constant YoY demand. 

  • Skoda and Volkswagen are on the backside of this checklist, falling wanting the  4,000 models gross sales mark. Both manufacturers have skilled losses in each MoM and YoY gross sales. Volkswagen recorded the very best lack of 24.3 % in month-to-month gross sales.

2025 Toyota Camry: How America’s Best-Selling Sedan Aims To Maintain Its Lead

Summary

  • Despite the decline in midsize sedan sales, the Toyota Camry remains one of the best-selling cars in America, outselling popular SUVs.
  • The 2025 Toyota Camry features a sharper and more elegant look, with improvements to the interior design and materials.
  • The Camry is now only available as a hybrid, with the V-6 engine discontinued, but it offers an optional all-wheel drive (AWD) system for improved traction.

Midsize sedan sales aren’t as strong as they used to be in the midst of the SUV boom, but there have been a few survivors in this segment, most of which are from Asian automakers. That’s because, while the overall demand for sedans did decline, it didn’t disappear completely, as there’s still a segment in the market that wants a low and sleek way to travel around. As American automakers have abandoned the segment, Asian automakers have remained committed to whatever demand that’s left.

Case in point, the new 2025 Toyota Camry. While sales have remained mostly flat throughout the years, the mere fact that it’s the seventh best-selling car in America, and it even outsells a number of popular SUVs and crossovers like the Nissan Rogue says a lot about the Camry’s popularity among sedan buyers. Along with the perennially good Honda Accord, the Camry remains at the pinnacle of sedan sales, which is why Toyota isn’t wasting any time in redesigning the new Camry.

Related: Comparison: 2024 Toyota Camry Vs. 2024 Lexus ES

In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including Toyota and Car and Driver.

Sharper Looks, Plusher Interior

Now in its ninth generation, the new 2025 Toyota Camry debuts a sharper yet more elegant look, though one that looks quite familiar. That’s because while this may be a new generation model, a lot of the previous model’s foundations have been inherited by this new Camry. This includes the TNGA-K platform, which is what a host of other Toyota also use.

Two Distinct Flavors To Choose From

Actually, if you take a look at the design, one look at the proportions gives you a sense of déjà vu, though all the exterior panels are new to the Camry. Up front, the new 2025 Camry adopts the so-called “Hammerhead” front fascia that first debuted in the new Prius, which is characterized by C-shaped LED daytime running lights. Just like before, the Camry comes in two distinct flavors, the elegant LE and XLE, while those wanting more sportiness out of their Camry can opt for the SE and XSE. The XSE comes with an optional black contrasting roof, sportier wheel designs, as well as sportier front and rear bumpers.

From the A-pillar and back, though, and that’s where the familiarity with the outgoing Camry is evident. The A-pillar section looks carried over from the previous generation, while the roofline and C-pillars have been given a sleeker treatment to give this midsize sedan a lowered stance. Wider LED taillights and a new “Beyond Zero” horizon-style badge complete the transformation.

More Sophisticated Than Ever

Moving inside, the transformation of the Camry is much more prominent. There’s a new, thicker, and heavily sculpted dash which consists of a canopy effect that visually separates the driver from the front passenger. Material quality has also been improved from the previous model, with a greater use of soft-touch materials and leather upholstery on the lower sections of the dash. XLE and XSE variants also get upgraded interior upholstery, wherein the XLE uses leather and Dinamica® microfiber-trimmed seats, while the sport-oriented XSE comes with Black with blue lined perforations or Cockpit Red leather upholstery.

On the tech front, the LE and SE models come with a 7-inch digital gauge cluster and 8-inch Toyota Audio Multimedia System, while XLE and XSE come with a pair of 12.3-inch screens for both the gauges and the infotainment screen. A nine-speaker JBL sound system is optional regardless of the variant. While the infotainment system is new, using it to its full potential requires an active available Drive Connect and Remote Connect trial or subscription. The former adds an intelligent personal assistant to the infotainment that can be summoned by saying “Hey Toyota”, while the latter lets you use the Digital Key–a feature that lets you use your smartphone as a key via the Toyota app.

Related: Why The Toyota Camry Hybrid Offers The Best Bang For Your Buck

You’ll Be Missed, V-6

Toyota

The Camry is a major contributor to Toyota’s heavy push on hybrids, and in this ninth-generation model, this is the only powertrain you can get. Yes, that means saying goodbye to the V-6, another casualty of ever-stricter emissions regulations. More crucially, the hybrid-only lineup comes with an added appeal because of one crucial addition to make this attractive to those living in challenging conditions.

But An AWD Hybrid Is Now Available

That’s because while the V-6 went the way of the Dodo, the 2025 Toyota Camry now comes with optional all-wheel drive (AWD) for the hybrid drivetrain. On top of the new, fifth-generation Toyota Hybrid System, which consists of a familiar 2.5-liter Atkinson-cycle four-cylinder gasoline engine and two electric motors, the AWD version adds a third electric motor to power the rear wheels when more traction is needed.

Without the AWD, the Camry makes 225 horsepower, which is already a 17 horsepower gain from the outgoing model. When you add the AWD, the third electric motor adds seven horsepower to the system’s output, bringing the figure up to 232 horsepower. Do note, however, that the AWD system is an on-demand system, which means that it’s only producing the full 232 horses when additional traction is needed. In addition, Toyota does not disclose the total torque figures of its hybrid drivetrains.

Handling And Safety Improvements Across The Board

While the 2025 Camry seems to carry over its TNGA-K platform, we do think that this will come with chassis upgrades to improve comfort and handling. Actually, speaking of handling, Toyota touts that the Camry has re-engineered suspension for more responsive and agile handling. This is implemented on all variants of the Camry, but the SE and XSE benefit from an even sportier tune for the suspension that improves stability and handling over the standard models even further.

The new Camry also gets an upgraded Toyota Safety Sense suite of advanced driver-assistance systems (ADAS), and the major highlight is the new Proactive Driving Assist (PDA). PDA basically enhances the already-existing adaptive cruise control by providing steering and braking support during curves and even the detection of obstacles when going through such curves.

Related: 2023 Mid-Size Sedan Battle: Toyota Camry Vs. Honda Accord Vs. Hyundai Sonata

America’s Best-Selling Sedan Continues To Shine

Toyota

The 2025 Toyota Camry’s changes seem to be incremental from a technical standpoint, especially since the exterior design seems to be a heavy facelift from the outgoing model, but these changes are enough to maintain its dominance in the midsize sedan segment. What’s more, that hybrid powertrain did become more powerful, and, with the added appeal of optional AWD, the Camry will be even more attractive to those living in climates with frequent snow or rain.

Electrification Plays A Major Role

Remember Akio Toyoda’s “I told you so” moment? Electric vehicle (EV) sales have slowed down (albeit still growing) in recent months, while hybrids are becoming more popular than ever, spending shorter times sitting in dealer lots. Now that the Camry is purely offered as a hybrid, Toyota will continue its streak as one of the most popular electrified brands in the world despite not having a competitive EV in its lineup.

The highly-popular Camry is also a perfect vehicle to put more Americans in the seat of an electrified vehicle as ownership lifestyle concerns continue to hinder Americans from buying pure EVs. Just how good the new Camry is compared to the previous generation model? Here’s a handy chart to help you see how it has changed from a technical perspective.

2024 Toyota Camry

2025 Toyota Camry

Engine

  • 2.5-liter four-cylinder
  • 3.5-liter V-6
  • 2.5-liter four-cylinder hybrid with one electric motor
  • 2.5-liter four-cylinder hybrid with two electric motors (three electric motors for AWD)

Layout

  • Front engine, front-wheel drive
  • Front engine, all-wheel drive
  • Front engine, front-wheel drive
  • Front engine, all-wheel drive

Horsepower

  • 203 hp (2.5-liter)
  • 301 hp (3.5-liter V-6)
  • 208 hp (2.5-liter hybrid)
  • 225 hp (2.5-liter hybrid FWD)
  • 232 hp (2.5-liter hybrid AWD)

Torque

  • 184 lb-ft (2.5-liter)
  • 267 lb-ft (3.5-liter V-6)
  • N/A (2.5-liter hybrid)
  • N/A (2.5-liter hybrid FWD, AWD)

Transmission

  • 8-speed automatic (2.5-liter, 3.5-liter V-6)
  • e-CVT (2.5-liter hybrid)
  • e-CVT (2.5-liter hybrid FWD, AWD)

0-60 mph

N/A

TBA

Base MSRP

$26,420

TBA

Arriving In Dealers In Spring 2024

However, if you want one already, there will still be quite a wait as the Camry isn’t expected to arrive in dealers until Spring 2024. The new Camry has been primarily designed and developed in North America since this is also where the Camry is highly popular. Pricing and full specifications are expected to be announced by then.

Why Now Is The Perfect Time To Invest In Classic Cars

Summary

  • The classic car market experienced a decline at Monterey’s auctions, raising the question of whether now is the time to invest in classic cars.
  • Pre-war classics defy market fluctuations and continue to hold their value, with brands like Bentley and millennials driving demand.
  • Various indices, such as the Knight Frank Luxury Investment Index and Hagerty’s data, provide insights into the performance and volatility of classic cars as an investment asset class.

The classic car market recently saw a decline in sales at Monterey’s auctions, leading to the question of whether it is a good time to invest in classic cars. However, pre-war classics have shown resilience and have maintained their value. Brands like Bentley and the growing interest of millennials have contributed to the demand for these types of cars. Several indices, including the Knight Frank Luxury Investment Index and Hagerty’s data, provide valuable information about the performance and volatility of classic cars as an investment asset class.

The market at Monterey’s auctions experienced a decline in sales compared to the previous year. The sell-through rate dropped from 78 percent to 68 percent, and even renowned brands like Ferrari were affected. For example, a 1967 Ferrari 412 P, estimated at $40 million, sold for only $30.2 million. This decline raises the question of whether it is a good time to invest in classic cars.

Monterey’s Top Classic Car Sales: A Glimpse

The top classic car sales at Monterey’s auctions included a 1957 Jaguar XKSS Roadster, which sold for $13.2 million, and a 1962 Ferrari 250 GT SWB Berlinetta, which fetched nearly $9.5 million. Other notable sales included a 1959 Ferrari 410 Superamerica SIII Coupe and a 1937 Bugatti Type 57SC Tourer. Ferraris dominated the top 10 sales, which is a common trend at Monterey’s auctions. Auction houses such as Gooding & Co. and RM Sotheby’s had impressive sell-through rates of 76 percent and 85 percent, respectively. Bonhams and Broad Arrow also secured spots on the list with sell-through rates of 73 percent and 80 percent, respectively.

Although there was a decline in sales at Monterey’s auctions, classic cars from the pre-war era have shown resilience. Bentley, in particular, has seen success with its prewar continuation series, and millennials have shown a growing interest in these classics. Pre-war classics are prized for their craftsmanship, design, and quality, and they continue to capture the hearts of enthusiasts and collectors. Some notable sales in this category include a 1914 Mercer Type 35-J Raceabout, a 1933 Alfa Romeo 8C 2300 Cabriolet, and a 1912 Simplex 50 HP Toy-Tonneau. RM Sotheby’s ‘barn finds’ collection, which featured derelict Ferraris, also garnered significant attention and high prices.

Understanding The Market Through Indices:

There are several indices that provide insights into the classic car market as an investment asset class. The Knight Frank Luxury Investment Index reports a 25 percent growth in vintage cars over the past year, positioning classic cars as the second-best performing luxury asset after fine art. However, classic cars also exhibit volatility, similar to startups, which presents both potential rewards and risks. The Historic Automobile Group International (HAGI) index suggests that classic cars outperformed most major collectibles during the 2008-2010 recession, with only gold outperforming them. Hagerty, another renowned name in the industry, categorizes the market into segments and provides its own market rating. The Hagerty Blue Chip Index shows stability in the blue-chip classics segment, while the Affordable Classics Index has shown growth, particularly post-pandemic. Muscle Cars have also displayed growth and enduring appeal.

Leading the classic car market are brands like Mercedes-Benz, Porsche, and Ferrari. Ferraris, in particular, are considered the “blue chips” of the sector. While Ferrari had impressive sales in 2022, Porsche had a higher volume of cars auctioned in Q4 2022. When considering future classics, sporty 90s cars like the first-generation Dodge Vipers are seeing prices increase. Recent models with luxury and uniqueness are also in demand. Classic cars are often compared to fine wine in terms of their value appreciation and rarity. However, caution is advised in this volatile market, favoring Affordable Classics and Muscle Cars. The classic car market is expanding in Asia and remains a compelling investment option for those passionate about these timeless vehicles.

Why Now Is The Perfect Time To Invest In Classic Cars

The recent decline in sales and market fluctuations in the classic car market present a golden opportunity for investors. Pre-war classics continue to hold their value and defy market fluctuations. The growing interest of millennials and brands like Bentley contribute to the demand for these classics. Various indices, such as the Knight Frank Luxury Investment Index and Hagerty’s data, provide valuable insights into the performance and volatility of classic cars as an investment asset class. Classic cars possess a timeless charm, craftsmanship, and beauty that make them a compelling investment option. Now is the opportune moment for investors to enter the world of classic car investments.