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December total new-vehicle sales are projected to rise to 1,520,000 from last year, though the month has one lesser selling day compared to previous year. US new vehicle sales set to rise 7.3% in ...
Electric vehicle sales rose 8.8% for the year to just under 1.3 million, beating 2023's record of 1.19 million. US new vehicle sales rose 2.7% last year as prices and interest rates dropped a ...
But EV sales growth slowed toward the end of the year. In December, they rose 34%. Gas-electric hybrid sales grew 54% to 1.2 million last year, with market share leaping from 5.6% in 2022 to 7.7%.
The Detroit automaker shrugged off a hit from a costly auto strike to report U.S. new vehicle sales of about 2.6 million units for 2023, up 14.1% from 2022, while Toyota's annual sales rose 6.6% ...
Ford reported May US auto sales that jumped considerably, once again powered by hybrid vehicle and truck sales.For the month, Ford sold 190,014 vehicles, an 11.2% increase from a year ago and up 6 ...
But despite lower prices and higher incentives, U.S. new-vehicle sales pace slowed in the first month of the year, the report said. Electric vehicles (EV) have also been a cause of concern for ...
After a difficult Q1, auto sales slump again during April-June 2022 as parts shortage hobbles output. Cox Automotive lowers full-year US new-vehicle sales forecast amid inventory challenges.
GM forecasts total US auto industry sales to hit 16 million in 2024, which would be a strong improvement post-pandemic; only 13.4 million vehicles were sold in 2022, the lowest in a decade.