Published

US first-quarter auto sales grew nearly 5% despite high interest rates, but EV growth slows further

  • New vehicle sales in the U.S. Rose nearly 5% from January through March, with automakers selling nearly 3.8 million vehicles in the first quarter.
  • Electric vehicle sales grew only 2.7% to just over 268,000 during the quarter, with EV share of total U.S. Sales falling to 7.1% in the first quarter.
  • General Motors, Stellantis, Kia, and Tesla reported declines in sales, while Toyota reported a 20% increase for the quarter.
Insights by Ground AI
Does this summary seem wrong?

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 65% of the sources are Center
65% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)