Published 4 months ago

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.

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Associated Press News

US first-quarter auto sales grew 5.1% despite high interest rates, but EV growth slows further

New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed to 3.3%

4 months ago·United States

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abc News

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, as buyers stayed in the market despite high interest rates

4 months ago·United States

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KIFI

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

By TOM KRISHER AP Auto Writer DETROIT (AP) — New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed to 2.7% during the quarter, with mainstream buyers wary of limited range and a lack of charging stations. Automakers sold nearly 3.8 million vehicles in the first quarter versus a year ago. With inventory on dealer lots growing to…

4 months ago·Idaho Falls, United States

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Globo

Ford electric vehicle sales grow in the 1st quarter in the USA, and shares rise

The automaker delivered around 509,000 cars, up 7% compared to the same period of the previous year; Ford expects to obtain around US$ 11 billion in operating profit in 2024, up from US$ 10.4 billion in 2023

4 months ago·Brazil

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CNBC

Ford's pickups, hybrids drive 6.8% rise in first-quarter US sales

The Detroit automaker reported a 6.8% rise in first-quarter U.S. auto sales, powered by demand for its Maverick pickup trucks, crossover SUVs and hybrids.

4 months ago·United States

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KVIA

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

By TOM KRISHER AP Auto Writer DETROIT (AP) — New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed during the first three months of the year, with mainstream buyers wary of limited range and a lack of charging stations. Automakers, most of which reported U.S. sales numbers Tuesday, sold nearly 3.8 million vehicles in the first …

4 months ago·Panama City, United States

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

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US first-quarter auto sales grew 5.1% despite high interest rates, but EV growth slows further

US first-quarter auto sales grew 5.1% despite high interest rates, but EV growth slows further

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

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

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

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

Ford electric vehicle sales grow in the 1st quarter in the USA, and shares rise

Ford electric vehicle sales grow in the 1st quarter in the USA, and shares rise

Ford's pickups, hybrids drive 6.8% rise in first-quarter US sales

Ford's pickups, hybrids drive 6.8% rise in first-quarter US sales

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

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

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