US EditionUS 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.
32 Articles
32 Articles
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. 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 quarter versus a year ago, for an annual rate …
US first-quarter auto sales grew nearly 5% despite high interest rates, but EV growth slows further
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 […]
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
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