Auto sales up 5% over last year, but EVs lag
New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates.
Stay updated with breaking news from Ivan Drury. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates.
In the first quarter of 2024, GM sold 16,425 EVs. In the first quarter of 2025, GM will need to sell 250,000.
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 electr
New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates.
Most automakers reported strong year-over-year sales increases from January through March, but General Motors, Stellantis, Kia and Tesla all reported declines.