New auto sales up in 2021, but long way before full recovery
DETROIT (AP) — U.S. new vehicle sales rebounded slightly last year from 2020′s dismal...
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DETROIT (AP) — U.S. new vehicle sales rebounded slightly last year from 2020′s dismal...
DETROIT (AP) — U.S. new vehicle sales rebounded slightly last year from 2020′s dismal...
US new vehicle sales last year rebounded slightly from 2020’s dismal numbers, but were still about 2 million below the years before the COVID-19 pandemic. Although there are plenty of customers who want to buy new vehicles at hefty prices, there still are not enough computer chips for the industry to fully crank up its factories. Supplies are short, prices are high and many customers cannot get what they want. Sales last year reached 15 million vehicles, up 3.4 percent from 2020, the year that the pandemic took hold in the US. “Demand is not off at all,” Cox Automotive executive analyst ...
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