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Bumpy ride: First-quarter auto sales reflect a shifting market
04 Apr 2024 22:06 GMT
The auto industry is traveling a bumpy path to recovery since the pandemic as most makers reported first-quarter sales gains with three notable exceptions: General Motors Co., Stellantis NV and Tesla Inc., all of which saw declines.
Toyota Motor Corp., …
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Cooling electric car sales force Tesla, Ford, and GM to rethink investments
05 Nov 2023 14:45 GMT
After years of pumping cash into the sizzling electric-vehicle (EV) market, Tesla and other major car makers are facing a new dilemma: What to do when demand chills.While the battery-powered vehicle market is still expanding, the pace of growth has slowed …
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GM, Toyota See Big Gains in US New Car Sales, Defying Headwinds
03 Oct 2023 20:10 GMT
… -digit gains in US new car sales for the just-ended quarter … and close to 1,200 Hummer pickups in the quarter, but …
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Honda's Midwest manufacturing plants begin EV conversion
14 Apr 2024 10:00 GMT
… to 9,000-pound GMC Hummer pickups.
To that end, Anna … government mandates that ban gas car sales by 20235. Indeed, Honda has …
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Biden Admin. Wants Rules to Push Electric Car Sales to 10X Current Levels
09 Apr 2023 19:11 GMT
… .
Joe Biden and an Electric Hummer (MANDEL NGAN /Getty)
Connecticut … to 67 percent of new car sales by 2032, the sources added …
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U.S. Auto Sales Grow In Q1 As Inventories Rise, Led By 18% Jump For GM
03 Apr 2023 20:01 GMT
U.S. auto sales rose more than expected in … Cox Automotive. The results show auto sales volume, as well as sales … -gen EVs, GM sold two Hummer EV trucks, a sharp drop … on Friday.
2023 U.S. Auto Sales
After a strong start to …
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Car sales expected to rise this year as inventories improve despite high prices, interest rates
31 Mar 2023 18:35 GMT
… single-digit percentage increase in auto sales this year after two years … electric vehicles, including the GMC Hummer EV and Cadillac's …
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US auto sales up 7.5% in 1Q; interest rates hit 15-year high
03 Apr 2023 22:18 GMT
DETROIT – U.S. new-vehicle sales rose 7.5% in the first quarter as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane.
But the average auto-loan rate hit 7% during the quarter, leaving open the …
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Auto Sales Withstand Higher Interest Rates, So Far
03 Apr 2023 15:13 GMT
Automakers have mostly overcome the supply-chain challenges that upended production early in the pandemic. Now they are trying to weather a new challenge: higher borrowing costs for their customers.
General Motors and several other automakers reported on …
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U.S. Auto Sales: GM Is No. 1 Carmaker In 2022; Ford Is No. 2 EV Maker Behind Tesla
04 Jan 2023 21:52 GMT
… units of the relatively new Hummer electric pickup truck, down … of the new Lyriq and Hummer EVs, which are based … Diallo, vice president of auto sales for American Honda Motor, said … 2023 Outlook For Car Sales
In 2023, U.S. auto sales are seen rebounding …