Strong demand drives US new vehicle sales higher in the first half of the year
1 year, 8 months ago

Strong demand drives US new vehicle sales higher in the first half of the year

Associated Press  

Demand for new SUVs, trucks and cars in the U.S. picked up steam in the second quarter, but the stronger sales kept prices high for consumers. Electric vehicle sales continued to rise during the first half of the year to more than 557,000 vehicles, or 7.2% of all new vehicle sales. In all of last year, consumers bought just over 807,000 EVs, or 5.8% of new vehicle sales. Stellantis sales rose 6% for the quarter, while Nissan sales jumped 33%, and Honda’s leaped 45% over poor numbers from a year ago due to parts shortages. For the first half of the year, auto sales rose 12% over 2022 to 7.7 million, still below pre-pandemic levels.

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