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Auto Sales

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One Year After Federal EV Credit Ends, Hybrids Surge as EV Share Stalls at 6%
automotive2 days ago

One Year After Federal EV Credit Ends, Hybrids Surge as EV Share Stalls at 6%

One year after the $7,500 federal electric vehicle tax credit expired in September 2025, new EV sales in the US have stabilized at roughly 6% of the market, down from a 10% peak. While pure electric adoption has slowed, hybrid vehicle sales surged 23% year-over-year, capturing a record 16.3% market share. Automakers like GM and Ford maintain long-term EV commitments but have canceled several models, shifting focus to hybrids and used EVs to meet consumer demand amid rising gas prices.

via USA Today|
#auto-sales#automotive#cox-automotive
Ford holds No. 3 U.S. sales spot as Hyundai misses forecasted overtaking
business7 days ago

Ford holds No. 3 U.S. sales spot as Hyundai misses forecasted overtaking

Ford Motor retained its third-place position in U.S. light-vehicle sales for the third quarter, narrowly edging out Hyundai Motor Group. Ford reported a 6.6% year-over-year decline to 507,395 units, while Hyundai, including Kia and Genesis, rose 5.4% to 506,200 units. This outcome defied recent forecasts that predicted Hyundai would surpass Ford for the first time. Ford maintains an 89,700-unit lead over Hyundai for the year through September, despite struggles with electric vehicle sales and discontinued models like the Escape.

via CNBC|
#auto-sales#business#f-series
Ford boosts F-Series output to rebuild inventory after aluminum-supply disruptions
business1 month ago

Ford boosts F-Series output to rebuild inventory after aluminum-supply disruptions

Ford is lifting production of its F-Series trucks, including the Super Duty, after aluminum-supply fires disrupted output, with August production at multi-year highs while U.S. new-vehicle sales fell 10.3% year over year. Dealers should see more trucks on lots in the coming weeks as Ford targets a 50–60 day supply; F-Series sales are down about 10.9% through August. The disruptions could cost Ford about $1.5 billion this year, and industry-wide sales are down about 6%.

via CNBC|
#auto-sales#business#f-series
January EV Slump Signals a Policy-Driven Shakeout in U.S. Auto Market
business7 months ago

January EV Slump Signals a Policy-Driven Shakeout in U.S. Auto Market

EV registrations fell 41% year-over-year in January to about 60k (out of roughly 1.2 million total vehicles), driving EV market share down to 5.1% as gas and hybrids reclaim share amid the end of federal EV incentives and broader policy shifts. Major automakers posted double-digit declines; Honda canceled multiple U.S. EVs including the Prologue, highlighting a broader pullback in the sector, while oil-price dynamics from geopolitical tensions threaten further demand. Separately, the federal government sued California over its stricter emissions rules as gasoline prices rose.

via Jalopnik|
#auto-sales#business#california-emissions
U.S. auto market bifurcates as affluents buy pricier new cars while lower-income buyers pull back
business8 months ago

U.S. auto market bifurcates as affluents buy pricier new cars while lower-income buyers pull back

Affluent buyers are taking over new-car purchases at higher prices while lower-income shoppers retreat, signaling a K-shaped economy: the share of buyers earning under $100k dropped from 50% in 2020 to 37% in 2025, and those earning over $200k rose from 18% to 29%. With average MSRP around $51k in 2025, higher insurance costs and inflation, automakers have cut entry-level models and rely on wealthier buyers. About a third of Americans can’t afford new cars (roughly 110 affordable models for incomes ≤$65k vs 250 for ≤$105k), and average monthly payments rose to over $1,000 for 20% of buyers in Q4. Overall new-car sales cooled to 16.3 million in 2025 from over 17 million pre-2020, raising concerns that affordability constraints could shrink the market in the coming years.

via CNBC|
#affordability#auto-sales#business
economy1 year ago

US Retail Sales Rise in August Despite Economic Challenges

August retail sales increased by 0.6% from July, with a three-month average growth of 0.73%, indicating strong consumer spending despite inflation mainly driven by services. Auto sales showed volatility due to prior tariff fears, but overall retail categories like apparel, ecommerce, and restaurants are experiencing growth, reflecting robust consumer confidence and shifting purchasing patterns, including a move away from foreign direct sales and towards US-based retailers.

via Wolf Street|
#auto-sales#consumer-spending#ecommerce
US Retail Sales Drop Significantly Amid Tariff Uncertainty
economy1 year ago

US Retail Sales Drop Significantly Amid Tariff Uncertainty

US retail sales declined by 0.9% in May, the largest drop in two years, largely due to tariff-related uncertainty causing a frontloading of purchases earlier in the year, especially in autos. While core retail sales showed some resilience, economists warn of a potential slowdown as tariffs impact disposable incomes and consumer behavior in the coming months.

via Financial Times|
#auto-sales#consumer-spending#economic-slowdown