Tag: U.S. market
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Ford | Growing Electric, Hybrid, Truck Sales Back Q3 Gains; Ford No. 1 Brand
Ford’s U.S. retail sales increased by 4% in Q3 2024, outperforming the industry, which saw a 2% decline. Hybrid and electric vehicle sales were strong, with hybrid truck segment share reaching 77%. The F-150 Hybrid saw a 64% increase, while Maverick sales also rose, making them leaders in the hybrid pickup market. Electric vehicle sales…
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General Motors | U.S. Q3 Sales: Another Record Quarter of EV Sales
General Motors (GM) reported a total of 659,601 vehicles sold in the U.S. for Q3 2024, a 2% decrease year-over-year. However, EV sales reached a record high of 32,195 units, marking a 60% year-over-year increase. GM continues to grow its EV portfolio faster than the market, providing a wide range of all-electric vehicles. Source: U.S.…