US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019

  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The US auto industry is truly on the rebound. In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a

lucky little blip? Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than US auto industry sales in the 4th quarter of 2021.

Heck, dreaming big, Tesla could even aim for #4. It’s stunning, but it’s within reach — even with just a handful of models. In Q4 2022 vs. Q4 2021, about half of auto brands saw their sales increase while about half saw their sales decrease. Clear winners in terms of volume growth were Chevrolet and Toyota. Key winners in terms of percentage growth were Cadillac and Audi. Tesla was 5th in terms of volume growth as well as percentage growth.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 565. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines