Sales in Q3 are expected to surpass 3.9 million, a jump of more than 15% from the same timeframe one year ago.
EV sales jumped by 68% year over year in Q, and for the first time, EV sales in the U.S. nearly equaled hybrid sales.
Analysis: The turning point in EV adoption will come as we move beyond early adopters and begin to see mainstream America choose EVs. The full-size pickup segment is where this might well happen.
The Cox Automotive Insights team looks at key industry trends ahead that overall point to a healthy year.
The growth of electrified vehicle sales in the U.S. is a result of more product availability and wider consumer acceptance.
Survey: Car dealers are most optimistic when traffic is good, profits are strong, and when new and used vehicles prices are high.
The fleet management company's new vehicle remarketing program shortens the needed selling time.
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