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2024/06/27 00:01:09

Automobiles (US market)

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Main Article: Automobiles (Global Market)

2025: Share of electric vehicles in new car sales reaches 11%

In the third quarter of 2025, 438.5 thousand electric vehicles and pickups were sold in the United States - a record figure that amounted to 11% of all sales of new cars.

However, experts predict a decline. According to Cox Automotive, electric cars will take up to 25% of the market by 2030, although they previously expected 50%.

Tesla holds the lead, but competitors quickly close the gap: its share fell from 80% four years ago to 41%.

General Motors is strengthening its position - thanks to the new Chevrolet Equinox, which took a stake in 15% of electric vehicle sales.

The used electric vehicle market is growing, and at least nine new models are cheaper than $40,000 by 2028.

"The industry will become electric - there is no way back," said Hakan Samuelsson, head of Volvo Cars.

2024

Car imports by $205 billion exceed exports

U.S. Auto Trade 2024:

  • Exports: $104 billion
  • Import: $309 billion
  • Deficit: $205 billion

In 2024, the volume of US auto trade amounted to $414 billion, including $104 billion in exports and $309 billion in imports, which led to a trade deficit of $205 billion.

Between 2014 and 2024, imports increased by 41%, which contributed to a 77% increase in the trade deficit, Bloomberg wrote.

The largest truck importing countries in the United States in 2024
Data for 2024

15 thousand car dealers in the United States have not been able to work for some day due to a cyber attack. They switched to paper document management

At the end of June 2024, American car dealers faced massive disruptions in the operation of IT systems due to a cyber attack. Some companies had to switch to paper document management, while others had difficulty transferring vehicles to buyers. Read more here

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