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New vehicle sales in the U.S. rose nearly 5% in 2024 as buyers defied high interest rates, but EV sales growth slowed

Automakers, most of which reported U.S. sales numbers Tuesday, sold nearly 3.8 million vehicles in the first quarter versus a year ago, for an annual rate of 15.4 million in sales.

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U.S. First-Quarter Auto Sales Grew Nearly 5%

US first-quarter auto sales grew nearly 5% despite high interest rates

New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates.

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Tesla Reports Drop In Auto Sales, While Toyota Sees US Surge

Tesla reported sharply lower first-quarter auto sales on Tuesday amid an underwhelming demand outlook for electric vehicles, while legacy players including Toyota rode improved US inventories to higher sales.

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Tesla reports drop in auto sales, while Toyota sees US surge

Tesla reports drop in auto sales, while Toyota sees US surge
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