Sales of hybrids are robust as General Motors, Ford Motor, and Volkswagen walk back ambitious targets for electric vehicles. Stubbornly high electric car prices and worries about charging push car shoppers to hybrids. Hybrids deliver savings at the pump without the need to plug in and have smaller, cheaper batteries than fully electric vehicles.
GM, other carmakers see high rates, prices dent sales growth spokesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spokesman.com Daily Mail and Mail on Sunday newspapers.
General Motors Co. and several other automakers reported slowing sales growth toward the end of last year in the United States while rival Toyota Motor Corp. s volume remained strong, as near-record sticker prices and high interest rates led to uneven effects across the auto market.
General Motors Co. and several other automakers reported slowing sales growth toward the end of last year in the United States while rival Toyota Motor Corp. s volume remained strong, as near-record sticker prices and high interest rates led to uneven effects across the auto market.
Automakers in US grapple with sales slowdown on back of high retail price and interest rates financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.