US new car sales surge in 2024 as demand for hybrids and incentives drive growth

US new car sales surge in 2024 as demand for hybrids and incentives drive growth

US new car sales surge in 2024 as demand for hybrids and incentives drive growth By: Reuters | Updated on: 04 Jan 2025, 08:58 AM US new-car sales rose to 15.9 million in 2024, driven by increased inventories and demand for hybrids. Automakers predict strong sales into 2025, but potential policy changes under President-elect Trump … Read more

BYD sells record half a million plug-in cars in October, outpaces Tesla Q3 sales

BYD sells record half a million plug-in cars in October, outpaces Tesla Q3 sales

BYD sells record half a million plug-in cars in October, outpaces Tesla Q3 sales By: Bloomberg | Updated on: 02 Nov 2024, 10:16 AM BYD reported a 24 per cent revenue increase to 201.1 billion yuan in Q3, outperforming Tesla. The company achieved record sales in October, driven by … BYD reported a 24 per … Read more