TECH - U.S. Automakers Got Back On Their Pre-Pandemic Track | Benzinga
While the EV king, Tesla Inc (NASDAQ: TSLA) delivered on its promise of making 1.8 million deliveries in 2023, traditional automakers also delivered good news. General Motors (NYSE: GM) reported its best vehicle sales since 2019. Moreover, GM edged out Toyota Motor (NYSE: TM) to remain the top-selling automaker in the U.S. although Toyota reported its U.S. sales rose in 2023 due to its affordable crossover SUVs and sedans. Ford Motor (NYSE: F) reported its U.S. sales rose on the back of pickup and SUV demand.
GM Stayed Ahead Of Toyota In The U.S
Toyota Motor reported its annual U.S. sales rose 6.6%, including a 25.5% increase in December, to a total of almost 2.3 million vehicles. As for EV sales, Toyota also reported a nearly 31% YoY rise ...