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Tag Archives: Stephanie Valdez Streaty
US Auto Sales Forecast Trump Bump or Bumpy 25?
The experts at Cox Automotive said today that the U.S. Automotive forecast for 2025 is likely positive with what they termed the Goldilocks economy – not too hot nor too cold but just right.
“Instead of a slowing economy, we have a stabilizing economy and most importantly, a stabilizing labor market,” said the estimable Jonathon Smoke Cox, Automotive chief economist. “We can stop fretting about a soft landing and acknowledge we’ve navigated restrictive rates, slowing job growth and increasing unemployment. But as we end 2024, momentum is back on our side. And the labor market is expected to remain at full employment,” said Smoke. Continue reading
Posted in auto news, car sharing, connected vehicles, economy, electric vehicles, manufacturing, marketing, news analysis, sales, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Charlie Chesbrough, Jonathon Smoke, Ken Zino, Stephanie Valdez Streaty, X @KenAutoinformed
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Auto Industry Continues to Rebound from Pandemic Lows
Cox Automotive* experts on a media call today said U.S. new-vehicle sales in Q1 will increase 5.6% year-over -year (YoY) and reach 3.8 million units. The YoY increase in Q1 sales implies that the new-vehicle market in the U.S. continues to recover slowly from the 10-year low – 13.8 million total sales – recorded in 2022. AutoInformed notes that the Biden Administration recovery continues despite the Federal Reserve’s efforts to harm the economy by keeping interest rates unduly high. Continue reading
Posted in auto news, economy, electric vehicles, manufacturing, marketing, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden Administration economic recovery, Charlie Chesbrough, Cox Automotive, Jonathan Smoke, Ken Zino, Stephanie Valdez Streaty
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Q1 2025 U.S. EV Sales Up 10%. Tesla Down
“General Motors sold a lot of EVs in Q1 of 2025. While GM suffered through painful and slow product launches in 2023 and 2024, the long-promised EVs are starting to flow. More than 30,000 EVs from General Motors brands were sold last quarter, nearly doubling the volume from a year ago and passing both Ford Motor Company and Hyundai Group along the way. And worth noting, Honda and Acura added more than 14,000 EVs to the U.S. market last quarter as well, up from zero a year ago, all courtesy of a short-lived partnership with GM. Stellantis got in the EV game in Q1, with new products from Dodge, Jeep and Fiat. It’s a start.” said Cox Automotive. Continue reading →