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Ford and GM Experience Significant Sales Growth, Notably in Electric Vehicles

share-iconFriday, January 03 comment-icon2 weeks ago 9 views
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nytimesNYTIMES
Ford and GM Experience Significant Sales Growth, Notably in Electric Vehicles

Credited from: NYTIMES

  • General Motors and Ford Motor reported notable increases in vehicle sales in the final quarter of 2024.
  • G.M. experienced a 21 percent rise in sales, totaling over 755,000 vehicles, with electric vehicle sales doubling.
  • Ford's sales reached more than 530,000 vehicles, marking an increase of nearly 9 percent, including 30,176 electric vehicles.
  • Overall, G.M. sold 2.7 million vehicles in 2024, while Ford approached 2.1 million, with both companies showing over a 4 percent increase.
  • Analysts forecast further growth in 2025, projecting industry sales to rise to 16.3 million vehicles supported by improved economic indicators.

For more details, visit the original article at NY Times.

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