U.S. Auto Sales Rise in 2024: What's in Store for 2025?

The U.S. auto industry has shown remarkable resilience in 2024, continuing its rebound after experiencing a decade-low in 2022. With replenished inventories, rising hybrid demand, and strategic promotional incentives, most automakers closed 2024 on a high note.New car sales in the United States increased to 15.9 million units in 2024, marking 2.2% year-over-year growth, according to Wards Intelligence. This five-year high was buoyed by robust holiday sales, which spiked 6% in December, and an impressive per ...