Affordability cited as the main constraint as full hybrids are projected to approach one-third of North American assembly by 2030.
U.S. light-vehicle sales are expected to reach 16.1 million units in 2026 and only 16.4 million by 2030, remaining well below the roughly 17 million units a year the market sold before the pandemic, according to the latest forecast from Mobility Global Inc.
Mobility Global (NYSE: MBGL) analysts said at a recent media briefing that affordability is the single biggest challenge facing consumers and the main reason the firm does not expect sales to return to pre-pandemic volumes. Automakers are
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.