Overall new light vehicle sales up 3.5% year over year. NADA raises 2025 sales forecast.
Battery electric vehicles captured 11.8 percent of U.S. new light-vehicle sales in September, an all-time high that came as federal tax credits expired at month’s end, according to data released by the National Automobile Dealers Association.
The surge represented a nearly two percentage-point jump from August and capped a rush by consumers to dealerships before the Sept. 30 deadline for the tax incentives. Overall new light-vehicle sales reached a seasonally adjusted annual rate of 16.4 million units in September, up 3.5 percent from a year
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.
Leave a Reply
You must be logged in to post a comment.