2023 US Automotive Sales Beats Forecast, Best Since 2019 – RVBusiness – Breaking RV Industry News
General Motors and Ford Motor Co. eked out small fourth-quarter gains while Toyota Motor Corp. and Honda Motor Co. finished 2023 with double-digit sales increases in December, capping the U.S. auto industry’s best full-year total since 2019, according to a report by Automotive News.
The market rose 16% to 1.5 million last month, well above forecasts, GlobalData said Thursday in a preliminary report, and finished up 13% at 15.6 million for all of 2023.
“End-of-year deals appeared to lure many more buyers across the country, with automakers willing to offer more significant discounts and, in some cases, divert more volume to fleet sales,” GlobalData said.
