07/03/2025
🔲 CAR BRANDS US MARKET SHARE 2024.
👉 Nearly 16 million vehicles were sold in the United States in 2024, the highest volume since 2019.
👉 The big three, GM, Toyota and Ford make 45%, followed by strong Japanese shares of 38%, Korea, 11%, Germany 9%, Tesla 4%.
👉 GM, Toyota, and Ford dominate the U.S..
Hyundai, Kia Motor and Honda remain strong contenders, with 11% and 9%.
Tesla could take 4%, selling their BEVs and dominating the electric market.
👉 The U. S. car market is still strong in SUVs and crossovers, favored for their versatility and safety. Electric vehicles (EVs) are growing due to technology improvements, better charging options, and supportive government policies in 2024.
👉 Major companies like General Motors and Ford try to focuse on EVs, with oszillating success. Newcomers like Tesla and Rivian follow their own "zero emission" attitude. Key trends include the rise of autonomous driving and better vehicle connectivity, despite supply chain issues.
source: globalnetwork
Rajendra Mhalgi Harsh Jagad Yue Ma Mir Sami Shivam Sharma Ben (ベン) Carstensen (カーステンセン) Samer El-Khoury Alex Cirstea Sahil Dalal
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