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Used EVs Outpace New
While North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.
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F&I Showroom Magazine
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SEARCHMENUSEARCHWhile North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.
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2024 Widewail Brand Scorecard analysis of four million reviews across 32 manufacturers focuses on customer sentiment as the driving factor.
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Early figures put volume up 1.4%, SAAR also up on higher inventory, incentives.
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Biden administration said to be easing stricter limits.
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Automaker also signs more dealers to scale Ocean business, prepare for future models.
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Used sales, buoyed by EV shoppers, cut into supply while harsh winter put a damper on new-vehicle business, padding inventory.
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Bob Glaser, who’s headed North Carolina’s dealer association since before many of the younger dealer staff across the state were born, is parking his career.
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Revived inventories boost nationwide retailer, though its used-vehicle business fell.
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Continued incentive increases weren’t enough to stop sales pace decline.
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