2024 USA car sales were up 4% in the first quarter reaching 3.75 million vehicles. General Motors ranked #1 with almost 600,000 vehicles sold. Toyota ranked #2, up 20% year over year.
Rivian increased production and nearly doubled sales compared to the first quarter of last year.
Stellantis declined 10% as it phased out muscle cars to pave way for electric models.
Honda gained ground, up 17% year-over-year, and passed Stellantis to rank #5 in the top automakers in the USA.
Automotive sales have fluctuated in recent years due to global economics, but profits and revenue remain strong, and the US automotive industry is well positioned for prosperity in 2024 if global auto sales remain in balance.
USA Vehicle Sales by Quarter
LIGHT-DUTY CAR SALES Quarter 1 (Jan - Mar) Quarter 2 (Apr - Jun) Quarter 3 (Jul - Sep) Quarter 4 (Oct - Dec) Sales listed by manufacturer. Reflects quantity of new cars sold.