Dec. U.S. auto sales: SAAR tops forecasts; GM reclaims sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

Rachel Pence

Standard Motors, driven by potent gentle-truck deliveries, reported a 42 {1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} raise in fourth quarter light-weight-car or truck quantity, with gross sales rising 44 p.c at Chevrolet, 42 percent at GMC and 75 {1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} Cadillac. Buick was the only GM brand name to write-up decrease volume in the last quarter […]

Hyundai aims for 10{1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} rise in global sales as it shifts to electric cars | Automotive industry

Rachel Pence

The carmaker behind Hyundai and Kia has said it aims to increase global sales by 10{1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} this year, as the company accelerates its transition to electric vehicles. Hyundai Motor Company’s new forecasts come despite it having failed to reach its sales targets for 2022 because of supply chain disruptions that […]