new car sales News

US New Car Sales Rose to Five-Year High in 2024, Aided by Hybrids

U.S. new-car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories, higher incentives and surging demand for hybrid vehicles, automakers reported. Sales are expected to near 16 million vehicles, the highest level since 2019, with …

Claims Data Points to High-End Electric Car Risks: AXA

DUEBENDORF, Switzerland — Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French insurer AXA said. The …