General Motors and Ford Motor both reported strong increases in vehicle sales in the United States in the final three months of 2024, with G.M. seeing a 21 percent rise to over 755,000 cars and light trucks, including a doubling of electric vehicle sales. Ford sold over 530,000 vehicles, marking a nearly 9 percent gain, with 30,176 electric vehicles sold. Both companies experienced a 4 percent increase in full-year sales, while Tesla saw a slight drop in 2024 worldwide sales. Cox Automotive predicts a 2 percent rise in U.S. vehicle sales for 2024, with further growth expected in 2025 due to positive economic indicators.
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