U.S. New Car   Sales Hit

The U.S. automotive market experienced significant growth in 2024, marking its highest sales figures in five years.

The U.S. auto industry, like many others, faced significant challenges during the COVID-19 pandemic.

Automakers introduced a variety of incentives to attract buyers in 2024, including financing deals, rebates, and loyalty programs.

Toyota’s sales rose by 3.7% in 2024, driven by the enduring popularity of models like the Camry and RAV4, as well as the explosive growth of its hybrid offerings.

Hybrid vehicles combine the best of both worlds: the fuel efficiency of electric power with the convenience of gasoline engines.

Toyota’s decision to potentially transition its entire lineup to hybrid-only models reflects the growing demand for these vehicles.