US Auto Sales Surge to 16.1 Million Units at a Seasonally Adjusted Annual Rate, Despite Shift to Electric Vehicles. A new report from industry analysts reveals that the US auto market has seen a significant uptick in sales, with May's numbers reaching a seasonally adjusted annual rate (SAAR) of 16.1 million units. While electric vehicle (EV) demand continues to grow, it appears that hybrid models are helping to offset the decline in traditional gasoline-powered vehicle sales. As the industry navigates a major shift towards electrification, automakers are finding innovative ways to appeal to consumers, with hybrid options serving as a bridge between gas-guzzlers and fully electric vehicles. The latest sales figures offer a fascinating glimpse into the evolving US auto market.
May auto sales hit 16.1M SAAR as hybrids offset EV demand CBT News
