Dossier
U.S. auto market
Coverage of U.S. auto market in the Nexus archive.
- A 'perfect storm' points to a much smaller U.S. auto market by 2040
The auto industry is experiencing a decline in car sales, with a forecaster predicting a fundamental change leading to a significantly smaller U.S. auto market by 2040.
- Why hybrids are ‘having their moment’ as EVs and gas-powered vehicles lose market share
Hybrids are experiencing significant growth in the U.S. auto market, surpassing electric vehicles and gas-powered vehicles in terms of market share gain. This shift indicates a notable change in consumer preference, with hybrids becoming increasingly popular. The decline of EVs and gas-powered vehicles suggests a potential turning point in the industry.