Sales of ICE-Powered Vehicles in the US Decreased Last Year While EVs and PHEVs Experienced Significant Growth | Carscoops
Trucks and SUVs made up 75% of vehicle registrations in the United States last year.
Sales of SUVs increased by 5%, with GM dominating the segment, holding a 15.6% market share.
Meanwhile, the sales of internal combustion engine (ICE) vehicles decreased as consumers opted for more electric vehicles (EVs) and plug-in hybrids.
Americans have adopted a "bigger is better" mentality, reflected in the strong sales of trucks and SUVs. According to JATO Dynamics, these vehicles comprised 75% of total registrations in the previous year.
Out of the 16.09 million vehicles sold in the U.S., an impressive 9.17 million were SUVs. This marked a 5% increase from 2023, with GM leading the segment at 15.6% market share, followed by Toyota (13.3%), Hyundai-Kia (12.6%), and Ford (9.6%).
Honda ranked fifth with a 9.4% market share and celebrated as the fastest-growing SUV brand due to the popularity of the CR-V, HR-V, and Pilot models.
In terms of popular vehicles, the redesigned Chevrolet Trax experienced significant success, recording the largest increase in market share and ranking as the 15th best-selling vehicle in America. Its popularity isn't surprising, as it starts at $20,500 and offers substantial improvements over the previous model.
One notable trend last year was the decline in sales of the Ford F-150. Despite a redesign, sales fell by 5% to 460,915 units, allowing the Toyota RAV4 to take the title of best-selling vehicle in America with 475,193 units sold.
Electric vehicles and plug-in hybrids continued to grow in popularity, thanks to automakers expanding their offerings. EV sales rose by 12%, while plug-in hybrids surged by 39%.
Conversely, sales of ICE vehicles dropped by 0.6% to 12.05 million units, a minor decline, but their market share fell below 80%.
Other articles
Trump Administration Suggests 10% Tariff on European Car Imports | Carscoops
The Trump administration is highlighting Europe, India, and Brazil in the recent escalation of the trade war.
Lamborghini Huracan Sterrato Driver Becomes Stuck in Snow, and the Situation is Unpleasant | Carscoops
This individual may have gotten his supercar trapped, but he's a hero simply for daring to take it out into challenging conditions.
There's a Lot to Explore with This Replica Build | Carscoops
The builder has taken the effort to create flush door handles for the vehicle.
Woman Taken Into Custody For Hit-And-Run After Rubbing Vehicle Against A Tree | Carscoops
The unfortunate woman claims that she is unable to eat or sleep well since being placed in a jail cell.
2005 Ford V8 Sport Trac Concept, Long Overlooked, Emerges for Sale in Immaculate Condition
The SVT Explorer Sport Trac Adrenalin was intended to be a V8-performance street truck, but it was believed that only one prototype existed—and it has just surfaced on Facebook.
Happy Valentine’s Day to the man who just ‘wed’ his 1971 Ford Falcon.
Love comes in various shapes; this particular one is simply a four-door sedan.
Sales of ICE-Powered Vehicles in the US Decreased Last Year While EVs and PHEVs Experienced Significant Growth | Carscoops
In 2024, trucks and SUVs accounted for 75% of all vehicle registrations.