AutomotiveIndustryINDUSTRYINSIGHTSFALL2024LearnMoreIndustryHighlightsOverviewGlobally,autosalesinthefirsthalfof2024sloweddowncomparedtotherapidreboundseenin2023.Salesvolumesin2024arenowexpectedtoreach91.4millionunits,justa1.8%increaseoverthe89.8millionunitssoldin2023.Saleshaveslowedgloballyduetoweakercustomerdemand,mixedeconomicconditionsandhigherinterestrates.1ThroughJune,U.S.autosalesgrew2.1%yearoveryear(YoY)asconsumerdemandslowed.1Forthefullyear2024,salesareforecasttoreach15.9millionunits.2Electrifiedvehicles(EVs)continuetogainmarketshareintheU.S.,withbatteryelectricvehicles(BEVs)nowaccountingforover8%ofnewcarsalesandallEVsaccountingforover20%ofnewcars...
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