The first quarter of 2025 showed an increase in new vehicle sales, with 3.9 million units sold, up over 4% year-over-year. Consumers have a wide range of vehicles to choose from, but a small number of models dominate the market, with just 25 making up 1.7 million sales. The automotive industry plays a crucial role in the U.S. economy, constituting nearly 5% of GDP. SUVs have become the best-selling segment, reflecting changing consumer preferences as they outpace sedans in popularity.
The automotive industry accounts for nearly 5% of annual GDP, reflecting its vital role in the U.S. economy, with new vehicle sales showing a bright future.
In the first quarter of 2025, Americans purchased 3.9 million new vehicles, a 4% increase from the same period in 2024, signaling a positive trend.
While shopping for new vehicles, Americans face hundreds of choices; however, just 25 models made up nearly 1.7 million of the total sales.
SUVs dominate the market, with 14 of the top 25 best-selling vehicles being SUVs, highlighting a significant consumer shift away from sedans.
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