Diksia.com - CALIFORNIA, New car sales in the United States (US) market reportedly increased in the second quarter, exactly from March to June 2023, up to 4,116,600 sold-out vehicle units.
Compared to car sales in the same quarter of the previous year, this amount rose by 18.2 percent. According to data released by Wards Intelligence, the increase was due to a recovery in consumer demand.
After President Joe Biden passed legislation that would provide additional incentives for Americans to buy new vehicles and electric cars.
“The job market remains healthy, and consumers have also found ways to buy new vehicles,” said Jonathan Smoke, chief economist at Cox Automotive.
In addition, the increase in vehicle sales in America is due to the increased production of spare parts and the supply of semiconductor chips in the world market.
This enabled automotive groups around the world to ramp up automotive production again as demand increased.
For some car companies that managed to record production throughout the month of June, such as Toyota Motor, the Japanese automaker saw sales in the US market rise 7.13 percent to 568,962 in June, according to a Reuters report Units. .
“The supply chain has started to improve, production and delivery can improve given the increasing demand from the global community,” said David Christ, group vice president and general manager of Toyota Motors North America (TMNA).
General Motors also recorded the increase in sales, which reported a 19 percent increase to 691,978 units in June, of which 15,652 units were electric vehicles.
Then there is Stellantis NV, which managed to sell 434,648 vehicle units, a 6 percent increase over last year’s sales target.
The others were followed by car maker Honda Motor Co. Ltd, also posting record sales up 45 percent, while U.S. sales of Hyundai Motor rose 14 percent and Tesla, whose sales rose 83 percent in June. So the highest among other automakers.
