E.V. Demand Leads Automakers to a Strong 2024 Finish
By Neal E. Boudette, The New York Times.
Excerpt: General Motors was the biggest winner in U.S. sales in the final quarter, with a gain of 21 percent. It more than doubled its electric vehicle sales. ...Ford Motor sold more than 530,000 vehicles in the quarter, a gain of nearly 9 percent. Ford’s E.V. sales climbed 16 percent, to more than 30,000 vehicles. ...Analysts said the year-end jump in E.V. sales might also have been spurred somewhat by President-elect Donald J. Trump, who has suggested he will eliminate the $7,500 federal tax credit on electric vehicles priced under $80,000. The tax credit has helped manufacturers offer the attractive lease deals....