Global new light vehicle sales are expected to increase 1.7% year-on-year to 89.6 million units in 2025, according to a forecast by S&P Global Mobility. The report added the global light vehicle ...

In the U.S., consumers can currently claim a federal tax benefit of up to $7,500 for certain new electric vehicles. Carmakers ...

What Happened: S&P Global Mobility expects battery electric vehicle sales to account for an estimated 16.7% of global light vehicle sales in 2025, up from 13.2% market share in 2024. While battery ...

As 2025 approaches, S&P Global Mobility forecasts 89.6 million new vehicle sales worldwide next year, reflecting cautious recovery growth. Automotive forecasts have been downgraded across the ...

Dec. 20, 2024 /PRNewswire/ -- Global new light vehicle sales in 2025 are expected to rise 1.7% year-over-year, to 89.6 million units, according to a new forecast by S&P Global Mobility. S&P Global ...