The US auto market has shown a rapid collapse

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The US auto market showed a rapid collapse< /p>

The reasons for the decline in sales are the shortage of new cars and rising prices. At the same time, some brands managed to achieve rapid growth of more than 50%.

Sales of new cars in the United States in 2022 decreased by 16.8% at once. In the first half of the year, Americans bought only 6.92 million cars. This is evidenced by the focus2move website statistics.

The US car market is seriously in a fever and the level of sales continues to decline – in June, for example, they fell by 19.3%. Over the past decade, it was worse only in 2020 during a surge in coronavirus.

The US auto market showed a rapid collapse

The reasons for the collapse are known. Firstly, this is a shortage of cars of many popular models – due to a lack of microcircuits, factories cannot reach the planned production volumes. Queues for a year ahead have already lined up for some cars.

Secondly, inflation has played its role – cars have risen in price significantly. The average cost of a new car from the US has reached $66,000.

Instability has led to a change in leadership. Ford came out on top with 865,000 cars sold, pushing Toyota to second. There is also a rapid growth in Tesla sales by 57.8% at once – this allowed the brand to reach third place.

Among the models, popular pickup trucks in the USA are traditionally in the lead. Ford F-150 retains first place.

The most popular cars in the US in 2022

  1. Ford F-150 – 299,345 cars sold
  2. Chevrolet Silverado – 261 827
  3. Ram Pickup – 244 984
  4. Toyota Camry – 135 925
  5. Jeep Grand Cherokee – 134 369
  6. GMC Sierra – 119 938
  7. Toyota Highlander – 117 403
  8. Toyota Corolla – 116 832
  9. Chevrolet Equinox – 116 679
  10. Honda CR-V – 116 602

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