Auto Sales in the US Experience Modest Growth in Q2 2024 Amid Economic Uncertainty
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#ecf1087b ver:0.36

Global auto sales expected to grow in 2024, driven by US market resilience and low-cost electric vehicles. Saudi Arabia sees significant growth in automotive market, with preference for advanced connectivity and SUVs. China's production growth slows, while North America sees a 3% increase. US auto sales experience modest growth in Q2 2024, except for Tesla, due to high interest rates and economic uncertainty. Cox Automotive estimates 4.1 million new vehicles sold in Q2, with a forecast of 15.9 million for the year. General Motors reports less than 1% increase in sales. #AutoSales #GlobalAutoMarket #USAutoMarket #SaudiArabiaAutoMarket #ChinaAutoMarket...

#newstr #GlobalVehicleProduction #UsVehicleMarket #SaudiArabia'sAutomotiveMarket #AutoSales #Q22024 #ConsumerBehavior #EconomicUncertainty #Cyberattack #CoxAutomotive #GeneralMotors 

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