Auto industry forecasters project industry sales to have increased 16% to 18% during the second quarter compared to a year earlier.
Cox Automotive recently increased its full-year new vehicle sales forecast to 15 million for the broader industry, a gain of nearly 8% from 2022, when sales finished at 13.9 million due to low inventory levels and inflated prices.
GM's EV sales topped 36,300 during the first half of this year, including 15,652 in the second quarter.
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