EV GM sales record, Ford to 8 % increases in US auto sales Q3

Detroit-Powerful electric car sales lead to strong results in the third quarter of the main auto manufacturers, as consumers flocked to car agents before The end of $ 7500 in federal incentives For EVS.

Ford Motor, General Motors Hyundai has all reported quarterly sales of electric vehicles from July to September.

GM and Ford said that the third quarter sales in general increased by almost 8 % than the previous year, with EV sales more than twice for General Motors. Ford said EVS sales have 30 % compared to the third quarter of 2024.

Hyundai I mentioned The brand of the same name recorded a 13 % increase in sales on an annual basis during the third quarter, also led by doubling the sales of electric vehicles.

General Motors said it remained the best car manufacturer in US sales during the third quarter of this year, as Detroit estimated the market share of 17.2 % – its highest position since 2015.

“No one is in a stronger position for the United States market variable from GM. We have the best group of ICE and EV vehicles ever, our brands have grown their share in the market with strong prices constantly, low incentives and stocks.” He said in a statement.

On Wednesday, General Motors estimated that sales speed at the level of industry for the third quarter ranges between 16.7 million to 16.9 million units – higher than some of the previous industry estimates.

The United States sales during the third quarter are expected to be a record, as buyers offer plans to buy a new emissions vehicle forward. Federal EV incentives of $ 7,500 end In September.

Ford CEO Jim Farley He said on Tuesday that he “will not be surprised” if EVS sales decreased from the industry market share from about 10 % to 12 % this month – which is expected to be a record – to 5 % after the end of the incentive program.

COX Automotive expects EVS 410,000 sales in the third quarter, an increase of 21 % over the previous year. This will be easily easier than EVS that was ever sold in the quarter of the United States, as well as a The market share is 10 %.

It is expected that EVS sales in addition to hybrid electric vehicles that also qualify for federal incentives will help increase vehicle sales in the third quarter by 4 % and 7 %, according to expectations from Cox and Carmeax Edmonds.

Some car manufacturers are trying to maintain EV sales momentum after the end of tax credit. The incentive has ended as part of the Trump Big Batton Law, which stripped the old seduction but included some privileges to buy a collected vehicle in the United States, regardless of being EV.

Hyundai said on Wednesday that it reduces prices in 2026 Ioniq 5 EV for an amount of $ 9,800, and provides a cash incentive of $ 7500 in 2025 models, which is compatible with federal credits.

“We are very optimistic when it comes to EV sales in the market,” said Randy Parker, CEO of Hyundai Motor America, adding that the brand is evaluating prices on other models. “There will be little re -appointment in October, and perhaps until November, but the EV market will settle, and at this point we consider this an opportunity … We are not retreating.”

General Motors and Ford also extended the use of $ 7500 US tax credit on rental electric cars, Reuters mentioned Monday, by offering programs to retailers whereby car financing will begin to purchase EVS in the stocks of merchants by reducing payments on them.