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Honda, Hyundai and Kia also on Wednesday reported strong U.S. sales for 2023 And on Tuesday, Tesla, which dominates the electric car business in the United States, said it sold 1.8 million cars.
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General Motors' U.S. vehicle sales increased 14.1% last year to represent the automaker's best year since 2019. GM's sales are in line with expectations for overall industry sales.
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The Auto Club's Finnegan is vice chair of a state committee studying the road fee idea. Gasoline taxes are well understood by the public and collection is easy, he said.
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BEIJING (AP) — China's auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said Thursday. The surge in exports, to 4.1 million according to the China Association of Automobile Manufacturers, may propel China past Japan as the world's number one exporter of cars.
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The U.S. auto industry rebounded in 2023 with many car companies reporting double-digit sales gains, marking a return to normalcy for a sector that has been on a roller coaster since the start of.
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