Overview
- Ford's Q2 sales grew by 0.8%, driven by strong hybrid vehicle performance, particularly the Maverick and F-150 hybrids.
- Toyota's EV sales quadrupled, setting new records with a 301% increase in all-electric car sales year-over-year.
- GM saw its best EV sales quarter ever, despite overall flat new vehicle sales in Q2.
- Mercedes-Benz plans to extend its gas engine offerings into the 2030s due to slower-than-expected EV adoption.
- Germany's automotive sector faces uncertainty with potential EU-China tariff disputes impacting EV market dynamics.