Sales of new vehicles turned downright sluggish in November amidst consumer resistance to increased prices and worsening fears about the economy. The end of EV incentives worsened the slide – though demand for hybrids continued to grow, as Headlight.News reports.
November ended on a high note, at least from an automotive perspective, with sales of new vehicles delivering solid year-over-year gains for those brands that have so far reported their numbers for the month. And several Japanese and Korean brands ended November with new sales records.