Subscribe
Retail

Hybrid loyalty, sales share reach record highs

2025 Toyota Camry
The 2025 Toyota Camry, built at the automaker's Georgetown, Ky., factory, will only be a hybrid model. (TOYOTA)
RH
By:
Riley Hodder
July 02, 2024 03:59 PM

Customer loyalty to hybrid vehicles reached a record high in the first quarter as demand for electric vehicles continued to wane.

Featured Stories

Dealerships prepare for pre-tariff sales onslaught
Dealerships prepare for pre-tariff sales onslaught
Automakers warn new Trump tariffs will boost costs, cut sales
Automakers warn new Trump tariffs will boost costs, cut sales
Stellantis launches mobile service as customer retention tool
Stellantis launches mobile service as customer retention tool
Dealership buy-sell database updates: Details on 11 deals across 10 states
Dealership buy-sell database updates: Details on 11 deals across 10 states

Latest News

Live updates on tariffs: Industry works to minimize disruption
Dealerships prepare for pre-tariff sales onslaught
Automakers warn new Trump tariffs will boost costs, cut sales
Top 5 Canadian auto stories this week: Trump auto tariffs; Tesla payments frozen; more
Staying current is easy with newsletters delivered straight to your inbox.

See More in Retail

Trump tariffs: Dealers confused but resilient in face of new reality
Tariff threat likely spooked consumers and drove March, Q1 U.S. sales gains
New cars under $30K could be a casualty of Trump’s tariffs
Live talk at noon March 31: Top 150 Dealership Groups and automotive retail
Staying current is easy with newsletters delivered straight to your inbox.