New car sales in San Diego shift to a higher gear. Registrations up 9.2% so far this year in San Diego County; 14.3% higher statewide
Despite high prices and steeper interest rates on car loans, auto sales in San Diego County are up 9.2 percent. Statewide, the numbers are even better — with registrations for cars, trucks and SUVs 14.3 percent higher compared to the same time last year.
Last month, Ford said its plans to make 600,000 EVs annually have been pushed back to late 2024. The company has also temporarily cut one of its production shifts for its electric pickup and paused the construction of a $3.5 billion battery plant in Michigan. General Motors last week delayed opening a large EV truck factory in Michigan by one year, citing a need “to better manage capital investments while aligning with evolving EV demand.
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