General

Best-selling car of the past decade – 24/7 Wall St.

Best-selling car of the past decade - 24/7 Wall St.

Special Report

New car sales have fallen significantly in recent years, in part due to shortages affecting supply. The pandemic-induced shortages of microchips and other components were more recently exacerbated by the Russian invasion of Ukraine. The conflict has put pressure on supply chains worldwide. Analysts agree that inventory shortages are really putting pressure on US auto sales right now.

General Motors estimated that the annual rate of light vehicle sales in the US reached 13.4 million units in the second quarter, down from 17 million a year ago. Separately, Cox Automotive forecasts 14.4 million new vehicle sales by the end of the year. Auto analysts tend to fall within this range.

Regardless of the trends in the car market in recent years, some cars in recent history sell better than others. To determine the best-selling cars in America over the past decade, 24/7 Wall St., using data from iseecars.comrated the vehicles with the highest sales in the US from 2012 to 2021. (Want to find the most recent best-selling car? This is the best-selling car of 2022.)

The list, especially the vehicles at the top, shows how Americans have moved away from coupes and sedans to trucks, SUVs and crossovers. What remains to be seen is whether large pickup trucks, SUVs and crossovers can maintain their place at the top of U.S. auto sales if electric vehicles continue to advance. Although most automakers have introduced or are introducing electric pickups, SUVs and crossovers.

Recent legislation in California shows a real shift towards EVs as the state bans the sale of gas-powered cars from 2035. While this is still far in the future, buyers could anticipate, and automakers could build out the infrastructure, creating a tempting value proposition. . (This is the electric car with the longest range.)

As it stands, with every major manufacturer selling cars in America and preparing a range of EVs, consumer preferences for the car type can remain the same – even if the engine is different. Each of these companies is currently chasing Tesla in EVs, but the big names like Ford and GM are far outpacing Tesla in terms of production and sales in the broad sense.

Here’s a rundown of the best-selling cars of the past decade.

Sponsored: tips for investing

A Financial Advisor can help you understand the pros and cons of real estate investments. Finding a qualified financial advisor doesn’t have to be difficult. SmartAsset’s free tool match you with up to three financial advisors serving your area, and you can interview your advisors free of charge to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get in touch now started.

Investing in real estate can diversify your portfolio. But broadening your horizons can come with additional costs. If you are an investor looking to minimize costs, consider checking out online brokerage. They often offer low investment costs, allowing you to maximize your profits.