Cox Automotive Predicts Strong Sales Growth for Tesla, Rivian, and Lucid in H1 2023

Cox Automotive predicts that General Motors will remain the top automaker in terms of new vehicle sales in the first half of 2023, followed by Toyota Motor and Ford Motor. Total new vehicle sales volume is expected to rise by 11.6% year-over-year, reaching 7.65 million units in the first half. Cox also forecasts significant sales growth for electric vehicle manufacturers such as Tesla, Rivian, and Lucid Motors, with Tesla projected to deliver 329,137 units by the end of the first half. Cox estimates that total battery electric vehicle sales will exceed 500,000 units in the first half of 2023.