Despite several automakers' struggles in recent years with supply chain disruptions, tariffs, shifting consumer preferences, and other factors, overall US auto sales have been improving. Since their September 2021 near-term bottom, US auto sales have trended higher (although 2026 got off to a bumpy start). Of note, roughly 22% of light-duty vehicles sold in 2025 in the United States were hybrid, battery electric, or plug-in hybrid vehicles, up from 20% in 2024, according to government data.
Source: St. Louis Federal Reserve, as of February 10, 2026.