U.S. Auto Sales Bounced Back in 2023 - WSJ - The Wall Street Journal

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Electric vehicle manufacturers like Lucid, Lordstown Motors and Faraday Future were big winners of the stock boom two years ago. Now all three companies’ shares have fallen dramatically. WSJ’s Dion Rabouin and George Downs discuss why. Photo illustration: David Fang

U.S. auto sales

rebounded in 2023, boosted by pent-up demand and better availability on dealership lots. 

But this year could prove more challenging for automakers as stock levels continue to rise and higher interest rates stretch more U.S. car buyers financially. 

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