The U.S. Commerce Department will finalize a ban on the sale of Chinese cars and trucks before President Joe Biden leaves office, leaving the incoming administration to decide which factories and vehicles to exempt. +

U.S. new light-duty vehicle sales rose to 15.7 million in 2024, a 2.5% year-over-year increase driven by big gains among certain brands, marques and types and capped by a 4.1 million-unit fourth quarter. +