Auto sales in the United States rose by 16.8% to over 4.1 million vehicles in the second quarter, driven by pent-up demand caused by a global computer chip shortage. However, in June, lower prices and automaker discounts stalled as buyers paid an average of $45,978 per vehicle. General Motors led in sales with nearly 690,000 vehicles, followed by Toyota with 569,000 sales. Automakers like Nissan, Subaru, Hyundai, Kia, and Stellantis also experienced sales growth. Electric vehicle sales accounted for 7.2% of new vehicle sales in the first half of 2023, with Tesla selling nearly 337,000 EVs, followed by General Motors with approximately 34,000 EVs sold. The average interest rate for a new vehicle is expected to remain around 7%, and experts advise delaying purchases and minimizing upgrades due to high prices and interest rates.