April New-Car Sales Down But SAAR Up
Fewer selling days explain the difference. Sales pace on track to be the best sales year since 2019.
Fewer selling days explain the difference. Sales pace on track to be the best sales year since 2019.
NADA sees the trend continuing all year as inventories, incentives balance consumer finance woes.
Early figures put volume up 1.4%, SAAR also up on higher inventory, incentives.
Continued incentive increases weren’t enough to stop sales pace decline.
Tepid growth could signal an up-and-down year ahead, S&P says.
J.D. Power and GlobalData forecasts 13.2% year-over-year growth.
S&P Global Mobility offers a conservative 2024 outlook as it sees financial pressures continuing to limit demand.
Strikes don’t impact deliveries, which are benefiting from rebounding inventory.
Projections for month put SAAR flat despite strikes.
September registrations make 14 straight months of gains as electrified models take greater share.
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