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Labor Day weekend anomaly skews monthly total. Even with overall healthy numbers, reduced off-lease units cut sales potential.
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Affordability continues to dog delivery momentum. Though the Q4 horizon holds promise, it also presents uncertainty.
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Monthly and annual bumps forecasted. Slight inventory dip noted, though supplies up strongly YOY.
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Two forecasts show a healthy increase after CDK Global systems restoration, despite seasonal and other market complications.
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June conditions, including best average loan rate in a year, make buying more likely.
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One forecast expects big effect while another sees deliveries up.
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China sales surpassed U.S. brands for first time as Europe sees most growth and SUVs gain biggest market share to date.
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Supply backlog of 2023 vehicles nearly at prepandemic level.
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Growing inventory, incentives shrink dealer profit, though sales are strong.
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Fewer selling days explain the difference. Sales pace on track to be the best sales year since 2019.
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