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Cox Automotive data shows Americans doubled down on big-is-better despite price increases. Slightly higher incentives helped fuel the demand.
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JD Power analysts see auto retail faring this year’s storms well through various means, though it acknowledges conditions are challenging to accurately predict.
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New-vehicle sales fell year-over-year for the fifth month in a row in February, making retail deliveries the slowest they’ve been since 2023, according to a CarGurus report.
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Americans’ view of present business conditions, the labor market and family finances, though, are still in the dumps, and if they plan to buy cars, many target used units.
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February forecast has new-vehicle deliveries still off from last year at this time amid high prices and vanished EV incentives. But J.D. Power sees business picking up from here as automakers target growth.
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Sales down as automakers adjust strategy after end of tax credits and in face of trade tariffs
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Expected decline in EV deliveries not as bad as some might have expected
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Edmunds forecast reflects both EV shopping rush and interest rate cut effect.
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Burst of July sales on incentives, EV rush return inventory to pretariff numbers as dealers, consumers steer through uncertain tides.
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July business brisk despite high prices; EVs move fast ahead of tax break stall.
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