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February Auto Sales: Selection Is Better, But Rates and Payments Are High

Friday, March 01, 2024 9:00 AM | Anonymous member (Administrator)

Forecasters expect U.S. auto sales in February to increase modestly, but only modestly – a percent increase of low single digits vs. February 2023, adjusting for the fact that February 2024 has an extra day, since it’s a Leap Year. For example, analysts for S&P Global Mobility, and in a joint forecast from J.D. Power and GlobalData separately each predict a forecast for U.S. new-vehicle sales that rounds up to about 1.2 million cars and trucks, in February 2024.
Source: Forbes [LINK: February Auto Sales: Selection Is Better, But Rates And Payments Are High (]

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