While up over last year, S&P Global Mobility projects auto sales are expected to decelerate from the quickening realized in December. BEVs sales share projected at 8%.
With volume for the month projected at 1.09 million units, January 2024 U.S. auto sales are estimated to translate to a seasonally adjusted annual rate (SAAR) sales pace of 15.2 million units. While this would be an improvement from the year-ago level, the result reflects a potential preview to the upcoming calendar year whereby month-to-month volatility is expected to remain in the market. Contributors to the chill in the January sales pace include
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.