New light vehicle sales in June are expected to maintain pace with May and translate to one of the stronger seasonally adjusted results since 2021.
S&P Global Mobility projects new light vehicle sales volume in June 2024 to reach 1.40 million units, up approximately 1% year over year. This volume would translate to an estimated sales pace of 16.2 million units (seasonally adjusted annual rate: SAAR), which would be the highest monthly mark for this metric since May 2021.
While recent events such as the dealer management software cyberattack and stop-sale announcement on certain Toyota and Lexus vehicles could hamper
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.