US auto sales expected to rise over 4% in August - Breaking The News

US auto sales expected to rise over 4% in August

29 August

1 min read

EPA-EFE/ETIENNE LAURENT

JD Power and GlobalData said on Thursday that new car sales in the United States are expected to rise 4.2% to 1,437,954 in August year over year.

According to the joint report, sales are projected to remain flat at 15.3 million units on a seasonally adjusted annualized rate (SAAR) basis.

Morovoer's total retailer earnings per unit, including vehicles gross plus finance and insurance income, is expected to decrease 33% to $2,249, compared with August 2023.

vehicles data

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