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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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The month is set to be off last year, J.D. Power predicts, though its full-year outlook is less gloomy, and dealer profits are up despite the odds.
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The series of sales spikes this year that were inspired by shifting U.S. policies defied the drag of those same changes, according to one early forecast.
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New-vehicle sales are up from last year but show a slow fourth quarter.
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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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Despite temporary spike for tax credits, volume estimated to be essentially flat.
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August forecast reflects anticipated EV surge, reveals tariff hit for summer shoppers.
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