US New Vehicle Sales Forecast to Fall 8.8 Percent Sequentially in 1st Quarter

Date:

Vehicles sit on the sales lot at a GM dealership in Lincolnwood, Ill., on June 20, 2024. Scott Olson/Getty ImagesEdmunds, a Santa Monica, California-based online car shopping guide, is forecasting a significant drop in new vehicle sales by the end of the first quarter. Its March 26 report predicts sales of 3,693,599 new cars and trucks nationally by the end of the month, marking a 6.3 percent decline from the first quarter of 2025 and an 8.8 percent decline from the fourth quarter.“Q1 marked a bumpy start for new-car sales in 2026,” Jessica Caldwell, Edmunds’ head of insights, said in the report.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Hospital Group Sues Elevance Over Policy Barring Use of Non-Network Doctors

The headquarters of Blue Cross Blue Shield health insurer...

US Pending Home Sales Rise for 3rd Straight Month in April: NAR

A “For Sale” sign is posted in front of...

How Major US Stock Indexes Fared May 19

The U.S. stock market gave back more of its...

Scott Bessent Urges G7 Allies to Target Irans Finances as US Applies Fresh Sanctions

Treasury Secretary Scott Bessent speaks during a press briefing...