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A forecast for this month’s new-vehicle sales tells a familiar 2026 story: Year-over-year comparisons must be made in light of last year’s aberrations.
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May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
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EV offers, luxury car lease deals and growing inventories cited as the reasons.
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Despite pickup, automaker predicts low incentives will keep it lower than pre-pandemic levels.
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Robust demand and increased vehicle availability drive significant growth.
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Still worse year-over-year, since prices and loan rates are elevated.
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The latest report from Wantalease.com finds several factories already offering lease discounts ahead of the usual year-end rush.
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J.D. Power and LMC Automotive analysts predict that, despite a slow start to 2019 and a short September, third-quarter new-vehicle sales will rebound on the strength of a 6% increase in factory incentive spending.
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July deliveries increased 1.3% in the first monthly U.S. new-vehicle sales report to include none of the Detroit 3 automakers, but the seasonally adjusted annualized rate fell below 17 million for the fourth time this year.
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U.S. dealers sold 2.6% fewer new cars and light trucks in June than in the same month a year ago, but standout performances in key segments kept the seasonally adjusted annualized selling rate above 17 million for the second straight month.
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