EV offers, luxury car lease deals and growing inventories cited as the reasons.
Despite pickup, automaker predicts low incentives will keep it lower than pre-pandemic levels.
Robust demand and increased vehicle availability drive significant growth.
Still worse year-over-year, since prices and loan rates are elevated.
The latest report from Wantalease.com finds several factories already offering lease discounts ahead of the usual year-end rush.
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.
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.
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.
U.S. dealers sold slightly fewer new vehicles last month than in May of 2018, but the annual forecast increased to 17.4 million units — thanks in no small part to strong fleet sales.
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