U.S. auto sales are expected to slow during the second half of 2024
Publishing timestamp: 2024-06-25 13:36:27
Summary
Cox Automotive expects U.S. auto sales growth to slow in the second half of the year, with concerns about inventory levels, incentives, and economic uncertainty. While this is good for consumers, it poses challenges for automakers. Retail sales are expected to decrease, with winners like General Motors, Toyota, and Honda, and underperformers like Tesla and Stellantis.
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Keywords: general motors co, honda motor co ltd, business, united states, tesla inc, toyota motor corp, breaking news: business, transportation, business news, autos, economic events, stellantis nv,