U.S. light-vehicle sales are expected to decline in August as the market faces a challenging comparison to last year’s surge in electric vehicle demand. Rising affordability pressures and weakened consumer confidence are further weighing on buyer activity, according to industry projections. Analysts suggest the slowdown reflects broader economic strains, with automakers adjusting to shifting consumer priorities. The outlook raises questions about whether the downturn will persist as supply chain and pricing dynamics evolve.
U.S. light-vehicle sales are forecast to drop in August behind a tough comparison to a year earlier, when electric vehicle demand surged, as well as ongoing affordability and consumer sentiment ...
