U.S. light-vehicle sales are expected to decline in August, as analysts cite a challenging comparison to last year’s surge in electric vehicle demand. Rising affordability pressures and weakening consumer confidence are also contributing to the anticipated slowdown. The shift in market dynamics highlights ongoing challenges for automakers amid evolving buyer preferences. Industry observers will be watching closely to see if the trend persists beyond the summer months.
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 ...
