The U.S. new light-vehicle market is projected to see a modest rebound in September with a 6 to 9 percent increase, though the gains will not be enough to offset a slight decline in overall deliveries for the third quarter, according to industry analysts. After a period of shifting consumer demand and supply chain challenges, automakers face a mixed performance as summer sales wrap up. The forecast suggests a recovery in late-year demand, but quarterly figures may still reflect broader industry headwinds. Buyers and investors will be watching closely to see if the uptick signals a stronger finish to the year.
The U.S. new light-vehicle market is expected to rise 6 to 9 percent in September, but cap a third quarter that will see industry deliveries drop as much as 1 percent, analysts forecast.