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. While consumer demand appears to be stabilizing, supply chain and production challenges continue to weigh on year-to-year growth. The forecast suggests a mixed quarter, with early signs of recovery tempered by lingering headwinds in the automotive sector. Buyers and dealers will be watching closely to see if the uptick in September signals a broader trend or remains a short-term blip.
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.
