U.S. light-vehicle sales are falling short of last year’s pace despite a solid second quarter, with June marking the latest slowdown. Rising affordability pressures and declining consumer confidence are weighing on demand, overshadowing earlier momentum. Analysts point to economic uncertainty and higher costs as key factors dampening buyer enthusiasm. The shift raises questions about whether the market’s recent rebound can sustain momentum amid broader financial headwinds.
Despite a strong June that capped a slightly higher second quarter, U.S. light-vehicle sales are pacing below last year’s levels, and weaker consumer confidence driven by affordability concerns and ...