U.S. light-vehicle sales are falling short of last year’s pace despite a solid June performance that followed a modestly improved second quarter. Declining consumer confidence, fueled by affordability pressures and broader economic uncertainty, is weighing heavily on demand. Analysts suggest the slowdown reflects ongoing challenges in the automotive market, where pricing and financial concerns are deterring buyers. The trend raises questions about whether the momentum from earlier in the year can sustain through the remainder of the year.
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 ...
