U.S. auto sales next year expected to be best since 2019

U.S. new vehicle sales are expected to reach their highest level since 2019 in 2025, with industry analysts projecting sales to hit 16.3 million, led by lower interest rates and improving affordability. This forecast represents a 2.5% increase from this year, driven by a normalization of vehicle inventories, automaker incentives, and easing financing rates, particularly in the entry-level and less expensive vehicle segment. Despite years of elevated prices and lower inventories, the market is becoming more consumer-friendly, with Edmunds reporting a slight decrease in average transaction prices for new vehicles in recent years.

Full Article