Car Sales Outlook 2024. Sales of new cars should hit 15.7 million, up from 2023. To increase less than 2%, finishing at 15.7 million 1 sales in 2024.
The automotive industry will face another subdued year in 2024, weighed down by slow consumer spending, high interest rates and disruption to supply. This is up from 14% in 2022.
The Automotive Industry Will Face Another Subdued Year In 2024, Weighed Down By Slow Consumer Spending, High Interest Rates And Disruption To Supply.
Any fed cuts will likely be lower.
In 2023, Global Sales Of Electric Cars Neared 14 Million, Reaching 18% Of All Cars Sold.
A key driver in the 2024 car market is the elevated interest.
“See, Other Dealers Were Selling It At The Highest Price They Could Get.
Images References :
“See, Other Dealers Were Selling It At The Highest Price They Could Get.
In q1, sales grew by.
According To Recent Data From Cox Automotive, The Average Transaction Price For New Cars Is $47,244.
Dealer advertised inventories were up to 2.62 million units.
In Norway, This Share Was Over 90%, And In China, It Was Almost 40%.
