What US buyers (and investors) can expect from the auto industry …

21 hours ago · This year was a mixed bag for the large automakers, with sales in the US climbing and prices holding steady for the most part. But changes are coming for the industry — whether on the domestic ...

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How The Auto Industry Predicts (And Shapes) The U.S. Economy

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Oct 9, 2024 · The auto industry gives insight into the health of the U.S. consumer. Most Americans own cars. According to the latest car ownership statistics from 2022, 91.7% of U.S. …

forbes.com

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Four Trends For The Auto Industry In 2024 - Kiplinger

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Sales of new cars should hit 15.7 million, up from 2023. Vehicle availability has steadily … Sales of used cars should pick up slightly. Prices have halted their recent decline. Used … Hybrid vehicles are the hot sellers this year. Look for their market share to rise from 9% last … Sales of EVs will grow, but their momentum is waning. Look for EV models to account for …

kiplinger.com

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Auto Industry Expected To Be Buyer's Market In 2024 - NY1

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Jan 8, 2024 · The auto industry is expected to grow 2% over the course of the coming year, yielding 15.7 million new vehicle sales and 36.2 million used, according to Cox analysts.

ny1.com

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Will 2025 Be A Turning Point For Car Sales? - Autoblog

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Dec 21, 2024 · Industry analysts from Edmunds and Cox Automotive forecast between 16.2 and 16.3 million new vehicle sales in 2025, marking a 1.4% to 2% increase from 2024 and the …

autoblog.com

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2024 Automotive Trends - Mercer Capital

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Jan 19, 2024 · 74% of all vehicle buyers and 79% of new vehicle buyers were satisfied with the retail experience at auto dealers, which ties the highest mark in the study’s history. For those …

mercercapital.com

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Auto Industry Sees Significant Shifts In First Half Of 2024; Nearly ...

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Jul 26, 2024 · Trade-In Values Offer Leverage for Car Buyers Trade-in values have increased by 48% since 2019, reflecting the higher value of vehicles in a market with constrained supply …

cars.com

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U.S. Auto Sales Next Year Expected To Be Best Since 2019 - NBC News

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Dec 18, 2024 · That would equate to a forecast sales gain in new cars and trucks of 2.5% or less. The increase is expected to be driven by a continuing “normalization” of vehicle inventories, …

nbcnews.com

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Auto Industry's Shift Toward EVs Is Expected To Go On Despite …

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Nov 25, 2024 · Chariff calculated that the $7,500 credit could shrink a buyer's monthly payment by between $200 and $250, allowing many to afford an EV. On average, electric vehicles sell for …

usnews.com

FAQs about What US buyers (and investors) can expect from the auto industry … Coupon?

What's going on with the auto industry this year?

This year was a mixed bag for the large automakers, with sales in the US climbing and prices holding steady for the most part. But changes are coming for the industry — whether on the domestic front with a new administration or the threat of cheaper, foreign competition. ...

What does the auto industry tell us about the health of consumers?

The auto industry gives insight into the health of the U.S. consumer. Most Americans own cars. According to the latest car ownership statistics from 2022, 91.7% of U.S. households own at least one vehicle. ...

What can consumers and investors expect from the global auto industry in 2023?

Here's what consumers and investors can expect from the global auto industry in 2023, along with a few specific car manufacturers that might be worth investing in. Automakers are looking for new revenue streams and targeting the consumer's wallet as the source. Prices for new cars are increasing in 2023 even as supply chain issues are letting up. ...

What to expect from the auto industry in 2024?

Inventories are up and price increases are slowing. Here’s what to expect for the auto industry in 2024: 1. Sales of new cars should hit 15.7 million, up from 2023. Vehicle availability has steadily improved after years of shortages, so more shoppers should find a ride to suit them. Price increases are slowing down. ...

Why are dealerships offering more incentives to new car buyers?

Dealerships are offering larger incentives to buyers, who are having an easier time accessing loans and credit, Cox said as part of a year-ahead outlook presentation Tuesday. Increases in new car prices have recently tapered off as the supply of new vehicles grows, said Charlie Chesbrough, a senior economist focused on the new-vehicle market. ...

How will auto sales affect the future?

When the economy is growing and consumers are optimistic about the future, auto sales will likely show this same strong demand. The auto industry’s complex supply chain and logistics operations help keep vehicles rolling from OEMs to dealer lots and contain costs for dealers, fleet buyers and consumers. ...