U.S. auto sales next year expected to be best since 2019
Tesla(TSLA) CNBC·2024-12-18 15:18
DETROIT — U.S. new vehicle sales are expected to rise next year to their highest level since 2019, led by lower interest rates and improving affordability, according to industry analysts.Cox Automotive expects new light-duty vehicle sales to hit 16.3 million in 2025, slightly higher than forecasts by S&P Global Mobility and Edmunds of roughly 16.2 million sales next year. Such sales would be up from expectations of 15.9 million to 16 million this year and mark the highest results since roughly 17 million in ...