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

5 days 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. …

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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.

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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 …

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Why Consumers Could Score Big On New Vehicles In 2025

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1 day ago · 0% financing returns. It's been really tough to score a good deal on new cars and trucks in the last few years. With production and manufacturing back to pre-pandemic levels, …

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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, …

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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 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'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 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 is the auto industry so important?

The performance of the U.S. auto industry—which companies are thriving; which brands, makes and models are selling; and how U.S. consumers feel about their cars, trucks and SUVs—is a major indicator and driving force behind the overall health of the American economy. ...

Will the auto market shift in consumers' favor in 2024?

Experts say the auto market could shift in consumers' favor in 2024, as high inventories exert downward pressure on prices and lead to more incentives. Auto sales climbed to a four-year high in 2023, according to Ward Intelligence data, with analysts anticipating sales could continue to rise in 2024. ...