New Car Sales See Boost, For Now, As Consumers Fear Tariffs And Higher Prices | Metals Mine

  • New Car Sales See Boost, For Now, As Consumers Fear Tariffs And Higher Prices

    From beemarkets.com

    Uncertainty surrounding U.S. regulations on tariffs, electric vehicles and other auto-related issues have given new car sales a surprising boost heading into the fourth quarter, according to a new industry analysis. Cox Automotive on Thursday raised its 2025 new vehicle U.S. sales forecast to 16.1 million from a previous range of 15.6 million to 15.7 million due to stronger-than-expected demand so far this year. That would be up from roughly 16 million vehicles sold domestically in 2024. Cox analysts said the resilient sales — forecast to be up 4.6% compared with the same time period last year — are due to ... (full story)

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