RAB Insights

RAB Research Archive

May 2024 sales to exceed 16 million units for first time this year

New-vehicle sales are expected to reach 1,446,800 units, up 2.9% from May 2023, with 26 selling days. The seasonally adjusted annualized rate is projected at 16.1 million units, a 0.5 million increase from last year.

Source: J.D. Power

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