Cox Automotive Forecast: U.S. Auto Sales Expected to Finish 2023 Up More Than 11% Year Over Year, as General Motors Retains Top Spot, Hyundai Motor Group Jumps Past Stellantis
ATLANTA, Dec. 27, 2023 /PRNewswire/ -- December new-vehicle sales, announced next week, are expected to show gains over last year's product-constrained market.
- ATLANTA, Dec. 27, 2023 /PRNewswire/ -- December new-vehicle sales, announced next week, are expected to show gains over last year's product-constrained market.
- According to the Cox Automotive forecast released today, sales volume this month is expected to rise 6.2% over December 2022.
- The seasonally adjusted annual rate (SAAR), or sales pace, is expected to finish near 15.1 million in December.
- Fleet sales are expected to rise in December after experiencing two months of pull-back in commercial and rental vehicle sales.