U.S. auto sales seen dropping in June: J.D. Power, LMC Automotive

South Africa News News

U.S. auto sales seen dropping in June: J.D. Power, LMC Automotive
South Africa Latest News,South Africa Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

U.S. auto sales are expected to drop 1.5% in June from a year earlier, as higher...

- U.S. auto sales are expected to drop 1.5% in June from a year earlier, as higher prices continue to keep buyers away, according to industry consultants J.D. Power and LMC Automotive.

Demand for new vehicles was affected by higher prices, outweighing the strong economy and record-high consumer sentiment that otherwise should have boosted auto sales growth. Average incentive spending per unit for the first six months, however, fell about $130 to $3,788, compared with a year earlier.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wind And Solar Power Set To Dominate Power Mix By 2050, As Coal Continues To DeclineWind And Solar Power Set To Dominate Power Mix By 2050, As Coal Continues To DeclineWind and solar power are set to make up almost half of electricity generation by 2050, as costs continue to fall and restrictions on high-carbon fuels start to bite. But other sources will be needed to completely decarbonize the economy, such as nuclear, gas-to-power and carbon capture and storage.
Read more »

Wind And Solar Power Set To Dominate Power Mix By 2050, As Coal Continues To DeclineWind And Solar Power Set To Dominate Power Mix By 2050, As Coal Continues To DeclineWind and solar power are set to make up almost half of electricity generation by 2050, as costs continue to fall and restrictions on high-carbon fuels start to bite. But other sources will be needed to completely decarbonize the economy, such as nuclear, gas-to-power and carbon capture and storage.
Read more »

Trump boasts best June for stock market in years — but a half-dozen signs flash warningsTrump boasts best June for stock market in years — but a half-dozen signs flash warningsThe S&P 500 index is set for its best June since 1955 while the Dow Jones Industrial Average is on track for its strongest June return since 1938 ... but don't overlook these warning signs
Read more »

Your Weekly Horoscope: June 26-July 2, 2019Your Weekly Horoscope: June 26-July 2, 2019Find out what this week holds for you as June draws to a close
Read more »

Thai June headline inflation rate seen easing to 1.1%Thai June headline inflation rate seen easing to 1.1%Thailand's annual headline inflation rate in June likely slowed from the pr...
Read more »

6 Ways 'The Handmaid's Tale' Haunted Us This Week: DC Proves Things Can Get Much Worse for June6 Ways 'The Handmaid's Tale' Haunted Us This Week: DC Proves Things Can Get Much Worse for JuneJune and Aunt Lydia are introduced to the traumatizing 'silent' as June tries desperately to convince Serena to let Nichole go.
Read more »



Render Time: 2025-03-13 22:42:45