US Light Vehicle (LV) sales declined by 3.9% Year over Year (YoY) in April, to 1.32 million units, according to a preliminary analysis just released by the respected GlobalData* consultancy. This means a 20-month YoY growth streak ended. However, GlobalData said that was “unsurprising” because April 2023 had an additional selling day.

“Calendar effects meant that it was always going to be challenging to match last year’s sales in April. However, with replenished inventory levels helping the market to recover a year ago, the industry is now facing a higher bar in order to keep growing,” said David Oakley, Manager, Americas Sales Forecasts, GlobalData.