Soothsayer Shortfall – US Light Vehicle Sales Flat in July

US Light Vehicle Sales July 2024 YoY and Forecast – courtesy of and copyright GlobalData – 3 August 2024 all rights reserved

Ken Zino of AutoInformed.com on Soothsayer Shortfall - US Light Vehicle Sales Flat in July

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US Light Vehicle (LV) sales fell by 0.4% YoY in July, to 1.30 million. When sales contracted in June largely as the result of the CDK cyberattack, it was expected by industry soothsayers that the market would experience a significant rebound in July. It didn’t happen. According to preliminary estimates released today by the respected GlobalData consultancy, Light Vehicle (LV) sales fell by 0.4% YoY.

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