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Tag Archives: JD Power and GlobalData
August 2026 U.S. New-Vehicle Sales Forecast Down
Total U.S. new-vehicle sales for August 2026, including retail and non-retail transactions, are forecast to reach 1,347,600, a 4.8% decrease year-over-year, according to a joint forecast from J.D. Power and GlobalData. August new-vehicle retail sales on track for 6.9% decrease year over year, however annual comparisons are skewed by the EV tax credit pull-ahead effect on sales in 2025. August global light-vehicle sales are expected to decline 5.1% from August 2025 to 6.9 million units. This is a selling rate of 91.5 million units, down by 5.3% year-over-year. Continue reading
Posted in economy, manufacturing, news analysis, sales
Tagged August 2026 Global Light-Vehicle Sales Forecast, August 2026 U.S. New-Vehicle Sales Forecast, autoinformed.com, Automotive news and analysis, GlobalData, JD Power and GlobalData, Ken Zino of AutoInformed, Ken Zino of AutoInformed.com writing as AutoCrat, X @KenAutoinformed
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June 2026 U.S. Auto Sales Forecast Up 3.6%
“The average interest rate on new-vehicle loans is expected to fall 0.35 percentage points to 6.66%, the lowest June reading since 2022. However, the average transaction price of a new vehicle has increased to $46,387, an increase of 0.8% from a year ago, while average monthly finance payments have climbed 3.4% to $813, the highest ever for the month of June. A key driver of the higher monthly payment, despite longer loan terms, is lower trade-in equity. Many of the buyers returning to showrooms today purchased when prices were at their peak several years ago when inventory was scarce. This is manifesting itself as more buyers carrying negative equity on their trade-in. A total of 29.5% of trade-ins had negative equity in June, up 1.4 percentage points from a year ago.
“Manufacturers are leaning harder on discounts to keep buyers in the market. Average incentive spending per vehicle is trending towards $3,217, a 12.7% increase from a year ago. Part of that jump reflects tariff dynamics last year, since several OEMs made nonseasonal pullbacks in incentive spending last June as they cut discounts precautionary to offset tariff costs,” said King. Continue reading →