New-vehicle retail SAAR expected to decline in June
Few incentives, high prices bolster profitability
New-vehicle retail sales are expected to decline year over year in June, hampered by all-time high transaction prices and tight supply, while profitability holds steady. Retail sales of new cars are projected to total 695,300 units, down 18.2% YoY, factoring one more selling day compared with June 2021, according to a joint forecast today […]
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