{"id":139678,"date":"2024-07-25T09:52:40","date_gmt":"2024-07-25T08:52:40","guid":{"rendered":"http:\/\/www.spglobal.com\/mobility\/en\/research-analysis\/july-us-auto-sales-to-realize-bounce-from-june-impacts.html"},"modified":"2024-07-25T09:52:40","modified_gmt":"2024-07-25T08:52:40","slug":"july-us-auto-sales-to-realize-bounce-from-june-impacts","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2024\/07\/25\/july-us-auto-sales-to-realize-bounce-from-june-impacts\/","title":{"rendered":"July US auto sales to realize bounce from June impacts"},"content":{"rendered":"

Given the shift of delayed new vehicle purchases which stemmed
\nfrom the dealer management software cyberattack, the pace of sales
\nin July is expected to realize a notable boost.<\/h2>\n

S&amp;P Global Mobility projects US sales volume for new light
\nvehicle sales in July 2024 will reach 1.32 million units, up
\napproximately 1% year over year. This volume would translate to an
\nestimated sales pace of 16.4 million units (seasonally adjusted
\nannual rate: SAAR), which would be the highest monthly mark for
\nthis metric since May 2021.<\/p>\n

“As a result of delayed transactions from the June auto dealer
\ncyberattacks, even with one less selling day than June 2024, auto
\nsales volume in July is expected to essentially match the
\nmonth-prior result,” said
\nChris Hopson<\/a>, principal analyst at S&amp;P Global Mobility.<\/p>\n

“When averaged together, the two-month SAAR level of June and
\nJuly would be very similar to the respective readings of April
\n(15.8M) and May (15.9M), which were progressing mildly as rising
\ninventory and incentive levels continue to help alleviate some new
\nvehicle affordability pinch points,” he added. “Mixed signals
\nregarding the outlook for the second half of the year remain
\nentrenched though, as new vehicle affordability concerns remain
\nprevalent, and inventories are not expected to advance as strongly
\nas they have done over the past 12 months.”<\/p>\n

On the supply side of the equation, with pockets of automakers
\nreaching inventory saturation points given the current pace of
\nsales, there are expected to be some interesting dynamics in the
\nshort-term production outlook. “Some automakers are struggling to
\nbalance their sales, production, inventory and incentive targets as
\nthe market returns to more normal dynamics than what occurred from
\n2020-2023,” said
\nJoe Langley<\/a>, associate director at S&amp;P Global Mobility.
\n“Our North American light vehicle production outlook for the
\nremainder of this year has been scaled back as automakers attempt
\nto manage these factors.”<\/p>\n

According to
\nMatt Trommer<\/a>, associate director, S&amp;P Global Mobility,
\n“Analysis of June retail advertised inventory data in the US finds
\nthat inventory continues to rise. Available retail advertised
\ninventory at the end of June continued to grow, up 1.8% compared to
\nMay and 57% over last June.”<\/p>\n

\"US<\/p>\n

\"Light<\/p>\n

Continued development of battery-electric vehicle (BEV) sales
\nremains an assumption in the longer term S&amp;P Global Mobility
\nlight vehicle sales forecast. In the immediate term, some
\nmonth-to-month volatility is anticipated. July BEV share is
\nexpected to reach 7.8%, similar to the month prior reading and
\ncontinued advancement from the Q1 2024 results. BEV share is
\nexpected to progress over the next several months, assisted by the
\nthe roll outs of vehicles such as the Chevrolet Equinox EV and
\nHonda Prologue, followed by new BEVs such as the Jeep Wagoneer S
\nand Volkswagen ID. Buzz slated for release in the second half of
\n2024.<\/p>\n

Figure 2: US Battery Electric Vehicle Sales
\nShare<\/strong><\/h2>\n

\"\"<\/p>\n

Get a free preview of our Light Vehicle Sales
\nForecast.<\/strong><\/p>\n


\nDownload Forecast.<\/a><\/p>\n

\n\n

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Given the shift of delayed new vehicle purchases which stemmed
\nfrom the dealer management software cyberattack, the pace of sales
\nin July is expected to realize a notable boost.S&amp;P Global Mobility projects US sales volume for new light
\nvehicle …<\/p>\n","protected":false},"author":479,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[3267],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,3344,3351,3357,3360,3335,3340,3362,112,3353,40,75,95,3350,3352,3356,3343,3359,3339,3345,3334,3341,104,3354,33,120,3358,3349,3337,3348,105,101,98,115,30,29,41,86,3342,3361,70,69,68,72,71,26,118,108,87,3355,46,55,48,52,54,51,50,83,3338,62,58,57,3336,109,35,3346,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,3300,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,3347,119,28,121,32,47,49,53,103,31,76],"class_list":["post-139678","post","type-post","status-publish","format-standard","hentry","category-car-or-automobile","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-auto-financing-guide","tag-automobile-industry-news","tag-automobile-laws-and-regulations","tag-automobile-shows-and-expos","tag-automobile-specifications","tag-automobile-technology","tag-autonomous-vehicles","tag-bbc-sport","tag-best-cars-for-long-drives","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-car-accessories","tag-car-comparison","tag-car-customization-ideas","tag-car-insurance-advice","tag-car-interior-design-ideas","tag-car-maintenance-tips","tag-car-resale-value","tag-car-reviews","tag-car-safety-features","tag-champions-league","tag-city-cars","tag-cyberpunk","tag-cyberpunk-2077","tag-driving-tips-and-tricks","tag-eco-friendly-cars","tag-electric-vehicles","tag-family-cars","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-fuel-efficiency-tips","tag-future-of-automobiles","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-highway-cars","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-hybrid-cars","tag-ios","tag-ipad","tag-iphone","tag-latest-car-models","tag-live-soccer","tag-lol","tag-luxury-cars","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-off-road-vehicles","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-sports-cars","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/139678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/479"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=139678"}],"version-history":[{"count":1,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/139678\/revisions"}],"predecessor-version":[{"id":139679,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/139678\/revisions\/139679"}],"wp:attachment":[{"href":"https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