{"id":149684,"date":"2024-09-27T02:27:39","date_gmt":"2024-09-27T01:27:39","guid":{"rendered":"http:\/\/www.spglobal.com\/mobility\/en\/research-analysis\/september-2024-us-auto-sales-preview.html"},"modified":"2024-09-27T02:27:39","modified_gmt":"2024-09-27T01:27:39","slug":"september-us-auto-sales-smaller-volume-little-change-to-underlying-dynamics","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2024\/09\/27\/september-us-auto-sales-smaller-volume-little-change-to-underlying-dynamics\/","title":{"rendered":"September US Auto Sales: Smaller Volume, Little Change to Underlying Dynamics"},"content":{"rendered":"

On a volume estimate of 1.18 million units, US light vehicle
\nsales in September are expected to realize a calendar-induced
\ndecline of approximately 12% year-over-year.<\/h2>\n

On the bright side, this would translate to a seasonally
\nadjusted annual rate (SAAR) of 16.0 million units, a notable bump
\nfrom the 15.2 million unit reading in August and sustaining a
\nvolatile pattern for this monthly metric since May. The
\nmonth-to-month volatility in the SAAR reading reflects the current
\nstate of auto demand.<\/p>\n

“New vehicle sales remain stuck in neutral,” said
\nChris Hopson<\/a>, principal analyst at S&amp;P Global Mobility.
\n“The overall tenor of the auto demand environment remains one of
\nconsistent, but unmotivated volume levels as consumers in the
\nmarket continue to be pressured by high interest rates and
\nslow-to-recede vehicle prices, which are translating to high
\nmonthly payments.”<\/p>\n

Despite increasing to 2.88 million units at the end of August,
\ndealer advertised inventory in the US has also largely leveled out
\nsince the spring. “With 2025 model year vehicles now becoming
\navailable at an increased rate (up 65% vs. July), pressure to sell
\ndown remaining stock of 2024 model year vehicles will begin to
\nmount,” suggests
\nMatt Trommer<\/a>, associate director of product at S&amp;P Global
\nMobility.<\/p>\n

Continued advances in inventories and incentives are expected,
\nbut given reports of some automakers culling output expectations
\nfor the remainder of the year, affordability issues are expected to
\nremain stubbornly sticky even as the first interest rate cut was
\nmade. In our September 2024 forecast update, we've lowered our
\ncalendar year 2024 US sales outlook to 15.9 million units, down
\nfrom a previous projection of 16.0 million units. Similarly,
\nour light vehicle production outlook<\/a> for North America has also
\nbeen downgraded to a 2024 calendar year projection of 15.5 million
\nunits, reflecting vehicle timing and inventory correction
\nimpacts.<\/p>\n

\"US<\/p>\n

\"US<\/p>\n

Strong development of battery-electric vehicle (BEV) sales
\nremains an assumption in the longer term light vehicle sales
\nforecast. According to S&amp;P Global Mobility's new registration
\ndata, BEV share of sales has been above 8% in both June and July,
\nprogress from levels earlier in the year. In the immediate term,
\nmoderate month-to-month volatility is anticipated. September BEV
\nshare is expected to remain above 8% once again.<\/p>\n

Assisted by the current roll outs of vehicles such as the
\nChevrolet Equinox EV and Honda Prologue and to be followed by new
\nBEVs such as the Polestar 3, Jeep Wagoneer S and Volkswagen ID.
\nBuzz slated for release in the fourth quarter, electric vehicle
\nsales are expected to advance over the remainder of the year.<\/p>\n

\"US<\/p>\n

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


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

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On a volume estimate of 1.18 million units, US light vehicle
\nsales in September are expected to realize a calendar-induced
\ndecline of approximately 12% year-over-year.On the bright side, this would translate to a seasonally
\nadjusted annual rate (SAAR) …<\/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-149684","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\/149684","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=149684"}],"version-history":[{"count":1,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/149684\/revisions"}],"predecessor-version":[{"id":149685,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/149684\/revisions\/149685"}],"wp:attachment":[{"href":"https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