Cox Automotive Forecast: August New-Vehicle Sales Maintain Strong 16.0 Million Pace as EV Demand Surges Ahead of Tax Credit Expiration

The new-vehicle sales pace in August is expected to finish near 16.0 million, down slightly compared to July's 16.4 million pace, but up from last year's 15.1 million level. Sales volume in August is expected to reach 1.46 million, up 3.9% from last month and up 2.3% from last year....