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....
Related Questions
How will the slight decline from July's sales pace affect COX Automotive's near‑term earnings and stock valuation?
What impact will the looming EV tax‑credit expiration have on demand, vehicle mix, and revenue growth for COX Automotive?
How does COX Automotive's August sales forecast compare to its major competitors and the broader auto industry trends?