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Tepid growth could signal an up-and-down year ahead, S&P says.
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J.D. Power and GlobalData forecasts 13.2% year-over-year growth.
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S&P Global Mobility offers a conservative 2024 outlook as it sees financial pressures continuing to limit demand.
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Strikes don’t impact deliveries, which are benefiting from rebounding inventory.
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Projections for month put SAAR flat despite strikes.
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September registrations make 14 straight months of gains as electrified models take greater share.
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September deliveries continue year-long wave of new-vehicle increases.
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September results continue year’s streak; NADA expects more of the same.
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Latent demand, particularly from fleets, overcomes other market constraints.
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Improved inventory buoys the former while the new-vehicle market shows balance.
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