According to preliminary estimates, US Light Vehicle (LV) sales grew by 8.5% year-on-year (YoY) in November, to 1.22 million units. The YoY growth was helped by weak sales a year ago. While the results were a little lower than expected, the selling rate is at a similar pace to recent months.
US Light Vehicle sales up 8.5% in November
The industry is starting to offer higher incentives as demand growth eases
December 5, 2023