According to preliminary estimates, US Light Vehicle (LV) sales grew by 0.1% YoY in January, to 1.06 million units. If it were not for the presence of an additional selling day as compared to January 2023, the result would have been in negative territory. Sales were somewhat disappointing compared to expectations, although January came on the heels of a huge surge in activity in December.
US vehicle market off to slow start in January
US sales in January were disappointing after a strong December
February 5, 2024