Cox Automotive reports strong 2024 U.S. new-vehicle sales, driven by robust Q4 performance and positive market trends. General Motors leads sales, while Honda gains market share. Forecasts predict further growth in 2025.
U.S. auto sales in November 2024 surpassed expectations, with a SAAR of 16.5 million. Increased incentives, better financing, and post-election consumer confidence fuel the market.